Sbi Magnum Equity Esg Fund

The World Economic Forum (WEF) has cautioned that climate change is responsible for five out of the six major risks confronting the world. In order to be prepared for the future, businesses will need to create strategies that promote climate resilience and adaptation.

It is crucial for companies to consider sustainable investing.

Understanding Sustainable Investing

SBI Magnum Equity ESG Fund follows an investment approach that takes into account not only financial factors but also Environmental, Social & Governance (ESG) considerations when choosing and managing investments.

Growth Catalysts for ESG Investing

In the coming two to three decades, millennials in India will increasingly seek opportunities to invest in ESG assets worldwide.

Sbi Magnum Equity Esg Fund: Evolving Data & Analytics

Enhanced data, policy encouragement along with improved ESG research and analytical capabilities enable the adoption of systematic, quantitative, unbiased, and financially significant methods to address key ESG concerns.

World is Changing

Investors nowadays have to consider new risk factors such as flood risk, sea level rise, privacy and data security concerns, demographic shifts, and regulatory pressures. These factors may lead investors to reassess their traditional investment strategies.

Approaches to Sustainable Investing

Exclude sectors, companies, or practices based on environmental, social, and governance (ESG) criteria.

Refer ESG score

Investing in sectors or companies that are chosen based on their favorable ESG rating.

Social Goals

Investing with the aim of creating a positive impact on the environment or society, while also seeking financial gains.

Mr. Ruchit Mehta

Ruchit holds a CFA charter and has completed his MSc in Finance from Mumbai University.

Mr. R Srinivasan

Rohit, a graduate in Commerce from Mumbai University, has successfully completed his Post Graduate Diploma in Business Management (PGDBM) with a focus on Finance at the Sydenham Institute of Management Studies. He is also recognized as a Charter holder by the CFA Institute based in the USA.

Mr. Ajit Dange, CFA

Ajit has been working with SBI Funds Management Limited for the past 12 years and is presently heading the Portfolio Management Services division. He holds Bachelor of Engineering in Metallurgy and MBA (Finance) degrees and is a CFA charter holder. He has been supporting the Investments team at SBIFM in the ESG assessment activity and assisting the Chief Investment Officer in representing the Organisation at various ESG related initiatives, forums and groups for the past 7 years.

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Sbi Magnum Equity Esg Fund: Aparna Shanker

Aparna holds Bachelors’ Degree in Science and General Law, MBA Finance and PG Diploma in Forex and Treasury Management. She has completed Management Development Program and is an Alumni of IIM Ahmadabad.

Aparna Shanker has an extensive experience of over 28 years in the Indian Mutual Fund industry. She joined SBI MF in 2007 as an Equity Research Analyst and was later promoted to Portfolio Manager in August 2012. Since its launch in July 2016, she has been leading and managing the Equity PMS for SBI Growth with Values Portfolio, which focuses on investing in companies that adhere to positive ESG standards. Until March 2018, she also co-managed the International Institutional PMS. Prior to joining SBIFM, Aparna Shanker worked with Unit Trust of India, Birla Global Finance, and Sahara Asset Management.

She and her classmates provide financial assistance to approximately 40 students from underprivileged backgrounds.

Ms. Priyanka Dhingra

Priyanka Dhingra joined SBIFM in September 2019 as an ESG analyst. With almost a decade of experience, she has been involved in various aspects of environmental policy, advocacy and outreach, corporate engagement on environmental and social issues, sustainability reporting, and extra financial (ESG) analysis. Prior to joining SBIFM, she worked at MSCI as an Associate focusing on ESG ratings. Additionally, she held the position of Assistant Director for Environment and Climate Change at the Federation of Indian Chambers of Commerce & Industry (FICCI). Priyanka also has teaching experience from her time instructing Environmental Studies at the University of Delhi. She holds a Masters in Science degree with a specialization in Environmental Studies from TERI University and completed her BSc (Hons.) Biotechnology from Banasthali University.

Mr Rajesh Disale

Rajesh Disale became an Equity Analyst at SBIFM in February 2019. He has experience and education from the USA and Hong Kong. Before joining SBIFM, he worked as an equity associate at Pelican Growth Holdings. Rajesh is a Chartered Accountant from the Institute of Chartered Accountants of India and holds a Masters in Business Administration from George Washington University. His strong awareness and passion for social and environmental issues drive him in his work.

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Ms. Satyavati Deo

Satyavati has been working with SBI Funds Management for the past 22 years. She holds a Bachelors’ Degree in Commerce and Masters’ in Library and Information Science. She has been handling Proxy Voting activities for the past 9 years. She also handles the documentation related to Corporate Social Responsibility (CSR) activities of the company.

What is the performance of SBI equity ESG fund?

2. The performance of SBI Magnum Equity ESG Fund can be evaluated based on its trailing returns over different time periods. As of now, the fund has generated a return of 27.97% in the past year, 14.79% in the past three years, 16.19% in the past five years, and 15.03% since its launch.

Comparing these returns to the category average for similar time durations, we find that SBI Magnum Equity ESG Fund has slightly underperformed. The category average return for one year is higher at 32.84%, while it is lower at 16.35% for three years and equal at 16.19% for five years.

3.The SBI Magnum Equity ESG Fund focuses on investing in companies that follow Environmental, Social and Governance (ESG) principles or practices which are considered sustainable and responsible by market standards.

Investors who prioritize sustainability alongside potential financial gains may consider including SBI Magnum Equity ESG Fund as part of their investment portfolio.

List:

– Trailing Returns:

– One-year: 27.97%

– Three-year: 14.79%

– Five-year: 16.19%

– Since launch:15..03%

– Category Average Returns:

– One-year:32..84%

– Three-year:16..35%

– Five-year :16..19%

– Investment Focus:

– Companies following Environmental,

Social, and Governance (ESG) principles

– Objective:

– Long-term capital appreciation

– Investments primarily in equity and

equity-related instruments of ESG companies

– Factors Considered:

– Environmental: Climate change policies,

– Social: Employee welfare, community development initiatives

– Governance: Transparent management practices,

board independence

What is the return of SBI Magnum?

The SBI Magnum Mid Cap Direct Plan Growth Fund has shown impressive performance over the past few years. It has delivered annualized returns of approximately 24.91% and 25.37% for the last 3 years and 5 years, respectively. This fund falls under the Equity category of SBI Mutual Funds.

In simple terms, this means that if you had invested in this fund three or five years ago, your investment would have grown by an average of around 24.91% and 25.37% per year, respectively. These returns indicate that the fund has been able to generate good profits for its investors during these periods.

SBI Magnum Mid Cap Direct Plan Growth Fund is a type of mutual fund offered by SBI Mutual Funds in India. It specifically focuses on investing in mid-sized companies listed on stock exchanges. The aim is to provide long-term capital appreciation to investors by selecting quality mid-cap stocks with growth potential.

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– The SBI Magnum Mid Cap Direct Plan Growth Fund has performed well with annualized returns around 24.91% & 25.37% for the last 3 years & 5 years.

– It belongs to the Equity category of SBI Mutual Funds.

– This fund primarily invests in mid-sized companies aiming for long-term capital appreciation.

– Investing in this fund may offer potentially higher returns but comes with slightly higher risks associated with mid-cap investments.

– Thorough research and understanding personal risk tolerance are crucial before investing

Is investing in ESG funds a wise choice?

When selecting ESG funds, you can ensure that your investments are in line with your values and contribute to companies that prioritize sustainability, social responsibility, and good governance. However, it is important to understand that investing in ESG does not guarantee higher financial returns.

Are ESG funds superior?

According to data from Refinitiv Lipper, ESG funds are generally underperforming compared to traditional funds. This suggests that investments focused on environmental, social, and governance (ESG) factors may not be yielding the same level of returns as conventional investment options.

The performance of ESG funds is a matter of concern for investors who prioritize sustainable investing practices. These funds aim to align their portfolios with companies that demonstrate strong environmental stewardship, social responsibility, and effective corporate governance. However, despite the growing popularity of ESG investing globally and in India specifically, it appears that these funds are struggling to deliver competitive returns.

There could be several reasons behind this underperformance. One possibility is that companies meeting strict ESG criteria might have limited growth opportunities or face higher costs due to their commitment towards sustainability measures. Additionally, some critics argue that the lack of standardized metrics for evaluating ESG performance makes it difficult for fund managers to accurately assess potential investments.

Despite the current challenges faced by ESG funds in terms of performance, sustainable investing continues gaining traction among investors worldwide who seek both financial gains and positive impact on society and environment alike. As awareness grows around climate change risks and social issues like inequality and diversity become more prominent concerns for businesses globally, there is an increasing demand for investment products aligned with responsible practices.