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 December 02, 2022
Category Equity:
ELSS (Tax Savings)
Investment StyleBox
Large Blend
Total Assets 11,600 cr
Turnover Ratio 28.17%
Expense Ratio 1.16%
Exit Load -
Returns
  • 1M: 3.67%
  • 1Y: 11.10%
  • 3M: 7.40%
  • 3Y: 20.41%
  • 6M: 16.25%
  • 5Y: 12.19%
Min Investment 500
ADDITIONAL INFO
Fund Manager Dinesh Balachandran (Since about 6 years)
ISIN INF200K01UM9
Fund Family SBI
P/E Ratio 19.44
P/B Ratio 2.51
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 1.47
Beta 0.95
R-Squared 96.37
Info Ratio 0.21
Tracking Err 4.34
Sortino 1.092
Sharpe 0.769
Std Dev 21.838
Risk Average
SECTOR WEIGHTINGS (%)
Financial 30.53%
Industrial 16.45%
Technology 9.37%
Basic Materials 6.38%
Consumer Cyclical 9.06%
Utilities Services 5.29%
Healthcare Services 7.44%
Energy Services 6.48%
Communication Services 3.41%
Consumer Defensive 2.85%
Real Estate 2.76%
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
21.368 11.72% 848 cr 0.83% Below Average
28.010 10.89% 437 cr 1.03% Average
88.626 10.66% 3,063 cr 0.68% Average
47.280 6.99% 576 cr 1.61% Below Average
131.610 6.02% 4,407 cr 0.59% Below Average
35.854 5.74% 13,546 cr 0.53% Average
118.000 4.53% 676 cr 1.29% Below Average
Best Elss (Tax Savings) Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
898.862 15.10% 10,066 cr 1.24% Average
34.199 12.36% 3,191 cr 0.75% Average
21.368 11.72% 848 cr 0.83% Below Average
261.062 11.10% 11,600 cr 1.16% Average
116.343 11.02% 3,986 cr 0.74% High
28.010 10.89% 437 cr 1.03% Average
31.146 6.05% 2,274 cr 0.76% Above Average


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