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SBI Magnum Tax Gain Scheme (D) SET SMS ALERT

45.512
0.27 (0.59%)
NAV as on Oct-29-2014
NAV as on Oct-29-2014

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:
 
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Returns (NAV as on Oct-29-2014)

Period Returns (%) Rank #
1 mth 0.1 76
3 mth 6.1 68
6 mth 29.5 49
1 year 48.4 35
2 year 26.7 19
3 year 21.5 11
5 year 14.4 21

# Moneycontrol Rank within 88 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 0.1 6.1 29.5 48.4 26.7 21.5 14.4
Category avg 1.3 7.9 30.3 45.4 14.2 10.2 7.2
Difference of Fund returns and Category returns -1.2 -1.8 -0.8 3.0 12.5 11.3 7.2
Best of category 3.4 15.9 51.4 96.5 38.7 30.3 22.3
Worst of category -2.6 -0.7 5.0 11.1 10.2 7.2 3.8
Benchmark returns # 2.7 4.8 22.6 32.2 21.3 15.6 11.2
Difference of Fund returns and Benchmark returns -2.6 1.3 6.9 16.2 5.4 5.9 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) 4,777.58 (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 (%)
HDFC Tax Saver (G) Rank 4
4,525.59 8.6 34.0 58.3 20.8 16.5
SBI Magnum Tax Gain (G) Rank 3
4,777.58 6.1 29.5 48.4 21.5 14.4
Reliance Tax Saver (ELSS) (G) Rank 1
2,940.63 15.7 50.9 95.1 30.3 22.3
UTI Master Equity Plan (US) Not Ranked
1,573.80 5.9 24.9 36.0 16.4 13.1
Axis Long Term Equity Fund (G) Rank 1
2,020.07 10.0 37.2 64.8 28.0 --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Sep 30, 14)

Equity Sector Value
(Rs cr)
Asset %
TCS Technology 318.66 6.67
HDFC Bank Banking/Finance 303.85 6.36
ICICI Bank Banking/Finance 278.05 5.82
Tata Motors (D) Automotive 268.02 5.61
Va Tech Wabag Engineering 206.87 4.33
Lupin Pharmaceuticals 194.45 4.07
CESC Utilities 174.38 3.65
Larsen Engineering 169.60 3.55
HDFC Banking/Finance 163.39 3.42
Shree Cements Cement 162.92 3.41

Full Portfolio

Sector Allocation (Sep 30, 14)

Sector %

1-Year

HighLow

Banking/Finance 22.55 24.03 20.32
Technology 15.50 19.72 14.60
Engineering 14.38 15.44 9.98
Automotive 10.60 10.60 7.66
Pharmaceuticals 8.69 10.62 7.18
Oil & Gas 7.20 9.59 7.01

View All Sectors

Asset Allocation (%)(Sep 30, 14)

Equity 99.19
Others 0.71
Debt 0.00
Mutual Funds N.A
Money Market 0.76
Cash / Call -0.66

View All

Concentration

Holdings (%)
Top 5 28.79
Top 10 46.89
Sector (%)
Top 3 52.43

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