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Jama - SBI MAGNUM TAXGAIN SCHEME 1993


SBI MAGNUM TAXGAIN SCHEME 1993


NAV : 150.9055
(+3.5817arrow_upward)
AUM : ₹6,230 Cr.


Fund Returns

1 Month3 Months6 Months1 Year2 Years3 Years5 years
0.38%8.21%8.64%6.51%7.41%12.08%11.45%



Fund Details

An open-ended Equity Linked Saving Scheme with a statutory lock-in period of 3 years and tax benefit
NAV150.9055
Launch Date-
Min (1st time)₹500
Min (later on)₹500
Min SIP-
Expense Ratio0.0%
Exit Load : -


Direct Advantage

Investment of Rs.1,00,000 becomes
With JamaWith BrokerBack2Pocket
After 6 months₹1,04,229₹1,04,082₹148
After 1 year₹1,06,507₹1,05,795₹712
After 3 years₹1,40,800₹1,38,004₹2,796
After 20 years₹9,78,778₹8,56,259₹1,22,520

Investment Calculators



SIP Calculator

Per Month

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


START SIP    



Lumpsum Calculator

One Time

500


Duration (in years)

25

After Years


Direct(Jama)

Broker(Regular)

Direct Savings :


INVEST NOW

Returns assumed : 12.08% Past 3 yr Data

NAV History







Fund Objective:
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 ofallotmenttoavailSection80Cbenefits.
Fund Manager:
Mr. Dinesh Balachandran