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 May 20, 2022
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Blend
Total Assets 10,575 cr
Turnover Ratio 57.60%
Expense Ratio 1.20%
Exit Load -
Returns
  • 1M: -6.89%
  • 1Y: 8.86%
  • 3M: -5.33%
  • 3Y: 13.42%
  • 6M: -10.49%
  • 5Y: 10.23%
Min Investment 500
ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since over 5 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 19.04
P/B Ratio 2.59
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 -0.78
Beta 0.96
R-Squared 96.20
Info Ratio -0.33
Tracking Err 4.27
Sortino 0.812
Sharpe 0.588
Std Dev 21.381
Risk Average
SECTOR WEIGHTINGS (%)
Financial 27.65%
Industrial 15.02%
Technology 10.26%
Basic Materials 8.51%
Consumer Cyclical 10.73%
Utilities Services 3.9%
Healthcare Services 7.28%
Energy Services 7.97%
Communication Services 3.87%
Consumer Defensive 2.30%
Real Estate 2.51%
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
31.341 9.87% 11,963 cr 0.52% Average
112.430 8.67% 3,628 cr 0.62% Below Average
99.380 8.02% 596 cr 1.34% Below Average
75.800 3.80% 3,239 cr 1.20% Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
746.800 18.48% 9,185 cr 1.18% Average
18.574 17.75% 585 cr 0.84% -
100.780 14.15% 3,742 cr 0.77% High
40.450 14.10% 497 cr 1.63% Below Average
24.230 13.49% 388 cr 1.03% Average
31.341 9.87% 11,963 cr 0.52% Average
112.430 8.67% 3,628 cr 0.62% Below Average


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