Latest NAV & returns of SBI MUTUAL FUND

SBI Magnum Taxgain Scheme Direct Growth

Add To Compare

NAV on August 16, 2019
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 6,741 cr
Turnover Ratio 73.70%
Expense Ratio 1.29%
Exit Load -
Returns
  • 1M: -6.06%
  • 1Y: -6.11%
  • 3M: -2.72%
  • 3Y: 4.56%
  • 6M: 0.73%
  • 5Y: 7.47%
Min Investment 500
ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since almost 3 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 20.47
P/B Ratio 1.96
Launch Date January 01, 2013
Benchmark S&P BSE 500 India TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs S&P BSE 500 India TR INR

Alpha -3.10
Beta 0.95
R-Squared 95.02
Info Ratio -1.18
Tracking Err 3.03
Sortino 0.266
Sharpe 0.182
Std Dev 13.197
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 35.23%
Industrial 14.52%
Technology 8.17%
Basic Materials 8.89%
Consumer Cyclical 3.71%
Utilities Services 5.38%
Healthcare Services 4.85%
Energy Services 5.20%
Communication Services 3.04%
Consumer Defensive 11.00%
Real Estate 0.00%
INVESTMENT OBJECTIVE

To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment 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 from the date of allotment to avail Section 80C benefits.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
17.944 0.92% 2,208 cr 0.22% Average
46.102 0.24% 896 cr 1.17% Average
49.016 -0.47% 5,434 cr 0.92% Average
47.588 -0.62% 18,953 cr 0.93% Average
18.472 -0.77% 1,807 cr 0.65% High
53.290 -7.29% 837 cr 0.98% Average
17.411 -8.23% 1,339 cr 0.78% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
39.259 1.13% 449 cr 1.25% Average
17.944 0.92% 2,208 cr 0.22% Average
46.102 0.24% 896 cr 1.17% Average
49.016 -0.47% 5,434 cr 0.92% Average
47.588 -0.62% 18,953 cr 0.93% Average
18.472 -0.77% 1,807 cr 0.65% High
69.205 -1.59% 220 cr 1.49% Average


Other Equity funds by SBI