Fund Performance
Lumpsum
SIP
17.39
as on 24 Sep 20213 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,184 today.
NAV Performance
Fund Information
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₹ 221.137
as on 24 Sep 2021 -
Regular - Growth
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20 / 37
-
₹ 500
-
₹ 10,169 Cr.
as on 24 Sep 2021 -
1.77%
since 31 May 2021 -
31 Mar 1993
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S&P BSE 500 TRI
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SBI mutual fund
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Highlights of this fund
SBI Long Term Equity Fund is an Open-ended Tax Saver Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 31 Mar 1993. This fund is offered by one of the top AMC (Assets Management Company) SBI mutual fund. You can also view here all other Tax Saver funds offered by SBI mutual fund.
Latest NAV of the fund is ₹ 221.137 as on 24 Sep 2021.
This fund has 28 years of track record. Since 31 May 2021 expense ratio of this fund is 1.77%. Ideally you shoulds compare this fund with the benchmark S&P BSE 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
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.
List of Fund Managers of SBI Long Term Equity Fund
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About Dinesh Balachandran
Dinesh joined SBI FM in 2012 as a Senior Credit Analyst. He subsequently became Head of Research and is now an equity fund manager. He started his career with Fidelity in Boston USA in 2001 where as an analyst he covered Structured Finance, and local US fixed income market over 10 years. Dinesh holds a B.Tech degree from IIT, Mumbai and an M.S degree from Massachusetts Institute of Technology (MIT). He is also a Charter holder of the CFA Institute, USA.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 9.82% | 17.42% | 37.15% | 95.94% | 53.61% | 32.84% | 23.44% | 20.45% | 86.79% | 77.00% | 53.35% | 33.30% | 24.44% |
| Category Average | 7.24% | 12.62% | 24.94% | 68.23% | 26.39% | 18.42% | 14.88% | 16.37% | 57.82% | 44.98% | 31.05% | 20.25% | 17.24% |
| SBI Long Term Equity Fund | 6.22%₹ 10,622 | 10.16%₹ 11,016 | 23.29%₹ 12,328 | 63.32%₹ 16,332 | 52.36%₹ 15,181 | 26.05%₹ 15,899 | 42.84%₹ 35,546 | 17.39%₹ 16,184 | 29.34%₹ 54,886 | 12.47%₹ 18,010 | 18.43%₹ 95,028 | 15.11%₹ 40,890 | 15.28%₹ 2,67,157 |
| Mirae Asset Tax Saver Fund | 6.95%₹ 10,695 | 11.90%₹ 11,189 | 25.15%₹ 12,515 | 73.09%₹ 17,308 | 59.99%₹ 15,615 | 31.86%₹ 17,399 | 50.53%₹ 37,794 | 23.80%₹ 18,984 | 36.24%₹ 60,123 | 20.87%₹ 25,820 | 25.23%₹ 1,12,027 | - | - |
| Canara Robeco Equity Tax Saver Fund | 6.42%₹ 10,642 | 12.98%₹ 11,297 | 25.82%₹ 12,582 | 69.10%₹ 16,910 | 59.27%₹ 15,574 | 33.54%₹ 17,847 | 49.17%₹ 37,392 | 23.94%₹ 19,049 | 36.04%₹ 59,965 | 18.77%₹ 23,658 | 24.99%₹ 1,11,386 | 17.00%₹ 48,165 | 18.76%₹ 3,22,288 |
| Axis Long Term Equity Fund | 9.05%₹ 10,904 | 16.64%₹ 11,664 | 27.61%₹ 12,761 | 74.90%₹ 17,489 | 63.71%₹ 15,825 | 27.86%₹ 16,359 | 46.18%₹ 36,517 | 22.06%₹ 18,194 | 33.85%₹ 58,268 | 18.20%₹ 23,091 | 23.68%₹ 1,07,934 | 20.45%₹ 64,404 | 20.82%₹ 3,60,245 |
| Quant Tax Plan | 8.45%₹ 10,844 | 11.12%₹ 11,111 | 37.15%₹ 13,715 | 95.94%₹ 19,593 | 86.79%₹ 17,101 | 53.61%₹ 23,624 | 77.00%₹ 45,929 | 32.84%₹ 23,460 | 53.35%₹ 74,519 | 23.44%₹ 28,695 | 33.30%₹ 1,35,653 | 18.61%₹ 55,224 | 24.44%₹ 4,38,118 |
| Invesco India Tax Plan | 7.66%₹ 10,766 | 13.31%₹ 11,331 | 25.75%₹ 12,574 | 63.43%₹ 16,343 | 56.26%₹ 15,403 | 27.79%₹ 16,340 | 44.00%₹ 35,883 | 19.14%₹ 16,917 | 31.43%₹ 56,439 | 16.24%₹ 21,237 | 21.35%₹ 1,02,022 | 17.54%₹ 50,427 | 18.54%₹ 3,18,423 |
Portfolio Holdings
Top Sector Holdings of SBI Long Term Equity Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 17.24% | ₹ 1,751.58 Cr. |
| Pharmaceuticals | 9.21% | ₹ 936.63 Cr. |
| Refineries/marketing | 5.87% | ₹ 597.56 Cr. |
| Insurance | 5.71% | ₹ 581.36 Cr. |
| Passenger/utility vehicles | 5.17% | ₹ 524.57 Cr. |
| Others | 56.80% | - |
Top Stock Holdings of SBI Long Term Equity Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 5.35% | ₹ 543.60 Cr. |
| Tech Mahindra Ltd. | 4.18% | ₹ 425.12 Cr. |
| ICICI Prudential Life Insurance Co Ltd. | 4.16% | ₹ 423.06 Cr. |
| Larsen & Toubro Ltd. | 3.64% | ₹ 370.48 Cr. |
| Crompton Greaves Consumer Electricals Ltd. | 3.26% | ₹ 331.18 Cr. |
| Others | 79.41% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Reverse Repo | 0.91% |
| TREPS | 0.27% |
| Net Receivables | 0.15% |