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: S&P BSE 500 TRI
Expense Ratio: 1.79% As on (31-10-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 11,599.86 Cr As on (31-10-2022)
Turn over: 14% | Exit Load: Nil

245.2568

11.37%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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

Volatility 13.43
Sharp Ratio 0.72
Alpha 0.49
Beta 0.95
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 12.55 23.11 20.27 11.62 13.83
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 18.64 40.93 39.8 23.11 20.88
HDFC Taxsaver - Growth Plan 05-03-1996 16.4 27.13 18.38 9.63 13.31
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 12.99 21.99 17.43 11.91 -
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 12.11 23.6 24.38 - -
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 12.02 25.88 16.76 5.17 13.1
Kotak Tax Saver-Scheme-Growth 01-11-2005 11.76 22.41 19.18 13.56 14.53
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 11.71 24.49 20.67 13.13 -
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 11.55 28.39 24.42 13.17 16.6
Franklin India Taxshield-Growth 05-04-1999 11.2 23.54 18.5 11.84 14.68

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

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

11.73%

Others

9.72%

Large Cap

57.16%

Mid Cap

21.39%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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