SBI Magnum Tax Gain Scheme (Equity, Equity Tax Saving)

144.51
17.32%
5
Capital Appreciation
Long Term Horizon
Moderately High
2.00%
24 yrs 9 months31 Mar 1993
₹ 6270.42 Cr12 Dec 2017

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Minimum Investment

  • ₹ 500.00 for Lumpsum

Exit Load

Investment Objective

The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.

Scheme Documents

TenureReturns (CAGR)
YTD
28.13
3 Month
3.63
1 YR
27.34
2 YR
16.23
3 YR
11.15
TenureReturns (CAGR)
1 YR
21.66
2 YR
19.42
3 YR
14.07
5 YR
16.94
10 YR
14.99

Portfolio

Company Name% Assets
ICICI Bank Ltd.7.01
Reliance Industries Ltd.4.5
Bharti Airtel Ltd.3.73
State Bank of India3.61
HDFC Bank Ltd.3.39
Mahindra & Mahindra Ltd.3.36
Larsen & Toubro Ltd.3.09
Infosys Ltd.3.03
GAIL (India) Ltd.2.32
ITC Ltd.2.3

Top Sectoral Holdings

Sector Name% Assets
Financial32.54
Energy10.12
Engineering9.22
Construction8.31
FMCG8.14
Automobile7.14
Communication6.93
Technology6.02
Chemicals3.31
Services3.29

Indicators

Portfolio turnover ratio77
Standard Deviation13.77%
Beta0.98%
Sharpe Ratio0.43

Dinesh Balachandran

Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
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