GMP IPO Watch
Equity Scheme - ELSS
SBI ELSS Tax Saver Fund
Direct Plan · Growth · SBI Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹424.84 31 Mar 2026
52W High ₹495.63 2 Jan 2026
₹457.2506
NAV as of 4 Nov 2026
+0.84% day change
Other Plans of This Fund
ISININF200K01UM9
Scheme Code119723
StructureOpen Ended Schemes
Fund HouseSBI Funds Management Limited
AUM (avg. July - September 2026)₹5,493.55 Cr
Expense Ratio (as of 3 Nov 2026)1.23%
Min. Investment₹500
Inception Date24 Feb 1993
BenchmarkS&P BSE 500 Index · NA
Portfolio Turnover19.46%
NFO Period31-Mar-1993 – 31-Mar-1993
Returns
1Y
-5.40%
3Y
+13.86%
5Y
+13.56%
7Y
+17.24%
10Y
+14.35%
Since Inception
+14.78%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +4.33% | +3.66% | 17 of 51 |
| 1M | +3.72% | +2.01% | 17 of 51 |
| 3M | -4.74% | -4.19% | 39 of 51 |
| 6M | -1.87% | +0.64% | 42 of 51 |
| YTD | -7.12% | -3.56% | 40 of 51 |
| 1Y | -5.40% | -3.78% | 37 of 51 |
| 2Y | -0.56% | -0.72% | 31 of 50 |
| 3Y | +13.86% | +9.36% | 11 of 50 |
| 5Y | +13.56% | +8.11% | 27 of 43 |
| 7Y | +17.24% | +13.01% | 29 of 43 |
| 10Y | +14.35% | +8.61% | 16 of 27 |
| INCEPTION | +14.78% | — | — |
Ranked among: Equity Scheme - ELSS.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.11% | +37.24% | -34.08% | 68% | 27% |
| 6M | +8.39% | +48.00% | -32.11% | 71% | 29% |
| 1Y | +18.46% | +94.59% | -33.13% | 83% | 36% |
| 2Y | +17.15% | +51.89% | -15.96% | 91% | 41% |
| 3Y | +16.55% | +35.69% | -8.17% | 97% | 44% |
| 5Y | +15.57% | +34.93% | -3.13% | 99% | 44% |
| 7Y | +14.83% | +20.66% | +6.79% | 100% | 45% |
| 10Y | +15.82% | +18.78% | +13.20% | 100% | 46% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity94.61%
- Debt0.17%
- Cash5.22%
- Other0.00%
Market Cap Split
- Large Cap63.31%
- Mid Cap16.90%
- Small Cap15.30%
- Others4.49%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 23.11 | 24.23 |
| P/B | 2.90 | 3.42 |
| Price / Sales | 2.48 | 3.01 |
| Price / Cash Flow | 16.14 | 18.56 |
| Dividend Yield (%) | 1.10 | 1.15 |
Holdings91
Top 5 Stocks26.71%
Top 10 Stocks38.58%
Top 3 Sectors37.37%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Kotak Bank | Banks | 6.76% | +0.06% |
| ICICI Bank | Banks | 6.45% | -1.34% |
| HDFC Bank | Banks | 5.92% | -0.35% |
| TREPS | Reverse Repo / TREPS | 5.27% | — |
| Reliance Industries | Petroleum Products | 4.65% | +0.72% |
| Adani Enterprises | Metals & Minerals Trading | 2.93% | -0.16% |
| Larsen & Toubro | Construction | 2.84% | -0.05% |
| Bajaj Finance | Finance | 2.65% | -0.23% |
| Torrent Power | Power | 2.33% | +0.18% |
| Cipla | Pharmaceuticals & Biotechnology | 2.13% | +0.02% |
| Tech Mahindra | IT - Software | 1.92% | -0.02% |
| Nykaa | Retailing | 1.92% | -0.06% |
| Axis Bank | Banks | 1.80% | +0.37% |
| Bharti Airtel | Telecom - Services | 1.79% | +0.04% |
| HDFC Life Insurance | Insurance | 1.77% | +0.03% |
View all 93 holdings
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.65% | -0.05% |
| Hindalco Industries | Non - Ferrous Metals | 1.44% | -0.03% |
| Cholamandalam Investment | Finance | 1.40% | -0.12% |
| AIA Engineering | Industrial Products | 1.39% | -0.49% |
| Asian Paints | Consumer Durables | 1.27% | -0.06% |
| Grindwell Norton | Industrial Products | 1.25% | +0.05% |
| Maruti Suzuki | Automobiles | 1.20% | -0.08% |
| Britannia Industries | Food Products | 1.19% | -0.03% |
| Muthoot Finance | Finance | 1.15% | -0.03% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 1.12% | -0.07% |
| Samvardhana Motherson International | Auto Components | 1.09% | +0.01% |
