SBI Magnum TaxGain Scheme 1993 - Dividend - Regular Plan

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Fund Overview Dividend | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

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Fund Objective

The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN - DIVIDEND -6.70 -8.94 -12.16 2.53 5.19 15.65
S&P BSE 500 -4.69 -7.87 -11.05 6.22 6.68 13.66
S&P BSE 500 - TRI -4.44 -7.26 -9.87 7.56 8.03 8.61
S&P BSE SENSEX - TRI -3.15 -4.79 -2.99 10.84 8.20 12.89

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN - DIVIDEND Mar 31, 1993 Unrated -12.16 2.53 5.19 1.99 6,740.92
Axis Long Term Equity Fund - Dividend Dec 29, 2009 -5.51 9.54 11.63 1.76 18,952.64
Reliance Tax Saver (ELSS) Fund- Dividend Plan- Annual Dividend Payout Option Sep 21, 2005 Unrated -20.49 -2.06 3.22 1.73 9,659.29
Reliance Tax Saver (ELSS) Fund-Dividend Plan-Dividend Option Sep 21, 2005 Unrated -20.49 -2.06 3.22 1.73 9,659.29
Aditya Birla Sun Life Tax Relief '96 - Dividend Option Mar 29, 1996 -14.32 5.94 10.14 2.04 8,416.36
HDFC TaxSaver-Dividend Plan Mar 31, 1996 -12.28 4.33 4.83 1.97 6,979.02

Fund Holdings as on 31-July-2019

  • ICICI Bank Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • TREPS

  • HDFC Bank Ltd.

  • Larsen & Toubro Ltd.

  • Reliance Industries Ltd.

  • State Bank of India

  • Axis Bank Ltd.

  • ITC Ltd.

  • Infosys Ltd.

  • Housing Development Finance Corporation Ltd.

  • Ambuja Cements Ltd.

  • Emami Ltd.

  • Tata Consultancy Services Ltd.

  • Colgate Palmolive (India) Ltd.

  • Cummins India Ltd.

  • Bharti Airtel Ltd.

  • Marico Ltd.

  • Rallis India Ltd.

  • HCL Technologies Ltd.

  • IRB Infrastructure Developers Ltd.

  • Thermax Ltd.

  • JK Cement Ltd.

  • Lupin Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Bharat Heavy Electricals Ltd.

  • Vodafone Idea Ltd.

  • ABB India Ltd.

  • NTPC Ltd.

  • VA Tech Wabag Ltd.

  • Mahindra & Mahindra Ltd.

  • Torrent Power Ltd.

  • Cipla Ltd.

  • Tata Power Company Ltd.

  • The New India Assurance Company Ltd.

  • GE T&D India Ltd.

  • The Federal Bank Ltd.

  • Tech Mahindra Ltd.

  • CESC Ltd.

  • ACC Ltd.

  • Equitas Holdings Ltd.

  • Vedanta Ltd.

  • Net Receivable / Payable

  • Kotak Mahindra Bank Ltd.

  • Coal India Ltd.

  • NHPC Ltd.

  • Aster DM Healthcare Ltd.

  • Punjab National Bank

  • Tata Motors Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Tata Motors Ltd. -A-DVR

  • Strides Pharma Science Ltd.

  • Hero MotoCorp Ltd.

  • JSW Energy Ltd.

  • Laurus Labs Ltd.

  • Sanofi India Ltd.

  • Maruti Suzuki India Ltd.

  • Elgi Equipments Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • Hindustan Petroleum Corporation Ltd.

  • Dynamatic Technologies Ltd.

  • SREI Infrastructure Finance Ltd.

  • Ultratech Cement Ltd.

  • LT Foods Ltd.

  • NMDC Ltd.

  • Aurobindo Pharma Ltd.

  • Spencer's Retail Ltd.

  • Manpasand Beverages Ltd.

  • Summit Securities Ltd.

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  • Bank - Private

  • IT - Software

  • Insurance

  • Engineering - Construction

  • Miscellaneous

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Household & Personal Products

  • Refineries

  • Bank - Public

  • Pharmaceuticals & Drugs

  • Cigarettes/Tobacco

  • Finance - Housing

  • Telecommunication - Service Provider

  • Engineering - Industrial Equipments

  • Electric Equipment

  • Diesel Engines

  • Consumer Food

  • Automobiles - Passenger Cars

  • Pesticides & Agrochemicals

  • Finance - Stock Broking

  • Finance - NBFC

  • Mining & Minerals

  • Metal - Non Ferrous

  • Hospital & Healthcare Services

  • Automobiles-Trucks/Lcv

  • Compressors / Pumps

  • Automobile Two & Three Wheelers

  • Retailing

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About SBI Magnum TaxGain Scheme 1993

Scheme Analysis

SBI Magnum TaxGain Scheme 1993 is a Equity - ELSS fund and belongs to SBI Mutual Fund. It was launched on 31-Mar-1993 and currently has an AUM of ₹6,740.92 crore. SBI Magnum TaxGain Scheme 1993 is benchmarked against S&P BSE 500 as primary index and S&P BSE 500 - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of SBI Magnum TaxGain Scheme 1993 ended up ₹0.21(0.61%)yesterday to ₹35.42.

Among its top 3 holdings the fund has exposure to ICICI Bank Ltd., ICICI Prudential Life Insurance Company Ltd. and TREPS

The SBI Magnum TaxGain Scheme 1993 is managed by Dinesh Balachandran .

Fund House Contact

191, Maker Tower 'E' Cuffe Parade Mumbai - 400 005

022 - 22180221-27
022 - 22189663
www.sbimf.com

Fund Manager

  • Education:B. Tech (IIT-B) and M. S. (MIT, USA)
  • Experience:11 Years
  • Basic Details:Mr. Dinesh has over 11 years of experience in the industry primarily as Research Analyst. Prior to joining SBIFM, Dinesh was Research Analyst with Fidelity Investments, USA for ten years. Dinesh is a B. Tech (IIT-B) and M. S. (MIT, USA). He is also a charter holder of the CFA Institute, USA.
  • Funds Managed:
  • SBI Contra Fund
  • SBI Dynamic Asset Allocation Fund
  • SBI Magnum TaxGain Scheme 1993

Most Recent Dividend

  • 08/03/2019

  • 09/03/2018

  • 17/03/2017

  • 11/03/2016

  • 27/03/2015

  • 28/03/2014

  • 28/03/2013

  • 22/03/2012

  • 18/03/2011

  • 05/03/2010

  • 29/05/2009

  • 15/02/2008

  • 02/03/2007

  • 13/03/2006

  • 13/06/2005

  • 01/11/2004

  • 29/03/2004

  • 01/01/2004

  • 29/09/2003

  • 16/12/1999

  • 16/08/1996

  • 05/05/1995

  • Cash

  • Equity

  • Rights

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