SBI Magnum TaxGain Scheme 1993 - Growth - Regular Plan

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  • (-2.96%)Nav, as on 01-04-2020

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  • Net Change on 01-04-2020

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  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | 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- GROWTH -25.53 -29.12 -30.18 -7.06 -2.54 13.63
S&P BSE 500 -26.65 -31.64 -30.21 -5.29 -0.83 11.86
S&P BSE 500 - TRI -26.39 -31.30 -29.23 -4.07 0.48 5.87
S&P BSE SENSEX - TRI -26.00 -31.36 -26.39 -0.32 1.34 11.32

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- GROWTH Mar 31, 1993 -30.18 -7.06 -2.54 1.99 7,098.46
Axis Long Term Equity Fund - Regular Plan - Growth Dec 29, 2009 -15.38 2.51 3.42 1.70 21,658.58
Aditya Birla Sun Life Tax Relief '96 - Growth Option Mar 10, 2008 -24.00 -2.15 1.95 1.71 10,072.72
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option Sep 21, 2005 Unrated -37.54 -13.72 -6.36 1.72 9,527.73
HDFC TaxSaver-Growth Plan Mar 31, 1996 Unrated -35.57 -9.88 -3.17 1.83 6,748.51
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth Aug 19, 1999 -30.08 -6.33 -0.53 1.87 6,297.91

Fund Holdings as on 29-February-2020

  • HDFC Bank Ltd.

  • Reverse Repo

  • ICICI Prudential Life Insurance Company Ltd.

  • Axis Bank Ltd.

  • Infosys Ltd.

  • ICICI Bank Ltd.

  • State Bank of India

  • Bharti Airtel Ltd.

  • Larsen & Toubro Ltd.

  • Ambuja Cements Ltd.

  • Reliance Industries Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • ITC Ltd.

  • Tata Consultancy Services Ltd.

  • Mahindra & Mahindra Ltd.

  • Rallis India Ltd.

  • JK Cement Ltd.

  • Cipla Ltd.

  • Cummins India Ltd.

  • Housing Development Finance Corporation Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Kotak Mahindra Bank Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Alkem Laboratories Ltd.

  • Torrent Power Ltd.

  • HCL Technologies Ltd.

  • Vedanta Ltd.

  • Bharat Petroleum Corporation Ltd.

  • IRB Infrastructure Developers Ltd.

  • Strides Pharma Science Ltd.

  • Sanofi India Ltd.

  • Colgate Palmolive (India) Ltd.

  • Lupin Ltd.

  • Narayana Hrudayalaya Ltd.

  • Thermax Ltd.

  • HDFC Life Insurance Company Ltd.

  • ABB India Ltd.

  • Tech Mahindra Ltd.

  • GE T&D India Ltd.

  • Indian Oil Corporation Ltd.

  • Emami Ltd.

  • JSW Energy Ltd.

  • Aster DM Healthcare Ltd.

  • GAIL (India) Ltd.

  • The Federal Bank Ltd.

  • The New India Assurance Company Ltd.

  • Shree Cement Ltd.

  • CESC Ltd.

  • ACC Ltd.

  • Marico Ltd.

  • Bharat Heavy Electricals Ltd.

  • TREPS

  • Tata Motors DVR Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • VA Tech Wabag Ltd.

  • Punjab National Bank

  • Elgi Equipments Ltd.

  • Dynamatic Technologies Ltd.

  • ABB Power Products & Systems India Ltd.

  • Manpasand Beverages Ltd.

  • Net Receivable / Payable

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  • Bank - Private

  • IT - Software

  • Insurance

  • Pharmaceuticals & Drugs

  • Cement & Construction Materials

  • Miscellaneous

  • Refineries

  • Engineering - Construction

  • Bank - Public

  • Telecommunication - Service Provider

  • Power Generation/Distribution

  • Consumer Durables - Domestic Appliances

  • Cigarettes/Tobacco

  • Automobiles - Passenger Cars

  • Pesticides & Agrochemicals

  • Household & Personal Products

  • Electric Equipment

  • Hospital & Healthcare Services

  • Diesel Engines

  • Finance - Housing

  • Engineering - Industrial Equipments

  • Finance - Stock Broking

  • Metal - Non Ferrous

  • Industrial Gases & Fuels

  • Consumer Food

  • Compressors / Pumps

  • Oil Exploration

  • Unspecified

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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 ₹7,098.46 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 ₹-3.1(-2.96%)yesterday to ₹101.6718.

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

  • Cash

  • Equity

  • Rights

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