SBI Magnum Taxgain Scheme

  • Category: EQUITY
  • AAUM: 6266.56 Cr as on 31 May 2018
  • Investment Options: Dividend , Growth
  • Entry Load: N.A.
  • Inception: March 31, 1993
  • Benchmark:
    S&P BSE 500 Index
  • Exit Load: Read more
as on
From To
Quantitative DataAs on 31-May-2018
Standard Deviation*: 13.90%
Beta*: 0.94
Expense Ratio*: 1.80
Source:CRISIL Fund Analyser

Basis for Ratio Calculation: Risk Free rate: FBIL Overnight Mibor rate (6.43% as on ) 3 Years Monthly Data Points

As on  31/05/2018
Portfolio Holdings
Stock Name (%) Of Total AUM
HDFC BANK LTD. 6.12
RELIANCE INDUSTRIES LTD. 5.65
ICICI BANK LTD. 5.60
ITC LTD. 3.95
INFOSYS LTD. 3.64
LARSEN & TOUBRO LTD. 3.48
STATE BANK OF INDIA 3.04
MAHINDRA & MAHINDRA LTD. 2.94
UNITED BREWERIES LTD. 2.45
COLGATE PALMOLIVE (INDIA) LTD. 2.31
Sectoral Breakdown (in %)
IndustryRatio
FINANCIAL SERVICES 33.24
CONSUMER GOODS 13.18
ENERGY 8.96
IT 7.32
AUTOMOBILE 5.92
CONSTRUCTION 5.32
INDUSTRIAL MANUFACTURING 4.42
TELECOM 4.33
PHARMA 3.99
CEMENT & CEMENT PRODUCTS 3.06

    Investment Objective 

    The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investments 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.

    Investment Strategy 
     
    Fund will be investing in equity & equity related instruments as also debt instruments, and money market instruments.  
     
    In line with CBDT guidelines, the Fund will invest at least 80% of the net assets in equity and equity related instruments.

     

Enter Date * :
Fund Manager
  • Mr. Dinesh Balachandran

    Managing this fund since Sep 2016.

    Total experience 17 years .

  • Riskometer
    Investment Information
    SIP -

    Weekly SIP - Minimum Rs. 500 & in multiples of Rs. 500 thereafter for minimum 6 weeks

    Monthly - Minimum Rs. 500 & in multiples of Rs. 1 thereafter for minimum 6 months

    Quarterly - Minimum 500 & in multiples of 1 thereafter for minimum 1 year

    Lumpsum - 500
    Switch - N.A.
    SWP - Minimum Rs. 500 per month/ per quarter
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