SBI Magnum Taxgain Scheme 1993 - Regular Plan - Growth

Fund Returns

NAV Rs. 141.39 -0.42 %
(as on Feb. 27, 2020)
1 yr Return 4.99 %
3 yr. Return 5.03 %
5 yr. Return 4.09 %

Fund Returns

NAV 1 yr Return 3 yr. Return 5 yr. Return
Rs. 141.39 -0.42 %
(as on Feb. 27, 2020)
4.99 % 5.03 % 4.09 %

NAV Movement

1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years

Calculate SIP Growth

SIP Start Date

SIP End Date

Scheme Details

Launch Date March 31, 1993
Fund Size Rs. 7370.28 cr.
Category Equity | Tax Savings
Fund Manager Dinesh Balachandran
AMC SBI Funds Management Private Limited
Fund Benchmark S&P BSE 500 Index
Risk Profile Aggressive
Risk Rating 8 / 10

Investment Information

Min. Investment Rs. 500.00
Min. Investment SIP Rs. 0.00
Expense Ratio 1.97 %
Exit load Nil

Investment Objective

The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 c of the income-tax act, 1961. It also seeks to distribute income periodically depending on distributable surplus

Performance

1M 3M 6M 1Y 3Y 5Y
Fund -4.62 -1.98 6.97 4.99 5.03 4.09
Rank Within Category 108 132 None 71 72 58

Portfolio

Security Holding (%)
(as on Dec. 1, 2019)
Market Value
(in Rs. crores.)
Quantity
HDFC Bank Ltd. 5.98 441.0 3466730.0
Axis Bank Ltd. 5.58 411.3 5454199.0
ICICI Prudential Life Insurance Company Ltd. 4.36 321.06 6654842.0
ICICI Bank Ltd. 4.25 313.21 5812042.0
Larsen & Toubro Ltd. 4.2 309.49 2383981.0
State Bank of India 4.1 302.05 9050233.0
Infosys Ltd. 3.94 290.27 3970000.0
TREP 3.78 278.62 -
Reliance Industries Ltd. 3.64 267.99 1770000.0
ITC Ltd. 2.99 220.01 9255864.0

Fund Schemes Concentrations

# of Securities 68
Top 10 Securities 42.82 %
Top 5 Securities 24.37 %
Top 3 Securities 15.92 %
# of Sectors 23
Top 10 Sectors 78.58 %
Top 5 Sectors 55.53 %
Top 3 Sectors 43.41 %

AMC Contact Information

AMC SBI Funds Management Private Limited
Address 191, Maker Tower 'E' Cuffe Parade, Mumbai - 400 005
Email partnerforlife@sbimf.com
Website https://www.sbimf.com/en-us

Scheme Details

Launch Date March 31, 1993 Fund Size Rs. 7370.28 cr.
Category Equity | Tax Savings Fund Manager Dinesh Balachandran
AMC SBI Funds Management Private Limited Fund Benchmark S&P BSE 500 Index
Risk Profile Aggressive Risk Rating 8 / 10

Investment Information

Min. Investment Min. Investment SIP Expense Ratio Exit Load
Rs. 500.00 Rs. 0.00 1.97 % Nil

Investment Objective

The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 c of the income-tax act, 1961. It also seeks to distribute income periodically depending on distributable surplus

Performance

1M 3M 6M 1Y 3Y 5Y
Fund -4.62 -1.98 6.97 4.99 5.03 4.09
Rank Within Category 108 132 None 71 72 58

Peer Funds

Fund Return 1Y (%) Return 3Y (%) Return 5Y (%) AUM(cr.)
SBI Magnum Taxgain Scheme 1993 - Regular Plan - Growth 4.99 5.03 4.09 7,370.28
SBI Banking & Financial Services Fund - Regular Plan - Growth 25.01 18.47 15.15 1,409.36
Tata Digital India Fund-Regular Plan-Growth 3.58 17.97 - 390.06
Axis Bluechip Fund - Growth 21.77 17.64 10.3 10,211.89
ABSL Digital India Fund - Growth - Regular Plan 8.01 17.11 9.35 428.16
Axis Midcap Fund - Growth 18.84 16.19 10.44 4,140.72

Portfolio

Security Holding (%)
(as on Dec. 1, 2019)
Market Value
(in Rs. crores.)
Quantity
HDFC Bank Ltd. 5.98 441.0 3466730.0
Axis Bank Ltd. 5.58 411.3 5454199.0
ICICI Prudential Life Insurance Company Ltd. 4.36 321.06 6654842.0
ICICI Bank Ltd. 4.25 313.21 5812042.0
Larsen & Toubro Ltd. 4.2 309.49 2383981.0
State Bank of India 4.1 302.05 9050233.0
Infosys Ltd. 3.94 290.27 3970000.0
TREP 3.78 278.62 -
Reliance Industries Ltd. 3.64 267.99 1770000.0
ITC Ltd. 2.99 220.01 9255864.0

Fund Schemes Concentrations

# of Securities 68
Top 10 Securities 42.82 %
Top 5 Securities 24.37 %
Top 3 Securities 15.92 %
# of Sectors 23
Top 10 Sectors 78.58 %
Top 5 Sectors 55.53 %
Top 3 Sectors 43.41 %

AMC Contact Information

AMC SBI Funds Management Private Limited
Address 191, Maker Tower 'E' Cuffe Parade, Mumbai - 400 005
Email partnerforlife@sbimf.com
Website https://www.sbimf.com/en-us