SBI ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹434.76+0.20%1 day
- Return since launch
- 12.3%
- 52-week range
- ₹391.37 — ₹457.30
- AUM
- ₹29,859 Cr
SBI ELSS Tax Saver Fund is a ELSS equity fund from SBI Mutual Fund with ₹29,859 Cr under management, launched in 2007. Over three years it has returned 3.8% a year, against 11.4% for its category. The expense ratio is 1.85% and the SEBI riskometer reading is Very High.
Performance
SBI ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.4% against 0.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.2% | +0.6 pts | 0.6% | 6.0% |
| 2Y | 1.5% | −2.8 pts | 4.3% | 3.9% |
| 3Y | 3.8% | −7.6 pts | 11.4% | 4.6% |
| 5Y | 12.6% | +2.8 pts | 9.8% | 9.3% |
| 7Y | 16.1% | +2.8 pts | 13.3% | 12.1% |
| 10Y | 15.1% | +2.2 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.5% | +0.8 pts | 6.7% | 7.5% |
| 3M | -1.2% | −0.7 pts | -0.5% | -0.5% |
| 6M | 1.7% | −3.0 pts | 4.6% | 4.7% |
| 1Y | -2.0% | −2.6 pts | 0.6% | 0.3% |
| 2Y | 0.5% | −1.3 pts | 1.9% | 1.4% |
| 3Y | 13.9% | +2.5 pts | 11.4% | 10.7% |
| 5Y | 13.2% | +3.4 pts | 9.8% | 8.8% |
| 7Y | 17.1% | +2.6 pts | 14.6% | 12.7% |
| 10Y | 13.8% | +0.8 pts | 12.9% | 11.5% |
Since launch (7 May 2007): 12.3%
Calendar-year returns
Category average18.9%
31.0%
6.9%
40.0%
27.8%
6.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.6% | +2.2 pts | 4.5% |
| 2024 | 27.8% | +7.5 pts | 20.3% |
| 2023 | 40.0% | +8.2 pts | 31.8% |
| 2022 | 6.9% | +3.5 pts | 3.5% |
| 2021 | 31.0% | −8.8 pts | 39.9% |
| 2020 | 18.9% | +0.2 pts | 18.7% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.83%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.34%
- Brokerage
- 0.06%
- Transaction charges
- 0.01%
- Statutory levies
- 0.42%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 500 TRI
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.50 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.48 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.64 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.53 | 17.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI ELSS Tax Saver Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.5%
- Debt0.2%
- Other4.3%
Market cap split
- Large66.3%
- Mid17.7%
- Small16.0%
- P/E
- 23.14
- P/B
- 2.90
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | 6.76% | ₹2,030 Cr | +6.42% | +4.94% | +2.39% |
| ICICI Bank Ltd. | Financial | 6.45% | ₹1,935 Cr | +9.51% | +9.34% | +3.29% |
| HDFC Bank Ltd. | Financial | 5.92% | ₹1,778 Cr | +7.29% | +4.14% | +8.94% |
| Reliance Industries Ltd. | Energy | 4.65% | ₹1,398 Cr | +2.96% | +5.33% | +5.06% |
| Others | Others | 4.32% | ₹1,298 Cr | -0.22% | -0.68% | -0.34% |
| Adani Enterprises Ltd. | Services | 2.93% | ₹879 Cr | +1.62% | — | — |
| Larsen & Toubro Ltd. | Construction | 2.84% | ₹853 Cr | +2.95% | +1.23% | +0.36% |
| Bajaj Finance Ltd. | Financial | 2.65% | ₹796 Cr | +1.97% | +0.71% | — |
| Torrent Power Ltd. | Energy | 2.33% | ₹699 Cr | +2.49% | +2.58% | +2.25% |
| Cipla Ltd. | Healthcare | 2.13% | ₹640 Cr | +2.19% | +2.05% | +3.01% |
| Tech Mahindra Ltd. | Technology | 1.92% | ₹576 Cr | +1.67% | +1.84% | +1.74% |
| FSN E-Commerce Ventures Ltd. | Services | 1.92% | ₹576 Cr | +1.76% | +1.82% | +1.68% |
