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SBI Magnum Tax Gain Scheme (G)

PLAN: Regular OPTIONS: Growth
136.544 2.46 (1.77%)

NAV as on 22 Sep, 2017

CRISIL MF RANK

Riskometer

MODERATELY HIGH

MODERATELY HIGH

  • Principal at moderately high risk.
FUND FAMILY : SBI Mutual Fund FUND CLASS : ELSS
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ranking by CRISIL

Below average performance in the category

The scheme is ranked 4 in ELSS category by Crisil (for quarter ended Jun 2017) 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 22 Sep, 2017)

Period Returns (%) Rank #
1 mth 1.3 62
3 mth 1.7 74
6 mth 10.5 78
1 year 10.7 82
2 year 11.5 88
3 year 9.7 63
5 year 16.6 29

# Moneycontrol Rank within 107 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 11.9 4.3 - - -
2016 -5.4 7.5 6.4 -8.3 1.5
2015 6.6 -0.7 -4.1 -0.6 3.0
2014 7.8 20.8 7.9 5.7 49.2
2013 -7.3 2.1 -2.3 13.1 6.2
2012 16.9 -1.1 8.8 3.6 34.1

View where it stands within its peers

* Returns over 1 year are Annualised

* Calculation Remark - Dividends are reinvested at the rate of return

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 1.3 1.7 10.5 10.7 11.5 9.7 16.6
Category avg 5.2 5.7 13.7 18.2 14.6 10.6 12.7
Difference of Fund returns and Category returns -3.9 -4.0 -3.2 -7.5 -3.1 -0.9 3.9
Best of category 6.9 11.3 22.7 31.1 27.5 21.3 25.6
Worst of category 1.0 0.3 3.2 6.1 7.5 6.3 9.7
Benchmark returns # 2.3 4.0 11.0 13.7 14.2 8.0 12.9
Difference of Fund returns and Benchmark returns -1.0 -2.3 -0.5 -3.0 -2.7 1.7 3.7
SBI Magnum Tax Gain Scheme (G) Review by Crisil - Rating: 2 (Rank 4 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) 5,306.31 (Jun-30-2017)
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 4
12,281.17 5.9 15.7 17.3 14.3 23.0
Axis Long Term Equity - Direct (G) Rank 4
818.20 6.2 16.3 18.7 15.6 --
Reliance Tax Saver(ELSS)-Direct (G) Rank 3
488.22 5.7 15.5 21.4 13.3 --
Reliance Tax Saver (ELSS) (G) Rank 3
7,676.44 5.4 15.0 20.2 12.3 22.1
HDFC Tax Saver (G) Rank 3
5,908.90 1.5 10.7 17.5 9.3 17.0
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Aug 31, 17)

Equity Sector Value
(Rs cr)
Asset %
ICICI Bank Banking/Finance 425.70 7.21
ITC Tobacco 299.88 5.08
Reliance Oil & Gas 299.77 5.08
SBI Banking/Finance 282.12 4.78
HDFC Bank Banking/Finance 237.76 4.03
HDFC Banking/Finance 226.55 3.84
M&M Automotive 201.72 3.42
Kotak Mahindra Banking/Finance 189.21 3.21
Larsen Engineering 180.84 3.06
UPL Chemicals 153.51 2.60

Full Portfolio

Sector Allocation (Aug 31, 17)

Sector %

1-Year

HighLow

Banking/Finance 33.30 0.00 0.00
Oil & Gas 9.35 0.00 0.00
Engineering 8.88 0.00 0.00
Automotive 7.57 0.00 0.00
Tobacco 5.08 0.00 0.00
Cement 4.37 0.00 0.00

View All Sectors

Asset Allocation (%)(Aug 31, 17)

Equity 98.20
Others 0.12
Debt 0.00
Mutual Funds N.A
Money Market 1.48
Cash / Call 0.20

View All

Concentration

Holdings (%)
Top 5 26.18
Top 10 42.31
Sector (%)
Top 3 51.53

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