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 8 Aug 25 ₹426.177 ↓ -3.60 (-0.84 %) Net Assets (AUM) as on 30 Jun 2025 ₹30,616 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 -0.022 Information Ratio 2.04 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 Aug 25 Duration Returns 1 Month -4.4% 3 Month 3% 6 Month 2.8% 1 Year -1.7% 3 Year 23.7% 5 Year 24.9% 10 Year 15 Year Since launch 12.3% Historical Annual Returns
Year Returns 2024 27.7% 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% Growth of 10k Over Years
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹15,015 31 Jul 22 ₹16,025 31 Jul 23 ₹20,617 31 Jul 24 ₹32,306 31 Jul 25 ₹31,530 
Asset Allocation
Asset Class Value Cash 6% Equity 93.88% Debt 0.13% 
Sector Allocation
Sector Value Financial Services 28.38% Technology 9.8% Basic Materials 9.58% Energy 9.52% Consumer Cyclical 8.7% Industrials 8.15% Health Care 7.37% Utility 4.84% Consumer Defensive 4.46% Communication Services 2.01% Real Estate 1.06% 
Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 9% ₹2,861 Cr 14,293,253 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 6% ₹1,692 Cr 11,275,148 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | 532174Banks - Regional 4% ₹1,072 Cr 7,416,237 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEELSteel 3% ₹991 Cr 62,000,000 Cipla Ltd (Healthcare)
Equity, Since 31 Jul 18 | 500087Drug Manufacturers - Specialty & Generic 3% ₹918 Cr 6,098,542 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITCTobacco 3% ₹892 Cr 21,414,825 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779Utilities - Independent Power Producers 3% ₹823 Cr 5,610,813 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹801 Cr 2,515,083 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 23 | KOTAKBANKBanks - Regional 3% ₹790 Cr 3,650,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215Banks - Regional 3% ₹776 Cr 6,473,332
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 8.89 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 ₹426.177
↓ -3.60 2.79 % -1.66 % 23.74 % 24.94 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹86.4032
↓ -0.73 2.79 % -1.66 % 23.74 % 24.94 % 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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