Investment Objective and Approach

The scheme seeks to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses. SBI Magnum Comma Fund, managed by SBI Mutual Fund, falls under the sectoral or thematic funds category, aiming to provide investors with capital appreciation linked to the growth of commodity-related businesses.

SBI Magnum Comma Fund Direct Plan Growth achieves this by investing in a commodity-based companies of varying market capitalisations. The fund maintains minimum investment in equity & equity related instruments of a particular sector/particular theme - 80% of total assets. The fund focuses on generating steady returns over the medium to long term.

The fund primarily invests in companies involved in basic materials, energy, utilities, and related commodity sectors. This focused approach allows investors to participate in the growth potential of India's commodity and natural resources sector while benefiting from the expertise of professional fund management.

Fund Managers

The fund is managed by Richard D'souza, Mohit Jain, Dinesh Balachandran, Pradeep Kesavan. The fund management team brings extensive experience in equity research and commodity sector analysis.

Key details about the fund managers:

- Dinesh Balachandran: Mr. Dinesh has over 11 years of experience in the industry primarily as Research Analyst. Prior to joining SBIFM, Dinesh was Research Analyst with Fidelity Investments, USA for ten years. Dinesh is a B. Tech (IIT-B) and M. S. (MIT, USA). He is also a charter holder of the CFA Institute, USA.

- Richard D'souza: Richard D'souza did B.Sc from University of Mumbai. He worked at Alchemy Shares and Brokerage Firm and ASK Investment Managers Private Limited before joining SBI Mutual Fund.

- Pradeep Kesavan: Mr. Kesavan has done B.Com, MBA (Finance) and CFA. Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech.

About the Fund House (AMC)

SBI Mutual Fund was launched as a joint venture between State Bank of India (SBI) and AMUNDI of France which is an asset management company, way back in 1987. You will find State Bank of India as the sponsor and SBI Mutual Fund Trustee Company Private Limited as the trustee of the SBI Mutual Fund.

With 30 years of rich experience in fund management, SBI Funds Management Ltd. (SBIFML) bring forward their expertise by consistently delivering value to their investors. They have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank.

Key highlights of SBI Mutual Fund:

- SBI Mutual Fund was the second mutual fund in India after UTI. It was a joint venture between the largest and the most profitable Indian public sector bank, SBI and French asset management company, Amundi.

- As of February 2023, SBI Asset Management had a total of ~₹4,49,169 crore assets under management.

- SBI Mutual Fund was the first Indian mutual fund company to introduce the 'Contra' fund in India. They also launched the first ESG fund in India.

- SBI Funds Management Ltd manages assets worth ₹ 11,90,700.26 crores. It's current offering of mutual fund schemes includes 46 equity, 70 debt and 15 hybrid schemes.

Should I Invest in SBI COMMA Fund?

SBI COMMA Fund is suitable for investors who:

Ideal For:

- Seek exposure to commodity and commodity-related businesses

- Have a high-risk tolerance as the fund carries a "Very High" risk rating

- Are looking for thematic investment opportunities in India's natural resources sector

- Can invest with a medium to long-term horizon (3+ years)

- Want to diversify their portfolio with sectoral exposure

Key Considerations:

- The SBI Comma Fund Direct Growth is rated Very High risk.

- Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.57%, 10.56% and 26.44% respectively.

- The fund has an expense ratio of 1.84% as of June 2025

- Exit load of 0.50% if redeemed within 30 days.

The fund's performance is closely tied to commodity cycles and economic conditions affecting the natural resources sector. Investors should carefully evaluate their risk appetite and investment horizon before investing.

FAQs

What is today's NAV of SBI COMMA Fund?

The latest declared NAV of SBI Comma Fund is ₹105.1776 as of 22-Aug-2025. NAV changes daily based on market conditions and underlying asset values.

What is the AUM of SBI COMMA Fund?

The fund has an AUM (Fund size) of ₹677.56 Crore as of June 2025. The AUM reflects the total market value of assets managed by the fund.

What is the expense ratio of SBI COMMA Fund?

The expense ratio is 1.84% as of June 2025. This represents the annual charges for fund management and operations.

What are the returns of SBI COMMA Fund since inception?

SBI Magnum Comma Fund Direct Growth has given a CAGR return of 13.80% since inception. Past performance does not guarantee future returns, and mutual fund investments are subject to market risks.

What is the minimum SIP amount to invest in SBI COMMA Fund?

The minimum investment required to start investing in SBI Comma Fund is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in SBI COMMA Fund?

You can invest in SBI COMMA Fund through Allvest's platform by logging into your account, selecting the fund, choosing SIP or lumpsum investment option, and completing the transaction through UPI or net banking.

How to start a SIP in SBI COMMA Fund?

To start a SIP, log into your Allvest account, select SBI COMMA Fund, choose the SIP option, set your monthly investment amount (minimum ₹500), select investment date, and authorize the payment method.

How do I automate an SIP in SBI COMMA Fund?

You can automate your SIP by setting up a recurring mandate through UPI AutoPay or bank standing instructions during the SIP setup process on Allvest's platform. This ensures automatic monthly investments without manual intervention.

How can I withdraw/redeem my investment in SBI COMMA Fund?

You can redeem your investment through Allvest's platform by selecting the fund, choosing partial or full redemption, specifying the amount or units to redeem. The proceeds will be credited to your registered bank account within 1-3 business days.