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SBI Magnum Tax Gain Scheme - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : SBI Mutual Fund
  • NAV
    : ₹ 149.3779 0.91%
    (as on 26th June, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 96.12% investment in indian stocks of which 67.43% is in large cap stocks, 16.44% is in mid cap stocks, 12.25% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

This Scheme
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  • Benchmark
    S&P BSE 500
  • NA
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Returns (NAV as on 25th June, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 18-Jun-19 10113.80 1.14% - 0.75% 19/64
1 Month 24-May-19 9809.80 -1.90% - -1.07% 47/64
3 Month 25-Mar-19 10160.40 1.60% - 2.60% 47/64
6 Month 24-Dec-18 10561.40 5.61% - 6.08% 38/63
YTD 01-Jan-19 10351.60 3.52% - -0.26% 50/64
1 Year 25-Jun-18 10478.20 4.78% 4.78% 2.18% 25/60
2 Year 23-Jun-17 10853.30 8.53% 4.17% 5.79% 37/51
3 Year 24-Jun-16 13234.40 32.34% 9.78% 12.93% 41/45
5 Year 25-Jun-14 16027.90 60.28% 9.89% 12.27% 27/33
Since Inception 02-Jan-13 21811.70 118.12% 12.79% 10.52% 31/56

SIP Returns (NAV as on 25th June, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 25-Jun-18 12000 12422.02 3.52 % 6.58 %
2 Year 23-Jun-17 24000 24637.82 2.66 % 2.54 %
3 Year 24-Jun-16 36000 39205.73 8.9 % 5.62 %
5 Year 25-Jun-14 60000 72196.4 20.33 % 7.34 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st May,2019)

Portfolio Turnover Ratio : 62.00%  |   Category average turnover ratio is 103.93%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 96.12% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.12%
No of Stocks : 65 (Category Avg - 44.48) | Large Cap Investments : 67.43%| Mid Cap Investments : 16.44% | Small Cap Investments : 12.25% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 4356.8 6.08% 0.12% 5.51% (Feb 2019) 5.51% (Feb 2019) 1.03 Cr 0.00
ICICI Prudential Life Insurance Co Ltd. Insurance 3510.5 4.90% 0.14% 1.12% (Jan 2019) 1.12% (Jan 2019) 90.54 L 0.00
HDFC Bank Ltd. Banks 3458.2 4.82% 0.12% 3.85% (Oct 2018) 3.85% (Oct 2018) 14.26 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 3257.6 4.54% 1.49% 3.05% (Apr 2019) 3.05% (Apr 2019) 20.92 L 5.00 L
Housing Development Finance Corporation Ltd. Housing finance 3181.1 4.44% 1.83% 1.35% (Jun 2018) 1.35% (Jun 2018) 14.57 L 5.38 L
State Bank Of India Banks 2841.2 3.96% 0.40% 3.01% (Jun 2018) 3.01% (Jun 2018) 80.60 L 0.00
Infosys Ltd. Computers - software 2729.7 3.81% -0.68% 3.81% (May 2019) 3.81% (May 2019) 37.00 L -5.00 L
Axis Bank Ltd. Banks 2719.3 3.79% 0.12% 2.14% (Jun 2018) 2.14% (Jun 2018) 33.64 L 0.00
ITC Limited Cigarettes 2578.2 3.60% -0.86% 3.6% (May 2019) 3.6% (May 2019) 92.56 L -0.12 Cr
Reliance Industries Ltd. Refineries/marketing 2321.1 3.24% -1.11% 3.24% (May 2019) 3.24% (May 2019) 17.45 L -4.50 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 4.33%
Net Receivables Net Receivables -0.45%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

    No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Tax Saver Scheme - Direct Plan - Growth 4 934.61 1.23 6.07 12.46 13.46 16.03
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2111.58 1.30 4.43 10.73 13.38 21.43
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 982.77 -0.04 3.99 10.82 12.71 15.60
Tata India Tax Savings Fund - Direct Plan - Growth NA 1873.40 1.32 5.20 13.31 12.28 15.84
DSP Tax Saver Fund - Direct Plan - Growth 3 5642.77 -0.20 3.09 10.90 10.45 14.82
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6424.90 0.44 3.66 9.06 9.56 13.34
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 227.18 1.44 4.27 6.02 8.21 14.35
JM Tax Gain Fund - (Direct) - Growth 3 32.67 1.27 4.77 10.89 7.93 17.05
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 2 476.90 1.46 5.79 10.41 7.88 11.39
HDFC Tax Saver Fund - Direct Plan - Growth 3 7544.77 0.61 2.14 8.78 7.85 13.46

More Funds from SBI Mutual Fund

Out of 116 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 4 is/are ranked 4 * , 12 is/are ranked 3 * , 7 is/are ranked 2 * , 1 is/are ranked 1 * , and 91 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
SBI Liquid Fund - Direct Plan - Growth 2 51592.64 0.57 1.82 3.62 7.47 7.07
SBI Equity Hybrid Fund - Direct Plan - Growth 3 30028.10 0.11 4.33 8.95 10.58 13.05
SBI Blue Chip Fund - Direct Plan - Growth 2 22754.13 0.27 5.27 10.51 7.54 12.31
SBI Savings Fund - Direct Plan - Growth 2 9585.85 0.65 2.05 4.15 8.40 7.86
SBI Magnum Ultra Short Duration Fund - Direct Plan - Growth 4 8690.47 0.64 1.99 4.13 8.41 7.50
SBI Magnum MultiCap Fund - Direct Plan - Growth 3 7582.94 0.29 5.05 10.89 8.66 14.48
SBI Magnum Low Duration Fund - Direct Plan - Growth 4 7565.64 0.65 2.02 4.19 8.32 7.55
SBI Magnum Tax Gain Scheme - Direct Plan - Growth 3 7171.41 -1.01 1.75 6.06 5.94 10.10
SBI Short Term Debt Fund - Direct Plan - Growth 4 7073.04 0.86 2.18 4.66 8.92 7.87
SBI Credit Risk Fund - Direct Plan - Growth 3 5396.93 0.89 0.85 3.19 7.70 8.01

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