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 TRI |
| TER: 1.59% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 27,559.31 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: 20% | Exit Load: Nil |
441.5046
0.84 (0.1909%)
12.68%
Benchmark: 12.79%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 500 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 | 13.92 |
| Sharpe Ratio | 1.24 |
| Alpha | 7.54 |
| Beta | 0.98 |
| 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 | 38.22 | 34.37 | 25.15 | 25.89 | 15.3 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 55.16 | 41.49 | 27.77 | 25.25 | - |
| HSBC ELSS Tax saver Fund - Regular Growth | 01-01-2013 | 42.26 | 31.25 | 20.26 | 20.99 | 14.59 |
| HSBC Tax Saver Equity Fund - Growth | 05-01-2007 | 40.45 | 29.53 | 19.86 | 21.23 | 14.11 |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 38.23 | 30.22 | 20.37 | 23.2 | 16.3 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 37.22 | 30.58 | - | - | - |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 33.83 | 28.26 | 20.17 | 22.88 | 16.52 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 33.74 | 31.17 | 20.52 | 19.61 | - |
| Invesco India ELSS Tax Saver Fund - Growth | 29-12-2006 | 33.56 | 28.45 | 16.32 | 20.36 | 14.89 |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 33.51 | 30.16 | 20.21 | 26.8 | 17.18 |
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
12.09%
Others
9.1%
Large Cap
55.87%
Mid Cap
22.94%
