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 12.3% since its launch. Ranked 31 in ELSS
category. Return for 2024 was 27.7% , 2023 was 40% and 2022 was 6.9% . NAV as on 12 Feb 25 ₹402.063 ↓ -0.80 (-0.20 %) Net Assets (AUM) as on 31 Dec 2024 ₹27,791 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 10.14 Expense Ratio 1.72 % Sharpe Ratio 1.536 Information Ratio 2.15 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 12 Feb 25 Duration Returns 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
Year Returns 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
Date Value 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 Class Value Cash 9.58% Equity 90.28% Debt 0.14% Sector Allocation
Sector Value Financial Services 24.39% Technology 10.63% Industrials 10.32% Consumer Cyclical 8.97% Energy 7.89% Health Care 7.73% Basic Materials 7.35% Utility 4.59% Consumer Defensive 4.18% Communication Services 3.18% Real Estate 1.05% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 7% ₹2,082 Cr 11,743,253 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 4% ₹981 Cr 8,075,148 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANKBanks - Regional 3% ₹951 Cr 7,416,237 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTLTelecom Services 3% ₹883 Cr 5,563,576 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779Utilities - Independent Power Producers 3% ₹771 Cr 5,186,766
↑ 275,953 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹756 Cr 2,515,083 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBINBanks - Regional 3% ₹742 Cr 9,335,639 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEELSteel 3% ₹718 Cr 52,000,000 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITCTobacco 3% ₹697 Cr 14,414,825 Tech Mahindra Ltd (Technology)
Equity, Since 31 Jan 17 | 532755Information Technology Services 2% ₹645 Cr 3,780,741
↑ 600,000
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 8.4 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 ₹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