Sbi Magnum Taxgain '93

[marghadedk]

SBI Magnum Tax Gain

Has SBI Magnum TaxGain lost its charm?

 

[sanjit647]

Definitely not. It is still a most sought after fund for tax relief as well as dividend earning.From 2005, I am regularly investing in this fundhttp://www.traderji.com/images/smilies/smile.gif

 

[Vicky78]

Re: SBI Magnum Tax Gain

Has SBI Magnum TaxGain lost its charm?

With the rise Sundaram taxsaver maybe magnum taxgain has been pushed to the second spot. But it is still a good fund with a fairly good track record since its inception.

 

[panreth]

Hi,


I have invested some amnt in taxgain MF at the time whne sensex was 20K and each unit cost me Rs.69(today it is at Rs 42 ).
Can i still hope of some gain fron this scheme say after the lock in period ends (3 yrs)???Because only when NAV value ccrosses the 69 mark then only ,i feel i can obtain some profit???
I m right in this approximation or on some other basis the profit is calulated??

kindly help...

Pankaj