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SBI Magnum Tax Gain Scheme (G) SET SMS ALERT

78.451
0.98 (1.27%)
NAV as on Apr-17-2014

Fund Family SBI Mutual Fund

Fund Class ELSS

ranking by CRISIL

Average performance in the category

The scheme is ranked 3 in ELSS category by Crisil. If you are already invested in this scheme, you may consider switching to a better performing scheme.

View Top ranked funds in this category

Close The scheme is open ended from Nov 1999.
Benchmark Index:
 
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Returns (NAV as on Apr-17-2014)

Period Returns (%) Rank #
1 mth 4.4 52
3 mth 8.7 36
6 mth 15.9 35
1 year 22.9 32
2 year 15.5 17
3 year 9.3 11
5 year 17.6 23

# Moneycontrol Rank within 86 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 7.8 - - - -
2013 -7.3 2.1 -2.3 13.1 6.2
2012 16.9 -1.1 8.8 3.6 34.1
2011 -8.4 -3.3 -9.2 -6.9 -23.8
2010 -0.9 1.0 10.7 -1.6 11.9
2009 -3.8 45.6 16.8 -0.2 82.6

View where it stands within its peers

* Returns over 1 year are Annualised

Performance

Fund returns v/s Category average (ELSS)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 4.4 8.7 15.9 22.9 15.5 9.3 17.6
Category avg 4.9 8.6 14.7 20.4 7.8 3.9 9.0
Difference of Fund returns and Category returns -0.5 0.1 1.2 2.5 7.7 5.4 8.6
Best of category 8.9 17.9 32.4 34.6 22.2 16.2 24.4
Worst of category 3.2 0.2 3.1 8.2 -1.0 -5.9 6.6
Benchmark returns # 4.8 8.8 12.9 19.2 13.0 5.5 15.8
Difference of Fund returns and Benchmark returns -0.4 -0.1 3.0 3.7 2.5 3.8 1.8
SBI Magnum Tax Gain Scheme (G) Review by Crisil - Rating: 3 (Rank 3 out of 5)
# Benchmark Index: S&P BSE 100

Investment Info

Investment Objective

The prime objective of this 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 80 C of the Incometax Act, 1961. It also seeks to distribute income periodical ly depending on distributable surplus.

Scheme details

Fund Type Open-Ended
Investment Plan Growth
Launch date Mar 31, 1993
Benchmark S&P BSE 100
Asset Size (Rs cr) 4,051.57 (Dec-31-2013)
Minimum Investment Rs.500
Last Dividend N.A. View Dividend History
Bonus N.A.
Fund Manager Jayesh Shroff
View performance of schemes managed by the Fund Manager
Notes The scheme is open ended from Nov 1999.

Load Details

Entry Load N.A
Exit Load 0.00%
Load Comments N.A.

Contact Details

Regd. Office 191 Maker Towers E, Cuffe Parade, Mumbai, 400005
Tel. No. 91 22 22180221/ 27
Fax No. 91 22 22189663
Email partnerforlife@sbimf.com
Website http://www.sbimf.com

Peer Comparison

ELSS Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
SBI Magnum Tax Gain (G) Rank 3
4,051.57 8.7 15.9 22.9 9.3 17.6
HDFC Tax Saver (G) Rank 4
3,386.28 13.4 21.8 25.8 6.9 20.9
Reliance Tax Saver (ELSS) (G) Rank 3
1,852.11 17.7 32.0 29.7 10.8 21.5
ICICI Pru Tax Plan (G) Rank 2
1,497.77 10.6 20.5 30.1 10.4 24.4
ICICI Pru Tax Plan- Direct (G) Not Ranked
13.47 10.9 20.9 31.0 -- --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Mar 31, 14)

Equity Sector Value
(Rs cr)
Asset %
HDFC Bank Banking/Finance 295.97 7.20
ICICI Bank Banking/Finance 258.15 6.28
TCS Technology 251.98 6.13
Reliance Oil & Gas 183.75 4.47
HDFC Banking/Finance 174.70 4.25
ITC Tobacco 167.30 4.07
HCL Tech Technology 164.84 4.01
Tata Motors Automotive 159.91 3.89
Larsen Engineering 150.86 3.67
Infosys Technology 150.04 3.65

Full Portfolio

Sector Allocation (Mar 31, 14)

Sector %

1-Year

HighLow

Banking/Finance 23.35 27.85 19.49
Technology 16.84 19.72 11.13
Engineering 11.95 11.95 8.89
Pharmaceuticals 9.41 10.62 7.05
Oil & Gas 8.52 10.24 7.01
Automotive 8.48 8.48 6.66

View All Sectors

Asset Allocation (%)(Mar 31, 14)

Equity 99.57
Others 0.00
Debt 0.00
Mutual Funds N.A
Money Market 0.00
Cash / Call 0.45

View All

Concentration

Holdings (%)
Top 5 28.33
Top 10 47.62
Sector (%)
Top 3 52.14

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