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SBI Magnum Long Term Equity Scheme Direct Growth

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previously known as SBI Magnum Tax Gain Dir Gr until

136.646 (0.733%)
NAV on July 03, 2020
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Growth
Total Assets 6,159 cr
Turnover Ratio 57.60%
Expense Ratio 1.33%
Exit Load -
Returns
  • 1M: 6.47%
  • 1Y: -9.11%
  • 3M: 29.72%
  • 3Y: -0.31%
  • 6M: -9.65%
  • 5Y: 2.93%
Min Investment 500
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ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since almost 4 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 16.58
P/B Ratio 1.92
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 -2.67
Beta 0.98
R-Squared 97.53
Info Ratio -0.78
Tracking Err 3.40
Sortino -0.097
Sharpe -0.075
Std Dev 21.405
Risk Average
SECTOR WEIGHTINGS (%)
Financial 25.97%
Industrial 9.3%
Technology 10.52%
Basic Materials 10.67%
Consumer Cyclical 8.72%
Utilities Services 3.57%
Healthcare Services 15.08%
Energy Services 6.05%
Communication Services 5.63%
Consumer Defensive 4.48%
Real Estate 0.00%
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
Boi axa
BOI AXA Tax Advantage Fund-Direct Plan- Growth
57.900 2.99% 248 cr 1.51% Above Average
Birla new
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan
32.200 -2.45% 9,177 cr 0.94% Below Average
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
18.359 -4.02% 3,141 cr 0.25% Above Average
Canara robeco mutual fund
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option
67.340 -4.33% 929 cr 1.19% Below Average
Religare invesco mutual fund
Invesco India Tax Plan - Direct Plan - Growth
54.390 -4.80% 916 cr 1.35% Average
Axis
Axis Long Term Equity Fund Direct Plan Growth Option
47.579 -5.18% 19,127 cr 0.93% Below Average
L t mutual fund
L&T Tax Advantage Fund Direct Plan Growth Option
50.714 -10.97% 2,660 cr 1.45% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Ppfas
Parag Parikh Tax Saver Fund Direct Growth
10.656 — 39 cr 1.19% -
Boi axa
BOI AXA Tax Advantage Fund-Direct Plan- Growth
57.900 2.99% 248 cr 1.51% Above Average
Birla new
Aditya Birla Sun Life Tax Relief 96 Growth Direct Plan
32.200 -2.45% 9,177 cr 0.94% Below Average
Bnp
BNP Paribas Long Term Equity Fund Direct Plan Growth Option
40.249 -2.53% 399 cr 1.19% Low
Mirae
Mirae Asset Tax Saver Fund -Direct Plan-Growth
18.359 -4.02% 3,141 cr 0.25% Above Average
Canara robeco mutual fund
Canara Robeco Equity Taxsaver - Direct Plan - Growth Option
67.340 -4.33% 929 cr 1.19% Below Average
Religare invesco mutual fund
Invesco India Tax Plan - Direct Plan - Growth
54.390 -4.80% 916 cr 1.35% Average


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