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: 26-07-2024
NAV ₹439.0(R) +1.57% ₹471.43(D) +1.57%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 55.65% 28.89% 26.37% 17.86% 16.54%
LumpSum (D) 56.74% 29.75% 27.19% 18.64% 17.28%
SIP (R) 64.79% 39.75% 32.21% 25.37% 20.24%
SIP (D) 65.93% 40.65% 33.03% 26.12% 20.95%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.5 0.8 1.41 9.18% 0.21
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.34% -12.35% -10.25% 0.95 9.84%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
SBI Long Term Equity Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 89.0
1.3800
1.5700%
SBI Long Term Equity Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 116.77
1.8100
1.5700%
SBI LONG TERM EQUITY FUND - REGULAR PLAN- GROWTH 439.0
6.7900
1.5700%
SBI LONG TERM EQUITY FUND - DIRECT PLAN -GROWTH 471.43
7.3000
1.5700%

Review Date: 26-07-2024

SBI Long Term Equity Fund is the top performing fund in the ELSS (Tax Saving) Fund category. The fund has delivered return of 55.65% in 1 year, 28.89% in 3 years, 26.37% in 5 years and 16.54% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 13.34, VaR of -12.35, Average Drawdown of -5.44, Semi Deviation of 9.84 and Max Drawdown of -10.25. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low 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 ₹15674.0 in 1 year, ₹21841.0 in 3 years and ₹33281.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in SBI Long Term Equity Fund direct growth option would have grown to ₹15940.0 in 1 year, ₹63576.0 in 3 years and ₹134714.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 13.34 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 1.5 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 9.18% 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 % 4.56
3.56
1.50 | 6.29 6 | 35 Very Good
3M Return % 12.56
11.56
8.82 | 16.41 10 | 35 Good
6M Return % 26.40
20.14
15.39 | 27.68 2 | 35 Very Good
1Y Return % 55.65
39.91
24.44 | 56.46 2 | 35 Very Good
3Y Return % 28.89
20.18
11.54 | 28.89 1 | 33 Very Good
5Y Return % 26.37
21.58
15.49 | 35.49 3 | 32 Very Good
7Y Return % 17.86
15.52
11.28 | 24.66 4 | 29 Very Good
10Y Return % 16.54
15.77
13.22 | 24.50 7 | 22 Good
15Y Return % 15.80
15.19
12.66 | 17.44 8 | 19 Good
1Y SIP Return % 64.79
48.01
33.64 | 64.79 1 | 35 Very Good
3Y SIP Return % 39.75
28.05
20.20 | 39.75 1 | 33 Very Good
5Y SIP Return % 32.21
24.53
17.21 | 36.79 2 | 32 Very Good
7Y SIP Return % 25.37
20.43
14.42 | 31.24 2 | 29 Very Good
10Y SIP Return % 20.24
17.71
13.37 | 26.65 4 | 22 Very Good
15Y SIP Return % 17.63
16.38
13.80 | 21.58 6 | 20 Good
Standard Deviation 13.34
12.71
9.99 | 16.36 26 | 33 Average
Semi Deviation 9.84
9.01
7.16 | 11.67 29 | 33 Poor
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
-5.57
-11.96 | -2.58 17 | 33 Good
Sharpe Ratio 1.50
0.95
0.28 | 1.59 2 | 33 Very Good
Sterling Ratio 1.41
0.93
0.36 | 1.67 2 | 33 Very Good
Sortino Ratio 0.80
0.51
0.17 | 0.91 2 | 33 Very Good
Jensen Alpha % 9.18
2.63
-8.40 | 13.97 3 | 33 Very Good
Treynor Ratio 0.21
0.14
0.04 | 0.23 3 | 33 Very Good
Modigliani Square Measure % 28.23
20.91
10.22 | 30.40 3 | 33 Very Good
Alpha % 8.21
0.58
-7.65 | 12.32 2 | 33 Very Good
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.62 3.65 1.60 | 6.34 6 | 35
3M Return % 12.75 11.86 9.08 | 16.66 12 | 35
6M Return % 26.82 20.78 16.31 | 28.51 3 | 35
1Y Return % 56.74 41.42 26.33 | 58.34 3 | 35
3Y Return % 29.75 21.54 12.42 | 29.75 1 | 33
5Y Return % 27.19 22.94 16.48 | 37.72 3 | 32
7Y Return % 18.64 16.75 12.31 | 26.32 7 | 29
10Y Return % 17.28 16.76 14.09 | 25.77 8 | 23
1Y SIP Return % 65.93 49.61 35.65 | 65.93 1 | 35
3Y SIP Return % 40.65 29.41 21.08 | 40.65 1 | 33
5Y SIP Return % 33.03 25.87 18.11 | 38.88 2 | 32
7Y SIP Return % 26.12 21.64 15.35 | 33.13 3 | 29
10Y SIP Return % 20.95 18.69 14.35 | 28.13 4 | 23
Standard Deviation 13.34 12.71 9.99 | 16.36 26 | 33
Semi Deviation 9.84 9.01 7.16 | 11.67 29 | 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 -5.57 -11.96 | -2.58 17 | 33
Sharpe Ratio 1.50 0.95 0.28 | 1.59 2 | 33
Sterling Ratio 1.41 0.93 0.36 | 1.67 2 | 33
Sortino Ratio 0.80 0.51 0.17 | 0.91 2 | 33
Jensen Alpha % 9.18 2.63 -8.40 | 13.97 3 | 33
Treynor Ratio 0.21 0.14 0.04 | 0.23 3 | 33
Modigliani Square Measure % 28.23 20.91 10.22 | 30.40 3 | 33
Alpha % 8.21 0.58 -7.65 | 12.32 2 | 33
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.57 ₹ 10,157.00 1.57 ₹ 10,157.00
1W 2.77 ₹ 10,277.00 2.78 ₹ 10,278.00
1M 4.56 ₹ 10,456.00 4.62 ₹ 10,462.00
3M 12.56 ₹ 11,256.00 12.75 ₹ 11,275.00
6M 26.40 ₹ 12,640.00 26.82 ₹ 12,682.00
1Y 55.65 ₹ 15,565.00 56.74 ₹ 15,674.00
3Y 28.89 ₹ 21,414.00 29.75 ₹ 21,841.00
5Y 26.37 ₹ 32,225.00 27.19 ₹ 33,281.00
7Y 17.86 ₹ 31,596.00 18.64 ₹ 33,081.00
10Y 16.54 ₹ 46,205.00 17.28 ₹ 49,237.00
15Y 15.80 ₹ 90,237.00 ₹

