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 13.2% since its launch. Ranked 31 in ELSS
category. Return for 2023 was 40% , 2022 was 6.9% and 2021 was 31% . NAV as on 27 Mar 24 ₹368.908 ↑ 0.24 (0.07 %) Net Assets (AUM) as on 29 Feb 2024 ₹21,203 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 12.5 Expense Ratio 1.79 % Sharpe Ratio 3.393 Information Ratio 1.54 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 27 Mar 24 Duration Returns 1 Month -0.4% 3 Month 12.1% 6 Month 25.4% 1 Year 61% 3 Year 27.2% 5 Year 21% 10 Year 15 Year Since launch 13.2% Historical Annual Returns
Year Returns 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,138 28 Feb 21 ₹13,429 28 Feb 22 ₹15,572 28 Feb 23 ₹17,245 29 Feb 24 ₹27,256 Asset Allocation
Asset Class Value Cash 6.63% Equity 93.37% Sector Allocation
Sector Value Financial Services 22.62% Industrials 15.34% Consumer Cyclical 9.81% Health Care 8.58% Energy 8.36% Basic Materials 7.81% Technology 7.67% Utility 6% Communication Services 3.24% Consumer Defensive 3.1% Real Estate 0.83% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity GE T&D India Ltd (Industrials)
Equity, Since 30 Sep 16 | 522275Specialty Industrial Machinery 4% ₹906 Cr 9,944,328
↓ -1,250,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANKBanks - Regional 4% ₹780 Cr 7,416,237 Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 500480Specialty Industrial Machinery 4% ₹757 Cr 2,763,190 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779Utilities - Independent Power Producers 3% ₹674 Cr 6,252,617 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹660 Cr 3,415,083 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBINBanks - Regional 3% ₹654 Cr 8,735,639 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTLTelecom Services 3% ₹625 Cr 5,563,576 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 3% ₹595 Cr 4,243,253 GAIL (India) Ltd (Utilities)
Equity, Since 30 Nov 21 | 532155Utilities - Regulated Gas 3% ₹587 Cr 32,193,555 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 3% ₹566 Cr 1,937,574
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 7.48 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 ₹368.908
↑ 0.24 25.44 % 60.97 % 27.24 % 21.03 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹74.7923
↑ 0.05 25.44 % 60.97 % 27.24 % 20.58 % Data as on 27 Sep 17