SBI Magnum Long Term Equity Scheme Direct Growth
- 12.31%
- (--2.28)186.9467
SBI Magnum Long Term Equity Scheme Direct Growth - Latest NAV ₹186.9467, Returns, Performance & PortfolioInvest in SBI Magnum Long Term Equity Scheme Direct Growth - Latest NAV ₹186.9467. Track scheme performance, AUM, historical returns, fund ratings, minimum SIP amount, fund manager etc.
SBI Magnum Long Term Equity Scheme Direct Growth - by Morningstar,
3/NaNstars
Min amount: ₹500
Calculate Returns
Rs. 500 invested monthly becomes Rs. 5.21 Lakhs in a period of 20 years
Save up to Rs 46,800 in taxes every year.
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 | 12.31% |
| 3 Years | 6.24% |
| 1 Year | 23.08% |
| 6 Months | 38.16% |
| Fund Details | |
|---|---|
| ISIN | INF200K01UM9 |
| Risk | Moderately High risk |
| Fund Type | ELSS (Tax Savings) |
| NAV | 186.9467 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| Reliance Industries Ltd | 4.55% |
| Cipla Ltd | 4.49% |
| Bharti Airtel Ltd | 4.14% |
| ICICI Prudential Life Insurance Co Ltd | 3.93% |
| ICICI Bank Ltd | 3.79% |
| Tech Mahindra Ltd | 3.72% |
| Larsen & Toubro Ltd | 3.63% |
| Crompton Greaves Consumer Electricals Ltd | 3.35% |
| HDFC Bank Ltd | 3.24% |
| Ambuja Cements Ltd | 3.14% |
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Min amount: ₹500
Calculate Returns
Rs. 500 invested monthly becomes Rs. 5.21 Lakhs in a period of 20 years
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