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 11.9% since its launch. Ranked 31 in ELSS
category. Return for 2022 was 6.9% , 2021 was 31% and 2020 was 18.9% . NAV as on 22 Aug 23 ₹282.504 ↑ 1.48 (0.53 %) Net Assets (AUM) as on 31 Jul 2023 ₹15,374 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 9.77 Expense Ratio 1.79 % Sharpe Ratio 1.645 Information Ratio 0.48 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 22 Aug 23 Duration Returns 1 Month 1.5% 3 Month 13.4% 6 Month 20.7% 1 Year 25.3% 3 Year 25.1% 5 Year 14.2% 10 Year 15 Year Since launch 11.9% Historical Annual Returns
Year Returns 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% 2014 49.1% Growth of 10k Over Years
Date Value 30 Sep 18 ₹10,000 30 Sep 19 ₹10,180 30 Sep 20 ₹10,464 30 Sep 21 ₹16,311 30 Sep 22 ₹16,576 30 Sep 23 ₹21,835 Asset Allocation
Asset Class Value Cash 4.32% Equity 95.68% Sector Allocation
Sector Value Financial Services 25.93% Industrials 14.7% Health Care 9.35% Consumer Cyclical 8.64% Energy 8.31% Basic Materials 8.1% Technology 8.03% Utility 5.01% Consumer Defensive 3.14% Communication Services 3.06% Real Estate 1.42% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANKBanks - Regional 5% ₹711 Cr 7,416,237 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 07 | LTEngineering & Construction 4% ₹667 Cr 2,468,968 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 4% ₹667 Cr 4,243,253 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹538 Cr 3,415,083 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTLTelecom Services 3% ₹476 Cr 5,563,576 Cummins India Ltd (Industrials)
Equity, Since 28 Feb 19 | 500480Specialty Industrial Machinery 3% ₹472 Cr 2,763,190
↓ -94,007 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 3% ₹466 Cr 1,937,574 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 11 | 532215Banks - Regional 3% ₹437 Cr 4,492,332 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBINBanks - Regional 3% ₹431 Cr 7,685,639 Cipla Ltd Shs Dematerialised (Healthcare)
Equity, Since 31 Jul 18 | 500087Drug Manufacturers - General 3% ₹428 Cr 3,403,528
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 6.98 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 ₹282.504
↑ 1.48 20.7 % 25.27 % 25.13 % 14.21 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹57.2748
↑ 0.30 20.71 % 25.27 % 25.13 % 13.57 % Data as on 27 Sep 17