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: 1.62% As on (31-05-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 23,887.64 Cr As on (31-05-2024) |
| Turn over: 20% | Exit Load: Nil |
420.9715
-0.02 (-0.0054%)
12.7%
Benchmark: 15.09%
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 | 13.09 |
| Sharpe Ratio | 1.46 |
| Alpha | 7.44 |
| 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 | 56.91 | 44.07 | 27.7 | 24.01 | 16.21 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 59.23 | 44.65 | 25.3 | 22.78 | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 59.19 | 41.32 | 24.22 | 27.34 | 18.57 |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 58.87 | 39.29 | 26.99 | 33.22 | 24.82 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 55.66 | 39.82 | 18.99 | - | - |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 50.38 | 38.95 | 24.26 | 22.49 | 17.6 |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 48.05 | 33.91 | 21.01 | 21.82 | 17.49 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 47.92 | 36.55 | 26.49 | 19.71 | 14.03 |
| Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 47.13 | 35.02 | 21.71 | 19.7 | 15.96 |
| HSBC ELSS Tax saver Fund - Regular Growth | 01-01-2013 | 47.07 | 36.28 | 20.64 | 18.85 | 15.22 |
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
14.68%
Others
11.0%
Large Cap
52.27%
Mid Cap
22.05%
