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: 1.61% As on (30-06-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 25,731.54 Cr As on (30-06-2024) |
| Turn over: 20% | Exit Load: Nil |
439.0028
6.79 (1.5466%)
12.82%
Benchmark: 15.12%
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 | 13.38 |
| Sharpe Ratio | 1.42 |
| Alpha | 8.79 |
| Beta | 0.93 |
| 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 | 55.92 | 42.74 | 28.71 | 26.12 | 16.42 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 56.03 | 40.85 | 24.15 | 24.35 | - |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 55.15 | 36.7 | 25.62 | 34.95 | 24.46 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 54.56 | 37.72 | 19.68 | - | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 54.21 | 38.11 | 22.73 | 29.15 | 18.43 |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 50.87 | 36.94 | 24.68 | 24.72 | 17.76 |
| NJ ELSS Tax Saver Scheme Regular Growth | 16-06-2023 | 48.57 | - | - | - | - |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 48.13 | 33.71 | 21.76 | 24.0 | 17.77 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 46.78 | 35.79 | 26.76 | 22.01 | 14.38 |
| HSBC ELSS Tax saver Fund - Regular Growth | 01-01-2013 | 46.55 | 33.81 | 20.63 | 20.56 | 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
15.69%
Others
11.57%
Large Cap
51.12%
Mid Cap
21.62%