| TVS Holdings | Finance | 1.08% | -0.04% |
| Mahindra Lifespaces Developers | Realty | 1.08% | +0.05% |
| Eicher Motors | Automobiles | 1.04% | +0.45% |
| ICICI Prudential Life Insurance | Insurance | 1.02% | -0.11% |
| Adani Energy Solutions | Power | 0.99% | -0.02% |
| Mahindra & Mahindra | Automobiles | 0.98% | -0.05% |
| Navin Fluorine International | Chemicals & Petrochemicals | 0.97% | +0.34% |
| Bharat Forge | Auto Components | 0.94% | -0.03% |
| Tata Consultancy Services | IT - Software | 0.92% | -0.10% |
| Manappuram Finance | Finance | 0.92% | -0.02% |
| Groww | Capital Markets | 0.92% | — |
| Tata Steel | Ferrous Metals | 0.91% | +0.05% |
| Oil & Natural Gas Corporation | Oil | 0.90% | +0.02% |
| Medplus Health Services | Retailing | 0.89% | +0.03% |
| Infosys | IT - Software | 0.88% | -0.07% |
| Tata Communications | Telecom - Services | 0.88% | +0.01% |
| Sheela Foam | Consumer Durables | 0.87% | +0.03% |
| Bosch | Auto Components | 0.87% | +0.17% |
| One 97 Communications | Financial Technology (Fintech) | 0.84% | +0.03% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.84% | +0.03% |
| Delhivery | Transport Services | 0.82% | -0.05% |
| Sundaram Clayton | Auto Components | 0.79% | +0.00% |
| JSW Energy | Power | 0.74% | +0.01% |
| Bandhan Bank | Banks | 0.71% | +0.09% |
| Cummins | Industrial Products | 0.61% | -0.01% |
| Bank of Baroda | Banks | 0.57% | +0.01% |
| Godrej Consumer Products | Personal Products | 0.57% | +0.00% |
| Kajaria Ceramics | Consumer Durables | 0.55% | +0.03% |
| 360 One WAM | Capital Markets | 0.51% | -0.05% |
| Biocon | Pharmaceuticals & Biotechnology | 0.50% | -0.03% |
| Cholamandalam Financial Holdings | Finance | 0.48% | -0.01% |
| Berger Paints | Consumer Durables | 0.48% | -0.02% |
| Equitas Small Finance Bank | Banks | 0.48% | -0.01% |
| Shree Cement | Cement & Cement Products | 0.48% | +0.01% |
| United Breweries | Beverages | 0.47% | -0.03% |
| Jubilant FoodWorks | Leisure Services | 0.46% | -0.01% |
| Karur Vysya Bank | Banks | 0.45% | -0.01% |
| Fortis Healthcare | Equity | 0.45% | -0.05% |
| JSW Cement | Cement & Cement Products | 0.44% | -0.02% |
| Hexaware Technologies | IT - Software | 0.42% | -0.09% |
| Pitti Engineering | Industrial Manufacturing | 0.42% | +0.04% |
| BSE | Capital Markets | 0.41% | — |
| Balkrishna Industries | Auto Components | 0.40% | -0.01% |
| Niva Bupa Health Insurance Company | Insurance | 0.40% | -0.01% |
| GAIL | Gas | 0.40% | -0.56% |
| SBI Cards | Finance | 0.39% | — |
| Astral | Industrial Products | 0.37% | -0.01% |
| Heidelberg Cement | Cement & Cement Products | 0.34% | -0.04% |
| Krishna Institute of Medical Sciences | Equity | 0.33% | +0.01% |
| ICICI Lombard General Insurance | Insurance | 0.30% | — |
| Lupin | Pharmaceuticals & Biotechnology | 0.29% | -0.16% |
| Gujarat Energy | Gas | 0.28% | +0.00% |
| South Indian Bank | Banks | 0.27% | +0.02% |
| Aavas Financiers | Finance | 0.25% | -0.01% |
| Sundaram Finance | Finance | 0.22% | +0.07% |
| Timken | Industrial Products | 0.17% | +0.01% |
| MCX | Capital Markets | 0.16% | — |
| 364T191126 | Money Market | 0.13% | +0.01% |
| Deepak Fertilisers & Petrochemicals | Chemicals & Petrochemicals | 0.12% | +0.00% |
| Thermax | Electrical Equipment | 0.11% | -0.01% |
| Solar Industries | Chemicals & Petrochemicals | 0.08% | +0.00% |
| GSPL Transmission | Gas | 0.06% | +0.00% |
| TVS Holdings Ltd. | Finance | 0.04% | — |
| Tata Capital | Finance | 0.01% | +0.00% |
