SBI Magnum Tax Gain Scheme (D)
NAV as on 22 Jun, 2017
CRISIL MF RANK
|
|
SNAPSHOT
Performance
Investment Info
Peers
Portfolio
News and Videos
Not Ranked
This scheme is not ranked by CRISIL (for quarter ended Mar 2017) since it does not fulfill certain eligibility criteria of CRISIL
Returns (NAV as on 22 Jun, 2017)
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | 3.5 | 46 |
| 3 mth | 8.7 | 67 |
| 6 mth | 22.0 | 76 |
| 1 year | 20.9 | 83 |
| 2 year | 8.3 | 87 |
| 3 year | 13.7 | 60 |
| 5 year | 18.6 | 25 |
# Moneycontrol Rank within 107 ELSS Schemes.
Absolute Returns (in %)
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2017 | 2.0 | - | - | - | - |
| 2016 | -14.7 | 7.5 | 6.4 | -8.3 | -8.5 |
| 2015 | -5.0 | -0.7 | -4.1 | -0.6 | -8.2 |
| 2014 | -2.1 | 20.8 | 7.9 | 5.7 | 35.4 |
| 2013 | -16.8 | 2.1 | -2.3 | 13.1 | -4.6 |
| 2012 | 5.2 | -1.1 | 8.8 | 4.0 | 34.0 |
* Returns over 1 year are Annualised
* Calculation Remark - Dividends are reinvested at the rate of return
Performance
Fund returns v/s Category average (ELSS)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | 3.5 | 8.7 | 22.0 | 20.9 | 8.3 | 13.7 | 18.6 |
| Category avg | 3.3 | 8.7 | 22.1 | 23.1 | 10.8 | 12.4 | 13.3 |
| Difference of Fund returns and Category returns | 0.2 | 0.0 | -0.1 | -2.2 | -2.5 | 1.3 | 5.3 |
| Best of category | 8.5 | 13.3 | 32.8 | 44.0 | 23.0 | 26.3 | 27.4 |
| Worst of category | -1.0 | 1.5 | 14.0 | 16.0 | 3.5 | 6.8 | 8.7 |
| Benchmark returns # | 2.0 | 6.7 | 21.5 | 19.7 | 8.5 | 9.4 | 14.1 |
| Difference of Fund returns and Benchmark returns | 1.5 | 2.0 | 0.5 | 1.2 | -0.2 | 4.3 | 4.5 |
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 | Dividend |
| Launch date | Mar 31, 1993 |
| Benchmark | S&P BSE 100 |
| Asset Size (Rs cr) | 4,920.52 (Mar-31-2017) |
| Minimum Investment | Rs.500 |
| Last Dividend | Rs.4.00 (Mar-17-2017) 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 |
| 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 | 9.2 | 24.5 | 19.7 | 18.5 | 24.4 |
| Axis Long Term Equity - Direct (G) | Rank 4 |
660.07 | 9.5 | 25.2 | 21.1 | 19.9 | -- |
| Reliance Tax Saver(ELSS)-Direct (G) | Rank 3 |
379.90 | 9.3 | 24.6 | 29.4 | 17.7 | -- |
| Reliance Tax Saver (ELSS) (G) | Rank 3 |
6,327.36 | 9.0 | 24.0 | 28.3 | 16.8 | 22.9 |
| HDFC Tax Saver (G) | Not Ranked |
5,359.88 | 9.1 | 23.9 | 30.1 | 12.5 | 18.3 |
| * Returns over 1 year are Annualised | More » | ||||||
Portfolio
Top Holdings (May 31, 17)
| Equity | Sector | Value (Rs cr) |
Asset % |
|---|---|---|---|
| ICICI Bank | Banking/Finance | 423.88 | 7.53 |
| SBI | Banking/Finance | 310.13 | 5.51 |
| ITC | Tobacco | 283.74 | 5.04 |
| Larsen | Engineering | 255.48 | 4.54 |
| Reliance | Oil & Gas | 252.05 | 4.48 |
| HDFC Bank | Banking/Finance | 218.99 | 3.89 |
| M&M | Automotive | 212.54 | 3.78 |
| Kotak Mahindra | Banking/Finance | 181.13 | 3.22 |
| Tata Motors (D) | Automotive | 163.52 | 2.91 |
| M&M Financial | Banking/Finance | 161.08 | 2.86 |
Sector Allocation (May 31, 17)
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Banking/Finance | 32.79 | 0.00 | 0.00 |
| Engineering | 11.62 | 0.00 | 0.00 |
| Automotive | 9.97 | 0.00 | 0.00 |
| Oil & Gas | 5.80 | 0.00 | 0.00 |
| Tobacco | 5.04 | 0.00 | 0.00 |
| Pharmaceuticals | 4.99 | 0.00 | 0.00 |
Asset Allocation (%)(May 31, 17)
| Equity | 97.81 |
| Others | 0.72 |
| Debt | 0.00 |
| Mutual Funds | N.A |
| Money Market | 1.73 |
| Cash / Call | -0.26 |
Concentration
| Holdings | (%) |
|---|---|
| Top 5 | 27.10 |
| Top 10 | 43.76 |
| Sector | (%) |
|---|---|
| Top 3 | 54.38 |
News & Videos
News
India can be an oasis of hope among emerging markets: SBI MF
Navneet Munot, CIO, SBI Mutual Fund says it's yet early days but India could be an ‘oasis of hope ...
Jun 27, 2016 at 11:50 | Source: CNBC-TV18
-
SBI Magnum Taxgain Scheme announces dividend
SBI Magnum Taxgain Scheme announces dividend, the record date for declaration of dividend is March 1 ...
Mar 07, 2016 at 16:56 | Source: Moneycontrol.com
-
Bull market correction on; time to invest for long-term: Pros
Long-term investors should be looking at opportunities rather than being worried about what is happe ...
Jan 16, 2016 at 15:28 | Source: CNBC-TV18
Messages & Community
Quick Links
