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

Moderately High
24 yrs 12 monthsStarted on:31 Mar 1993
₹ 6662.62 Cras on: 21 Feb 2018
Long Term Horizon
1.99%
Capital Appreciation

Minimum Investment

  • ₹ 500.00 for Lumpsum

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.

Exit Load

Scheme Documents

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Tenure

TenureReturns (CAGR)
1 YR16.40
2 YR20.80
3 YR7.10

SIP Returns

TenureReturns (CAGR)
1 YR7.86
2 YR14.28
3 YR11.7
5 YR15.07
10 YR14.46

Portfolio

Company Name% Assets
ICICI Bank Ltd.7.57
Reliance Industries Ltd.5.44
HDFC Bank Ltd.5.16
Mahindra & Mahindra Ltd.3.44
Larsen & Toubro Ltd.3.38
State Bank of India3.32
ITC Ltd.3.27
Bharti Airtel Ltd.3.11
GAIL (India) Ltd.2.23
United Breweries Ltd.2.16

Top Sectoral Holdings

Sector Name% Assets
Financial31.88
Energy12.05
FMCG10.7
Construction8.91
Engineering8.25
Automobile6.86
Communication6.01
Chemicals3.61
Services3.55
Technology3.37

Indicators

LabelValue
Portfolio turnover ratio72
Standard Deviation13.23%
Beta0.96%
Sharpe Ratio0.52

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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