How can I check my SBI Magnum tax Gain?
1. Contact SBI Mutual Fund using this link and submit your Folio number or PAN Number. If your email Id is registered with them, you will get the statement instantaneously.
What is NAV of SBI Magnum tax Gain?
SBI Magnum Long Term Equity Scheme Direct Growth – Regular – Latest NAV [ ₹237.7173 ], Returns, Performance, Portfolio & Returns 2021.
What is the new name of SBI Magnum tax Gain?
SBI Long Term Equity Fund
SBI Mutual Fund proposes to change the name of SBI Magnum Taxgain Fund to SBI Long Term Equity Fund with effect from February 17, 2020.
What is the present value of SBI Long Term Equity Fund Reg growth?
Returns (NAV as on 10th December, 2021)
| Period Invested for | ₹10000 Invested on | Rank within Category |
|---|---|---|
| YTD | 01-Jan-21 | 39/63 |
| 1 Year | 10-Dec-20 | 41/63 |
| 2 Year | 10-Dec-19 | 32/63 |
| 3 Year | 10-Dec-18 | 37/60 |
How can I redeem SBI Magnum tax Gain?
FAQs on SBI Magnum Tax Gain
- Visit the official website of SBI Mutual Fund or simple click here to access the same page and login with the necessary details.
- Select the fund from which you want to redeem and choose the number of units or amount.
- Confirm your request.
What is folio number?
In mutual funds, a folio number is a unique number identifying your account with the fund. A folio number also records items such as how much money each investor has placed with the fund, their transaction history, and contact details. A folio number can also be used to identify journal entries or parcels of land.
Which SBI mutual fund is tax free?
SBI Magnum Taxgain Scheme, an Equity Linked Savings Scheme (ELSS) with a track record of over 23 years, allows you to save tax and benefit from investing in equity markets with potential for returns that can beat inflation in the long term and be exempt from tax as per current regulations (for investments made by …
Is SBI Long Term Equity Fund tax saving?
An open-ended Equity Linked Saving Scheme with a statutory lock-in-period of 3 years and tax benefit.
How can I redeem my SBI Smart Fund?
Select the transaction type as purchase or redeem. Select from your previous folio numbers or a new folio number. Put amount you wish to invest or redeem in the field provided. the drop down and click on Terms and Conditions..
How can I redeem my SBI Bluechip fund?
You simply have to log-on to the ‘Online Transaction’ page of the desired Mutual Fund and log-in using your Folio Number and/or the PAN, select the Scheme and the number of units (or the amount) you wish to redeem and confirm your transaction.