SBI Magnum Taxgain Fund (Equity, Equity Elss)

Moderately High
26 yrs 10 monthsStarted on:31 Mar 1993
₹ 7370.28 Cras on: 17 Jan 2020
Long Term Horizon
1.97%
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)
YTD3.74
1 Month3.90
3 Month7.29
1 YR6.31
3 YR8.38

SIP Returns

TenureReturns (CAGR)
1 YR12.18
2 YR6.05
3 YR4.92
5 YR6.38
10 YR10.67

Portfolio

Company Name% Assets
HDFC Bank Ltd.5.98
Axis Bank Ltd.5.58
ICICI Prudential Life Insurance Company Ltd.4.36
ICICI Bank Ltd.4.25
Larsen & Toubro Ltd.4.2
State Bank of India4.1
Infosys Ltd.3.94
Reliance Industries Ltd.3.64
ITC Ltd.2.99
Ambuja Cements Ltd.2.78

Top Sectoral Holdings

Sector Name% Assets
Financial35.69
Construction10.86
Energy9.99
Technology7.72
Engineering7.54
FMCG6.5
Healthcare5.53
Automobile3.99
Communication2.67
Cons Durable2.22

Indicators

LabelValue
Portfolio turnover ratio58
Standard Deviation13.12%
Beta0.97%
Sharpe Ratio0.23

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.