SBI Magnum Taxgain Fund (Equity, Equity Elss)

Moderately High
26 yrs 7 monthsStarted on:31 Mar 1993
₹ 7019.69 Cras on: 18 Oct 2019
Long Term Horizon
1.83%
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)
YTD1.64
1 Month6.69
1 YR6.62
3 YR4.43

SIP Returns

TenureReturns (CAGR)
1 YR2.6
3 YR2.15
5 YR4.58
10 YR9.99

Portfolio

Company Name% Assets
HDFC Bank Ltd.7.05
ICICI Bank Ltd.6.35
Axis Bank Ltd.5.32
ICICI Prudential Life Insurance Company Ltd.5.09
Reliance Industries Ltd.4.68
Housing Development Finance Corpn. Ltd.4.67
Larsen & Toubro Ltd.4.39
ITC Ltd.3.43
Infosys Ltd.3.21
State Bank of India3.11

Top Sectoral Holdings

Sector Name% Assets
Financial38.6
Construction10.77
Energy9.06
Engineering8.49
FMCG7.9
Technology7.74
Healthcare5.11
Automobile3.82
Communication2.78
Chemicals1.59

Indicators

LabelValue
Portfolio turnover ratio53
Standard Deviation13.43%
Beta0.96%

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.