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Fincash » Mutual Funds » SBI Magnum Tax Gain Fund

SBI Magnum Tax Gain Fund - G

NAV  ₹143.902 ↓ 0.32   (0.22 %) as on 20 Nov 19

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 9.7% since its launch.  Ranked 31 in ELSS category.  Return for 2018 was -8.3% , 2017 was 33% and 2016 was 2.1% .

Below is the key information for SBI Magnum Tax Gain Fund

NAV as on 20 Nov 19₹143.902 ↓ 0.32   (0.22 %)
Net Assets (AUM) as on 31 Oct 2019 ₹7,358 Cr.
Launch Date7 May 2007
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio-2.93
Expense Ratio2.22 %
Sharpe Ratio0.458
Information Ratio-1.48
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 20 Nov 19

DurationReturns
1 Month 2.7%
3 Month 7.9%
6 Month 4.2%
1 Year 5.1%
3 Year 8.4%
5 Year 6%
10 Year
15 Year
Since launch 9.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -8.3%
2017 33%
2016 2.1%
2015 3.2%
2014 49.1%
2013 7%
2012 34.3%
2011 -23.5%
2010 13%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,724
31 Oct 16₹11,594
31 Oct 17₹13,805
31 Oct 18₹12,629
31 Oct 19₹13,738
SBI Magnum Tax Gain Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.13%
Equity97%
SBI Magnum Tax Gain Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services38.6%
Industrials13.05%
Basic Materials8.69%
Consumer Defensive7.9%
Technology7.74%
Energy5.97%
Health Care5.11%
Consumer Cyclical3.85%
Utility3.32%
Communication Services2.78%
SBI Magnum Tax Gain Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANK
Banks - Regional - Asia7%₹495 Cr4,031,730
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK
Banks - Regional - Asia6%₹446 Cr10,282,843
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215
Banks - Regional - Asia5%₹374 Cr5,454,199
↑ 1,590,000
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 16 | ICICIPRULI
Insurance - Life5%₹357 Cr7,703,525
↓ -1,350,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCE
Oil & Gas Refining & Marketing5%₹328 Cr2,465,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFC
Specialty Finance5%₹328 Cr1,657,436
↑ 650,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LT
Engineering & Construction4%₹308 Cr2,091,500
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco3%₹241 Cr9,255,864
Infosys Ltd (Technology)
Equity, Since 31 Mar 18 | INFY
Information Technology Services3%₹226 Cr2,800,000
Treps
CBLO/Reverse Repo | -
3%₹220 Cr
1 - 10 of 69
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Fund Managers

NameSinceTenure
Dinesh Balachandran10 Sep 162.64 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 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
₹143.902
↑ 0.32
4.22 %5.06 %8.35 %6.04 %
SBI Magnum Tax Gain Fund
Normal Dividend, Payout
₹39.4593
↑ 0.10
4.22 %4.07 %8.01 %5.84 %
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.