Latest NAV & returns of SBI MUTUAL FUND

SBI Magnum Long Term Equity Scheme Direct Growth

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previously known as SBI Magnum Tax Gain Dir Gr until

NAV on September 23, 2021
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Blend
Total Assets 10,687 cr
Turnover Ratio 57.60%
Expense Ratio 1.23%
Exit Load -
Returns
  • 1M: 7.98%
  • 1Y: 60.38%
  • 3M: 11.01%
  • 3Y: 17.51%
  • 6M: 21.98%
  • 5Y: 13.32%
Min Investment 500
ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since about 5 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 24.35
P/B Ratio 2.83
Launch Date January 01, 2013
Benchmark S&P BSE 500 India TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs S&P BSE 500 India TR INR

Alpha -0.32
Beta 0.95
R-Squared 97.14
Info Ratio -0.21
Tracking Err 3.91
Sortino 0.678
Sharpe 0.490
Std Dev 21.963
Risk Average
SECTOR WEIGHTINGS (%)
Financial 27.07%
Industrial 15.27%
Technology 11.61%
Basic Materials 7.99%
Consumer Cyclical 10.87%
Utilities Services 3.07%
Healthcare Services 10.11%
Energy Services 5.83%
Communication Services 3.51%
Consumer Defensive 2.69%
Real Estate 1.98%
INVESTMENT OBJECTIVE

To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
115.030 75.40% 512 cr 1.66% Average
85.185 72.67% 33,871 cr 0.77% Below Average
34.154 71.31% 9,401 cr 0.45% Above Average
125.020 66.76% 2,680 cr 0.81% Below Average
589.469 68.56% 1,363 cr Above Average
85.615 57.18% 3,652 cr 1.21% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
104.330 81.57% 3,339 cr 0.85% High
82.996 77.62% 12,385 cr 1.18% High
88.140 75.96% 9,675 cr 0.87% Above Average
926.618 75.60% 4,877 cr 1.04% Above Average
20.835 75.57% 409 cr 0.73% Below Average
115.030 75.40% 512 cr 1.66% Average
30.049 75.39% 2,400 cr 0.75% Above Average


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