SBI Magnum Taxgain Fund (Equity, Equity Elss)

Moderately High
27 yrs 1 monthsStarted on:31 Mar 1993
₹ 7098.46 Cras on: 30 Mar 2020
Long Term Horizon
1.99%
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)

SIP Returns

TenureReturns (CAGR)
10 YR2.96

Portfolio

Company Name% Assets
HDFC Bank Ltd.5.75
ICICI Prudential Life Insurance Company Ltd.4.42
Axis Bank Ltd.4.38
Infosys Ltd.4.09
ICICI Bank Ltd.4.07
State Bank of India3.86
Bharti Airtel Ltd.3.78
Larsen & Toubro Ltd.3.49
Ambuja Cements Ltd.3.33
Reliance Industries Ltd.3.28

Top Sectoral Holdings

Sector Name% Assets
Financial31.64
Construction11.29
Energy8.93
Technology8.77
Healthcare8.53
Engineering6.91
FMCG5.2
Communication3.78
Automobile2.77
Cons Durable2.68

Indicators

LabelValue
Portfolio turnover ratio62
Standard Deviation13.56%
Beta0.98%

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.