SBI MAGNUM TAXGAIN SCHEME 1993 - DIRECT PLAN -GROWTH of SBI Mutual Fund has asset class type as ELSS. Oro Wealth rating for the fund is 2.
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Dinesh Balachandran B.Tech (IIT-B) and M.S. (MIT,USA). He has over 11 years of experience in the industry primarily as Research Analyst. Prior to joining SBIFM, He was Research Analyst with Fidelity Investment, USA for ten years.
To deliver the benefits of investing in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 8 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.