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Fincash » Mutual Funds » SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund - G

NAV  ₹144.901 ↑ 0.20  (0.14 %) as on 18 Sep 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 9.1% 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 18 Sep 20₹144.901 ↑ 0.20  (0.14 %)
Net Assets (AUM) as on 31 Jul 2020 ₹7,239 Cr.
Launch Date7 May 2007
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio0.47
Expense Ratio2.22 %
Sharpe Ratio0.069
Information Ratio-0.79
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 18 Sep 20

DurationReturns
1 Month 1.2%
3 Month 16.8%
6 Month 37.1%
1 Year 10.6%
3 Year 1.2%
5 Year 5.3%
10 Year
15 Year
Since launch 9.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 4%
2018 -8.3%
2017 33%
2016 2.1%
2015 3.2%
2014 49.1%
2013 7%
2012 34.3%
2011 -23.5%

Growth of 10k Over Years

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,940
31 Aug 17₹12,387
31 Aug 18₹13,310
31 Aug 19₹11,887
31 Aug 20₹12,762
SBI Magnum Tax Gain Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.31%
Equity98.69%
SBI Magnum Tax Gain Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services24.65%
Health Care13.77%
Technology10.37%
Industrials9.31%
Consumer Cyclical8.95%
Basic Materials8.79%
Energy7.92%
Consumer Defensive5.61%
Communication Services4.98%
Utility2.85%
Real Estate0.96%
SBI Magnum Tax Gain Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
Oil & Gas Refining & Marketing6%₹459 Cr2,207,009
↓ -95,441
Infosys Ltd (Technology)
Equity, Since 31 Mar 18 | INFY
Information Technology Services4%₹319 Cr3,431,001
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 16 | 540133
Insurance - Life4%₹292 Cr6,904,842
↑ 250,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTL
Telecom Services4%₹284 Cr5,528,671
Cipla Ltd (Healthcare)
Equity, Since 31 Jul 18 | 500087
Drug Manufacturers - General4%₹278 Cr3,893,528
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
Banks - Regional3%₹245 Cr6,216,237
↓ -63,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT
Engineering & Construction3%₹241 Cr2,548,968
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M
Auto Manufacturers3%₹241 Cr3,968,024
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
Banks - Regional3%₹237 Cr11,185,639
Ambuja Cements Ltd (Basic Materials)
Equity, Since 30 Nov 16 | 500425
Building Materials3%₹233 Cr11,063,638
↓ -1,321,844
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Fund Managers

NameSinceTenure
Dinesh Balachandran10 Sep 163.98 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
₹144.901
↑ 0.20
37.08 %10.61 %1.2 %5.32 %
SBI Magnum Tax Gain Fund
Normal Dividend, Payout
₹36.0426
↑ 0.05
37.08 %8.59 %0.26 %4.73 %
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.