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Fincash » Mutual Funds » SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund - G

NAV  ₹149.814 ↓ 1.17   (0.79 %) as on 24 Jan 20

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 9.9% since its launch.  Ranked 31 in ELSS category.  Return for 2019 was 4% , 2018 was -8.3% and 2017 was 33% .

Below is the key information for SBI Magnum Tax Gain Fund

NAV as on 24 Jan 20₹149.814 ↓ 1.17   (0.79 %)
Net Assets (AUM) as on 31 Dec 2019 ₹7,370 Cr.
Launch Date7 May 2007
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio-4.59
Expense Ratio2.22 %
Sharpe Ratio0.106
Information Ratio-1.8
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 24 Jan 20

DurationReturns
1 Month 4.7%
3 Month 8.1%
6 Month 9.1%
1 Year 9.5%
3 Year 8.5%
5 Year 5.5%
10 Year
15 Year
Since launch 9.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 4%
2017 -8.3%
2016 33%
2015 2.1%
2014 3.2%
2013 49.1%
2012 7%
2011 34.3%
2010 -23.5%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,320
31 Dec 16₹10,537
31 Dec 17₹14,016
31 Dec 18₹12,847
31 Dec 19₹13,361
SBI Magnum Tax Gain Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash5.06%
Equity94.94%
SBI Magnum Tax Gain Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services36.79%
Industrials12.08%
Basic Materials8.3%
Technology7.02%
Consumer Defensive6.67%
Utility5.91%
Health Care5.44%
Energy5.29%
Consumer Cyclical3.99%
Communication Services3.46%
SBI Magnum Tax Gain Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
6%₹442 Cr3,466,730
↓ -565,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215
5%₹403 Cr5,454,199
↑ 1,500,000
Treps
CBLO/Reverse Repo | -
5%₹374 Cr
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 16 | ICICIPRULI
5%₹334 Cr6,654,842
↓ -1,048,683
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT
4%₹317 Cr2,383,981
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
4%₹298 Cr5,812,042
↓ -4,470,801
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
4%₹289 Cr8,462,366
↓ -947,867
Infosys Ltd (Technology)
Equity, Since 31 Mar 18 | INFY
4%₹276 Cr3,970,000
↑ 945,178
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
4%₹275 Cr1,770,000
↓ -695,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFC
3%₹235 Cr1,022,436
↓ -635,000
1 - 10 of 68
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Fund Managers

NameSinceTenure
Dinesh Balachandran10 Sep 163.22 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 Svcs
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
₹149.814
↑ 1.17
9.13 %9.48 %8.48 %5.55 %
SBI Magnum Tax Gain Fund
Normal Dividend, Payout
₹41.0802
↑ 0.32
9.13 %8.45 %8.13 %5.35 %
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.