SBI ELSS Tax Saver Fund - Regular Plan- Growth

SBI ELSS Tax Saver Fund - Regular Plan- Growth is a scheme launched by SBI Mutual Fund on March 31, 1993, and falls under the ELSS fund category. It currently manages an AUM of Rs 29,937.4 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.59% for managing the portfolio.

• Investing Strategy:

  Deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

• Performance:

  SBI ELSS Tax Saver Fund - Regular Plan- Growth trailing returns over different times are -2.28% (1 year), 22.97% (3 year) and 25.2% (5 year). The average annual return of this fund stands at 2.72%.