Fincash » SBI Magnum Multicap Vs Motilal Oswal Multicap 35 Fund
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There are numerous differences between SBI Magnum Multicap Fund and Motilal Oswal Multicap 35 Fund. These differences exist in spite both the scheme form part of the same category, that is, diversified Equity Fund. Diversified Funds, in short, can be described as the Mutual Fund schemes that invest in shares belonging to all Market cap categories, that is, large-cap, mid-cap, and small cap stocks. These schemes use a value or growth Investing strategy through which they invest in stocks of companies that are priced lower in comparison to their valuation, Earnings, cash flows, and other parameters. Diversified schemes generally invest around 40-60% of its corpus in large-cap stocks, 10-40% in mid-cap stocks, and a maximum of 10% in small-cap stocks. So, let’s understand the differences SBI Magnum Multicap Fund and Motilal Oswal Multicap 35 Fund through this article.
SBI Magnum Multicap Fund is an open-ended diversified fund managed by SBI Mutual Fund. This scheme is suitable for individuals looking for Capital growth and having a long-tenure of investment. This scheme was launched in the month of September 2005 and uses S&P BSE 500 Index as its base to build its Portfolio. As on March 31, 2018, some of the top holdings of SBI Magnum Multicap Fund included HDFC Bank Limited, Indian Oil Corporation Limited, ITC Limited, Kotak Mahindra Bank Limited, and Maruti Suzuki India Limited. The fund manager managing SBI Magnum Multicap Fund is Mr. Anup Upadhyay. Based on the Asset Allocation objectives of the scheme, it invests around 70-100% of its corpus in equity and equity-related instruments. It also invests a certain portion of its fund money in fixed Income and money market securities.
Motilal Oswal Multicap 35 Fund (earlier known as Motilal Oswal MOSt Focused Multicap 35 Fund) is a part of Motilal Oswal Mutual Fund. This scheme was incepted on April 28, 2014. It uses Nifty 500 TRI Index as its benchmark to construct its portfolio. The scheme is managed by multiple individuals, namely, Mr. Gautam Sinha Roy, Mr. Swapnil Mayekar, Mr. Abhiroop Mukherjee, and Mr. Siddharth Bothra. The objective of Motilal Oswal Multicap 35 Fund is to attain capital appreciation in the long-term tenure by investing in equity and equity-related instruments belonging to various sectors and market capitalization levels. However, it’s investments are limited to a maximum of 35 instruments at a given point in time. The level of risk of Motilal Oswal Multicap 35 Fund is moderately high.
Though both the schemes belong to the same category of diversified funds, they differ on account of numerous parameters. So, let’s understand the differences between SBI Magnum Multicap Fund Vs Motilal Oswal Multicap 35 Fund by analysing these parameters that are divided into four sections, that are as follows.
It is the first section in the comparison of the schemes that includes parameters such as current NAV, Fincash Rating, and scheme category. The comparison of Fincash Rating shows that MOMFM 35 Fund is rated as 5-Star scheme, while SBI Magnum Multicap Fund is rated as 4-Star scheme. There also exists a difference in the NAV of both the schemes. As on April 24, 2018, the NAV of Motilal Oswal’s scheme was approximately INR 27 while of SBI Mutual Fund’s scheme was nearly INR 48. With respect to the scheme category, it can be said that both the schemes belong to the same category of Equity Diversified. The comparison of the basics section is summarized as shown in the table given below.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load SBI Magnum Multicap Fund
Growth
Fund Details ₹83.8465 ↑ 0.49 (0.59 %) ₹17,933 on 31 Jul 23 29 Sep 05 ☆☆☆☆ Equity Multi Cap 9 Moderately High 1.75 0.91 -0.42 0.92 Not Available 0-6 Months (1%),6-12 Months (0.5%),12 Months and above(NIL) Motilal Oswal Multicap 35 Fund
Growth
Fund Details ₹36.6318 ↑ 0.15 (0.40 %) ₹8,288 on 31 Jul 23 28 Apr 14 ☆☆☆☆☆ Equity Multi Cap 5 Moderately High 1.41 0.67 -1.88 -0.42 Not Available 0-1 Years (1%),1 Years and above(NIL)
In this section, the Compounded Annual Growth Rate or CAGR returns for various time intervals are compared. These time intervals include 6 Month Return, 1 Year Return, 5 Year Return, and Return since Inception. The comparison of performance section shows that, in most of the time instances, Motilal Oswal Multicap 35 Fund leads the race. The summary comparison of the performance section is tabulated as follows.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch SBI Magnum Multicap Fund
Growth
Fund Details -1.2% 6.6% 11.6% 10.5% 20.8% 11.4% 0% Motilal Oswal Multicap 35 Fund
Growth
Fund Details 0.3% 8.1% 15.8% 11.4% 12.8% 6.2% 15%
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The comparison of absolute returns for a particular year generated by both the schemes is compared in the yearly performance section. This comparison of yearly performance section also shows that Motilal Oswal Multicap 35 Fund has performed better as compared to yearly performance section.
