1M
6M
1Y
3Y
5Y
All
| NAV: 23 Apr 2024 | ₹409.31 |
| Min. SIP amount | ₹500 |
| Rating | 5 |
| Fund size | ₹21,976.26Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 60.9% | 29.4% | 22.3% | 17.2% |
| Category average | 39.8% | 20.3% | 17.6% | NA |
| Rank with in category | 2 | 2 | 3 | NA |
Understand terms
Holdings (65)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Torrent Power Ltd. | Energy | Equity | 3.86% |
GE T&D India Ltd. | Capital Goods | Equity | 3.84% |
ICICI Bank Ltd. | Financial | Equity | 3.69% |
State Bank of India | Financial | Equity | 3.20% |
Cummins India Ltd. | Capital Goods | Equity | 3.13% |
Bharti Airtel Ltd. | Communication | Equity | 3.11% |
HDFC Bank Ltd. | Financial | Equity | 3.06% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 2.99% |
GAIL (India) Ltd. | Energy | Equity | 2.65% |
Reliance Industries Ltd. | Energy | Equity | 2.62% |
See All
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.95%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 7.62
The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Consistently top ranked fund
Expense ratio, exit load and tax
Expense ratio: 0.95%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Dinesh BalachandranSep 2016 - PresentView details
Dinesh Balachandran
Sep 2016 - Present
View details
Education
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
NAWebsite
www.sbimf.com
SBI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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