Latest NAV & returns of SBI MUTUAL FUND

SBI Magnum Taxgain Scheme Direct Growth

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NAV on November 27, 2019
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 7,358 cr
Turnover Ratio 57.60%
Expense Ratio 1.31%
Exit Load -
Returns
  • 1M: 3.66%
  • 1Y: 6.76%
  • 3M: 8.75%
  • 3Y: 9.10%
  • 6M: -2.09%
  • 5Y: 6.67%
Min Investment 500
ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since about 3 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 21.74
P/B Ratio 2.22
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 -3.33
Beta 0.97
R-Squared 95.05
Info Ratio -1.25
Tracking Err 3.07
Sortino 0.420
Sharpe 0.282
Std Dev 13.619
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 41.61%
Industrial 13.54%
Technology 6.49%
Basic Materials 7.85%
Consumer Cyclical 4.98%
Utilities Services 5.33%
Healthcare Services 5.54%
Energy Services 6.73%
Communication Services 0.45%
Consumer Defensive 7.48%
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
52.554 18.32% 21,492 cr 0.92% Above Average
20.517 18.27% 2,009 cr 0.64% High
20.009 17.67% 2,671 cr 0.30% Average
54.044 17.44% 6,103 cr 0.85% Average
19.868 16.05% 1,584 cr 0.87% Average
58.840 12.10% 962 cr 1.32% Average
34.300 8.58% 9,814 cr Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
52.554 18.32% 21,492 cr 0.92% Above Average
20.517 18.27% 2,009 cr 0.64% High
20.009 17.67% 2,671 cr 0.3% Average
54.044 17.44% 6,103 cr 0.85% Average
42.895 16.98% 478 cr 1.25% Average
19.704 16.50% 35 cr High
19.868 16.05% 1,584 cr 0.87% Average


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