SBI MAGNUM TAXGAIN SCHEME 1993 - DIRECT PLAN -GROWTH

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.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

1.47

Age

NA Years

Fund Manager

Dinesh Balachandran

AuM (Rs Crores)

6217.9805

Asset Class

ELSS

Net Asset Value:

140.804

Rating

2

Benchmark

S&P BSE 100 TRI

Fund Type

ELSS

SEBI Category

ELSS

Turnover Ratio(Monthly)

.7 Times

Fund Manager Details:

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.

Objective:

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.

Top Holdings:

  • Banks (18.1)
  • Finance (8.96)
  • Pharmaceuticals (7.77)
  • IT - Software (7.69)
  • Refineries (7.9)
  • FMCG (6.64)
  • Tobacco Products (6.3)
  • Infrastructure Developers & Operators (4.64)
  • Automobile (4.13)
  • Cement (3.16)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition