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SBI Magnum Tax Gain Scheme - Direct Plan (G)

PLAN: Direct OPTIONS: Growth
142.016 0.49 (0.34%)

NAV as on 27 Jul, 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 Mar 2017) . If you are already invested in this scheme, you may consider switching to a better performing scheme.

View Top ranked funds in this category

Benchmark Index:
 
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Returns (NAV as on 27 Jul, 2017)

Period Returns (%) Rank #
1 mth 4.9 56
3 mth 7.4 28
6 mth 16.8 61
1 year 18.1 73
2 year 10.5 73
3 year 13.7 58
5 year - -

# Moneycontrol Rank within 107 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 12.1 4.5 - - -
2016 -5.2 7.6 6.6 -8.2 2.2
2015 6.8 -0.5 -4.0 -0.5 3.6
2014 7.9 21.0 8.0 5.8 49.8
2013 -7.7 2.2 -2.2 13.2 6.2

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 4.9 7.4 16.8 18.1 10.5 13.7 --
Category avg 5.1 6.0 16.0 19.3 11.4 12.2 13.8
Difference of Fund returns and Category returns -0.2 1.4 0.8 -1.2 -0.9 1.5 --
Best of category 9.0 11.4 24.0 37.4 23.1 24.6 28.2
Worst of category 2.7 -0.7 8.6 11.9 4.8 7.1 10.5
Benchmark returns # 5.6 7.0 16.3 17.5 10.6 9.9 15.3
Difference of Fund returns and Benchmark returns -0.7 0.4 0.5 0.6 -0.1 3.8 --
SBI Magnum Tax Gain Scheme - Direct Plan (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 scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

Scheme details

Fund Type Open-Ended
Investment Plan Growth
Launch date Jan 01, 2013
Benchmark S&P BSE 100
Asset Size (Rs cr) 196.00 (Mar-31-2017)
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 N.A

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
10,675.84 7.3 19.1 16.4 16.8 24.9
Reliance Tax Saver (ELSS) (G) Rank 3
6,327.36 7.7 18.6 25.7 17.0 23.9
HDFC Tax Saver (G) Rank 3
5,359.88 5.9 15.8 25.8 12.9 19.5
SBI Magnum Tax Gain (G) Rank 4
4,920.52 7.2 16.4 17.3 13.1 19.0
ICICI Pru Long Term Equity (Tax Svng)-G Rank 3
3,653.89 1.6 10.0 12.8 12.3 19.7
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jun 30, 17)

Equity Sector Value
(Rs cr)
Asset %
ICICI Bank Banking/Finance 16.84 7.32
ICICI Bank Banking/Finance 16.84 7.32
ICICI Bank Banking/Finance 16.84 7.32
ITC Tobacco 14.33 6.23
ITC Tobacco 14.33 6.23
ITC Tobacco 14.33 6.23
SBI Banking/Finance 12.97 5.64
SBI Banking/Finance 12.97 5.64
SBI Banking/Finance 12.97 5.64
Reliance Oil & Gas 10.54 4.58

Full Portfolio

Sector Allocation (Jun 30, 17)

Sector %

1-Year

HighLow

Banking/Finance 98.37 0.00 0.00
Engineering 33.63 0.00 0.00
Automotive 26.64 0.00 0.00
Oil & Gas 19.92 0.00 0.00
Tobacco 18.69 0.00 0.00
Pharmaceuticals 15.84 0.00 0.00

View All Sectors

Asset Allocation (%)(Jun 30, 17)

Equity 99.50
Others 0.38
Debt 0.00
Mutual Funds N.A
Money Market 1.43
Cash / Call -1.31

View All

Concentration

Holdings (%)
Top 5 34.42
Top 10 62.15
Sector (%)
Top 3 158.64

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