Investment type
SBI ELSS Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by SBI Mutual Fund. It was launched on 07 Feb 1992, and has been active for over 33 years. As of 31 Mar 2025 the fund manages assets worth ₹29,667 Crores. The expense ratio is 0.93%.
This fund generated returns of 3.97% in the last 1 year. Since its inception, it has provided an average annual return of 16.93%.
The fund's investments are mainly concentrated in sectors like Banks, Debt, IT-Software, Petroleum Products and Pharmaceuticals & Biotech.
The top five holdings in this fund include prominent companies such as HDFC Bank, TREPS, Reliance Industr, ICICI Bank and Tata Steel.
To deliver the benefits of investing 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.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
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