SBI Magnum Tax Gain Scheme (Equity, Equity Elss)

Moderately High
25 yrs 6 monthsStarted on:31 Mar 1993
₹ 6753.79 Cras on: 21 Sep 2018
Long Term Horizon
2.12%
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)
3 Month1.39
1 YR0.30
2 YR6.94
3 YR7.58

SIP Returns

TenureReturns (CAGR)
2 YR4.36
3 YR7.6
5 YR9.97
10 YR13.05

Portfolio

Company Name% Assets
ICICI Bank Ltd.6.23
ITC Ltd.6.03
Reliance Industries Ltd.6.01
Infosys Ltd.3.95
HDFC Bank Ltd.3.94
State Bank of India3.24
Larsen & Toubro Ltd.3.23
Axis Bank Ltd.2.7
Ambuja Cements Ltd.2.3
Housing Development Finance Corpn. Ltd.2.15

Top Sectoral Holdings

Sector Name% Assets
Financial29.14
FMCG14.18
Healthcare9.4
Energy8.62
Construction7.8
Technology7.69
Engineering5.58
Chemicals4.73
Automobile4.38
Communication3.8

Indicators

LabelValue
Portfolio turnover ratio64
Standard Deviation13.98%
Beta1%
Sharpe Ratio0.29

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.
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