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SBI Magnum Tax Gain Scheme (G)

PLAN: Regular OPTIONS: Growth
116.061 0.54 (0.47%)

NAV as on 30 Jul, 2015

CRISIL MF RANK

Scheme Risk Grade

  HIGH RISK

HIGH RISK

  • For investors looking at long term capital growth investments.
  • Ideal for people who wish to benefit from potentially higher returns and have the risk appetite for the same.
FUND FAMILY : SBI Mutual Fund FUND CLASS : ELSS
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ranking by CRISIL

Average performance in the category

The scheme is ranked 3 in ELSS category by Crisil (for quarter ended Mar 2015) rank unchanged from last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.

View Top ranked funds in this category

Close The scheme is open ended from Nov 1999.
Benchmark Index:
 
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Returns (NAV as on 30 Jul, 2015)

Period Returns (%) Rank #
1 mth 0.1 90
3 mth 4.1 42
6 mth 0.5 47
1 year 21.9 54
2 year 36.4 36
3 year 25.2 17
5 year 13.9 13

# Moneycontrol Rank within 95 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2015 6.6 -0.7 - - -
2014 7.8 20.8 7.9 5.7 -
2013 -7.3 2.1 -2.3 13.1 6.2
2012 16.9 -1.1 8.8 3.6 34.1
2011 -8.4 -3.3 -9.2 -6.9 -23.8
2010 -0.9 1.0 10.7 -1.6 11.9

View where it stands within its peers

* Returns over 1 year are Annualised

Performance

Fund returns v/s Category average (ELSS)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 0.1 4.1 0.5 21.9 36.4 25.2 13.9
Category avg 1.9 3.7 0.5 21.5 30.7 20.5 10.3
Difference of Fund returns and Category returns -1.8 0.4 0.0 0.4 5.7 4.7 3.6
Best of category 4.3 7.8 7.4 44.7 53.0 34.8 21.7
Worst of category -2.9 -2.6 -5.5 8.3 14.4 12.0 3.1
Benchmark returns # 1.0 2.7 -4.0 8.8 22.4 18.0 9.0
Difference of Fund returns and Benchmark returns -0.9 1.4 4.5 13.1 14.0 7.2 4.9
SBI Magnum Tax Gain Scheme (G) Review by Crisil - Rating: 3 (Rank 3 out of 5)
# Benchmark Index: S&P BSE 100

Investment Info

Investment Objective

The prime objective of this scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investments made in the scheme under Section 80 C of the Incometax Act, 1961. It also seeks to distribute income periodical ly depending on distributable surplus.

Scheme details

Fund Type Open-Ended
Investment Plan Growth
Launch date Mar 31, 1993
Benchmark S&P BSE 100
Asset Size (Rs cr) 4,788.51 (Jun-30-2015)
Minimum Investment Rs.500
Last Dividend N.A. View Dividend History
Bonus N.A.
Fund Manager Jayesh Shroff
View performance of schemes managed by the Fund Manager
Notes The scheme is open ended from Nov 1999.

Load Details

Entry Load N.A
Exit Load 0.00%
Load Comments N.A.

Contact Details

Regd. Office 191 Maker Towers E, Cuffe Parade, Mumbai, 400005
Tel. No. 91 22 22180221/ 27
Fax No. 91 22 22189663
Email partnerforlife@sbimf.com
Website http://www.sbimf.com

Peer Comparison

ELSS Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
Axis Long Term Equity Fund (G) Rank 1
4,996.45 3.3 2.7 31.1 34.6 21.7
Reliance Tax Saver (ELSS) (G) Rank 2
4,294.44 -2.6 -5.2 23.7 30.1 17.6
HDFC Tax Saver (G) Rank 5
4,794.98 0.6 -4.0 13.6 23.2 12.0
SBI Magnum Tax Gain (G) Rank 3
4,788.51 4.1 0.5 21.9 25.2 13.9
ICICI Pru Tax Plan (G) Rank 3
2,529.16 3.4 -0.6 18.6 26.5 15.0
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jun 30, 15)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 330.89 6.91
Shree Cements Cement 219.31 4.58
Larsen Engineering 207.34 4.33
ICICI Bank Banking/Finance 203.03 4.24
Tata Motors Automotive 203.03 4.24
HDFC Banking/Finance 201.12 4.20
Infosys Technology 191.06 3.99
Lupin Pharmaceuticals 175.26 3.66
Axis Bank Banking/Finance 173.34 3.62
SBI Banking/Finance 162.81 3.40

Full Portfolio

Sector Allocation (Jun 30, 15)

Sector %

1-Year

HighLow

Banking/Finance 25.55 27.55 21.32
Engineering 14.34 14.39 10.39
Technology 11.39 17.56 11.39
Pharmaceuticals 8.17 9.93 7.28
Automotive 8.11 10.79 8.11
Oil & Gas 6.67 7.77 4.08

View All Sectors

Asset Allocation (%)(Jun 30, 15)

Equity 95.47
Others 0.00
Debt 1.31
Mutual Funds 2.62
Money Market 0.00
Cash / Call 0.62

View All

Concentration

Holdings (%)
Top 5 24.30
Top 10 43.17
Sector (%)
Top 3 51.28

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