Previously Known As : Sbi Magnum Taxgain Scheme
Sbi Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 3
Rating
Growth Option 21-05-2025
NAV ₹429.77(R) +0.52% ₹463.95(D) +0.52%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 8.21% 27.99% 30.37% 17.88% 14.15%
Direct 8.92% 28.83% 31.21% 18.64% 14.89%
Nifty 500 TRI 8.25% 19.16% 26.19% 15.19% 13.86%
SIP (XIRR) Regular 3.86% 25.23% 24.61% 22.42% 18.32%
Direct 4.52% 26.1% 25.44% 23.2% 19.05%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.21 0.65 0.96 10.09% 0.19
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.37% -14.86% -15.39% 0.94 10.35%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
SBI Long Term Equity Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 87.13
0.4500
0.5200%
SBI Long Term Equity Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 114.92
0.6000
0.5200%
SBI LONG TERM EQUITY FUND - REGULAR PLAN- GROWTH 429.77
2.2200
0.5200%
SBI LONG TERM EQUITY FUND - DIRECT PLAN -GROWTH 463.95
2.4100
0.5200%

Review Date: 21-05-2025

Beginning of Analysis

Sbi Long Term Equity Fund is the third ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The Sbi Long Term Equity Fund has shown an excellent past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 10.09% which is higher than the category average of 1.82%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.21 which is higher than the category average of 0.66.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Sbi Long Term Equity Fund Return Analysis

The Sbi Long Term Equity Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 3.45%, 7.78 and 3.18 in last one, three and six months respectively. In the same period the category average return was 3.13%, 9.46% and 2.65% respectively.
  • Sbi Long Term Equity Fund has given a return of 8.92% in last one year. In the same period the Nifty 500 TRI return was 8.25%. The fund has given 0.67% more return than the benchmark return.
  • The fund has given a return of 28.83% in last three years and rank 2nd out of 35 funds in the category. In the same period the Nifty 500 TRI return was 19.16%. The fund has given 9.67% more return than the benchmark return.
  • Sbi Long Term Equity Fund has given a return of 31.21% in last five years and category average returns is 26.62% in same period. The fund ranked 3rd out of 33 funds in the category. In the same period the Nifty 500 TRI return was 26.19%. The fund has given 5.02% more return than the benchmark return.
  • The fund has given a return of 14.89% in last ten years and ranked 11th out of 25 funds in the category. In the same period the Nifty 500 TRI return was 13.86%. The fund has given 1.03% more return than the benchmark return.
  • The fund has given a SIP return of 4.52% in last one year whereas category average SIP return is 4.21%. The fund one year return rank in the category is 24th in 41 funds
  • The fund has SIP return of 26.1% in last three years and ranks 2nd in 35 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (29.06%) in the category in last three years.
  • The fund has SIP return of 25.44% in last five years whereas category average SIP return is 19.44%.

Sbi Long Term Equity Fund Risk Analysis

  • The fund has a standard deviation of 14.37 and semi deviation of 10.35. The category average standard deviation is 14.37 and semi deviation is 10.35.
  • The fund has a Value at Risk (VaR) of -14.86 and a maximum drawdown of -15.39. The category average VaR is -18.42 and the maximum drawdown is -17.44. The fund has a beta of 0.95 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

  • 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.


    Date Sbi Long Term Equity Fund NAV Regular Growth Sbi Long Term Equity Fund NAV Direct Growth
    21-05-2025 429.7694 463.9502
    20-05-2025 427.5478 461.5437
    19-05-2025 430.931 465.1876
    16-05-2025 431.5071 465.7847
    15-05-2025 430.3306 464.5065
    14-05-2025 425.1945 458.9543
    13-05-2025 420.8689 454.2771
    12-05-2025 424.3021 457.9747
    09-05-2025 410.6363 443.2007
    08-05-2025 413.8613 446.6735
    07-05-2025 417.7251 450.8356
    06-05-2025 415.706 448.6484
    02-05-2025 417.3704 450.4127
    30-04-2025 417.9918 451.0672
    28-04-2025 418.9763 452.1135
    25-04-2025 414.3251 447.0705
    24-04-2025 419.1676 452.2877
    23-04-2025 419.6155 452.7629
    22-04-2025 417.1453 450.0896
    21-04-2025 415.6541 448.4727

    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.