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Fincash » Mutual Funds » SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund - G

NAV  ₹430.931 ↓ -0.58  (-0.13 %) as on 19 May 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 12.4% 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 19 May 25₹430.931 ↓ -0.58  (-0.13 %)
Net Assets (AUM) as on 30 Apr 2025 ₹28,506 Cr.
Launch Date7 May 2007
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio1.12
Expense Ratio1.72 %
Sharpe Ratio0.084
Information Ratio2.37
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 19 May 25

DurationReturns
1 Month 5%
3 Month 7.7%
6 Month 2.7%
1 Year 9.3%
3 Year 29%
5 Year 31%
10 Year
15 Year
Since launch 12.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
30 Apr 20₹10,000
30 Apr 21₹15,230
30 Apr 22₹18,142
30 Apr 23₹20,235
30 Apr 24₹32,498
30 Apr 25₹34,817

Asset Allocation

Asset ClassValue
Cash9.14%
Equity90.86%

Sector Allocation

SectorValue
Financial Services28%
Energy9.79%
Technology9.75%
Consumer Cyclical8.1%
Basic Materials7.82%
Industrials7.66%
Health Care7.19%
Consumer Defensive5.01%
Utility4.79%
Communication Services2%
Real Estate0.76%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
Banks - Regional10%₹2,751 Cr14,293,253
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
Oil & Gas Refining & Marketing6%₹1,584 Cr11,275,148
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
Banks - Regional4%₹1,058 Cr7,416,237
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco3%₹912 Cr21,414,825
↑ 7,000,000
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEEL
Steel3%₹868 Cr62,000,000
↑ 4,367,450
Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779
Utilities - Independent Power Producers3%₹864 Cr5,610,813
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215
Banks - Regional3%₹767 Cr6,473,332
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&M
Auto Manufacturers3%₹737 Cr2,515,083
State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBIN
Banks - Regional3%₹736 Cr9,335,639
Cipla Ltd (Healthcare)
Equity, Since 31 Jul 18 | 500087
Drug Manufacturers - Specialty & Generic3%₹730 Cr4,711,312
↑ 325,884
1 - 10 of 65
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Fund Managers

NameSinceTenure
Dinesh Balachandran10 Sep 168.64 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
₹430.931
↓ -0.58
2.65 %9.31 %28.96 %31.03 %
SBI Magnum Tax Gain Fund
Normal Dividend, Payout
₹87.367
↓ -0.12
2.65 %9.31 %28.96 %31.03 %
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.