| Axis Bank Ltd. | Financial | 1.80% | ₹539 Cr | — | +4.07% | +2.41% |
| Bharti Airtel Ltd. | Communication | 1.79% | ₹538 Cr | +1.78% | +1.92% | +1.89% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.77% | ₹531 Cr | +1.84% | +1.08% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.65% | ₹494 Cr | +1.59% | +0.59% | +0.50% |
| Hindalco Industries Ltd. | Metals & Mining | 1.44% | ₹431 Cr | +1.38% | +1.54% | +1.24% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.40% | ₹421 Cr | +1.46% | +0.95% | — |
| AIA Engineering Ltd. | Metals & Mining | 1.39% | ₹417 Cr | +2.37% | +1.90% | +1.49% |
| Asian Paints Ltd. | Materials | 1.27% | ₹382 Cr | +1.32% | +1.21% | +1.23% |
| Grindwell Norton Ltd. | Metals & Mining | 1.25% | ₹376 Cr | +1.30% | +0.91% | +1.00% |
| Maruti Suzuki India Ltd. | Automobile | 1.20% | ₹359 Cr | — | — | — |
| Britannia Industries Ltd. | Consumer Staples | 1.19% | ₹357 Cr | +1.09% | — | — |
| Muthoot Finance Ltd. | Financial | 1.15% | ₹344 Cr | +1.25% | +0.81% | — |
| TVS Holdings Ltd. | Automobile | 1.12% | ₹337 Cr | +2.30% | +2.64% | +2.26% |
| Tata Motors Ltd. | Automobile | 1.12% | ₹337 Cr | +1.06% | +1.11% | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.09% | ₹327 Cr | — | — | — |
| Mahindra Lifespace Developers Ltd. | Construction | 1.08% | ₹323 Cr | +1.03% | +0.93% | +1.04% |
| Eicher Motors Ltd. | Automobile | 1.04% | ₹311 Cr | — | — | — |
| ICICI Life Insurance Ltd. | Insurance | 1.02% | ₹306 Cr | +1.06% | +1.24% | +1.35% |
| Adani Energy Solutions Ltd. | Energy | 0.99% | ₹296 Cr | +1.06% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.98% | ₹295 Cr | +0.79% | +0.85% | +2.83% |
| Navin Fluorine International Ltd. | Chemicals | 0.97% | ₹290 Cr | +0.56% | — | — |
| Bharat Forge Ltd. | Automobile | 0.94% | ₹283 Cr | +0.99% | +0.87% | — |
| Tata Consultancy Services Ltd. | Technology | 0.92% | ₹277 Cr | +1.82% | +1.53% | +1.42% |
| Manappuram Finance Ltd. | Financial | 0.92% | ₹276 Cr | +0.51% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.92% | ₹276 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 0.91% | ₹273 Cr | +2.06% | +4.14% | +3.44% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.90% | ₹271 Cr | +1.62% | +1.70% | +1.34% |
| Medplus Health Services Ltd. | Healthcare | 0.89% | ₹266 Cr | +1.04% | +1.29% | +1.00% |
| Infosys Ltd. | Technology | 0.88% | ₹265 Cr | +0.84% | +2.23% | +1.58% |
| Tata Communications Ltd. | Communication | 0.88% | ₹265 Cr | +0.99% | +1.14% | +1.28% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.87% | ₹262 Cr | +0.97% | +0.68% | +0.19% |
| Bosch Ltd. | Automobile | 0.87% | ₹261 Cr | +0.21% | — | — |
| One 97 Communications Ltd. | Services | 0.84% | ₹252 Cr | — | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 0.84% | ₹251 Cr | +0.74% | — | — |
| Delhivery Ltd. | Services | 0.82% | ₹248 Cr | +0.90% | +0.89% | +0.89% |
| Sundaram - Clayton Dcd Ltd. | Financial | 0.79% | ₹236 Cr | +0.82% | +0.81% | +1.06% |
| JSW Energy Ltd. | Capital Goods | 0.74% | ₹221 Cr | +0.82% | — | — |
| Bandhan Bank Ltd. | Financial | 0.71% | ₹214 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 0.61% | ₹182 Cr | +0.68% | +0.61% | +0.99% |
