SENSEX NIFTY
You are here : Moneycontrol > Mutual Funds > ELSS > SBI Mutual Fund > SBI Magnum Tax Gain Scheme (G)

SBI Magnum Tax Gain Scheme (G) SET SMS ALERT

101.306
0.15 (0.15%)
NAV as on Oct-01-2014
NAV as on Oct-01-2014

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 Oct-01-2014)

Period Returns (%) Rank #
1 mth 0.2 49
3 mth 6.0 35
6 mth 29.9 27
1 year 56.8 29
2 year 25.2 17
3 year 23.6 12
5 year 13.6 20

# Moneycontrol Rank within 88 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 7.8 20.8 - - -
2013 -7.3 2.1 -2.3 13.1 6.2
2012 16.9 -1.1 8.8 3.6 34.1
2011 -8.4 -3.3 -9.2 -6.9 -23.8
2010 -0.9 1.0 10.7 -1.6 11.9
2009 -3.8 45.6 16.8 -0.2 82.6

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 0.2 6.0 29.9 56.8 25.2 23.6 13.6
Category avg 0.4 5.4 27.9 51.0 12.9 11.1 6.7
Difference of Fund returns and Category returns -0.2 0.6 2.0 5.8 12.3 12.5 6.9
Best of category 7.0 14.7 46.5 100.2 35.3 30.3 21.0
Worst of category -6.8 -4.7 2.2 11.7 6.9 9.5 3.4
Benchmark returns # -1.5 2.9 19.0 38.7 18.2 17.7 9.0
Difference of Fund returns and Benchmark returns 1.7 3.1 10.9 18.1 7.0 5.9 4.6
SBI Magnum Tax Gain Scheme (G) 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 Growth
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 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 (%)
SBI Magnum Tax Gain - Direct (G) Not Ranked
44.01 6.1 30.2 57.5 -- --
SBI Magnum Tax Gain (G) Rank 3
4,327.68 6.0 29.9 56.8 23.6 13.6
HDFC Tax Saver - Direct (G) Not Ranked
74.77 1.3 31.8 65.8 -- --
HDFC Tax Saver (G) Rank 3
4,036.36 1.1 31.5 64.8 21.6 15.4
Reliance Tax Saver(ELSS)-Direct (G) Not Ranked
25.60 6.9 46.5 100.2 -- --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Aug 28, 14)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 337.18 6.89
ICICI Bank Banking/Finance 311.31 6.36
TCS Technology 302.95 6.18
Tata Motors Automotive 302.16 6.17
Lupin Pharmaceuticals 185.33 3.78
Larsen Engineering 183.23 3.74
Va Tech Wabag Engineering 178.56 3.64
HDFC Banking/Finance 171.82 3.51
CESC Utilities 166.82 3.40
Reliance Oil & Gas 159.88 3.26

Full Portfolio

Sector Allocation (Aug 28, 14)

Sector %

1-Year

HighLow

Banking/Finance 23.62 24.03 20.32
Technology 14.82 19.72 14.60
Engineering 14.06 15.44 9.98
Automotive 11.41 9.48 7.66
Pharmaceuticals 8.59 10.62 7.18
Oil & Gas 8.22 9.59 7.01

View All Sectors

Asset Allocation (%)(Aug 28, 14)

Equity 99.76
Others 0.00
Debt 0.50
Mutual Funds N.A
Money Market 0.11
Cash / Call -0.37

View All

Concentration

Holdings (%)
Top 5 29.38
Top 10 46.93
Sector (%)
Top 3 52.50

News & Videos

Messages & Community

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.