Based on 1,3,5 Yr performance,
stability of returns.
It is the Category Rank and
not the Sub-category Rank.
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| Asset Size: | 7582Cr |
| Expense Ratio: | 1.97% |
| Fund Manager(s): | Dinesh Balachandran, |
| 5year Returns: | 4.78% |
SBI Magnum Long Term Equity Scheme Regular Growth
Tax Savings
ELSS (Tax Savings)
Nav :
146.3478
(
0.15%)
February 20th, 2020
Rank (of 245)
18
Annualized Returns(5 yrs)
4.78%
Investment Horizon
>3 Yr
Doubled Money
14yrs 10m
Tax Savings
ELSS (Tax Savings)
Nav :
146.3478
(
0.15%)
February 20th, 2020
People currently viewing this : 1
Upwardly's Take :
Over the years, ELSS funds have given the best returns out of all the tax saving instruments under 80 C like PF, FDs, ULIPs, Post office deposits, KVP etc. This fund has a lock-in for 3 years.
Ideal for medium-term to long term goals. Invest in this fund to maximize your returns for a foreseeable future.
FUND PAST PERFORMANCE
Fund's historical return with Fixed Deposit
3m
6m
1y
3y
5y
3 and 6 Months returns are absolute
Assuming 30% tax bracket
FUND MULTIPLIER
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Take To Multiply
2x
4x
5x
TOP 5 HOLDING INVESTED IN
TOP 5 SECTORS INVESTED IN
FUND DETAIL INFORMATION
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.
Basic Details
Fund House
SBI Mutual Fund
Launch Date
May 7th, 2007
Expense Ratio
1.97%
Fund Category Risk
High
Std Dev (1Yr)
12.354
Std Dev (3Yr)
13.024
Std Dev (5Yr)
13.481
Asset Size
7582Cr
Investment Details
Investment Plan
Growth
Return since Launch
9.64 %
Exit Load
No Exit Load