SBI Magnum Tax Gain Scheme (Equity, Equity Tax Saving)

Moderately High
25 yrs 2 monthsStarted on:31 Mar 1993
₹ 6434.14 Cras on: 22 May 2018
Long Term Horizon
1.80%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

Investment Objective

The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.

Exit Load

Scheme Documents

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Tenure

TenureReturns (CAGR)
1 YR5.37
2 YR13.49
3 YR5.94

SIP Returns

TenureReturns (CAGR)
2 YR5.63
3 YR7.75
5 YR11.66
10 YR13.33

Portfolio

Company Name% Assets
ICICI Bank Ltd.5.43
Reliance Industries Ltd.4.86
HDFC Bank Ltd.4.44
ITC Ltd.3.51
Larsen & Toubro Ltd.3.47
Mahindra & Mahindra Ltd.2.71
State Bank of India2.7
Axis Bank Ltd.2.61
Ambuja Cements Ltd.2.5
Rural Electrification Corpn. Ltd.2.38

Top Sectoral Holdings

Sector Name% Assets
Financial31.24
FMCG11.96
Construction9.88
Energy9.14
Engineering6.94
Healthcare6.21
Technology6.1
Automobile5.94
Communication4.62
Chemicals3.85

Indicators

LabelValue
Portfolio turnover ratio62
Standard Deviation13.9%
Sharpe Ratio0.41

Dinesh Balachandran

Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.

Other Funds Managed by Dinesh Balachandran

  • Nav as on 22 May 18 110.85
    Returns since inception (CAGR) 19.31%
    Value Research
    Crisil Ranking 3
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