Mutual Fund Details
NAV
₹109.4057
as on 31 Mar 2020, 11:35 PM
₹3.8858(3.68%)
Last Change
This fund has a lock-in period of 3 years.Scheme Ratings
2
rated by Morningstar
2
rated by CRISIL
2
rated by Value Research
ELSS
Rankings based on | as on 01 Jan 1970
×
Schemes Managed By
Start SIP in this Mutual Fund
Min SIP Amount
₹500
Suggested Date
1st of Every Month
Investment Performance
would have given a return of
₹110,871
₹121,647
₹82,693
₹84,390
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
₹15,610
Profit (absolute return)
15.61%
in the last
1m
3m
1y
3y
5y
max
+1% Higher Returns
With Direct Plans on Paytm MoneyInvestment Returns
In the last 3 months
26.62%
In the last 6 months
23.54%
In the last 1 year
27.14%
In the last 3 years
15.61%
In the last 5 years
5.35%
In the last 10 years
NA
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 31 Mar 2020, 11:35 PM
Sectors Holding in this Mutual Fund
as on 29 Feb 2020
Financial
31.64%
₹2,245.95 Cr
Construction
11.29%
₹801.42 Cr
Energy
8.93%
₹633.89 Cr
Technology
8.77%
₹622.53 Cr
Healthcare
8.53%
₹605.50 Cr
Engineering
6.91%
₹490.50 Cr
Cash Holding
6.10%
₹433.01 Cr
FMCG
5.20%
₹369.12 Cr
Communication
3.78%
₹268.32 Cr
Automobile
2.77%
₹196.63 Cr
View All
View All
Sectors Holding in this Mutual Fund
as on 29 Feb 2020
Financial
31.64%
₹2,245.95 Cr
Construction
11.29%
₹801.42 Cr
Energy
8.93%
₹633.89 Cr
Technology
8.77%
₹622.53 Cr
Healthcare
8.53%
₹605.50 Cr
Engineering
6.91%
₹490.50 Cr
Cash Holding
6.10%
₹433.01 Cr
FMCG
5.20%
₹369.12 Cr
Communication
3.78%
₹268.32 Cr
Automobile
2.77%
₹196.63 Cr
View All
View All
Companies Holding in this Mutual Fund
as on 29 Feb 2020
Others
6.10%
₹433.01 Cr
HDFC Bank Ltd.
5.75%
₹408.16 Cr
ICICI Prudential Life Insurance Company Ltd.
4.42%
₹313.75 Cr
Axis Bank Ltd.
4.38%
₹310.91 Cr
Infosys Ltd.
4.09%
₹290.33 Cr
ICICI Bank Ltd.
4.07%
₹288.91 Cr
State Bank of India
3.86%
₹274.00 Cr
Bharti Airtel Ltd.
3.78%
₹268.32 Cr
Larsen & Toubro Ltd.
3.49%
₹247.74 Cr
Ambuja Cements Ltd.
3.33%
₹236.38 Cr
View All
View All
Companies Holding in this Mutual Fund
as on 29 Feb 2020
Others
6.10%
₹433.01 Cr
HDFC Bank Ltd.
5.75%
₹408.16 Cr
ICICI Prudential Life Insurance Company Ltd.
4.42%
₹313.75 Cr
Axis Bank Ltd.
4.38%
₹310.91 Cr
Infosys Ltd.
4.09%
₹290.33 Cr
ICICI Bank Ltd.
4.07%
₹288.91 Cr
State Bank of India
3.86%
₹274.00 Cr
Bharti Airtel Ltd.
3.78%
₹268.32 Cr
Larsen & Toubro Ltd.
3.49%
₹247.74 Cr
Ambuja Cements Ltd.
3.33%
₹236.38 Cr
View All
View All
This fund's returns:
5.50%Return Duration
3 Years
Axis Long Term Equity Direct Plan - Growth
Tax SaverELSS
Min. Investment
₹500
Category Returns
-12.03%
4.76%
3Y Returns
4.76
BOI AXA Tax Advantage Direct - Growth
Tax SaverELSS
Min. Investment
₹500
Category Returns
-12.03%
4.76%
3Y Returns
3.07
Canara Robeco Equity Tax Saver Direct - Growth
Tax SaverELSS
Min. Investment
₹500
Category Returns
-12.03%
4.76%
3Y Returns
3.01
Mirae Asset Tax Saver Fund Direct - Growth
Tax SaverELSS
Min. Investment
₹500
Category Returns
-12.03%
4.76%
3Y Returns
1.96
Invesco India Tax Plan Direct - Growth
Tax SaverELSS
Min. Investment
₹500
Category Returns
-12.03%
4.76%
3Y Returns
1.25
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 ₹7,098.46 Crores and the latest NAV decalared is ₹109.406 as on 31 Mar 2020 at 11:35 pm.
SBI Magnum Taxgain Direct Plan - Growth scheme return performance in last 1 year is -27.14%, in last 3 years is -15.61% and 61.20% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
Scheme Details
| AUM: | ₹7,098.46 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
View AMC Details
₹376,756.02 Cr
AUM
104
Schemes
Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East)400051
Phone Number
Phone : 022-61793000 / 1800-425-5425
Fax : 022-22189663
Email / Website
