SBI Magnum Long Term Equity Scheme Direct Growth
- -1.09%
- (+3.89)109.4057
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Highest returns compared to other 80C investments.
Lowest lock-in of 3 years
| Tax Saving FD | PPF | ELSS | |
|---|---|---|---|
| Average Annualised Returns i | 6% | 8% | 12% |
| Tax rates i | 30% | Not taxable | 10%* |
| Returns after tax i | 4.2% | 8.00% | 10.80% |
| Current rate of Inflation i | 4% | 4% | 4% |
| Real Rate of Return i | 0.2% | 4.00% | 6.80% |
| Lock-in Period i | 5 years | 15 years | 3 years |
*Taxable @ 10% over and above Rs 1 lakh.
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | -1.09% |
| 3 Years | -5.5% |
| 1 Year | -27.15% |
| 6 Months | -23.54% |
| Fund Details | |
|---|---|
| ISIN | INF200K01UM9 |
| Risk | Moderately High risk |
| Fund Type | ELSS (Tax Savings) |
| NAV | 109.4057 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| HDFC Bank Ltd | 5.75% |
| ICICI Prudential Life Insurance Co Ltd | 4.42% |
| Axis Bank Ltd | 4.38% |
| Infosys Ltd | 4.09% |
| ICICI Bank Ltd | 4.07% |
| State Bank of India | 3.86% |
| Bharti Airtel Ltd | 3.78% |
| Larsen & Toubro Ltd | 3.49% |
| Ambuja Cements Ltd | 3.33% |
| Reliance Industries Ltd | 3.28% |
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Launching Soon!
Invest in direct mutual funds on cleartax and earn upto 1.5% extra returns annually!
Moderately High risk
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns