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SBI Magnum Tax Gain Reg DP

41.43
+0.41
+1.00%
25-05-2018
5 Years
  • Previous Close

    41.02

  • Yield

    9.29%

  • Front load

    0.00

  • Expenses

    2.35%

  • Category

    ELSS (Tax Savings)

  • Morningstar Risk

    Average

  • Morningstar Rating ★★
Profile

Name of Issuer

SBI Funds Management Private Limited

Fund Style

Open

Fund Manager

Dinesh Balachandran

Investment Style

Large Blend

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 1,500

Inception

31-03-1993

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