| Bank Of Baroda | Financial | 0.57% | ₹172 Cr | +0.64% | +0.28% | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.57% | ₹170 Cr | +0.63% | +0.69% | +0.77% |
| Kajaria Ceramics Ltd. | Materials | 0.55% | ₹164 Cr | +0.53% | +0.45% | +0.54% |
| 360 One Wam Ltd. | Financial | 0.51% | ₹155 Cr | — | — | — |
| Biocon Ltd. | Healthcare | 0.50% | ₹151 Cr | +0.54% | +0.52% | — |
| Cholamandalam Financial Holdings Ltd. | Financial | 0.48% | ₹146 Cr | +0.55% | +0.38% | — |
| Berger Paints India Ltd. | Materials | 0.48% | ₹145 Cr | +0.51% | +0.46% | +0.54% |
| Equitas Small Finance Bank Ltd. | Financial | 0.48% | ₹145 Cr | +0.55% | +0.81% | +0.84% |
| Shree Cement Ltd. | Materials | 0.48% | ₹145 Cr | +0.51% | +0.52% | +0.62% |
| United Breweries Ltd. | Consumer Staples | 0.47% | ₹141 Cr | +0.51% | +0.66% | +0.72% |
| Jubilant FoodWorks Ltd. | Services | 0.46% | ₹137 Cr | +0.39% | +0.46% | +0.61% |
| Karur Vysya Bank Ltd. | Financial | 0.45% | ₹136 Cr | — | — | — |
| Fortis Healthcare Ltd. | Healthcare | 0.45% | ₹134 Cr | — | — | +0.66% |
| JSW Cement Ltd. | Materials | 0.44% | ₹132 Cr | +0.49% | +0.45% | +0.53% |
| Hexaware Technologies Ltd. | Technology | 0.42% | ₹127 Cr | +0.87% | +0.81% | +1.19% |
| Pitti Engineering Ltd. | Capital Goods | 0.42% | ₹125 Cr | +0.34% | +0.27% | +0.36% |
| BSE Ltd. | Services | 0.41% | ₹124 Cr | — | +0.30% | — |
| Balkrishna Industries Ltd. | Automobile | 0.40% | ₹121 Cr | +0.39% | +0.42% | +0.43% |
| Niva Bupa Health Insurance Company Ltd. | Insurance | 0.40% | ₹120 Cr | +0.43% | +0.40% | +0.43% |
| GAIL (India) Ltd. | Energy | 0.40% | ₹120 Cr | +1.44% | +1.28% | +1.54% |
| SBI Cards And Payment Services Ltd. | Financial | 0.39% | ₹116 Cr | — | — | — |
| Astral Ltd. | Materials | 0.37% | ₹110 Cr | — | — | — |
| Heidelberg Cement India Ltd. | Materials | 0.34% | ₹102 Cr | +0.37% | +0.37% | +0.51% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 0.33% | ₹98.86 Cr | +0.34% | — | — |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.30% | ₹90.19 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 0.29% | ₹85.75 Cr | +2.04% | +2.19% | +1.69% |
| Gujarat Energy Ltd. | Energy | 0.28% | ₹85.46 Cr | +0.37% | — | — |
| The South Indian Bank Ltd. | Financial | 0.27% | ₹82.30 Cr | +0.24% | — | — |
| Aavas Financiers Ltd. | Financial | 0.25% | ₹75.72 Cr | +0.31% | +0.25% | +0.35% |
| Sundaram Finance Ltd. | Financial | 0.22% | ₹66.12 Cr | — | — | — |
| Timken India Ltd. | Capital Goods | 0.17% | ₹50.81 Cr | +0.18% | +0.18% | +0.16% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.16% | ₹49.51 Cr | — | +0.54% | — |
| Reserve Bank of India | Financial | 0.13% | ₹39.72 Cr | +0.12% | +0.14% | +0.13% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 0.12% | ₹35.18 Cr | +0.13% | — | — |
| Thermax Ltd. | Capital Goods | 0.11% | ₹32.64 Cr | +0.24% | +0.69% | +0.63% |
| Solar Industries India Ltd. | Chemicals | 0.08% | ₹25.18 Cr | +0.08% | — | — |
| GSPL Transmission Ltd. | Energy | 0.06% | ₹17.31 Cr | — | — | — |
| Tata Capital Ltd. | Financial | 0.01% | ₹2.91 Cr | — | — | — |
| Angel One Ltd. | Financial | 0.00% | ₹0.01 Cr | +0.01% | — | — |
| Manpasand Beverages Ltd. | Consumer Staples | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.63% | -0.95% | -1.58% |
