SBI Magnum Taxgain Fund (Equity, Equity Elss)

Moderately High
26 yrs 5 monthsStarted on:31 Mar 1993
₹ 6740.92 Cras on: 22 Aug 2019
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)
3 YR2.53

SIP Returns

TenureReturns (CAGR)
5 YR1.55
10 YR8.67

Portfolio

Company Name% Assets
ICICI Bank Ltd.6.48
ICICI Prudential Life Insurance Company Ltd.5.4
HDFC Bank Ltd.4.76
Larsen & Toubro Ltd.4.3
Reliance Industries Ltd.4.06
State Bank of India3.97
Axis Bank Ltd.3.86
ITC Ltd.3.71
Infosys Ltd.3.3
Housing Development Finance Corpn. Ltd.3.17

Top Sectoral Holdings

Sector Name% Assets
Financial33.24
Construction11.16
FMCG10.38
Energy10.15
Engineering8.49
Technology7.71
Healthcare4.59
Automobile3.47
Communication2.86
Chemicals1.49

Indicators

LabelValue
Portfolio turnover ratio57
Standard Deviation13.19%
Beta0.95%

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.