NAV as on 23 Sep, 2016
|
|
Below average performance in the category
The scheme is ranked 4 in ELSS category by Crisil (for quarter ended Jun 2016) rank unchanged from last quarter. If you are already invested in this scheme, you may consider switching to a better performing scheme.
| Period | Returns (%) | Rank # |
|---|---|---|
| 1 mth | 3.4 | 44 |
| 3 mth | 9.7 | 72 |
| 6 mth | 17.1 | 71 |
| 1 year | 11.5 | 76 |
| 2 year | 9.9 | 62 |
| 3 year | 24.3 | 43 |
| 5 year | 17.8 | 17 |
# Moneycontrol Rank within 106 ELSS Schemes.
| Year | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Annual |
|---|---|---|---|---|---|
| 2016 | -14.7 | - | - | - | - |
| 2015 | -5.0 | -0.7 | -4.1 | -0.6 | -8.2 |
| 2014 | -2.1 | 20.8 | 7.9 | 5.7 | 35.4 |
| 2013 | -16.8 | 2.1 | -2.3 | 13.1 | -4.6 |
| 2012 | 5.2 | -1.1 | 8.8 | 4.0 | 34.0 |
| 2011 | -17.9 | -3.3 | -9.2 | -6.9 | -31.8 |
* Returns over 1 year are Annualised
* Calculation Remark - Dividends are reinvested at the rate of return
Fund returns v/s Category average (ELSS)
| 1 mth (%) | 3 mth (%) | 6 mth (%) | 1 yr (%) | 2 yr (%) | 3 yr (%) | 5yr (%) | |
| Fund Returns | 3.4 | 9.7 | 17.1 | 11.5 | 9.9 | 24.3 | 17.8 |
| Category avg | 3.2 | 10.6 | 19.2 | 15.0 | 10.2 | 20.3 | 12.4 |
| Difference of Fund returns and Category returns | 0.2 | -0.9 | -2.1 | -3.5 | -0.3 | 4.0 | 5.4 |
| Best of category | 5.7 | 16.7 | 31.8 | 34.4 | 23.1 | 36.7 | 22.7 |
| Worst of category | -0.5 | -7.3 | -7.3 | -10.8 | 3.8 | 8.2 | 9.1 |
| Benchmark returns # | 2.4 | 8.3 | 16.3 | 13.8 | 6.0 | 15.7 | 12.9 |
| Difference of Fund returns and Benchmark returns | 1.0 | 1.4 | 0.8 | -2.3 | 3.9 | 8.6 | 4.9 |
Investment Objective
The prime objective of this scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investments made in the scheme under Section 80 C of the Incometax Act, 1961. It also seeks to distribute income periodical ly depending on distributable surplus.
| Fund Type | Open-Ended |
|---|---|
| Investment Plan | Dividend |
| Launch date | Mar 31, 1993 |
| Benchmark | S&P BSE 100 |
| Asset Size (Rs cr) | 4,363.01 (Jun-30-2016) |
| Minimum Investment | Rs.500 |
| Last Dividend | Rs.4.00 (Mar-11-2016) View Dividend History |
| Bonus | N.A. |
| Fund Manager | Jayesh Shroff View performance of schemes managed by the Fund Manager |
| Notes | The scheme is open ended from Nov 1999. |
| Entry Load | N.A |
|---|---|
| Exit Load | 0.00% |
| Load Comments | N.A. |
| Regd. Office | 191 Maker Towers E, Cuffe Parade, Mumbai, 400005 |
|---|---|
| Tel. No. | 91 22 22180221/ 27 |
| Fax No. | 91 22 22189663 |
| partnerforlife@sbimf.com | |
| Website | http://www.sbimf.com |
| ELSS | Crisil Rank | Assets (Rs.cr) |
|||||
| 3mth (%) | 6mth (%) | 1yr (%) | 3yr (%) | 5yr (%) | |||
| Axis Long Term Equity Fund (G) | Rank 2 |
8,118.15 | 7.7 | 15.0 | 10.0 | 31.0 | 22.7 |
| Axis Long Term Equity - Direct (G) | Not Ranked |
413.98 | 8.0 | 15.6 | 11.2 | 32.6 | -- |
| Reliance Tax Saver(ELSS)-Direct (G) | Not Ranked |
242.31 | 12.3 | 20.2 | 20.0 | 35.3 | -- |
| Reliance Tax Saver (ELSS) (G) | Rank 3 |
4,659.48 | 12.0 | 19.7 | 19.1 | 34.4 | 21.1 |
| HDFC Tax Saver - Direct (G) | Not Ranked |
237.73 | 11.0 | 20.8 | 14.1 | 24.7 | -- |
| * Returns over 1 year are Annualised | More » | ||||||
| Equity | Sector | Value (Rs cr) |
Asset % |
|---|---|---|---|
| HDFC Bank | Banking/Finance | 413.18 | 8.24 |
| Shree Cements | Cement | 251.47 | 5.01 |
| Infosys | Technology | 250.68 | 5.01 |
| Tata Motors | Automotive | 243.92 | 4.88 |
| Axis Bank | Banking/Finance | 208.90 | 4.18 |
| Bajaj Finance | Banking/Finance | 176.18 | 3.52 |
| SBI | Banking/Finance | 161.60 | 3.23 |
| HDFC | Banking/Finance | 154.60 | 3.09 |
| UPL | Chemicals | 153.35 | 3.07 |
| Reliance | Oil & Gas | 142.04 | 2.84 |
| Sector | % | 1-Year HighLow |
|
|---|---|---|---|
| Banking/Finance | 26.88 | 25.43 | 22.28 |
| Engineering | 11.24 | 12.74 | 10.71 |
| Automotive | 8.41 | 9.30 | 8.16 |
| Technology | 7.50 | 11.97 | 10.47 |
| Oil & Gas | 7.20 | 9.17 | 7.17 |
| Pharmaceuticals | 5.12 | 8.97 | 5.75 |
| Equity | 93.54 |
| Others | 0.14 |
| Debt | 0.00 |
| Mutual Funds | N.A |
| Money Market | 4.92 |
| Cash / Call | 1.40 |
| Holdings | (%) |
|---|---|
| Top 5 | 27.32 |
| Top 10 | 43.07 |
| Sector | (%) |
|---|---|
| Top 3 | 46.53 |
India can be an oasis of hope among emerging markets: SBI MF
Navneet Munot, CIO, SBI Mutual Fund says it's yet early days but India could be an ‘oasis of hopeâ ...
Jun 27, 2016 at 11:50 | Source: CNBC-TV18
SBI Magnum Taxgain Scheme announces dividend
SBI Magnum Taxgain Scheme announces dividend, the record date for declaration of dividend is March 1 ...
Mar 07, 2016 at 16:56 | Source: Moneycontrol.com
Bull market correction on; time to invest for long-term: Pros
Long-term investors should be looking at opportunities rather than being worried about what is happe ...
Jan 16, 2016 at 15:28 | Source: CNBC-TV18
Oct 25, 2011
Oct 25, 2011
Oct 25, 2011
Quick Links
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.