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 64.79 ₹ 15,876.54 65.93 ₹ 15,940.14
3Y ₹ 36000 39.75 ₹ 62,851.64 40.65 ₹ 63,576.25
5Y ₹ 60000 32.21 ₹ 132,132.96 33.03 ₹ 134,714.34
7Y ₹ 84000 25.37 ₹ 207,285.79 26.12 ₹ 212,859.95
10Y ₹ 120000 20.24 ₹ 348,948.00 20.95 ₹ 362,643.36
15Y ₹ 180000 17.63 ₹ 776,208.78 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 439.0028 471.4303
25-07-2024 432.2131 464.131
24-07-2024 429.5478 461.2605
23-07-2024 425.9224 457.3591
22-07-2024 427.1788 458.7001
19-07-2024 426.7618 458.2273
18-07-2024 434.5876 466.6217
16-07-2024 433.787 465.7452
15-07-2024 433.8262 465.7788
12-07-2024 432.025 463.8199
11-07-2024 430.819 462.5169
10-07-2024 430.2058 461.8502
09-07-2024 432.5821 464.3928
08-07-2024 431.0034 462.6897
05-07-2024 431.6123 463.3182
04-07-2024 430.2543 461.8521
03-07-2024 427.5571 458.9485
02-07-2024 423.9932 455.1148
01-07-2024 424.8736 456.052
28-06-2024 420.9942 451.8627
27-06-2024 420.9167 451.771
26-06-2024 419.8496 450.6173

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.