SBI Magnum TaxGain Scheme 1993 - Growth - Regular Plan

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  • (-1.18%)Nav, as on 22-01-2021

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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 8.18 21.94 19.96 4.72 11.77 15.48
S&P BSE 500 7.15 21.69 19.31 6.76 13.90 14.29
S&P BSE 500 - TRI 7.17 21.97 20.97 8.13 15.35 10.32
S&P BSE SENSEX - TRI 6.26 20.74 20.35 12.26 16.32 13.48

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 19.96 4.72 11.77 1.90 8,766.65
Axis Long Term Equity Fund - Regular Plan - Growth Dec 29, 2009 20.83 11.39 15.76 1.62 27,180.98
Aditya Birla Sun Life Tax Relief '96 - Growth Option Mar 10, 2008 16.24 5.18 13.22 1.86 13,037.35
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option Sep 21, 2005 Unrated 3.38 -6.28 6.74 1.96 10,563.69
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth Aug 19, 1999 15.80 7.56 12.33 2.06 7,784.10
HDFC TaxSaver-Growth Plan Mar 31, 1996 Unrated 9.49 0.04 10.65 1.95 7,737.35

Fund Holdings as on 31-December-2020

  • Reliance Industries Ltd.

  • TREPS

  • Cipla Ltd.

  • Bharti Airtel Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • ICICI Bank Ltd.

  • Tech Mahindra Ltd.

  • Larsen & Toubro Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • HDFC Bank Ltd.

  • Ambuja Cements Ltd.

  • State Bank of India

  • Infosys Ltd.

  • Housing Development Finance Corporation Ltd.

  • Mahindra & Mahindra Ltd.

  • Page Industries Ltd.

  • Tata Consultancy Services Ltd.

  • Torrent Power Ltd.

  • Lupin Ltd.

  • ITC Ltd.

  • Strides Pharma Science Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Rallis India Ltd.

  • Multi Commodity Exchange of India Ltd.

  • Wipro Ltd.

  • Alkem Laboratories Ltd.

  • Cummins India Ltd.

  • Emami Ltd.

  • IRB Infrastructure Developers Ltd.

  • The Federal Bank Ltd.

  • GE T&D India Ltd.

  • Indian Oil Corporation Ltd.

  • Narayana Hrudayalaya Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • Mahindra & Mahindra Financial Services Ltd.

  • Maruti Suzuki India Ltd.

  • Axis Bank Ltd.

  • HCL Technologies Ltd.

  • Sanofi India Ltd.

  • Sundaram Clayton Ltd.

  • JSW Energy Ltd.

  • Britannia Industries Ltd.

  • AIA Engineering Ltd.

  • ABB India Ltd.

  • The New India Assurance Company Ltd.

  • Aster DM Healthcare Ltd.

  • The Phoenix Mills Ltd.

  • Computer Age Management Services Ltd.

  • Bharat Heavy Electricals Ltd.

  • ACC Ltd.

  • Tata Motors DVR Ltd.

  • Exide Industries Ltd.

  • Reliance Industries Ltd.

  • VA Tech Wabag Ltd.

  • Marico Ltd.

  • Colgate Palmolive (India) Ltd.

  • GAIL (India) Ltd.

  • Punjab National Bank

  • Manpasand Beverages Ltd.

  • Net Receivable / Payable

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  • Pharmaceuticals & Drugs

  • IT - Software

  • Bank - Private

  • Refineries

  • Insurance

  • Engineering - Construction

  • Miscellaneous

  • Telecommunication - Service Provider

  • Cement & Construction Materials

  • Automobiles - Passenger Cars

  • Consumer Durables - Domestic Appliances

  • Bank - Public

  • Finance - Housing

  • Power Generation/Distribution

  • Textile

  • Electric Equipment

  • Cigarettes/Tobacco

  • Pesticides & Agrochemicals

  • Household & Personal Products

  • Finance - Stock Broking

  • Hospital & Healthcare Services

  • Diesel Engines

  • Engineering - Industrial Equipments

  • Consumer Food

  • Finance - NBFC

  • Auto Ancillary

  • Construction - Real Estate

  • BPO/ITeS

  • Batteries

  • Industrial Gases & Fuels

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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

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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 ₹8,766.65 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 ₹-2.11(-1.18%)yesterday to ₹176.8367.

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