| ICICI Bank Ltd. | 7.79% | 6.45% | -1.34% |
| State Bank of India | 1.04% | 0.00% | -1.04% |
| Billionbrains Garage Ventures Ltd. | 0.00% | 0.92% | +0.92% |
| Reliance Industries Ltd. | 3.93% | 4.65% | +0.72% |
| Dhoot Transmission Ltd. | 0.64% | 0.00% | -0.64% |
| GAIL (India) Ltd. | 0.96% | 0.40% | -0.56% |
| AIA Engineering Ltd. | 1.88% | 1.39% | -0.49% |
| Eicher Motors Ltd. | 0.59% | 1.04% | +0.45% |
| BSE Ltd. | 0.00% | 0.41% | +0.41% |
| SBI Cards And Payment Services Ltd. | 0.00% | 0.39% | +0.39% |
| Axis Bank Ltd. | 1.43% | 1.80% | +0.37% |
| HDFC Bank Ltd. | 6.27% | 5.92% | -0.35% |
| Navin Fluorine International Ltd. | 0.63% | 0.97% | +0.34% |
| ICICI Lombard General Insurance Company Ltd. | 0.00% | 0.30% | +0.30% |
| Bajaj Finance Ltd. | 2.88% | 2.65% | -0.23% |
| Torrent Power Ltd. | 2.15% | 2.33% | +0.18% |
| Bosch Ltd. | 0.70% | 0.87% | +0.17% |
| Multi Commodity Exchange Of India Ltd. | 0.00% | 0.16% | +0.16% |
| Lupin Ltd. | 0.45% | 0.29% | -0.16% |
| Adani Enterprises Ltd. | 3.09% | 2.93% | -0.16% |
| Cholamandalam Investment and Finance Company Ltd. | 1.52% | 1.40% | -0.12% |
| ICICI Life Insurance Ltd. | 1.13% | 1.02% | -0.11% |
| Tata Consultancy Services Ltd. | 1.02% | 0.92% | -0.10% |
| Bandhan Bank Ltd. | 0.62% | 0.71% | +0.09% |
| Hexaware Technologies Ltd. | 0.51% | 0.42% | -0.09% |
| Maruti Suzuki India Ltd. | 1.28% | 1.20% | -0.08% |
| PB Fintech Ltd. | 0.08% | 0.00% | -0.08% |
| Sundaram Finance Ltd. | 0.15% | 0.22% | +0.07% |
| Tata Motors Ltd. | 1.19% | 1.12% | -0.07% |
| Infosys Ltd. | 0.95% | 0.88% | -0.07% |
| FSN E-Commerce Ventures Ltd. | 1.98% | 1.92% | -0.06% |
| Kotak Mahindra Bank Ltd. | 6.70% | 6.76% | +0.06% |
| Asian Paints Ltd. | 1.33% | 1.27% | -0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.70% | 1.65% | -0.05% |
| Grindwell Norton Ltd. | 1.20% | 1.25% | +0.05% |
| Fortis Healthcare Ltd. | 0.50% | 0.45% | -0.05% |
| Larsen & Toubro Ltd. | 2.89% | 2.84% | -0.05% |
| Tata Steel Ltd. | 0.86% | 0.91% | +0.05% |
| Mahindra & Mahindra Ltd. | 1.03% | 0.98% | -0.05% |
| Mahindra Lifespace Developers Ltd. | 1.03% | 1.08% | +0.05% |
| 360 One Wam Ltd. | 0.56% | 0.51% | -0.05% |
| Delhivery Ltd. | 0.87% | 0.82% | -0.05% |
| Bharti Airtel Ltd. | 1.75% | 1.79% | +0.04% |
| Heidelberg Cement India Ltd. | 0.38% | 0.34% | -0.04% |
| TVS Holdings Ltd. | 1.12% | 1.08% | -0.04% |
| Pitti Engineering Ltd. | 0.38% | 0.42% | +0.04% |
| Hindalco Industries Ltd. | 1.47% | 1.44% | -0.03% |
| Muthoot Finance Ltd. | 1.18% | 1.15% | -0.03% |
| Sheela Foam Ltd. | 0.84% | 0.87% | +0.03% |
| Britannia Industries Ltd. | 1.22% | 1.19% | -0.03% |
| Rallis India Ltd. | 0.03% | 0.00% | -0.03% |
| United Breweries Ltd. | 0.50% | 0.47% | -0.03% |
| One 97 Communications Ltd. | 0.81% | 0.84% | +0.03% |
| Biocon Ltd. | 0.53% | 0.50% | -0.03% |
| HDFC Life Insurance Co Ltd. | 1.74% | 1.77% | +0.03% |
| Bharat Forge Ltd. | 0.97% | 0.94% | -0.03% |
| Kajaria Ceramics Ltd. | 0.52% | 0.55% | +0.03% |
| Medplus Health Services Ltd. | 0.86% | 0.89% | +0.03% |
| Aurobindo Pharma Ltd. | 0.81% | 0.84% | +0.03% |
| The South Indian Bank Ltd. | 0.25% | 0.27% | +0.02% |
