SBI Long Term Equity Fund - Regular Plan- Growth
(Erstwhile SBI Magnum Taxgain Scheme 1993 - Regular Plan- Growth)
Fund House: SBI Mutual Fund| Category: Equity: ELSS |
| Launch Date: 31-03-1993 |
| Asset Class: Equity |
| Benchmark: BSE 500 |
| TER: 1.59% As on (30-09-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 28,732.51 Cr As on 30-09-2024(Source:AMFI) |
| Turn over: 20% | Exit Load: Nil |
429.8423
-1.51 (-0.3511%)
12.63%
Benchmark: 14.85%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 4 Months
6 Years 9 Months
6 Years 10 Months
21 Years 5 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 13.52 |
| Sharpe Ratio | 1.39 |
| Alpha | 9.53 |
| Beta | 0.96 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 48.01 | 34.35 | 23.21 | 24.41 | 15.18 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 60.41 | 38.09 | 23.86 | 23.26 | - |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 45.9 | 30.6 | 18.14 | 21.72 | 16.19 |
| HSBC ELSS Tax saver Fund - Regular Growth | 01-01-2013 | 44.37 | 27.3 | 17.77 | 19.09 | 14.02 |
| HSBC Tax Saver Equity Fund - Growth | 05-01-2007 | 44.09 | 26.95 | 16.76 | 19.88 | 13.57 |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 43.79 | 27.76 | 17.77 | 21.51 | 16.37 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 42.28 | 29.15 | 17.15 | 18.16 | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 41.04 | 27.31 | 17.83 | 25.14 | 16.69 |
| BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option | 01-01-2013 | 40.95 | 25.84 | 14.53 | 18.18 | 13.29 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 40.86 | 27.01 | - | - | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
11.31%
Others
9.09%
Large Cap
56.43%
Mid Cap
23.37%
