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SBI Mutual Fund

SBI Magnum Taxgain Direct Plan-Dividend

NAV
returns change indicator
48.7253
as on 18 Oct 2019, 09:25 PM
0.5201(1.08%)
Last Change
loaderloader
lockThis fund has a lock-in period of 3 years.

Scheme Ratings

2
starstarstarstarstar
rated by Morningstar
2
starstarstarstarstar
rated by Value Research

Start SIP in this Mutual Fund

Min SIP Amount
500
Suggested Date
19th of Every Month
Invest via SIP

Investment Performance

would have given a return of
110,871
star
121,647
star
113,887
star
116,173
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
16,172
Profit (absolute return)
16.17%
in the last
1m
3m
1y
3y
5y
max
+1% Higher Returns
With Direct Plans on Paytm Money

Investment Returns

In the last 3 months
0.53%
In the last 6 months
3.86%
In the last 1 year
7.24%
In the last 3 years
16.17%
In the last 5 years
47.08%
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

low
low
moderately low
moderately low
moderate
moderate
moderately high
moderately high
high
high
indicator
Investors understand that their principal will be at moderately high risk

Scheme Information

SBI Magnum Taxgain Direct Plan-Dividend
SBI Magnum Taxgain Direct Plan-Dividend
as of 18 Oct 2019, 09:25 PM
7,019.69 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
No charges on withdrawal
1.33%
Expense Ratio
Plan
Dividend
2.99%
Cash Holding
Benchmark
S&P BSE 500 Total Return Index
Scheme Document
Benchmark
S&P BSE 500 Total Return Index
Exit Load
No charges on withdrawal
Scheme Document

Sectors Holding in this Mutual Fund

as on 30 Sep 2019
Sort By
Financial
38.60%
2,709.60 Cr
Construction
10.77%
756.02 Cr
Energy
9.06%
635.98 Cr
Engineering
8.49%
595.97 Cr
FMCG
7.90%
554.56 Cr
Technology
7.74%
543.32 Cr
Healthcare
5.11%
358.71 Cr
Automobile
3.82%
268.15 Cr
Communication
2.78%
195.15 Cr
Chemicals
1.59%
111.61 Cr
View All
View All

Companies Holding in this Mutual Fund

as on 30 Sep 2019
Sort By
HDFC Bank Ltd.
7.05%
494.89 Cr
ICICI Bank Ltd.
6.35%
445.75 Cr
Axis Bank Ltd.
5.32%
373.45 Cr
ICICI Prudential Life Insurance Company Ltd.
5.09%
357.30 Cr
Reliance Industries Ltd.
4.68%
328.52 Cr
Housing Development Finance Corpn. Ltd.
4.67%
327.82 Cr
Larsen & Toubro Ltd.
4.39%
308.16 Cr
ITC Ltd.
3.43%
240.78 Cr
Infosys Ltd.
3.21%
225.33 Cr
State Bank of India
3.11%
218.31 Cr
View All
View All

About SBI Magnum Taxgain Direct Plan-Dividend

SBI Magnum Taxgain Direct Plan-Dividend is a Tax Saver mutual fund scheme from SBI Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Dinesh Balachandran. It has an AUM of ₹7,019.69 Crores and the latest NAV decalared is ₹48.725 as on 18 Oct 2019 at 9:25 pm.
SBI Magnum Taxgain Direct Plan-Dividend scheme return performance in last 1 year is 7.24%, in last 3 years is 16.17% and 114.34% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:7,019.69 Cr
Category:Equity: ELSS
Launch Date:01 Jan 2013
Fund Type:Open-End

Scheme Objective

The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.

AMC Information

SBI Mutual Fund
SBI Mutual Fund
View AMC Details
317,627.75 Cr
AUM
104
Schemes
Address
Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East)400051
Phone Number
Phone Number
Phone : 022-61793000 / 1800-425-5425
Fax : 022-22189663