SBI Magnum TaxGain Scheme 1993 - Dividend - Direct Plan

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Fund Overview Dividend | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
SBI Long Term Equity Fund - DIRECT PLAN -DIVIDEND -0.83 2.45 9.58 6.93 5.36 11.95
S&P BSE 500 -1.24 3.16 12.32 9.54 6.82 14.01
S&P BSE 500 - TRI -1.20 3.23 13.57 10.87 8.16 9.42
S&P BSE SENSEX - TRI -1.64 2.43 16.24 14.71 8.63 13.18

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
SBI Long Term Equity Fund - DIRECT PLAN -DIVIDEND Jan 01, 2013 9.58 6.93 5.36 1.29 7,581.91
Axis Long Term Equity Fund - Direct Plan - Dividend option Jan 01, 2013 26.21 17.30 11.98 0.91 21,996.95
Nippon India Tax Saver (ELSS) Fund- Direct Plan-Dividend Plan- Annual Dividend Payout Option Feb 10, 2015 Unrated 8.30 1.92 2.32 1.28 10,583.85
Nippon India Tax Saver Fund - Direct Plan Dividend Plan - Dividend Payout Option Jan 01, 2013 Unrated 9.00 1.98 2.31 1.28 10,583.85
Aditya Birla Sun Life Tax Relief 96 - Dividend - Direct Plan Jan 01, 2013 13.33 12.61 9.78 0.80 10,308.05
HDFC TaxSaver -Direct Plan - Dividend Option Dec 31, 2012 Unrated 6.71 4.78 4.67 1.27 7,326.69

Fund Holdings as on 31-January-2020

  • HDFC Bank Ltd.

  • Axis Bank Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • Larsen & Toubro Ltd.

  • Infosys Ltd.

  • ICICI Bank Ltd.

  • State Bank of India

  • Bharti Airtel Ltd.

  • Reliance Industries Ltd.

  • Ambuja Cements Ltd.

  • ITC Ltd.

  • TREPS

  • Mahindra & Mahindra Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • Tata Consultancy Services Ltd.

  • Rallis India Ltd.

  • Cipla Ltd.

  • Cummins India Ltd.

  • JK Cement Ltd.

  • Housing Development Finance Corporation Ltd.

  • GAIL (India) Ltd.

  • Vedanta Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Kotak Mahindra Bank Ltd.

  • Multi Commodity Exchange of India Ltd.

  • HCL Technologies Ltd.

  • IRB Infrastructure Developers Ltd.

  • Torrent Power Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Alkem Laboratories Ltd.

  • Lupin Ltd.

  • Strides Pharma Science Ltd.

  • Thermax Ltd.

  • Colgate Palmolive (India) Ltd.

  • Narayana Hrudayalaya Ltd.

  • Sanofi India Ltd.

  • The New India Assurance Company Ltd.

  • HDFC Life Insurance Company Ltd.

  • ABB India Ltd.

  • Tech Mahindra Ltd.

  • Emami Ltd.

  • Indian Oil Corporation Ltd.

  • GE T&D India Ltd.

  • JSW Energy Ltd.

  • Bharat Heavy Electricals Ltd.

  • Aster DM Healthcare Ltd.

  • The Federal Bank Ltd.

  • CESC Ltd.

  • ACC Ltd.

  • Shree Cement Ltd.

  • Marico Ltd.

  • Tata Motors DVR Ltd.

  • Punjab National Bank

  • Oil & Natural Gas Corporation Ltd.

  • VA Tech Wabag Ltd.

  • Elgi Equipments Ltd.

  • Dynamatic Technologies Ltd.

  • ABB Power Products & Systems India Ltd.

  • Net Receivable / Payable

  • Spencer's Retail Ltd.

  • Manpasand Beverages Ltd.

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  • Bank - Private

  • IT - Software

  • Insurance

  • Pharmaceuticals & Drugs

  • Cement & Construction Materials

  • Engineering - Construction

  • Refineries

  • Bank - Public

  • Telecommunication - Service Provider

  • Power Generation/Distribution

  • Miscellaneous

  • Cigarettes/Tobacco

  • Automobiles - Passenger Cars

  • Consumer Durables - Domestic Appliances

  • Household & Personal Products

  • Pesticides & Agrochemicals

  • Engineering - Industrial Equipments

  • Electric Equipment

  • Hospital & Healthcare Services

  • Diesel Engines

  • Finance - Housing

  • Industrial Gases & Fuels

  • Metal - Non Ferrous

  • Finance - Stock Broking

  • Consumer Food

  • Compressors / Pumps

  • Oil Exploration

  • Unspecified

  • Retailing

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About SBI Long Term Equity Fund

Scheme Analysis

SBI Long Term Equity Fund is a Equity - ELSS fund and belongs to SBI Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹7,581.91 crore. SBI Long Term Equity Fund is benchmarked against S&P BSE 500 as primary index and S&P BSE 500 - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of SBI Long Term Equity Fund ended down ₹-0.24(-0.47%)yesterday to ₹51.0529.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The SBI Long Term Equity Fund is managed by Dinesh Balachandran .

Fund House Contact

191, Maker Tower 'E' Cuffe Parade Mumbai - 400 005

022 - 22180221-27
022 - 22189663
www.sbimf.com

Fund Manager

  • Education:B. Tech (IIT-B) and M. S. (MIT, USA)
  • Experience:11 Years
  • Basic Details:Mr. Dinesh has over 11 years of experience in the industry primarily as Research Analyst. Prior to joining SBIFM, Dinesh was Research Analyst with Fidelity Investments, USA for ten years. Dinesh is a B. Tech (IIT-B) and M. S. (MIT, USA). He is also a charter holder of the CFA Institute, USA.
  • Funds Managed:
  • SBI Contra Fund
  • SBI Dynamic Asset Allocation Fund
  • SBI Long Term Equity Fund

Most Recent Dividend

  • 08/03/2019

  • 09/03/2018

  • 17/03/2017

  • 11/03/2016

  • 27/03/2015

  • Cash

  • Equity

  • Rights

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