SBI Magnum Long Term Equity Scheme Direct Growth
- 12.51%
- (--2.22)185.589
SBI Magnum Long Term Equity Scheme Direct Growth - Latest NAV ₹185.589, Returns, Performance & PortfolioInvest in SBI Magnum Long Term Equity Scheme Direct Growth - Latest NAV ₹185.589. 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. 5.35 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 | 12.51% |
3 Years | 5.42% |
1 Year | 20.71% |
6 Months | 30.66% |
Fund Details | |
---|---|
ISIN | INF200K01UM9 |
Risk | Moderately High risk |
Fund Type | ELSS (Tax Savings) |
NAV | 185.589 |
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. 5.35 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