| Angel One | Capital Markets | 0.00% | — |
| Manpasand Beverages Ltd. | Beverages | 0.00% | — |
| Net Receivable / Payable | Derivatives | -0.95% | — |
Sector Allocation · Sep 2026
View all 33 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 13.31 | 15.31 | Low Volatility |
| 3Y | 13.18 | 15.06 | Low Volatility |
| 5Y | 13.44 | 14.95 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.78 | -0.64 | Below Average |
| 3Y | 0.53 | 0.25 | Above Average |
| 5Y | 0.54 | 0.20 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.47 | -0.25 | Below Average |
| 3Y | 1.48 | 0.95 | Above Average |
| 5Y | 1.42 | 0.83 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.97 | 0.97 | None |
| 3Y | 0.97 | 0.96 | Poor Risk Adjusted Returns |
| 5Y | 0.97 | 0.95 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Quant ELSS Tax Saver Fund
Regular Plan · IDCW Option
|
+7.29% | +14.05% | +12.86% | +6.96% |
|
BANK OF INDIA MID CAP TAX FUND SERIES 1
Direct Plan · IDCW
|
+5.64% | +14.68% | +11.35% | +13.71% |
|
JM ELSS - Tax Saver Fund
Regular Plan · IDCW Option
|
+1.79% | +14.74% | +11.28% | +8.95% |
|
BANK OF INDIA MID CAP TAX FUND Series 2
Direct Plan · IDCW
|
+1.69% | +13.49% | +10.51% | +17.18% |
|
WhiteOak Capital ELSS Tax Saver Fund
Direct Plan · IDCW Option
|
+0.68% | +16.26% | — | +16.99% |
|
HSBC ELSS Tax saver Fund
Regular Plan · Growth
|
+0.17% | +15.10% | — | +14.46% |
|
BANK OF INDIA ELSS TAX SAVER FUND
Regular Plan · IDCW
|
-0.32% | +11.18% | +9.76% | +6.87% |
|
Kotak ELSS Tax Saver Fund
Regular Plan · Payout of Income Distribution cum capital withdrawal option
|
-0.70% | +10.74% | +10.15% | +5.94% |
|
Sundaram Long Term Tax Advantage Fund Series III
Regular plan · Growth
|
-0.77% | +9.49% | +13.59% | +13.22% |
|
Edelweiss ELSS Tax Saver Fund
Regular Plan · Growth
|
-0.97% | +12.17% | +9.28% | +14.54% |
More From SBI Funds Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.44% | — | — | +34.72% |
|
SBI Silver ETF
Regular Plan · Growth
|
+26.42% | — | — | +34.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · Growth
|
+22.38% | — | — | +11.34% |
|
SBI HEALTHCARE OPPORTUNITIES FUND
Direct Plan · Growth
|
+19.90% | +25.12% | +19.50% | +18.09% |
|
SBI GOLD FUND
Direct Plan · IDCW
|
+16.75% | +30.91% | +23.28% | +10.52% |
|
SBI Gold ETF
Regular Plan · Growth
|
+16.74% | +30.67% | +23.17% | +12.71% |
|
SBI US Specific Equity Active FoF
Direct Plan · IDCW
|
+13.48% | +25.68% | +15.32% | +17.28% |
|
SBI MNC FUND
Direct Plan · Growth
|
+12.26% | +7.58% | +7.60% | +14.39% |
|
SBI CHILDREN'S FUND - SAVINGS PLAN
Direct Plan · Growth
|
+7.89% | +11.10% | +10.14% | +11.88% |
|
SBI Children's Fund - Investment Plan
Direct Plan · Growth
|
+7.83% | +20.32% | +17.52% | +30.91% |
About This Scheme
Investment Objective
The Objective of the Scheme is to provide investors capital appreciation through investment of at least 80 percent of its corpus in, inter alia, equity shares and convertible debentures. The Scheme has been approved as a tax saving scheme to provide tax benefit under Section 88 C of the Income-tax Act,1961 for initial investments up to Rs.100,000.
Stated Asset Allocation
Equities, Cumulative Convertible Preference Shares, and Fully Convertible Debentures (FCDs) & Bonds* 80%-100% High Money Market Instruments ** 0%-20% Low
Fund Managers
Mr. Dinesh Balachandran 09-Sep-2016 Mr. Dinesh Balachandran 09-Sep-2016 Mr. Dinesh Balachandran 09-Sep-2016
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
SBI Funds Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.