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SBI Magnum Long Term Equity Scheme - Direct Plan

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.

Suitability

This product is suitable for investors who are seeking

• Long term investment

• Investment in equity shares to deliver benefits of investment, tax deduction under Section 80 C of IT Act, 1961 and probable income from scheme surplus

Fund Info

Scheme Class	Equity
Scheme Category	ELSS (Tax Savings)
Expense Ratio	1.16%
Min subscription	₹ 500

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 11,204
AMC AUM (in Crs.)	₹ 2,83,807
Min Addition Subscription	₹ 500

Benchmark Type

S&P BSE 200 India TR INR

Exit Load

Units locked in for 3 years, No exit load

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
Mirae Asset Tax Saver Fund - Direct Plan	500	500	20.8%
Axis Long Term Equity Fund - Direct Plan	500	500	11.78%
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan	500	500	17.89%
L&T Tax Advantage Fund - Direct Plan	500	500	14.6%
Aditya Birla Sun Life Tax Relief 96 - Direct Plan	500	500	10.1%
Tata India Tax Savings Fund - Direct Plan	500	500	17.92%
Axis Long Term Equity Fund - Direct Plan	500	500	11.78%
IDFC Tax Advantage (ELSS) Fund - Direct Plan	500	500	24.7%

Top 10 Holdings

Company	Holding Type	Asset(%)
ICICI Bank Ltd	Equity	6
Treps	Cash - Repurchase Agreement	5
Reverse Repo	Cash - Repurchase Agreement	4
Reliance Industries Ltd	Equity	4
Larsen & Toubro Ltd	Equity	4
Mahindra & Mahindra Ltd	Equity	4
ICICI Prudential Life Insurance Company Limited	Equity	4
State Bank of India	Equity	4
Infosys Ltd	Equity	3
Cummins India Ltd	Equity	3

Asset Allocation(%)

Asset	Percent
Equity	91
Cash - Repurchase Agreement	9
Cash	0

Sector Allocation(%)

Sector	Percent
Financial Services	27
Industrials	15
Consumer Cyclical	9
Cash - Repurchase Agreement	9
Technology	9

Fund Manager

Dinesh Balachandran

6+ years of experience

SBI Mutual Fund

AUM₹2,83,807 Cr

About

With a robust and wealthy history of the State Bank of India cluster, SBI Funds Management Pvt. Ltd. has been serving to millions of investors through their years of experience. With a wide network of over 222 service points across India, SBI has been delivering to value and create trust amongst investors. They have systematically delivered the optimum worth to its investors over the years. SBI Funds Management company has joined the key players within the Indian investment trust business with an array of funds in multiple sectors like money establishments, native and international quality management corporations, pension funds, etc. SBI MF has conjointly unified end-to-end made-to-order quality management product for establishments, discretionary and non-discretionary portfolio management services.##SBI Funds Management has been effectively managing and guiding Indias dedicated offshore funds since 1988. SBI Funds Management is famed because it was the 1st bank to come up with ‘SBI Resurgent Asian nation Opportunities Fund. The target for these funds was to supply investors with never-before opportunities in semi-permanent growth in capital in a very kind of stocks of Indian corporations.

partnerforlife@sbimf.com

Phone

18002093333

Address

9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai, Mumbai - 400 051

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m