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Latest NAV & returns of SBI MUTUAL FUND

SBI Magnum Taxgain Scheme Direct Growth

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149.919 (0.149%)
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
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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
Axis
Axis Long Term Equity Fund Direct Plan Growth Option
52.554 18.32% 21,492 cr 0.92% Above Average
Tata
Tata India Tax Savings Fund Growth Direct Plan
20.517 18.27% 2,009 cr 0.64% High
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
20.009 17.67% 2,671 cr 0.30% Average
Dsp
DSP Tax Saver Fund - Direct Plan - Growth
54.044 17.44% 6,103 cr 0.85% Average
Motilal
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth
19.868 16.05% 1,584 cr 0.87% Average
Religare invesco mutual fund
Invesco India Tax Plan - Direct Plan - Growth
58.840 12.10% 962 cr 1.32% Average
Birla new
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan
34.300 8.58% 9,814 cr — Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Axis
Axis Long Term Equity Fund Direct Plan Growth Option
52.554 18.32% 21,492 cr 0.92% Above Average
Tata
Tata India Tax Savings Fund Growth Direct Plan
20.517 18.27% 2,009 cr 0.64% High
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
20.009 17.67% 2,671 cr 0.3% Average
Dsp
DSP Tax Saver Fund - Direct Plan - Growth
54.044 17.44% 6,103 cr 0.85% Average
Bnp
BNP Paribas Long Term Equity Fund Direct Plan Growth Option
42.895 16.98% 478 cr 1.25% Average
Jm
JM Tax Gain Fund (Direct) - Growth Option
19.704 16.50% 35 cr — High
Motilal
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth
19.868 16.05% 1,584 cr 0.87% Average


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