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SBI Magnum Tax Gain Scheme (D)

PLAN: Regular OPTIONS: Dividend
48.578 0.3 (0.62%)

NAV as on 24 Nov, 2014

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 2014) 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 24 Nov, 2014)

Period Returns (%) Rank #
1 mth 7.8 35
3 mth 9.4 76
6 mth 24.1 34
1 year 59.6 33
2 year 30.3 16
3 year 28.0 15
5 year 14.2 19

# Moneycontrol Rank within 90 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 -2.1 20.8 7.9 - -
2013 -16.8 2.1 -2.3 13.1 -4.6
2012 5.2 -1.1 8.8 4.0 34.0
2011 -17.9 -3.3 -9.2 -6.9 -31.8
2010 -10.2 1.0 10.7 -1.6 1.4
2009 -3.8 34.7 16.8 -0.2 68.9

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 7.8 9.4 24.1 59.6 30.3 28.0 14.2
Category avg 7.2 11.2 23.4 53.5 15.3 13.4 6.9
Difference of Fund returns and Category returns 0.6 -1.8 0.7 6.1 15.0 14.6 7.3
Best of category 10.3 19.7 41.5 101.4 40.8 37.4 23.2
Worst of category 2.1 4.4 13.1 20.8 12.8 14.3 3.8
Benchmark returns # 6.6 7.6 14.9 40.4 23.1 21.7 10.5
Difference of Fund returns and Benchmark returns 1.2 1.8 9.2 19.2 7.2 6.3 3.7
SBI Magnum Tax Gain Scheme (D) 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 Dividend
Launch date Mar 31, 1993
Benchmark S&P BSE 100
Asset Size (Rs cr) 4,777.58 (Sep-30-2014)
Minimum Investment Rs.500
Last Dividend Rs.3.50 (Mar-28-2014) 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 (%)
SBI Magnum Tax Gain (G) Rank 3
4,777.58 9.4 24.1 59.6 28.0 14.2
SBI Magnum Tax Gain - Direct (G) Not Ranked
55.91 9.6 24.4 60.4 -- --
HDFC Tax Saver (G) Rank 4
4,525.59 10.5 20.3 65.3 26.7 16.0
HDFC Tax Saver - Direct (G) Not Ranked
95.72 10.6 20.6 66.2 -- --
Reliance Tax Saver (ELSS) (G) Rank 1
2,940.63 17.4 34.4 99.9 37.4 21.8
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Oct 31, 14)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 328.39 6.53
ICICI Bank Banking/Finance 325.09 6.46
TCS Technology 312.55 6.20
Tata Motors Automotive 267.68 5.31
Va Tech Wabag Engineering 203.06 4.03
Larsen Engineering 198.58 3.94
Lupin Pharmaceuticals 197.15 3.91
Shree Cements Cement 182.09 3.61
HDFC Banking/Finance 176.95 3.51
SBI Banking/Finance 172.91 3.43

Full Portfolio

Sector Allocation (Oct 31, 14)

Sector %

1-Year

HighLow

Banking/Finance 24.06 24.06 20.32
Technology 14.45 19.72 14.45
Engineering 14.39 15.44 10.23
Automotive 10.28 10.60 7.66
Pharmaceuticals 8.44 10.62 7.18
Oil & Gas 7.77 9.59 7.01

View All Sectors

Asset Allocation (%)(Oct 31, 14)

Equity 99.31
Others 0.00
Debt 0.00
Mutual Funds N.A
Money Market 1.04
Cash / Call -0.35

View All

Concentration

Holdings (%)
Top 5 28.53
Top 10 46.93
Sector (%)
Top 3 52.90

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