Parameters Yearly Performance 2022 2021 2020 2019 2018 SBI Magnum Multicap Fund
Growth
Fund Details 0.7% 30.8% 13.6% 11% -5.5% Motilal Oswal Multicap 35 Fund
Growth
Fund Details -3% 15.3% 10.3% 7.9% -7.8%
AUM, minimum SIP and lumpsum investment, and exit load are some of the components that form part of the other details section. With respect to the AUM, it can be said that there is a significant difference between the AUM of both the schemes. As on March 31, 2018, the AUM of SBI Mutual Fund’s scheme was approximately INR 4,704 Crores while of Motilal Oswal Mutual Fund’s scheme was approximately INR 12,213 Crores. The minimum SIP and lumpsum investment are also different for both the schemes. With respect to SBI Magnum Multicap Fund, the minimum SIP amount is INR 500 while the lumpsum amount is INR 1,000. On the other hand, in case of Motilal Oswal Multicap 35 Fund the SIP amount is INR 1,000 and lumpsum amount is INR 5,000 respectively. Even, there is a difference in the exit load of both the schemes. The comparison of other details section is summarized in the table given below.
Parameters Other Details Min SIP Investment Min Investment Fund Manager SBI Magnum Multicap Fund
Growth
Fund Details ₹500 ₹1,000 R. Srinivasan - 1.67 Yr. Motilal Oswal Multicap 35 Fund
Growth
Fund Details ₹500 ₹5,000 Niket Shah - 1.17 Yr.
SBI Magnum Multicap Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,509 31 Aug 20 ₹9,539 31 Aug 21 ₹14,986 31 Aug 22 ₹15,370 31 Aug 23 ₹17,066 Motilal Oswal Multicap 35 Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,267 31 Aug 20 ₹9,263 31 Aug 21 ₹13,159 31 Aug 22 ₹12,445 31 Aug 23 ₹14,187
SBI Magnum Multicap Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 3.78% Equity 96.22% Equity Sector Allocation
Sector Value Financial Services 30.54% Consumer Cyclical 14.52% Industrials 11.9% Technology 6.94% Communication Services 6.55% Consumer Defensive 6.5% Energy 6.23% Health Care 5.65% Basic Materials 5.46% Utility 1.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 17 | ICICIBANK8% ₹1,449 Cr 15,110,055 Infosys Ltd (Technology)
Equity, Since 31 Oct 20 | INFY6% ₹1,028 Cr 7,160,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | HDFCBANK5% ₹958 Cr 6,095,354 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 14 | ITC4% ₹787 Cr 17,900,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK4% ₹759 Cr 4,314,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE4% ₹643 Cr 2,673,270 Alphabet Inc Class A (Communication Services)
Equity, Since 31 Jul 21 | GOOGL3% ₹563 Cr 500,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | 5000343% ₹480 Cr 669,700 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 19 | LT3% ₹465 Cr 1,720,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 16 | BHARTIARTL2% ₹432 Cr 5,050,000 Motilal Oswal Multicap 35 Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 9.59% Equity 90.41% Equity Sector Allocation
Sector Value Financial Services 30.37% Consumer Cyclical 21.26% Industrials 16.62% Technology 15.11% Basic Materials 4.08% Real Estate 2.48% Health Care 0.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Apr 23 | 54332011% ₹947 Cr 97,000,000 Jio Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 23 | -10% ₹835 Cr 35,770,728
↑ 35,770,728 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 21 | ICICIBANK7% ₹623 Cr 6,500,000
↓ -1,250,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK7% ₹566 Cr 3,600,000
↓ -12,000 Persistent Systems Ltd (Technology)
Equity, Since 31 Mar 23 | PERSISTENT7% ₹564 Cr 1,050,000
↓ -50,000 Coforge Ltd (Technology)
Equity, Since 31 May 23 | COFORGE6% ₹506 Cr 925,000 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | TIINDIA6% ₹499 Cr 1,721,048
↓ -678,952 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 23 | CHOLAFIN5% ₹449 Cr 4,000,000
↑ 1,950,000 Vaibhav Global Ltd (Consumer Cyclical)
Equity, Since 30 Jun 19 | VAIBHAVGBL5% ₹392 Cr 8,873,399
↓ -126,601 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Dec 22 | DEEPAKNTR4% ₹344 Cr 1,550,020
↓ -299,980
Therefore, based on the above pointers, it can be concluded that both the schemes differ due to numerous parameters. Resultantly, individuals should pay due attention to the schemes in which they are trying to invest their money. They should check whether the said scheme matches their investment objective or not. In addition, individuals, if required, can also consult an opinion of a financial advisor. This will help them to attain their objectives on time and in a hassle-free manner.