When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
|S&P BSE 500 TRI||-15.43||1.34||6.09||10.41||-10.09||-14.39||-14.55||0.84||5.76||10.02||--|
|Rank within category||5||13||11||22||14||5||3||3||2||1||--|
|Number of funds in category||25||25||25||25||25||25||25||14||6||2||1|
As on 05-Jun-2020
|Best (Period)||Worst (Period)|
|Week||10.03 (16-May-2014 - 23-May-2014)||-18.28 (16-Mar-2020 - 23-Mar-2020)|
|Month||19.63 (23-Mar-2020 - 22-Apr-2020)||-33.70 (20-Feb-2020 - 23-Mar-2020)|
|Quarter||32.11 (04-Apr-2014 - 04-Jul-2014)||-27.17 (23-Dec-2019 - 23-Mar-2020)|
|Year||98.08 (12-Sep-2013 - 12-Sep-2014)||-17.74 (25-Feb-2015 - 25-Feb-2016)|
|S&P BSE 500 TRI||1.56||21.09||-0.18||-0.20||--||--|
|Rank within category||3||8||3||3||5||3|
|Number of funds in category||14||14||14||14||14||14|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2020
|Number of Stocks||30|
|Top 10 Stocks (%)||57.19|
|Top 5 Stocks (%)||35.67|
|Top 3 Sectors (%)||44.69|
|Portfolio P/B Ratio||2.21|
|Portfolio P/E Ratio||10.39|
|Average Mkt Cap (Rs Cr)||19,554||34,302|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Hawkins Cookers||Cons Durable||31.06||7.32||0.00||7.32|
|Fine Organic Industries||Chemicals||40.16||6.09||0.00||5.17|
|Hatsun Agro Products||FMCG||71.71||6.91||0.00||4.41|
|State Bank of India||Financial||11.88||8.84||4.14||4.14|
|Rajratan Global Wire||Automobile||6.78||6.85||3.70||3.73|
|Techno Electric & Engineering||Engineering||10.58||4.99||0.00||3.69|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Ms. Chawla holds BBS degree and has also done MBE and CFA.
Experience: She has over 4 years of experience in mutual fund industry. She is with SBI Mutual Fund since 2007.
Education: Mr. Srinivasan is M.Com and MFM.
Experience: Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
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The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equities of companies across large, mid and small market capitalization along with income tax benefit.
|Fund House:||SBI Mutual Fund|
|Return Since Launch:||17.14%|
|Benchmark:||S&P BSE 500 TRI|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051
Phone: 022-61793000 / 1800-425-5425
Email: [email protected]
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]