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SBI Magnum Tax Gain Dir DP

58.75
-0.45
-0.76%
19-02-2018
5 Years
  • Previous Close

    59.20

  • Yield

    8.04%

  • Front load

    0.00

  • Expenses

    1.74%

  • Category

    ELSS (Tax Savings)

  • Morningstar Risk

    Below Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

SBI Funds Management Private Limited

Fund Style

Open

Fund Manager

Dinesh Balachandran

Investment Style

Large Growth

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.

Purchase Information

Initial Purchase 500
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

01-01-2013

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