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Fincash » Mutual Funds » SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund - G

NAV  ₹402.063 ↓ -0.80  (-0.20 %) as on 12 Feb 25

Scheme Objective

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 CAGR return of 12.3% since its launch.  Ranked 31 in ELSS category.  Return for 2024 was 27.7% , 2023 was 40% and 2022 was 6.9% .

Below is the key information for SBI Magnum Tax Gain Fund

NAV as on 12 Feb 25₹402.063 ↓ -0.80  (-0.20 %)
Net Assets (AUM) as on 31 Dec 2024 ₹27,791 Cr.
Launch Date7 May 2007
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio10.14
Expense Ratio1.72 %
Sharpe Ratio1.536
Information Ratio2.15
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Feb 25

DurationReturns
1 Month -3.7%
3 Month -5.8%
6 Month -8.1%
1 Year 12.6%
3 Year 22.2%
5 Year 22.3%
10 Year
15 Year
Since launch 12.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 27.7%
2022 40%
2021 6.9%
2020 31%
2019 18.9%
2018 4%
2017 -8.3%
2016 33%
2015 2.1%

Growth of 10k Over Years

DateValue
31 Jan 20₹10,000
31 Jan 21₹11,652
31 Jan 22₹15,306
31 Jan 23₹16,005
31 Jan 24₹24,038
31 Jan 25₹28,196

Asset Allocation

Asset ClassValue
Cash9.58%
Equity90.28%
Debt0.14%

Sector Allocation

SectorValue
Financial Services24.39%
Technology10.63%
Industrials10.32%
Consumer Cyclical8.97%
Energy7.89%
Health Care7.73%
Basic Materials7.35%
Utility4.59%
Consumer Defensive4.18%
Communication Services3.18%
Real Estate1.05%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
Banks - Regional7%₹2,082 Cr11,743,253
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
Oil & Gas Refining & Marketing4%₹981 Cr8,075,148
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
Banks - Regional3%₹951 Cr7,416,237
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL
Telecom Services3%₹883 Cr5,563,576
Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779
Utilities - Independent Power Producers3%₹771 Cr5,186,766
↑ 275,953
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M
Auto Manufacturers3%₹756 Cr2,515,083
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
Banks - Regional3%₹742 Cr9,335,639
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEEL
Steel3%₹718 Cr52,000,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco3%₹697 Cr14,414,825
Tech Mahindra Ltd (Technology)
Equity, Since 31 Jan 17 | 532755
Information Technology Services2%₹645 Cr3,780,741
↑ 600,000
1 - 10 of 65
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Fund Managers

NameSinceTenure
Dinesh Balachandran10 Sep 168.4 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
HDFC Bank LtdHDFC 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
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
SBI Mutual Fund191"E", Maker Tower,Cuffe Parade

Auditors

CompanyAddress
M/s. M. M. Nissim & Co.3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
SBI Magnum Tax Gain Fund
Growth
₹402.063
↓ -0.80
-8.06 %12.56 %22.18 %22.29 %
SBI Magnum Tax Gain Fund
Normal Dividend, Payout
₹81.5143
↓ -0.16
-8.06 %12.56 %22.18 %21.84 %
Data as on 27 Sep 17

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.