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Get the daily NAV, prices & performance of SBI Magnum Tax Gain Scheme 1993

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SBI Magnum Tax Gain Scheme 1993

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.

Structure :

Open-ended Equity Scheme

Inception Date :

March 31, 1993

Plans and Options under the Plan :

Growth & Dividend Option

Face Value (Rs/Unit):

Rs. 10

Minimum Investment :

Rs. 500

Entry Load :

For investments below Rs. 5 crores, Entry load is 2.25%. For Investments of Rs. 5 crores and above, Entry Load is Nil.

Exit Load :

Nil.

Daily NAV & Price:

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN - DIVIDEND 48.2764 48.2764 48.2764 21-Nov-2014
SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN- GROWTH 107.7604 107.7604 107.7604 21-Nov-2014


  • mukund jog:
    Want to redeem the units please provide the procedure.
    18-Jun-2013 06:04 PM
  • ashok sarker:
    what is the future of magnum tax gain growth fund nav for next 7 months? whether to hold or sell now?
    01-Jun-2013 09:11 PM
  • S.Ramachandran:
    I have invested Rs.25000.00 in SBI Magnum Tax Gain Scheme (Dividend) on 15.3.2010 for Tax Benefits and the 3 years locking period has also been completed.Kindly advice me whether is it the right time to redeem my m.f. What is the current NAV rate.
    30-May-2013 01:19 PM
  • subal dey sarkar:
    I invest 2008 that time NAV Rs 69.75 what time recover for this rate of NAV
    11-Apr-2013 03:17 PM
    • Rajnesh Sharma: Current Nav is 64.3706, I think year end rates will reached 70+
      25-Apr-2013 03:44 PM
  • Sanjiv kumar:
    What is process of close this investment plan
    09-Apr-2013 04:43 PM
  • S.Ganesan:
    What is lock in period under SBI Magnum Taxgain scheme.
    06-Apr-2013 10:22 PM
    • Rajnesh: Only three years.
      02-Jul-2013 01:24 PM
  • subal dey sarkar:
    Kindly advise me for mangnum 1993 dividend plan. nav value less than Rs. 20. i have invest Rs. 1000000.
    02-Apr-2013 01:53 PM
  • D.N.NAGARAJA:
    Kindly advise me shall I redeem my investment in SBI Magnum Tax Gain growth or shall i wait for some more time.
    26-Mar-2013 03:26 PM
  • vipan sharma:
    pl send update information of sbi magnum taxgain scheme 1933 -growth
    23-Mar-2013 05:43 PM
  • MF Manager:
    What is a Dividend?????? Why gain in tax??????
    22-Mar-2013 09:29 AM
  • K.I.DESAI:
    WHEN WILL BE DIVIDEND DECLARE & HOW MUCH FOR SBI MAGNUM TAXGAIN SCHEME -DIVIDEND?
    21-Mar-2013 09:46 PM
  • RAMCHANDRA:
    sir, i invest in sip sbi magnum tax gain (d) for last 6 years , i stopped sip from june2012 what will be the dividend for 2013 can continue the sip
    19-Mar-2013 10:56 AM
  • yk malik:
    should i redeam my investment in sbi magnum tax gain or continue?
    16-Mar-2013 05:41 PM
  • swadhin saxena:
    Kindly advise if I should redeem my investment in Sbi tax gain 1993 div or continue or any other suggestion.

    Thanks
    14-Mar-2013 01:32 PM
  • deepak:
    which is the best time to exit in this scheme
    10-Mar-2013 05:26 PM
  • nitin vasu:
    plz shows the dividend of sbi 2013
    08-Mar-2013 06:32 PM
  • Surya Mohan Reddy:
    when will i get dividend
    08-Mar-2013 02:58 PM
  • Dr A Bhandari:
    When Divident will be declear for this fund?
    08-Mar-2013 02:03 PM
  • daya shanker singh:
    when will i get dividend?
    26-Feb-2013 08:11 AM
  • V DURGAVANI:
    My folio No.is 8658981. How many units are there in my Folio. What is the procedure to close all the units. Because somebody said to me " In dividend reinvestment plan, allotted units for dividend also locked for three years. I dont want to continue this life long for a little dividend reinvest units. Please suggest me how to close all the units in april 2013 after allot the units for March 2013 dividend also.
    21-Feb-2013 01:52 PM
  • GEORGE K JACOB:
    My Folio number is 8507282 for the SBI Magnum taxgain Scheme-Divident. can I get the Account Statement.Also want to know whether I can make redemption online
    20-Feb-2013 04:29 PM
  • Prabhakar:
    Dear sir,

    I have invested in sbi mtgs regular - growth. I am unable to redemption sbimf online site. I have 99 units.

