SBI Magnum Taxgain Direct Plan-Growth

Item: SBI Magnum Taxgain Direct Plan-Growth
Rating: 2
Author: Morningstar

Tax Saver ELSS

NAV

₹137.2759

as on 20 Aug 2019 09:25 PM

₹-1.0659(0.77%)

Last Change

This fund has a lock-in period of 3 years.

Scheme Ratings

rated by Morningstar

rated by CRISIL

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Dinesh Balachandran

Fund Manager

Investment Performance

would have given a returns of

₹110,871

₹121,647

₹110,264

₹114,307

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹14,308

Profit (absolute return)

14.31%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

2.72%

In the last 6 months

0.73%

In the last 1 year

6.11%

In the last 3 years

14.31%

In the last 5 years

43.35%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

moderately low

moderate

moderately high

high

Investors understand that their principal will be at moderately high risk

Scheme Information

SBI Magnum Taxgain Direct Plan-Growth

as of 20 Aug 2019 09:25 PM

₹6,740.92 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.36%

Expense Ratio

Plan

Growth

5.62%

Cash Holding

Benchmark

S&P BSE 500 Total Return Index

Scheme Document

View

Benchmark

S&P BSE 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Jul 2019

Sort By

Value

Sector

Financial

33.24%

₹2,240.68 Cr

Construction

11.16%

₹752.29 Cr

FMCG

10.38%

₹699.71 Cr

Energy

10.15%

₹684.20 Cr

Engineering

8.49%

₹572.30 Cr

Technology

7.71%

₹519.73 Cr

Cash Holding

5.62%

₹378.84 Cr

Healthcare

4.59%

₹309.41 Cr

Automobile

3.47%

₹233.91 Cr

Communication

2.86%

₹192.79 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Jul 2019

Sort By

Value

Sector

Financial

33.24%

₹2,240.68 Cr

Construction

11.16%

₹752.29 Cr

FMCG

10.38%

₹699.71 Cr

Energy

10.15%

₹684.20 Cr

Engineering

8.49%

₹572.30 Cr

Technology

7.71%

₹519.73 Cr

Cash Holding

5.62%

₹378.84 Cr

Healthcare

4.59%

₹309.41 Cr

Automobile

3.47%

₹233.91 Cr

Communication

2.86%

₹192.79 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Jul 2019

Sort By

Value

Company

ICICI Bank Ltd.

6.48%

₹436.81 Cr

Others

5.62%

₹378.84 Cr

ICICI Prudential Life Insurance Company Ltd.

5.40%

₹364.01 Cr

HDFC Bank Ltd.

4.76%

₹320.87 Cr

Larsen & Toubro Ltd.

4.30%

₹289.86 Cr

Reliance Industries Ltd.

4.06%

₹273.68 Cr

State Bank of India

3.97%

₹267.61 Cr

Axis Bank Ltd.

3.86%

₹260.20 Cr

ITC Ltd.

3.71%

₹250.09 Cr

Infosys Ltd.

3.30%

₹222.45 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Jul 2019

Sort By

Value

Company

ICICI Bank Ltd.

6.48%

₹436.81 Cr

Others

5.62%

₹378.84 Cr

ICICI Prudential Life Insurance Company Ltd.

5.40%

₹364.01 Cr

HDFC Bank Ltd.

4.76%

₹320.87 Cr

Larsen & Toubro Ltd.

4.30%

₹289.86 Cr

Reliance Industries Ltd.

4.06%

₹273.68 Cr

State Bank of India

3.97%

₹267.61 Cr

Axis Bank Ltd.

3.86%

₹260.20 Cr

ITC Ltd.

3.71%

₹250.09 Cr

Infosys Ltd.

3.30%

₹222.45 Cr

View All

Funds in this Category

This fund's returns:

4.56%

Return Duration

3 Years

Mirae Asset Tax Saver Fund Direct-Growth

Axis Long Term Equity Direct Plan-Growth

Motilal Oswal Long Term Equity Fund Direct-Growth

JM Tax Gain Direct Plan-Growth

LIC MF Tax Direct Plan - Growth

About SBI Magnum Taxgain Direct Plan-Growth

SBI Magnum Taxgain Direct Plan-Growth 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 ₹6,740.92 Crores and the latest NAV decalared is ₹137.276 as on 20 Aug 2019 at 9:25 pm.

SBI Magnum Taxgain Direct Plan-Growth scheme return performance in last 1 year is -6.10%, in last 3 years is 14.31% and 102.26% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

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.

Scheme Details