Previously Known As : Sbi Magnum Taxgain Scheme
Sbi Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 1
BMSMONEY Rating
Gro. Opt. As On: 17-09-2024
NAV ₹451.07(R) +0.16% ₹484.86(D) +0.16%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 51.82% 27.09% 28.11% 18.21% 16.15%
LumpSum (D) 52.87% 27.93% 28.94% 18.99% 16.89%
SIP (R) 52.71% 38.52% 32.83% 25.93% 20.5%
SIP (D) 53.76% 39.42% 33.68% 26.69% 21.21%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.46 0.79 1.38 8.78% 0.21
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.35% -12.35% -10.25% 0.95 9.76%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Motilal Oswal Long Term Equity Fund (Moflte) 3
Quant Tax Plan 4
JM Tax Gain Fund 5
Bank Of India Tax Advantage Fund 6
ITI Long Term Equity Fund 7

NAV Date: 17-09-2024

Scheme Name NAV Rupee Change Percent Change
SBI Long Term Equity Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 91.45
0.1500
0.1600%
SBI Long Term Equity Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 120.09
0.2000
0.1600%
SBI LONG TERM EQUITY FUND - REGULAR PLAN- GROWTH 451.07
0.7200
0.1600%
SBI LONG TERM EQUITY FUND - DIRECT PLAN -GROWTH 484.86
0.7900
0.1600%

