SBI Magnum Taxgain (Equity, Equity Elss)

Moderately High
25 yrs 12 monthsStarted on:31 Mar 1993
₹ 6534.28 Cras on: 22 Feb 2019
Long Term Horizon
2.10%
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

Similar Funds
Aditya Birla SL Tax Relief 96
Current NAV 29.76
Return (CAGR) 24.17%
Value Research NA
Axis Long Term Equity
Current NAV 40.75
Return (CAGR) 16.58%
Value Research
DSP Tax Saver
Current NAV 43.84
Return (CAGR) 12.99%
Value Research
Principal Tax Savings
Current NAV 192.72
Return (CAGR) 15.97%
Value Research
Franklin India Taxshield
Current NAV 531.97
Return (CAGR) 22.12%
Value Research
Reliance Tax Saver (ELSS)
Current NAV 50.75
Return (CAGR) 12.86%
Value Research
ICICI Pru Long Term Equity (Tax Saving)
Current NAV 347.22
Return (CAGR) 19.92%
Value Research
HDFC Taxsaver
Current NAV 481.96
Return (CAGR) 24.73%
Value Research
UTI Long Term Equity
Current NAV 81.61
Return (CAGR) 14.21%
Value Research
Baroda Pioneer ELSS 96
Current NAV 41.45
Return (CAGR) 11.92%
Value Research NA
Mirae Asset Tax Saver
Current NAV 16.28
Return (CAGR) 16.69%
Value Research
Motilal Oswal Long Term Equity
Current NAV 15.87
Return (CAGR) 11.95%
Value Research

Tenure

TenureReturns (CAGR)
3 Month0.24
2 YR4.87
3 YR11.16

SIP Returns

TenureReturns (CAGR)
3 YR3
5 YR5.75
10 YR10.97

Portfolio

Company Name% Assets
ICICI Bank Ltd.5.74
Infosys Ltd.5.39
HDFC Bank Ltd.4.54
ITC Ltd.4.44
Reliance Industries Ltd.4.12
Axis Bank Ltd.3.69
State Bank of India3.29
Larsen & Toubro Ltd.3.2
Ambuja Cements Ltd.3.03
Housing Development Finance Corpn. Ltd.2.7

Top Sectoral Holdings

Sector Name% Assets
Financial27.38
Construction10.12
FMCG9.94
Healthcare9.6
Technology8.24
Energy7.74
Automobile4.72
Engineering4.56
Chemicals4.26
Communication2.84

Indicators

LabelValue
Portfolio turnover ratio56
Standard Deviation14.51%
Beta0.96%
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.