Table of Contents To deliver the benefit of investment in a portfolio of equity shares, while offering
deduction on such investment made in the scheme under section 80C of the
Income-tax Act, 1961. It also seeks to distribute income periodically depending
on distributable surplus. Investments in this scheme would be subject to a
statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits. SBI Magnum Tax Gain Fund is a Equity - ELSS fund launched on 7 May 07. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Tax Gain Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis SBI Magnum Tax Gain Fund - G
Scheme Objective
CAGR return of 14% since its launch. Ranked 31 in ELSS category. Return for 2023 was 40% , 2022 was 6.9% and 2021 was 31% . NAV as on 8 Oct 24 ₹443.057 ↑ 3.79 (0.86 %) Net Assets (AUM) as on 31 Aug 2024 ₹28,000 Cr. Launch Date 7 May 2007 Category Equity - ELSS Rating ☆☆ Type Open Ended Fund Risk Moderately High AMC SBI Funds Management Private Limited Alpha Ratio 0.0 Expense Ratio 1.72 % Sharpe Ratio 3.312 Information Ratio 0.0 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Oct 24 Duration Returns 1 Month 0.3% 3 Month 2.8% 6 Month 15.4% 1 Year 51.6% 3 Year 25.5% 5 Year 27.3% 10 Year 15 Year Since launch 14% Historical Annual Returns
Year Returns 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% Growth of 10k Over Years
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹10,279 30 Sep 21 ₹16,022 30 Sep 22 ₹16,283 30 Sep 23 ₹21,449 30 Sep 24 ₹33,131 Asset Allocation
Asset Class Value Cash 9.82% Equity 90.18% Sector Allocation
Sector Value Financial Services 22.51% Industrials 12.35% Consumer Cyclical 10.55% Energy 8.73% Health Care 7.9% Technology 7.68% Basic Materials 6.74% Utility 5.31% Consumer Defensive 4.2% Communication Services 3.16% Real Estate 0.88% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | 500180Banks - Regional 4% ₹1,251 Cr 7,643,253 GE T&D India Ltd (Industrials)
Equity, Since 30 Sep 16 | GET&DSpecialty Industrial Machinery 4% ₹1,036 Cr 6,044,329
↓ -1,959,567 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | 500325Oil & Gas Refining & Marketing 3% ₹962 Cr 3,187,574
↑ 750,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹958 Cr 3,415,083 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | 532174Banks - Regional 3% ₹912 Cr 7,416,237 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | TATAMOTORSAuto Manufacturers 3% ₹888 Cr 7,989,722
↑ 5,319,722 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | 532454Telecom Services 3% ₹884 Cr 5,563,576 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | TORNTPOWERUtilities - Independent Power Producers 3% ₹856 Cr 4,910,813 State Bank of India (Financial Services)
Equity, Since 31 May 06 | 500112Banks - Regional 3% ₹761 Cr 9,335,639 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | 500875Tobacco 3% ₹723 Cr 14,414,825
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 7.98 Yr. Custodians
Company Address Bank of Nova Scotia 12/13, Maker Chamber VI,220, Nariman Point HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), SBI-SG Global Securities Services Private Limited “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address SBI Mutual Fund 191"E", Maker Tower,Cuffe Parade Auditors
Company Address M/s. M. M. Nissim & Co. 3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year SBI Magnum Tax Gain Fund
Growth ₹443.057
↑ 3.79 15.36 % 51.65 % 25.47 % 27.31 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹89.8255
↑ 0.77 15.36 % 51.65 % 25.47 % 26.84 % Data as on 27 Sep 17
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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