AVAILABLE
sbi long term equity fund - Regular plan - growth
Sbi Tax Saving Plan
LONG-TERM WEALTH
BUILDING AND TAX SAVING
NOW GO HAND-IN-HAND.
An open-ended Equity Linked Saving Scheme with a statutory
lock-in period of 3 years and tax benefit
KNOW YOUR FUND
Investing for tax benefit should not be just about saving taxes. The focus of SBI Long Term Equity Fund (earlier known as SBI Magnum Taxgain Scheme*), an Equity
Linked Savings Scheme (ELSS) with a track record of around 27 years, has been long-term wealth creation through investment in equity markets while allowing tax
benefit on investments (Individuals/HUFs) up to `1.5 lakh as per Section 80C of the Income Tax Act, 1961. Invest a lumpsum or regularly through a Systematic Investment
Plan (SIP). What's more, the scheme has a 3-year lock-in period, currently one of the shortest periods for a tax-saving investment, with the potential to deliver returns
that can beat inflation in the long-term. So, invest in SBI Long Term Equity Fund and choose to do more with your tax saving investments.
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.
KEY HIGHLIGHTS
An open-ended Equity Linked Savings Scheme (ELSS) which offers tax
benefits on investments made up to `1.5 Lakh under Section 80C of the
Income Tax Act, 1961.
Currently, ELSS has the shortest lock-in period of 3 years amongst
other tax-saving options.
Ideal option for investors looking to build wealth for their goals while
getting tax benefits on their investments.
FUND DETAILS
Fund Manager: Mr. Dinesh Balachandran
• Managing Since: September 2016
• Total Experience: Over 17 years
Benchmark: S&P BSE 500
(w.e.f. May 16, 2018)
Quantitative Data:
Standard Deviation#
: 19.10%
Beta#
: 0.97
Sharpe Ratio#
: -0.48
Portfolio Turnover*:
Equity Turnover: 0.66
Total Turnover: 0.68
Data as on 31st March, 2020
Exit Load: Nil
Entry Load: N.A.
SIP: ‘Any Day SIP’ Facility is available for Monthly, Quarterly,
Semi-Annual and Annual frequencies through electronic
mode like OTM / Debit Mandate. Default SIP date will be 10th.
In case the SIP due date is a Non Business Day, then the
immediate following Business Day will be considered for SIP
processing.
Minimum amount for SIP `500 & in multiples of `500
Minimum Installments: The Scheme offers Weekly, Monthly,
Quarterly, Semi-Annual and Annual - 6 SIP
Minimum Investment: `500 & in multiples of `500
Additional Investment: `500 & in multiples of `500
Plans Available: Regular and Direct
Options: Growth and Dividend
The investments in SBI Long Term Equity Fund is subject to lock
in period of 3 years from the date of allotment.
NOTES:
a. The details of the period since the Fund Manager is managing the scheme(s) & inception date provided alongside of the table, Mr. Dinesh Balachandran has
been managing SBI Long Term Equity Fund since September 2016 and co-managing SBI Dynamic Asset Allocation Fund (Equity & Equity related instruments
and Debt & Money Market instruments portion) since March 2015 with Mr. Mohit Jain (investments in foreign securities portion). The total number of schemes
managed by Mr. Dinesh Balachandran is 3 (1 scheme is jointly managed by Mr. Mohit Jain). SBI Contra Fund was managed by Mr. R. Srinivasan till
May 04, 2018
b. Different plans shall have a different expense structure. Performance for all scheme(s) are of Regular Plan - Growth option. In case of SBI Magnum Taxgain
Scheme growth option was introduced later on 07-May-2007 and SBI Contra Fund growth option was introduced later on 06-May-2005, hence for the purpose
of calculation of since inception returns, all dividends declared prior to the splitting of the scheme into Dividend & Growth Options are assumed to be reinvested
in the units of the scheme at the then prevailing NAV (ex-dividend NAV) and net of Dividend Distribution tax, if any
c. Mr. Mohit Jain is the fund manager for investment in foreign securities in SBI Dynamic Asset Allocation Fund w.e.f. Nov 28, 2017
d. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment
e. Load is not considered for computation of returns
f. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement i.e.
31st March, 2020. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation
of returns
g. Scheme count for the total schemes managed by the Fund Managers does not include Close-ended Schemes
h. SBI Long Term Equity Fund: As the scheme was launched before the launch of the benchmark index, benchmark index figures since inception or the required
period are not available
i. SBI Long Term Equity Fund: As scheme benchmark TRI data is not available since inception of the scheme, additional benchmark performance is calculated
using composite CAGR of S&P BSE Sensex PRI values 31-Mar-93 to 18-Aug-96 and TRI values since 19-Aug-96
j. SBI Contra Fund: As scheme benchmark TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR
of S&P BSE 500 PRI values from 05-Jul-99 to 31-Jul-06 and TRI values since 01-Aug-06
PERFORMANCE OF SBI LONG TERM EQUITY FUND
Mutual Fund investments are subject to market risks,
read all scheme related documents carefully.
Toll-free: 1800 209 3333 SMS: ‘LTEF’ to 7065611100 Visit: www.sbimf.com Follow us:
CAGR %
Point-to-Point
returns on Standard
Investment of
`10,000/-
CAGR %
Point-to-Point
returns on Standard
Investment of
`10,000/-
CAGR %
Point-to-Point
returns on Standard
Investment of
`10,000/-
3 Years 5 Years
CAGR %
Point-to-Point
returns on Standard
Investment of
`10,000/-
Since Inception
Inception Date &
Managing Since
1 Year
Scheme Benchmark: - S&P BSE 500 (TRI)
Additional Benchmark: - S&P BSE Sensex (TRI)
Inception Date
31-03-1993
Managing Since
Sep-2016
SBI Contra Fund
Scheme Benchmark: - S&P BSE 500 (TRI)
Additional Benchmark: - S&P BSE Sensex (TRI)
Inception Date
05-07-1999
Managing Since
May-2018
SBI Dynamic Asset Allocation Fund
Scheme Benchmark: - 50% CRISIL
1 year CD Index + 50% S&P BSE Sensex
Inception Date
26-03-2015
Managing Since
Mar-2015
Performance of other fund managed by Dinesh Balachandran, Fund Manager of SBI Long Term Equity Fund
Performance of fund jointly managed by Dinesh Balachandran (Equity & Debt portion) and Mohit Jain (investments in foreign securities portion)
Fund managed by Dinesh Balachandran
SBI Long Term Equity Fund
Scheme Name
-27.39 7261 -6.13 8269 -1.73 9164 13.76 325336
-26.27 7373 -2.98 9130 1.41 10725 N.A. N.A.
-22.69 7731 1.07 10326 2.41 11265 11.50 189174
-31.68 6832 -8.92 7553 -3.45 8390 15.27 191037
-26.27 7373 -2.98 9130 1.41 10725 12.89 123927
-22.69 7731 1.07 10326 2.41 11265 11.46 95035
-13.44 8656 0.52 10157 2.88 11524 2.96 11575
-7.59 9241 4.67 11468 5.43 13031 5.64 13172
Additional Benchmark: - S&P BSE Sensex (TRI) -22.69 7731 1.07 10326 2.41 11265 2.77 11470