| Adani Energy Solutions Ltd. | 1.01% | 0.99% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.88% | 0.90% | +0.02% |
| Cipla Ltd. | 2.11% | 2.13% | +0.02% |
| JSW Cement Ltd. | 0.46% | 0.44% | -0.02% |
| Tech Mahindra Ltd. | 1.94% | 1.92% | -0.02% |
| Manappuram Finance Ltd. | 0.94% | 0.92% | -0.02% |
| Berger Paints India Ltd. | 0.50% | 0.48% | -0.02% |
| Astral Ltd. | 0.38% | 0.37% | -0.01% |
| Jubilant FoodWorks Ltd. | 0.47% | 0.46% | -0.01% |
| Tata Communications Ltd. | 0.87% | 0.88% | +0.01% |
| Cummins India Ltd. | 0.62% | 0.61% | -0.01% |
| Reserve Bank of India | 0.12% | 0.13% | +0.01% |
| Bank Of Baroda | 0.56% | 0.57% | +0.01% |
| Shree Cement Ltd. | 0.47% | 0.48% | +0.01% |
| Thermax Ltd. | 0.12% | 0.11% | -0.01% |
| Krishna Institute of Medical Sciences Ltd | 0.32% | 0.33% | +0.01% |
| Timken India Ltd. | 0.16% | 0.17% | +0.01% |
| Niva Bupa Health Insurance Company Ltd. | 0.41% | 0.40% | -0.01% |
| Equitas Small Finance Bank Ltd. | 0.49% | 0.48% | -0.01% |
| Aavas Financiers Ltd. | 0.26% | 0.25% | -0.01% |
| JSW Energy Ltd. | 0.73% | 0.74% | +0.01% |
| Samvardhana Motherson International Ltd. | 1.08% | 1.09% | +0.01% |
| Balkrishna Industries Ltd. | 0.41% | 0.40% | -0.01% |
| Karur Vysya Bank Ltd. | 0.46% | 0.45% | -0.01% |
| Cholamandalam Financial Holdings Ltd. | 0.49% | 0.48% | -0.01% |
| Gujarat Energy Ltd. | 0.28% | 0.28% | 0.00% |
| Solar Industries India Ltd. | 0.08% | 0.08% | 0.00% |
| Godrej Consumer Products Ltd. | 0.57% | 0.57% | 0.00% |
| Sundaram - Clayton Dcd Ltd. | 0.79% | 0.79% | 0.00% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 0.12% | 0.12% | 0.00% |
| GSPL Transmission Ltd. | 0.06% | 0.06% | 0.00% |
| Tata Capital Ltd. | 0.01% | 0.01% | 0.00% |
| Angel One Ltd. | 0.00% | 0.00% | 0.00% |
| Manpasand Beverages Ltd. | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,088 Cr | 2.35% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
Fund managers
- Milind AgrawalB. Tech.- Mechanical Engineering, PGDM - Finance, CFAPrior to joining SBI Mutual Fund he had worked with Goldman Sachs Services Pvt. Ltd. and Vadilal Enterprises Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.66% absolute | ₹60,000 | ₹60,996 | 1.66% | |
| 1 year−2.01% annualised | ₹1,20,000 | ₹1,18,701 | −1.08% | |
| 3 years13.90% annualised | ₹3,60,000 | ₹4,48,680 | 24.63% | |
| 5 years13.15% annualised | ₹6,00,000 | ₹8,51,577 | 41.93% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of SBI ELSS Tax Saver Fund?
The NAV of SBI ELSS Tax Saver Fund is ₹434.76 as on 9 Nov 2026.
What is the expense ratio of SBI ELSS Tax Saver Fund?
The expense ratio of SBI ELSS Tax Saver Fund is 1.85% per year.
What is the minimum SIP amount for SBI ELSS Tax Saver Fund?
You can start a SIP in SBI ELSS Tax Saver Fund with ₹3,000 a month.
What returns has SBI ELSS Tax Saver Fund given?
SBI ELSS Tax Saver Fund has returned 1.2% over 1 year, 3.8% over 3 years and 12.6% over 5 years (annualised).
Is there a lock-in or exit load on SBI ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is SBI ELSS Tax Saver Fund?
SBI ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages SBI ELSS Tax Saver Fund?
SBI ELSS Tax Saver Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.