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SBI Magnum Tax Gain Scheme (D)

PLAN: Regular OPTIONS: Dividend
51.238 0.25 (0.49%)

NAV as on 23 Jan, 2015

CRISIL MF RANK

Scheme Risk Grade

  HIGH RISK

HIGH RISK

  • For investors looking at long term capital growth investments.
  • Ideal for people who wish to benefit from potentially higher returns and have the risk appetite for the same.
FUND FAMILY : SBI Mutual Fund FUND CLASS : ELSS
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ranking by CRISIL

Average performance in the category

The scheme is ranked 3 in ELSS category by Crisil (for quarter ended Mar 2014) rank unchanged from last quarter. 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 23 Jan, 2015)

Period Returns (%) Rank #
1 mth 8.6 34
3 mth 13.7 45
6 mth 18.8 63
1 year 59.6 42
2 year 30.7 29
3 year 28.1 16
5 year 15.3 23

# Moneycontrol Rank within 94 ELSS Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2014 -2.1 20.8 7.9 5.7 -
2013 -16.8 2.1 -2.3 13.1 -4.6
2012 5.2 -1.1 8.8 4.0 34.0
2011 -17.9 -3.3 -9.2 -6.9 -31.8
2010 -10.2 1.0 10.7 -1.6 1.4

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 8.6 13.7 18.8 59.6 30.7 28.1 15.3
Category avg 8.0 13.9 20.4 58.2 27.3 23.0 12.9
Difference of Fund returns and Category returns 0.6 -0.2 -1.6 1.4 3.4 5.1 2.4
Best of category 10.9 22.7 40.0 103.0 46.3 37.0 25.0
Worst of category 4.2 5.4 9.7 20.6 15.7 15.5 5.4
Benchmark returns # 7.1 10.2 13.2 40.8 20.8 20.9 11.5
Difference of Fund returns and Benchmark returns 1.5 3.5 5.6 18.8 9.9 7.2 3.8
SBI Magnum Tax Gain Scheme (D) 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 Dividend
Launch date Mar 31, 1993
Benchmark S&P BSE 100
Asset Size (Rs cr) 4,936.06 (Dec-31-2014)
Minimum Investment Rs.500
Last Dividend Rs.3.50 (Mar-28-2014) 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
4,936.06 13.7 18.8 59.6 28.1 15.3
HDFC Tax Saver (G) Rank 4
4,794.48 11.9 17.1 67.2 26.1 16.5
Reliance Tax Saver (ELSS) (G) Rank 1
3,398.91 12.6 26.4 101.4 36.5 21.9
Axis Long Term Equity Fund (G) Rank 1
2,933.79 16.2 27.2 78.7 37.0 25.0
ICICI Pru Tax Plan (G) Rank 2
2,283.67 9.9 17.2 60.1 29.1 17.7
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Dec 31, 14)

Equity Sector Value
(Rs cr)
Asset %
ICICI Bank Banking/Finance 345.03 6.99
HDFC Bank Banking/Finance 297.64 6.03
Tata Motors Automotive 262.11 5.31
Infosys Technology 203.86 4.13
TCS Technology 199.42 4.04
Axis Bank Banking/Finance 195.96 3.97
SBI Banking/Finance 194.97 3.95
Shree Cements Cement 183.62 3.72
Va Tech Wabag Engineering 182.14 3.69
Lupin Pharmaceuticals 178.69 3.62

Full Portfolio

Sector Allocation (Dec 31, 14)

Sector %

1-Year

HighLow

Banking/Finance 27.15 27.15 20.32
Engineering 13.52 15.44 10.23
Technology 13.47 19.72 13.47
Automotive 10.05 10.60 8.10
Pharmaceuticals 8.40 10.62 7.18
Oil & Gas 5.78 9.59 5.78

View All Sectors

Asset Allocation (%)(Dec 31, 14)

Equity 97.73
Others 0.66
Debt 0.00
Mutual Funds N.A
Money Market 3.65
Cash / Call -2.04

View All

Concentration

Holdings (%)
Top 5 26.50
Top 10 45.45
Sector (%)
Top 3 54.14

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