SBI Magnum (India) Fund

0P00009J47 -  India Fund  

INR 166.47  2.01  1.22%

SBI Magnum is trading at 166.47 as of the 24th of September 2021, a 1.22% increase since the beginning of the trading day. The fund's open price was 164.46. SBI Magnum has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SBI Magnum Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2021 and ending today, the 24th of September 2021. Click here to learn more.
 Market Performance
25 of 100
  Odds Of Distress
Less than 1

SBI Magnum Fund Profile

To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental, Social and Governance criteria. SBI Magnum is traded on Bombay Stock Exchange in India. more on SBI Magnum
SBI Magnum Equity is unlikely to experience financial distress in the next 2 years
The fund holds 95.55% of its total net assets in equities
Legal NameSBI Magnum Equity
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SBI Magnum's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Startdate6th of June 2009
SBI Magnum Equity [0P00009J47] is traded in India and was established 24th of September 2021. The fund is listed under Equity - Other category and is part of SBI Funds Management Private Limited family. SBI Magnum Equity presently has accumulated 3.47 B in total net assets with minimum initial investment of 1 K.
Check SBI Magnum Probability Of Bankruptcy

Instrument Allocation

SBI Magnum Target Price Odds Analysis

What are SBI Magnum's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SBI Magnum jumping above the current price in 90 days from now is roughly 2.57%. The SBI Magnum Equity probability density function shows the probability of SBI Magnum fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SBI Magnum has a beta of 0.1773. This suggests as returns on the market go up, SBI Magnum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SBI Magnum Equity will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2789, implying that it can generate a 0.28 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 166.47HorizonTargetOdds Up 166.47 
97.39%90 days
 166.47 
2.57%
Based on a normal probability distribution, the odds of SBI Magnum to move above the current price in 90 days from now is roughly 2.57 (This SBI Magnum Equity probability density function shows the probability of 0P00009J47 Fund to fall within a particular range of prices over 90 days) .

SBI Magnum Equity Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SBI Magnum market risk premium is the additional return an investor will receive from holding SBI Magnum long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SBI Magnum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SBI Magnum's alpha and beta are two of the key measurements used to evaluate SBI Magnum's performance over the market, the standard measures of volatility play an important role as well.

SBI Magnum Against Markets

Picking the right benchmark for SBI Magnum fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SBI Magnum fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SBI Magnum is critical whether you are bullish or bearish towards SBI Magnum Equity at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SBI Magnum without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the SBI Magnum Equity information on this page should be used as a complementary analysis to other SBI Magnum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for 0P00009J47 Fund

When running SBI Magnum Equity price analysis, check to measure SBI Magnum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBI Magnum is operating at the current time. Most of SBI Magnum's value examination focuses on studying past and present price action to predict the probability of SBI Magnum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SBI Magnum's price. Additionally, you may evaluate how the addition of SBI Magnum to your portfolios can decrease your overall portfolio volatility.
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