    Please give advise as early as possible

    Regards.
    19-Feb-2013 07:23 PM
  • Anil V.Joshi:
    I have invested Rs.5000/- in SBI magnum taxgain scheme on 04.02.2010. I want to know the latest status of my investment and want to close the account. Let me know the procedure of getting cash refund.
    15-Feb-2013 10:23 AM
  • shrimali:
    Sir,
    Really very sorry to write that in-spite of our request no advise has been given whether I may keep the Sbi magnum tax gain growth or not. It appears that in future the rates of the said unit will not be more than Rs.70/- or at par of purchase value i.e. Rs. 70/-. If possible may please advise that what to do with these units. Please advise to the small investors also so that they can not loose the hard earn money.
    Thanking you
    12-Feb-2013 11:09 AM
  • rabindra ram:
    i want to repurchase sbi magnum tax gain dividend portfolio from pre invested same portfolio
    05-Feb-2013 08:37 PM
  • Venkatesh:
    I have invested in Magnum Taxgain scheme in the year 2010, Unit price was 54 Rs is it recommended to redeem now? Please advice
    03-Feb-2013 07:57 AM
  • upendra:
    sir, kindly inform me how much dividend earn current year.
    01-Feb-2013 08:32 AM
  • suresh namdeo patil:
    I have invested in SBI MAGNUM TAXGAIN IN 18/03/2008, i want to redeem the same. I want to know the current valuation and the process to redeem
    Subm
    31-Jan-2013 10:15 PM
  • tarun lakhani:
    I have purchased approx 600units in 2008, but m not getting any dividend on same.. pls suggest how to get dividend ?
    31-Jan-2013 01:05 PM
  • Manish Kumar Singh:
    I have invested in SBI & HDFC MF 5 years back, i want to redeem the same. I want to know the current valuation and the process to redeem
    29-Jan-2013 09:57 PM
  • dr sachin patil:
    sir i want to invest 1000 rs per month for 25 years then what wiil be my total fund
    29-Jan-2013 12:09 PM
  • yashwant pandurang Desai:
    i have invested Rs.150000/- at a one time in sbi magnum tax gain growth scheme in 2010 for 3 years. how much premium or units increased in my original amount or units in last two years. and what is the latest position of the same. i am completely unknown about above scheme please inform me.
    28-Jan-2013 11:07 AM
  • Gurdeep Singh:
    Sir,
    I have invested Rs. 1,00000/- at a one time to SBI Magnum Taxgain Scheme- Dividend before 02 years then my unit value was Rs. 44.42. But today value of my unit is 37.22.
    Sir, please tell me what to do?
    Thankyou.
    23-Jan-2013 04:46 PM
  • MVRAO:
    Dear Sir,
    I was invested the aboue scheme Rs:20000/ so far i could not get any returns and I am interested to disposal as per rate.
    Kindly advise me in this regard.
    12-Jan-2013 02:16 PM
  • subhas biswas:
    it is a very good wealth making scheme
    05-Jan-2013 09:06 PM
  • Pallav Kumar:
    Date Dividend (Rs/unit)
    22-Mar-2012 Rs 3.50
    18-Mar-2011 Rs 4.00
    05-Mar-2010 Rs 4.00
    29-May-2009 Rs 2.80
    15-Feb-2008 Rs 11.00
    02-Mar-2007 Rs 11.00
    10-Mar-2006 Rs 15.00
    10-Jun-2005 Rs 10.20
    03-Jan-2013 07:48 AM
  • Pallav Kumar:
    For those who buy this fund at high price 60-70 its better if u remain invested in this scheme as its future is bright. It has a history of paying high dividends.
    03-Jan-2013 07:44 AM
  • Pallav Kumar:
    last dividend was declared on 22 March 2012 of Rs3.50 per unit.
    example- if u have 100 units u will get Rs 350.
    03-Jan-2013 07:39 AM
  • Pallav Kumar:
    Every body the current NAV of SBI Magnum Tax Gain DIVIDEND is Rs37.27 (1 Jan 2013)
    and NAV of SBI Magnum Tax Gain GROWTH is Rs67.56 (1 Jan 2013)
    03-Jan-2013 07:02 AM
  • arvind chougula:
    I purchased that time NAV-57 rs in 2007/08 still how many years req to reach this fig?. whether it will reach or not?
    02-Jan-2013 02:12 PM
  • suabl dey sarkar:
    I investment Rs 50000/-at 2008 that time NAV Rs. 69/- when recover this Amount pl. give advice
    01-Jan-2013 03:25 PM
  • gcsharma:
    what is the future of this fund?
    01-Jan-2013 11:45 AM
  • NVRAMANAMURTY:
    thank you very much for the updated NAV, may i request you to inform the dividends paid under the scheme for the last five years,and how can i know that the dividend is paid or not to me?
    29-Dec-2012 07:45 PM
  • rukmini gopal:
    I invested 5 lakhs in SBI magnum taxgain scheme 1993-divident option in 2008. the fund is doing very badly for the last two/three years. What do i do to get it at par at lease. Is there any switch option within the SBI group?
    27-Dec-2012 06:19 AM
  • Chetan:
    Planning to Invest 10K (approx 1000 units). Please suggest.
    21-Dec-2012 12:51 PM
  • veeranna h.v:
    management is poor
    15-Dec-2012 12:30 AM
  • SUMANA R HEGDE:
    is it possible to withdraw now for my daughter marriage. if possible what is the calculation method?
    13-Dec-2012 01:02 PM
  • SUMANA R HEGDE:
    calculation of unit by sip- information requested
    13-Dec-2012 12:59 PM
  • Bhupal Singh Negi:
    Dear F/M I want to know that sbi mt scheme was issued the dividend for the year 2011-12. because I don't received any statement at your end for the previous year. Please clarify.
    11-Dec-2012 01:21 PM
  • ANAND SRIVASTAVA:
    I had purchased the above fund and now I want to en cash them. I am not receiving the dividend also.
    Kindly advise me the process
    10-Dec-2012 08:30 AM