Previously Known As : Sbi Magnum Taxgain Scheme
Sbi Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 2
Rating
Growth Option 03-04-2025
NAV ₹405.88(R) -0.31% ₹437.78(D) -0.3%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.09% 22.0% 32.11% 16.49% 13.37%
Direct 7.79% 22.81% 32.96% 17.25% 14.11%
Nifty 500 TRI 4.09% 12.47% 27.45% 14.14% 12.89%
SIP (XIRR) Regular -4.88% 22.62% 23.71% 21.07% 17.41%
Direct -4.26% 23.48% 24.55% 21.85% 18.14%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.05 0.56 0.9 10.5% 0.16
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.36% -14.86% -15.39% 0.96 10.25%

NAV Date: 03-04-2025

Scheme Name NAV Rupee Change Percent Change
SBI Long Term Equity Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 82.29
-0.2500
-0.3100%
SBI Long Term Equity Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 108.43
-0.3300
-0.3000%
SBI LONG TERM EQUITY FUND - REGULAR PLAN- GROWTH 405.88
-1.2500
-0.3100%
SBI LONG TERM EQUITY FUND - DIRECT PLAN -GROWTH 437.78
-1.3400
-0.3000%

Review Date: 03-04-2025

Beginning of Analysis

Sbi Long Term Equity Fund is the second ranked fund in the ELSS (Tax Saving) Fund category. The category has total 34 funds. The 5 star rating shows an excellent past performance of the Sbi Long Term Equity Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 10.5% which is higher than the category average of 1.47%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.05 which is higher than the category average of 0.45.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Sbi Long Term Equity Fund Return Analysis

  • The fund has given a return of 5.26%, -5.32 and -9.19 in last one, three and six months respectively. In the same period the category average return was 6.58%, -7.88% and -10.18% respectively.
  • Sbi Long Term Equity Fund has given a return of 7.79% in last one year. In the same period the Nifty 500 TRI return was 4.09%. The fund has given 3.7% more return than the benchmark return.
  • The fund has given a return of 22.81% in last three years and rank 1st out of 35 funds in the category. In the same period the Nifty 500 TRI return was 12.47%. The fund has given 10.34% more return than the benchmark return.
  • Sbi Long Term Equity Fund has given a return of 32.96% in last five years and category average returns is 27.74% in same period. The fund ranked 3rd out of 33 funds in the category. In the same period the Nifty 500 TRI return was 27.45%. The fund has given 5.51% more return than the benchmark return.
  • The fund has given a return of 14.11% in last ten years and ranked 8th out of 23 funds in the category. In the same period the Nifty 500 TRI return was 12.89%. The fund has given 1.22% more return than the benchmark return.
  • The fund has given a SIP return of -4.26% in last one year whereas category average SIP return is -6.03%. The fund one year return rank in the category is 17th in 41 funds
  • The fund has SIP return of 23.48% in last three years and ranks 1st in 35 funds. The fund has given the highest SIP return in the category in last three years.
  • The fund has SIP return of 24.55% in last five years whereas category average SIP return is 18.13%.

Sbi Long Term Equity Fund Risk Analysis

The fund has a standard deviation of 14.36 and semi deviation of 10.25. The category average standard deviation is 14.2 and semi deviation is 10.17. The fund has a Value at Risk (VaR) of -14.86 and a maximum drawdown of -15.39. The category average VaR is -18.56 and the maximum drawdown is -17.46. The fund has a beta of 0.96 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Sbi Long Term Equity Fund NAV Regular Growth Sbi Long Term Equity Fund NAV Direct Growth
    03-04-2025 405.8753 437.7818
    02-04-2025 407.1208 439.1174
    01-04-2025 404.8749 436.6872
    28-03-2025 408.7669 440.8536
    27-03-2025 410.0275 442.2056
    26-03-2025 408.6706 440.7344
    25-03-2025 411.876 444.1848
    24-03-2025 413.7998 446.253
    21-03-2025 408.6316 440.6602
    20-03-2025 405.3435 437.1081
    19-03-2025 401.2544 432.6923
    18-03-2025 398.7695 430.0065
    17-03-2025 393.0127 423.7926
    13-03-2025 391.3295 421.9532
    12-03-2025 392.9905 423.738
    11-03-2025 394.8066 425.69
    10-03-2025 394.1521 424.9781
    07-03-2025 396.497 427.4878
    06-03-2025 397.2395 428.2821
    05-03-2025 393.4575 424.1984
    04-03-2025 387.1542 417.3965
    03-03-2025 385.7721 415.9005

    Fund Launch Date: 24/Feb/1993
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: 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
    Fund Description: An open-ended Equity Linked Saving Scheme with a statutory lock-in period of 3 years and tax benefit
    Fund Benchmark: S&P BSE 500
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.