SBI Magnum Tax Gain Scheme (Equity, Equity Elss)

Moderately High
25 yrs 4 monthsStarted on:31 Mar 1993
₹ 6079.72 Cras on: 17 Jul 2018
Long Term Horizon
2.31%
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)
2 YR7.80
3 YR4.30

SIP Returns

TenureReturns (CAGR)
2 YR2.37
3 YR6.14
5 YR9.96
10 YR12.75

Portfolio

Company Name% Assets
HDFC Bank Ltd.6.22
Reliance Industries Ltd.6.15
ICICI Bank Ltd.5.56
ITC Ltd.4
Infosys Ltd.3.98
Larsen & Toubro Ltd.3.34
State Bank of India3.01
United Breweries Ltd.2.49
Colgate-Palmolive (India) Ltd.2.24
Bharti Airtel Ltd.2.21

Top Sectoral Holdings

Sector Name% Assets
Financial31.7
FMCG11.02
Energy8.95
Construction8.04
Technology7.29
Healthcare5.85
Engineering5.71
Chemicals4.55
Communication4.47
Automobile4.29

Indicators

LabelValue
Portfolio turnover ratio61
Standard Deviation14.1%
Beta1%

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 17 Jul 18 108.35
    Returns since inception (CAGR) 19.00%
    Value Research
    Crisil Ranking 3
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