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 13.7% since its launch. Ranked 31 in ELSS category. Return for 2023 was 40% , 2022 was 6.9% and 2021 was 31% . NAV as on 2 Dec 24 ₹433.078 ↑ 2.42 (0.56 %) Net Assets (AUM) as on 31 Oct 2024 ₹27,559 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 12.52 Expense Ratio 1.72 % Sharpe Ratio 2.675 Information Ratio 2.02 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 2 Dec 24 Duration Returns 1 Month 0.4% 3 Month -3.3% 6 Month 9.8% 1 Year 38.8% 3 Year 24.8% 5 Year 24.7% 10 Year 15 Year Since launch 13.7% Historical Annual Returns
Year Returns 2023 40% 2022 6.9% 2021 31% 2020 18.9% 2019 4% 2018 -8.3% 2017 33% 2016 2.1% 2015 3.2% Growth of 10k Over Years
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,952 30 Nov 21 ₹15,245 30 Nov 22 ₹17,048 30 Nov 23 ₹21,607 30 Nov 24 ₹29,977 Asset Allocation
Asset Class Value Cash 9.12% Equity 90.88% Sector Allocation
Sector Value Financial Services 24.99% Industrials 10.28% Technology 9.4% Energy 8.5% Consumer Cyclical 8.47% Basic Materials 8% Health Care 7.34% Utility 5.17% Consumer Defensive 4.34% Communication Services 3.26% Real Estate 1.13% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | HDFCBANKBanks - Regional 7% ₹2,038 Cr 11,743,253
↑ 800,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 06 | RELIANCEOil & Gas Refining & Marketing 4% ₹1,076 Cr 8,075,148
↑ 1,016,182 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANKBanks - Regional 3% ₹958 Cr 7,416,237 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 17 | BHARTIARTLTelecom Services 3% ₹897 Cr 5,563,576 Torrent Power Ltd (Utilities)
Equity, Since 31 Jul 19 | 532779Utilities - Independent Power Producers 3% ₹895 Cr 4,910,813 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Oct 21 | TATASTEELSteel 3% ₹773 Cr 52,000,000
↑ 18,000,000 State Bank of India (Financial Services)
Equity, Since 31 May 06 | SBINBanks - Regional 3% ₹766 Cr 9,335,639 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITCTobacco 3% ₹705 Cr 14,414,825 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 16 | M&MAuto Manufacturers 2% ₹686 Cr 2,515,083
↓ -900,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | TATAMOTORSAuto Manufacturers 2% ₹666 Cr 7,989,722
Talk to our investment specialistFund Managers
Name Since Tenure Dinesh Balachandran 10 Sep 16 8.15 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 ₹433.078
↑ 2.42 9.76 % 38.85 % 24.82 % 24.72 % SBI Magnum Tax Gain Fund
Normal Dividend, Payout ₹87.8024
↑ 0.49 9.15 % 38.74 % 25.28 % 24.1 % 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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