SBI Magnum TaxGain Scheme 1993 - Dividend - Regular Plan

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Fund Overview Dividend | Regular 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 - REGULAR PLAN - DIVIDEND 0.11 -12.91 -18.60 -3.97 0.54 14.82
S&P BSE 500 0.04 -13.00 -17.99 -1.26 2.94 12.66
S&P BSE 500 - TRI 0.13 -12.59 -16.84 -0.01 4.29 7.30
S&P BSE SENSEX - TRI -1.13 -12.72 -15.12 3.53 5.02 12.01

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 - REGULAR PLAN - DIVIDEND Mar 31, 1993 Unrated -18.60 -3.97 0.54 2.00 6,214.53
Axis Long Term Equity Fund - Regular Plan - Dividend Dec 29, 2009 -9.72 4.32 5.99 1.72 19,632.01
Aditya Birla Sun Life Tax Relief '96 - Dividend Option Mar 29, 1996 -13.12 0.54 4.88 1.94 9,371.50
Nippon India Tax Saver (ELSS) Fund- Dividend Plan- Annual Dividend Payout Option Feb 10, 2015 Unrated -30.86 -11.94 -3.71 2.02 7,994.60
Nippon India Tax Saver (ELSS) Fund-Dividend Plan-Dividend Option Sep 21, 2005 Unrated -31.03 -11.93 -3.71 2.02 7,994.60
HDFC TaxSaver-Dividend Plan Mar 31, 1996 Unrated -25.71 -7.22 -0.25 1.96 5,844.64

Fund Holdings as on 30-April-2020

  • TREPS

  • Bharti Airtel Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • Housing Development Finance Corporation Ltd.

  • Reliance Industries Ltd.

  • Ambuja Cements Ltd.

  • Cipla Ltd.

  • Larsen & Toubro Ltd.

  • State Bank of India

  • ITC Ltd.

  • Tata Consultancy Services Ltd.

  • Infosys Ltd.

  • Axis Bank Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • Rallis India Ltd.

  • Alkem Laboratories Ltd.

  • Mahindra & Mahindra Ltd.

  • Kotak Mahindra Bank Ltd.

  • Page Industries Ltd.

  • Torrent Power Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Tech Mahindra Ltd.

  • JK Cement Ltd.

  • HCL Technologies Ltd.

  • Lupin Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Colgate Palmolive (India) Ltd.

  • Sanofi India Ltd.

  • Cummins India Ltd.

  • Strides Pharma Science Ltd.

  • Vedanta Ltd.

  • IRB Infrastructure Developers Ltd.

  • Narayana Hrudayalaya Ltd.

  • Torrent Pharmaceuticals Ltd.

  • The New India Assurance Company Ltd.

  • Thermax Ltd.

  • Indian Oil Corporation Ltd.

  • GAIL (India) Ltd.

  • ABB India Ltd.

  • JSW Energy Ltd.

  • GE T&D India Ltd.

  • Bajaj Finance Ltd.

  • Marico Ltd.

  • ACC Ltd.

  • Emami Ltd.

  • Hero MotoCorp Ltd.

  • Maruti Suzuki India Ltd.

  • Aster DM Healthcare Ltd.

  • Bharat Heavy Electricals Ltd.

  • The Federal Bank Ltd.

  • Tata Motors DVR Ltd.

  • VA Tech Wabag Ltd.

  • Punjab National Bank

  • Net Receivable / Payable

  • NTPC Ltd.

  • ABB Power Products & Systems India Ltd.

  • Dynamatic Technologies Ltd.

  • Shree Cement Ltd.

  • Manpasand Beverages Ltd.

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  • Bank - Private

  • Pharmaceuticals & Drugs

  • IT - Software

  • Insurance

  • Miscellaneous

  • Cement & Construction Materials

  • Telecommunication - Service Provider

  • Refineries

  • Engineering - Construction

  • Finance - Housing

  • Bank - Public

  • Power Generation/Distribution

  • Cigarettes/Tobacco

  • Automobiles - Passenger Cars

  • Consumer Durables - Domestic Appliances

  • Pesticides & Agrochemicals

  • Household & Personal Products

  • Textile

  • Electric Equipment

  • Finance - Stock Broking

  • Hospital & Healthcare Services

  • Engineering - Industrial Equipments

  • Diesel Engines

  • Metal - Non Ferrous

  • Industrial Gases & Fuels

  • Finance - NBFC

  • Consumer Food

  • Automobile Two & Three Wheelers

  • Unspecified

  • Compressors / Pumps

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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

  • 06/03/2020

  • 08/03/2019

  • 09/03/2018

  • 17/03/2017

  • 11/03/2016

  • 27/03/2015

  • 28/03/2014

  • 28/03/2013

  • 22/03/2012

  • 18/03/2011

  • 05/03/2010

  • 29/05/2009

  • 15/02/2008

  • 02/03/2007

  • 13/03/2006

  • 13/06/2005

  • 01/11/2004

  • 29/03/2004

  • 01/01/2004

  • 29/09/2003

  • 16/12/1999

  • 16/08/1996

  • 05/05/1995

  • Cash

  • Equity

  • Rights

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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 31-Mar-1993 and currently has an AUM of ₹6,214.53 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 up ₹0.51(1.75%)yesterday to ₹29.8947.

Among its top 3 holdings the fund has exposure to TREPS, 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