Table of Contents To deliver the benefit of investment in a portfolio of equity shares, while offering
deduction on such investment made in the scheme under section 80C of the
Income-tax Act, 1961. It also seeks to distribute income periodically depending
on distributable surplus. Investments in this scheme would be subject to a
statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits. SBI Magnum Tax Gain Fund is a Equity - ELSS fund launched on 7 May 07. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Tax Gain Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis SBI Magnum Tax Gain Fund - G
Scheme Objective
CAGR return of 12.5% since its launch. Ranked 31 in ELSS category. Return for 2024 was 27.7% , 2023 was 40% and 2022 was 6.9% . NAV as on 6 Jan 25 ₹422.985 ↓ -6.32 (-1.47 %) Net Assets (AUM) as on 30 Nov 2024 ₹27,847 Cr. Launch Date 7 May 2007 Category Equity - ELSS Rating ☆☆ Type Open Ended Fund Risk Moderately High AMC SBI Funds Management Private Limited Alpha Ratio 10.42 Expense Ratio 1.72 % Sharpe Ratio 2.148 Information Ratio 2.04 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Jan 25 Duration Returns 1 Month -4% 3 Month -4.9% 6 Month -2% 1 Year 24.7% 3 Year 23.2% 5 Year 24.4% 10 Year 15 Year Since launch 12.5% Historical Annual Returns
Year Returns 2023 27.7% 2022 40% 2021 6.9% 2020 31% 2019 18.9% 2018 4% 2017 -8.3% 2016 33% 2015 2.1% Growth of 10k Over Years
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,887 31 Dec 21 ₹15,576 31 Dec 22 ₹16,655 31 Dec 23 ₹23,318 31 Dec 24 ₹29,787 Asset Allocation
Asset Class Value Cash 9.82% Equity 90.18% Sector Allocation
Sector Value Financial Services 24.98% Technology 10% Industrials 9.89% Consumer Cyclical 8.39% Energy 8.14% Basic Materials 7.78% Health Care 7.22% Utility 4.56% Consumer Defensive 4.22% Communication Services 3.25% Real Estate 1.12% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 8% ₹2,109 Cr 11,743,253 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 4% ₹1,043 Cr 8,075,148 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANKBanks - Regional 3% ₹964 Cr 7,416,237 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTLTelecom Services 3% ₹905 Cr 5,563,576 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBINBanks - Regional 3% ₹783 Cr 9,335,639 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEELSteel 3% ₹752 Cr 52,000,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 3% ₹746 Cr 2,515,083 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | TORNTPOWERUtilities - Independent Power Producers 3% ₹742 Cr 4,910,813 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITCTobacco 2% ₹687 Cr 14,414,825 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 24 | TCSInformation Technology Services 2% ₹641 Cr 1,500,000
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 8.32 Yr. Custodians
Company Address Bank of Nova Scotia 12/13, Maker Chamber VI,220, Nariman Point HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), SBI-SG Global Securities Services Private Limited “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address SBI Mutual Fund 191"E", Maker Tower,Cuffe Parade Auditors
Company Address M/s. M. M. Nissim & Co. 3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year SBI Magnum Tax Gain Fund
Growth ₹422.985
↓ -6.32 -2 % 24.67 % 23.23 % 24.35 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹85.756
↓ -1.28 -2 % 24.67 % 23.23 % 23.89 % Data as on 27 Sep 17
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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