SBI Magnum TaxGain Scheme 1993 - Growth - Regular Plan

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  • 0.43 %Nav, as on 23-10-2020

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  • Net Change on 23-10-2020

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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 3.81 6.82 4.11 1.19 4.69 14.80
S&P BSE 500 6.31 7.46 3.48 3.05 7.29 13.45
S&P BSE 500 - TRI 6.40 7.73 4.79 4.35 8.63 8.83
S&P BSE SENSEX - TRI 8.16 6.97 5.37 9.07 9.54 12.77

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 Unrated 4.11 1.19 4.69 2.12 7,414.23
Axis Long Term Equity Fund - Regular Plan - Growth Dec 29, 2009 -0.86 6.21 8.84 1.72 21,835.55
Aditya Birla Sun Life Tax Relief '96 - Growth Option Mar 10, 2008 3.95 2.20 7.98 1.89 11,122.53
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option Sep 21, 2005 Unrated -9.67 -8.92 0.78 2.06 8,783.37
HDFC TaxSaver-Growth Plan Mar 31, 1996 Unrated -6.04 -2.73 3.84 2.02 6,586.89
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth Aug 19, 1999 0.29 4.06 6.29 2.08 6,327.85

Fund Holdings as on 30-September-2020

  • Reliance Industries Ltd.

  • Cipla Ltd.

  • TREPS

  • ICICI Prudential Life Insurance Company Ltd.

  • Mahindra & Mahindra Ltd.

  • Ambuja Cements Ltd.

  • Bharti Airtel Ltd.

  • Tech Mahindra Ltd.

  • Larsen & Toubro Ltd.

  • ICICI Bank Ltd.

  • Tata Consultancy Services Ltd.

  • HDFC Bank Ltd.

  • Housing Development Finance Corporation Ltd.

  • Kotak Mahindra Bank Ltd.

  • Infosys Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • State Bank of India

  • Lupin Ltd.

  • Rallis India Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Torrent Power Ltd.

  • Page Industries Ltd.

  • Alkem Laboratories Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Strides Pharma Science Ltd.

  • Wipro Ltd.

  • IRB Infrastructure Developers Ltd.

  • ITC Ltd.

  • Vedanta Ltd.

  • Emami Ltd.

  • Cummins India Ltd.

  • Info Edge (India) Ltd.

  • Colgate Palmolive (India) Ltd.

  • Sanofi India Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Narayana Hrudayalaya Ltd.

  • GE T&D India Ltd.

  • ACC Ltd.

  • DLF Ltd.

  • The Federal Bank Ltd.

  • Bharat Petroleum Corporation Ltd.

  • JSW Energy Ltd.

  • The New India Assurance Company Ltd.

  • Indian Oil Corporation Ltd.

  • ABB India Ltd.

  • Sundaram Clayton Ltd.

  • Aster DM Healthcare Ltd.

  • Reliance Industries Ltd.

  • Computer Age Management Services Ltd.

  • Bharat Heavy Electricals Ltd.

  • Tata Motors DVR Ltd.

  • Exide Industries Ltd.

  • VA Tech Wabag Ltd.

  • Marico Ltd.

  • Punjab National Bank

  • Axis Bank Ltd.

  • Manpasand Beverages Ltd.

  • Net Receivable / Payable

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  • Pharmaceuticals & Drugs

  • IT - Software

  • Bank - Private

  • Refineries

  • Insurance

  • Engineering - Construction

  • Cement & Construction Materials

  • Miscellaneous

  • Automobiles - Passenger Cars

  • Telecommunication - Service Provider

  • Finance - Housing

  • Power Generation/Distribution

  • Consumer Durables - Domestic Appliances

  • Bank - Public

  • Household & Personal Products

  • Pesticides & Agrochemicals

  • Finance - Stock Broking

  • Textile

  • BPO/ITeS

  • Electric Equipment

  • Hospital & Healthcare Services

  • Cigarettes/Tobacco

  • Metal - Non Ferrous

  • Diesel Engines

  • Construction - Real Estate

  • Auto Ancillary

  • Engineering - Industrial Equipments

  • Batteries

  • Consumer Food

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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

  • 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 ₹7,414.23 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 ₹0.63(0.43%)yesterday to ₹145.6418.

Among its top 3 holdings the fund has exposure to Reliance Industries 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