--- title: SBI ELSS Tax Saver Fund canonical_url: https://sanchaykaro.com/sbi-elss-tax-saver-fund/ last_updated: 2026-04-23T11:32:53+00:00 plugin_version: 1.2.1 --- # SBI ELSS Tax Saver Fund When it comes to saving tax and building long-term wealth, **SBI ELSS Tax Saver Fund** stands as one of India's most trusted and best-performing ELSS funds. With over **32 years of track record**, it has consistently delivered strong returns while helping investors save tax under Section 80C. --- 🔍 What is an ELSS Fund? ----------------------- An **ELSS (Equity Linked Savings Scheme)** is a mutual fund that allows you to save up to **₹1.5 lakh per year** under Section 80C of the Income Tax Act while investing in equity markets for long-term growth. **Key features:** - Lock-in period of only **3 years** – shortest among all 80C options - At least **80% invested in equities** - Option to invest via **SIP (as low as ₹500)** or lump sum --- 🌟 Why Choose SBI ELSS Tax Saver Fund? ------------------------------------- ### 📊 Current Fund Snapshot (as of March 2026) ParameterRegular PlanDirect Plan**NAV**₹417.12 (Mar 18, 2026) ₹452.70 (Mar 18, 2026) **AUM (Fund Size)**₹32,171 Crore ₹32,171 Crore**Expense Ratio**1.57% 0.93% **Launch Date**March 31, 1993 January 2, 2013 **Benchmark**BSE 500 TRI BSE 500 TRI **Risk Level**Very HighVery High**Morningstar Rating**⭐⭐⭐⭐⭐ (5 Star) —--- ### 📈 Outstanding Performance Track Record #### Trailing Returns (as of March 2026) PeriodRegular Plan ReturnsDirect Plan ReturnsCategory Average**1 Month**-7.65% -6.4% -7.94%**3 Months**-6.48% -7.0% -7.94%**6 Months**-6.05% -5.59% -8.57%**1 Year**4.60% 4.62% 5.70%**3 Years****21.54%** **22.64%** 16.02%**5 Years****18.39%** **18.95%** 13.46%**10 Years****15.05%** **15.61%** 13.48%> ⭐ **Key Takeaway:** SBI ELSS has consistently outperformed the category average across all time periods – 3-year, 5-year, and 10-year returns are significantly higher than peers . > > --- > > ### 📊 Annual Returns (Regular Plan) > > YearSBI ELSS ReturnsCategory AverageRank20256.60%3.94%17/55 2024**27.74%**19.91%7/55 2023**40.00%**27.92%6/52 20226.93%2.32%6/50 202131.04%31.86%34/50 202018.87%16.21%17/50 --- > > ### 📈 How Much Can Your Money Grow? > > #### Lumpsum Example (₹1,00,000 Investment) > > PeriodValue Would BecomeAbsolute Return3 Years₹1,79,53079.53% 5 Years₹2,32,610132.61% 10 Years₹4,06,200306.20% #### SIP Example (₹5,000 per month) > > PeriodTotal InvestmentValue After Period3 Years₹1,80,000₹2,04,014 5 Years₹3,00,000₹4,36,831 10 Years₹6,00,000₹14,04,490 --- > > ### 📊 Portfolio Allocation (as of March 2026) > > #### Asset Allocation > > Asset TypePercentage**Equity**97.79% **Cash & Cash Equivalents**2.09%**Debt**0.12%#### Market Cap Allocation > > CategoryPercentage**Large Cap**62.83% **Mid Cap**20.25% **Small Cap**13.18% #### Top Sectors > > SectorAllocation**Financial Services**28-32% **Energy**6-13%**Metals & Mining**3-8%**Automobile**3-7%**IT - Software**8.4% #### Top 10 Stock Holdings > > StockSectorWeightage**HDFC Bank Ltd.**Financial Services8.34% **ICICI Bank Ltd.**Financial Services7.74% **Reliance Industries Ltd.**Energy4.89-4.94% **State Bank of India**Financial Services4.61% **Axis Bank Ltd.**Financial Services4.29-4.30% **Kotak Mahindra Bank Ltd.**Financial Services4.23% **Tata Steel Ltd.**Metals & Mining4.09% **Torrent Power Ltd.**Energy2.73% **Mahindra & Mahindra Ltd.**Automobile2.66% **Cipla Ltd.**Healthcare2.56% --- > > [[SIP for new car buy](https://sanchaykaro.com/sip-for-new-car-buy/)](https://sanchaykaro.com/sip-for-new-car-buy/)### 🛡️ Risk Metrics (3-Year Analysis) > > MetricSBI ELSSCategory AverageMeaning**Standard Deviation**12.81% 12.91%Lower volatility than average**Beta**0.97 0.96In line with market movements**Sharpe Ratio**1.27-1.34 0.82**Excellent risk-adjusted returns****Sortino Ratio**2.35 1.35**Strong downside protection****Alpha**6.50 —Outperformed benchmark**Portfolio Turnover**19.46% 60.40%Very low churn – long-term holding> ✅ **Key Takeaway:** The fund has **lower volatility than category average** while delivering **superior risk-adjusted returns** – perfect for long-term wealth creation. > > > > --- > > > > ### 👥 Experienced Fund Management > > > > Fund ManagerQualificationExperienceTenure**Milind Agrawal**B.Tech, PGDM (Finance), CFA