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SBI Magnum Tax Gain Scheme (D) SET SMS ALERT

44.200
0.29 (0.66%)
NAV as on Aug-21-2014
NAV as on Aug-21-2014

Fund Family SBI Mutual Fund

Fund Class ELSS

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:
 
View Historic Graph From     To     

Returns (NAV as on Aug-21-2014)

Period Returns (%) Rank #
1 mth 2.9 24
3 mth 14.9 23
6 mth 37.0 30
1 year 68.1 21
2 year 27.1 16
3 year 22.5 10
5 year 14.8 18

# Moneycontrol Rank within 88 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 -2.1 20.8 - - -
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 2.9 14.9 37.0 68.1 27.1 22.5 14.8
Category avg 2.2 11.9 34.2 57.3 14.0 10.2 7.0
Difference of Fund returns and Category returns 0.7 3.0 2.8 10.8 13.1 12.3 7.8
Best of category 5.4 18.7 61.6 105.3 35.8 27.5 20.9
Worst of category -1.6 5.7 9.3 31.8 12.8 8.7 3.9
Benchmark returns # 2.6 8.5 30.3 51.2 21.5 17.1 11.6
Difference of Fund returns and Benchmark returns 0.3 6.4 6.7 16.9 5.6 5.4 3.2
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) 4,327.68 (Jun-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 - Direct (G) Not Ranked
44.01 15.0 37.3 68.8 -- --
SBI Magnum Tax Gain (G) Rank 3
4,327.68 14.9 37.0 68.1 22.5 14.8
HDFC Tax Saver (G) Rank 3
4,036.36 11.4 46.8 78.4 20.2 17.6
HDFC Tax Saver - Direct (G) Not Ranked
74.77 11.5 47.2 79.5 -- --
Reliance Tax Saver(ELSS)-Direct (G) Not Ranked
25.60 15.6 61.6 105.3 -- --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Jul 31, 14)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 333.46 7.04
TCS Technology 309.28 6.52
ICICI Bank Banking/Finance 294.60 6.22
Tata Motors Automotive 235.36 4.97
Reliance Oil & Gas 191.14 4.03
Larsen Engineering 186.51 3.93
Va Tech Wabag Engineering 182.69 3.85
HDFC Banking/Finance 170.78 3.60
Lupin Pharmaceuticals 170.22 3.59
SBI Banking/Finance 156.14 3.29

Full Portfolio

Sector Allocation (Jul 31, 14)

Sector %

1-Year

HighLow

Banking/Finance 23.68 24.03 19.49
Technology 15.24 19.72 14.60
Engineering 15.08 15.44 8.89
Automotive 9.44 9.48 6.76
Oil & Gas 8.48 9.70 7.01
Pharmaceuticals 8.22 10.62 7.18

View All Sectors

Asset Allocation (%)(Jul 31, 14)

Equity 98.26
Others 0.00
Debt 0.00
Mutual Funds N.A
Money Market 1.38
Cash / Call 0.36

View All

Concentration

Holdings (%)
Top 5 28.78
Top 10 47.04
Sector (%)
Top 3 54.00

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