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Latest NAV & returns of SBI MUTUAL FUND

SBI Magnum Taxgain Scheme Direct Growth

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138.269 (0.472%)
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
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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
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
17.944 0.92% 2,208 cr 0.22% Average
Kotak
Kotak Tax Saver-Scheme-Growth - Direct
46.102 0.24% 896 cr 1.17% Average
Dsp
DSP Tax Saver Fund - Direct Plan - Growth
49.016 -0.47% 5,434 cr 0.92% Average
Axis
Axis Long Term Equity Fund Direct Plan Growth Option
47.588 -0.62% 18,953 cr 0.93% Average
Tata
Tata India Tax Savings Fund Growth Direct Plan
18.472 -0.77% 1,807 cr 0.65% High
Religare invesco mutual fund
Invesco India Tax Plan - Direct Plan - Growth
53.290 -7.29% 837 cr 0.98% Average
Motilal
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth
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
Bnp
BNP Paribas Long Term Equity Fund Direct Plan Growth Option
39.259 1.13% 449 cr 1.25% Average
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
17.944 0.92% 2,208 cr 0.22% Average
Kotak
Kotak Tax Saver-Scheme-Growth - Direct
46.102 0.24% 896 cr 1.17% Average
Dsp
DSP Tax Saver Fund - Direct Plan - Growth
49.016 -0.47% 5,434 cr 0.92% Average
Axis
Axis Long Term Equity Fund Direct Plan Growth Option
47.588 -0.62% 18,953 cr 0.93% Average
Tata
Tata India Tax Savings Fund Growth Direct Plan
18.472 -0.77% 1,807 cr 0.65% High
Lic mutual funds
LIC MF Taxplan-Direct Plan Growth Option
69.205 -1.59% 220 cr 1.49% Average


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