SBI Magnum Taxgain Fund (Equity, Equity Elss)

Moderately High
26 yrs 9 monthsStarted on:31 Mar 1993
₹ 7358 Cras on: 10 Dec 2019
Long Term Horizon
1.87%
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)
YTD1.54
3 Month5.49
1 YR6.97
3 YR6.74

SIP Returns

TenureReturns (CAGR)
1 YR0.2
3 YR1.33
5 YR4.17
10 YR9.7

Portfolio

Company Name% Assets
HDFC Bank Ltd.5.99
Axis Bank Ltd.5.46
ICICI Prudential Life Insurance Company Ltd.4.53
Larsen & Toubro Ltd.4.3
ICICI Bank Ltd.4.04
State Bank of India3.92
Infosys Ltd.3.75
Reliance Industries Ltd.3.72
Housing Development Finance Corpn. Ltd.3.18
ITC Ltd.3.09

Top Sectoral Holdings

Sector Name% Assets
Financial36.77
Construction11.15
Energy10.18
Engineering7.72
Technology7.03
FMCG6.67
Healthcare5.44
Automobile3.96
Communication2.59
Chemicals1.59

Indicators

LabelValue
Portfolio turnover ratio54
Standard Deviation13.18%
Beta0.97%
Sharpe Ratio0.2

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.