SBI Magnum Tax Gain Latest Nav

Hi I want to know about the Magnum Tax Gain Scheme of state bank of India. Will you give me some informative knowledge about this scheme?

I am customer of State Bank of India (SBI) and came to know about the SBI Magnum Tax Gain Latest Nav searching for details related to this. Will you please provide basic details about SBI Magnum Tax Gain Latest Nav along with period and returns also provide contact details?

[pawan]

SBI Magnum Tax Gain Latest Nav scheme is open ended from Nov 1999.

Period Returns (%) Rank #
1 mth 3.6 78
3 mth -6.9 94
6 mth 1.9 79
1 year 12 74
2 year 14.5 90
3 year 8.4 84
5 year 17.4 57

Other details:

Investment Objective
The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

Scheme Type
Open ended scheme

Scheme Class
Equity ELSS

Investment Plan
Dividend

Minimum Investment (in ₹)
500.00

Lock In Period
3

Contact:

Toll free Number(s):

18002093333
1800 425 5425 (BSNL/MTNL) (From 8 to 10 Pm)

All India Number(s):

080 26599420 (From 8 to 10 Pm)

Registered Office

9th Floor, Crescenzo, C-38 and 39, G Block,
Bandra-Kurla Complex
Mumbai Maharashtra
India - 400051