Prior experience with Goldman Sachs Services Since Jan 2026 **Investment Team Strengths:** > > > > - Part of SBI Funds Management Ltd – India's largest AMC > > - Over 32 years of market experience > > - Disciplined value-oriented investment approach > > --- > > > > ## 💰 Tax Benefits in 2026 – Important Update > > > > ### Section 80C Deduction > > > > ParticularsDetails**Investment Limit**Up to ₹1.5 lakh per year **Tax Saved**Up to **₹46,800** (30% bracket + 4% cess)**Available In****Old Tax Regime Only**### Tax on Returns (as per 2026 rules) > > > > Holding PeriodTax Rate**Short Term (less than 1 year)**20% **Long Term (more than 1 year)**Gains up to ₹1.25 lakh/year: **Tax-free** Gains above ₹1.25 lakh/year: **12.5%** --- > > > > ## 💡 Who Should Invest? > > > > ✅ **Salaried individuals** looking for tax-saving with equity growth potential > > ✅ **Long-term investors** with 3+ year investment horizon > > ✅ **First-time investors** wanting to start equity investing via SIP > > ✅ **Old tax regime taxpayers** who can claim Section 80C benefits > > ✅ **Investors seeking stable, large-cap oriented ELSS with consistent track record** > > > > [[Unlock your recommondations](https://apirrabbit.com/api/v1/master/LandingPage?arn=ARN-301757)](https://apirrabbit.com/api/v1/master/LandingPage?arn=ARN-301757)--- > > > > ## 📋 Key Benefits at a Glance > > > > BenefitDetails**Lock-in Period**3 years – shortest among 80C options**Minimum SIP**₹500 – highly accessible **Minimum Lumpsum**₹500 – very low entry barrier **Exit Load****Nil** after lock-in period **Fund Age**32+ years – proven track record**AUM**₹32,171 Crore – highly liquid**No. of Stocks**82-84 well-diversified holdings --- > > > > ## 🏆 Why SBI ELSS Stands Out from Peers > > > > ParameterSBI ELSSCategory Average**3-Year Return**21.54%15.12% **5-Year Return**18.39%12.30-13.55% **Sharpe Ratio**1.270.82 **Portfolio Turnover**19.46%60.40% **P/E Ratio**5.7019.88 > ⭐ **Distinction:** The fund has a remarkably low **P/E Ratio of 5.70** compared to category average of 19.88 – indicating it invests in **value stocks** with strong fundamentals . > > > > > > --- > > > > > > ## 📋 Smart Investment Strategy for 2026 > > > > > > ### 1️⃣ Choose Your Tax Regime Wisely > > > > > > - **Old Tax Regime:** Claim 80C deduction – SBI ELSS is ideal > > > - **New Tax Regime:** No tax benefit – consider flexi-cap funds without lock-in > > > ### 2️⃣ Start with SIP > > > > > > - Minimum SIP: **₹500 per month** > > > - Disciplined investing reduces market timing risk > > > - Helps average out purchase cost over time > > > ### 3️⃣ Stay Invested Beyond Lock-in > > > > > > - 3 years is just the minimum – longer holding (5-10 years) delivers superior returns > > > - Historical 10-year returns: **15.61%** (Direct plan) > > > ### 4️⃣ Plan Your Redemptions > > > > > > - Since ₹1.25 lakh LTCG is tax-free annually, stagger redemptions across financial years > > > --- > > > > > > ## 📱 How to Invest? > > > > > > You can start investing in **SBI ELSS Tax Saver Fund** with just **₹500 per month** via SIP. > > > > > > ### 🎉 Good News! > > > > > > The **SanchayKaro Investment App** is officially LIVE! > > > > > > Now track & invest in mutual funds anytime, anywhere. > > > Download now 👇 > > > > > > 📲 **Android:** [https://play.google.com/store/apps/details?id=com.rrabbit.sanchaykaro&pcampaignid=web\_share](https://play.google.com/store/apps/details?id=com.rrabbit.sanchaykaro&pcampaignid=web_share) > > > 📲 **Apple:** > > > > > > **Smart Investment. Simple Process. Secure Platform.** 🔒📈 > > > > > > --- > > > > > > ## 🏁 Final Thoughts > > > > > > The **SBI ELSS Tax Saver Fund** offers the perfect combination of: > > > > > > FeatureBenefit✅ **Tax Savings**Up to ₹46,800 (Old Regime)✅ **Wealth Creation**21-22% CAGR over 3 years✅ **Proven Track Record**32+ years of consistent performance✅ **Lower Volatility**Beta 0.97, Std Dev below category✅ **Value Investing**Low P/E ratio – quality stocks✅ **Low Churn**19.46% turnover – long-term focus✅ **Large AUM**₹32,171 Cr – highly liquidIf you want to **reduce your tax burden** and **build long-term wealth** with one of India's most trusted fund houses,[ **SBI**](https://en.wikipedia.org/wiki/SBI_Mutual_Fund) **ELSS Tax Saver Fund** deserves a place in your **2026 portfolio**.