Review Date: 17-09-2024

SBI Long Term Equity Fund is the best performing fund in the ELSS (Tax Saving) Fund category. The fund has delivered return of 51.82% in 1 year, 27.09% in 3 years, 28.11% in 5 years and 16.15% in 10 years. The category average for the same periods is 39.0%, 18.3%, 22.98% and 15.34% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 13.35, VaR of -12.35, Average Drawdown of -5.44, Semi Deviation of 9.76 and Max Drawdown of -10.25. The category average for the same parameters is 12.84, -14.08, -5.31, 8.98 and -12.33 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in SBI Long Term Equity Fund direct growth option would have grown to ₹15287.0 in 1 year, ₹20939.0 in 3 years and ₹35636.0 in 5 years as of today (17-09-2024).
  2. An SIP of ₹1,000 per month in SBI Long Term Equity Fund direct growth option would have grown to ₹15268.0 in 1 year, ₹62659.0 in 3 years and ₹136911.0 in 5 years as of today (17-09-2024).
  3. standard deviation of 13.35 and based on VaR one can expect to lose more than -12.35% of current value of fund in one year.
  4. Sharpe ratio of the fund is 1.46 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.88, Beta of 0.95 and Jensen's Alpha of 8.78% which exhibit very good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.48
4.14
-0.24 | 7.05 32 | 35 Poor
3M Return % 7.41
8.08
0.71 | 13.78 26 | 35 Average
6M Return % 24.39
23.37
17.87 | 41.14 11 | 35 Good
1Y Return % 51.82
39.00
26.53 | 66.15 3 | 35 Very Good
3Y Return % 27.09
18.30
8.99 | 27.09 1 | 33 Very Good
5Y Return % 28.11
22.98
16.28 | 37.05 3 | 32 Very Good
7Y Return % 18.21
15.60
11.22 | 23.71 3 | 29 Very Good
10Y Return % 16.15
15.34
12.23 | 23.44 7 | 22 Good
15Y Return % 15.35
14.75
12.13 | 16.89 8 | 19 Good
1Y SIP Return % 52.71
43.29
32.88 | 74.08 3 | 35 Very Good
3Y SIP Return % 38.52
28.22
21.43 | 42.62 2 | 33 Very Good
5Y SIP Return % 32.83
25.62
18.83 | 36.17 3 | 32 Very Good
7Y SIP Return % 25.93
21.23
15.14 | 31.02 3 | 29 Very Good
10Y SIP Return % 20.50
18.07
13.65 | 26.29 4 | 22 Very Good
15Y SIP Return % 17.61
16.51
13.94 | 21.52 6 | 20 Good
Standard Deviation 13.35
12.84
9.92 | 15.90 26 | 33 Average
Semi Deviation 9.76
8.98
7.11 | 11.38 27 | 33 Average
Max Drawdown % -10.25
-12.33
-22.81 | -6.28 9 | 33 Very Good
VaR 1 Y % -12.35
-14.08
-20.17 | -11.38 7 | 33 Very Good
Average Drawdown % -5.44
-5.31
-9.27 | -2.58 19 | 33 Average
Sharpe Ratio 1.46
0.93
0.24 | 1.57 2 | 33 Very Good
Sterling Ratio 1.38
0.91
0.34 | 1.63 2 | 33 Very Good
Sortino Ratio 0.79
0.50
0.15 | 0.91 2 | 33 Very Good
Jensen Alpha % 8.78
2.49
-9.30 | 12.87 3 | 33 Very Good
Treynor Ratio 0.21
0.13
0.03 | 0.22 3 | 33 Very Good
Modigliani Square Measure % 27.55
20.43
9.38 | 30.04 3 | 33 Very Good
Alpha % 7.95
0.83
-9.61 | 11.32 2 | 33 Very Good
Return data last Updated On : Sept. 17, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.54 4.23 -0.15 | 7.15 32 | 35
3M Return % 7.58 8.38 0.99 | 14.12 27 | 35
6M Return % 24.81 24.05 18.21 | 41.98 11 | 35
1Y Return % 52.87 40.52 27.87 | 68.14 3 | 35
3Y Return % 27.93 19.64 9.85 | 27.93 1 | 33
5Y Return % 28.94 24.36 17.27 | 39.29 4 | 32
7Y Return % 18.99 16.83 12.19 | 25.38 7 | 29
10Y Return % 16.89 16.34 13.09 | 24.71 8 | 23
1Y SIP Return % 53.76 44.85 33.63 | 76.15 4 | 35
3Y SIP Return % 39.42 29.59 22.79 | 44.24 2 | 33
5Y SIP Return % 33.68 26.99 19.76 | 38.27 3 | 32
7Y SIP Return % 26.69 22.45 16.06 | 32.92 3 | 29
10Y SIP Return % 21.21 19.05 14.63 | 27.77 4 | 23
Standard Deviation 13.35 12.84 9.92 | 15.90 26 | 33
Semi Deviation 9.76 8.98 7.11 | 11.38 27 | 33
Max Drawdown % -10.25 -12.33 -22.81 | -6.28 9 | 33
VaR 1 Y % -12.35 -14.08 -20.17 | -11.38 7 | 33
Average Drawdown % -5.44 -5.31 -9.27 | -2.58 19 | 33
Sharpe Ratio 1.46 0.93 0.24 | 1.57 2 | 33
Sterling Ratio 1.38 0.91 0.34 | 1.63 2 | 33
Sortino Ratio 0.79 0.50 0.15 | 0.91 2 | 33
Jensen Alpha % 8.78 2.49 -9.30 | 12.87 3 | 33
Treynor Ratio 0.21 0.13 0.03 | 0.22 3 | 33
Modigliani Square Measure % 27.55 20.43 9.38 | 30.04 3 | 33
Alpha % 7.95 0.83 -9.61 | 11.32 2 | 33
Return data last Updated On : Sept. 17, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.16 ₹ 10,016.00 0.16 ₹ 10,016.00
1W 1.49 ₹ 10,149.00 1.51 ₹ 10,151.00
1M 2.48 ₹ 10,248.00 2.54 ₹ 10,254.00
3M 7.41 ₹ 10,741.00 7.58 ₹ 10,758.00
6M 24.39 ₹ 12,439.00 24.81 ₹ 12,481.00
1Y 51.82 ₹ 15,182.00 52.87 ₹ 15,287.00
3Y 27.09 ₹ 20,527.00 27.93 ₹ 20,939.00
5Y 28.11 ₹ 34,502.00 28.94 ₹ 35,636.00
7Y 18.21 ₹ 32,259.00 18.99 ₹ 33,774.00
10Y 16.15 ₹ 44,675.00 16.89 ₹ 47,622.00
15Y 15.35 ₹ 85,156.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 52.71 ₹ 15,207.88 53.76 ₹ 15,268.27
3Y ₹ 36000 38.52 ₹ 61,936.96 39.42 ₹ 62,659.26
5Y ₹ 60000 32.83 ₹ 134,222.64 33.68 ₹ 136,910.70
7Y ₹ 84000 25.93 ₹ 211,561.73 26.69 ₹ 217,327.15
10Y ₹ 120000 20.50 ₹ 354,093.60 21.21 ₹ 368,051.64
15Y ₹ 180000 17.61 ₹ 775,355.58 ₹


Date NAV Regular Growth NAV Direct Growth
17-09-2024 451.0716 484.8562
16-09-2024 450.3471 484.0687
13-09-2024 449.6053 483.2451
12-09-2024 448.188 481.713
11-09-2024 442.1388 475.2028
10-09-2024 444.4312 477.658
09-09-2024 440.7316 473.6733
06-09-2024 441.6741 474.6606
05-09-2024 446.7351 480.0908
04-09-2024 446.6232 479.9619
03-09-2024 447.9179 481.3445
02-09-2024 447.7048 481.1067
30-08-2024 448.2661 481.6838
29-08-2024 445.4396 478.638
28-08-2024 446.1406 479.383
27-08-2024 446.0921 479.3223
26-08-2024 444.501 477.604
23-08-2024 442.3958 475.3162
22-08-2024 441.7293 474.5915
21-08-2024 442.6364 475.5574
20-08-2024 442.9485 475.8842
19-08-2024 440.1444 472.863

Fund Launch Date: 24/Feb/1993
Fund Category: ELSS (Tax Saving) Fund
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
Fund Description: An open-ended Equity Linked Saving Scheme with a statutory lock-in period of 3 years and tax benefit
Fund Benchmark: S&P BSE 500
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.