Fund Performance
Lumpsum
SIP
27.91
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,927 today.
NAV Performance
Fund Information
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₹ 292.354
as on 22 Sep 2023 -
Regular - Growth
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11 / 37
-
₹ 500
-
₹ 12,336 Cr.
as on 31 May 2023 -
1.72%
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31 Mar 1993
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S&P BSE 500 TRI
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SBI Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
SBI Long Term Equity Fund is an Open-ended Equity 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 Equity funds offered by SBI Mutual Fund.
Latest NAV of the fund is ₹ 292.354 as on 22 Sep 2023.
This fund has 30 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.72%. 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 Very 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 | 4.75% | 11.13% | 25.95% | 26.21% | 32.94% | 34.63% | 24.02% | 23.88% | 37.19% | 24.83% | 23.35% | 29.58% | 22.88% |
| Category Average | 2.08% | 7.00% | 18.95% | 14.97% | 9.09% | 23.43% | 13.43% | 16.24% | 23.94% | 15.54% | 16.51% | 17.49% | 14.39% |
| SBI Long Term Equity Fund | 3.49%₹ 10,348 | 11.13%₹ 11,112 | 25.95%₹ 12,594 | 26.21%₹ 12,620 | 37.19%₹ 14,298 | 15.48%₹ 13,336 | 24.83%₹ 30,486 | 27.91%₹ 20,927 | 23.34%₹ 50,572 | 15.94%₹ 20,967 | 21.83%₹ 1,03,213 | 16.23%₹ 45,059 | 15.19%₹ 2,65,878 |
| Quant Tax Plan | 2.94%₹ 10,293 | 10.59%₹ 11,059 | 22.67%₹ 12,266 | 8.73%₹ 10,873 | 24.21%₹ 13,520 | 13.60%₹ 12,904 | 18.03%₹ 28,654 | 34.63%₹ 24,399 | 23.35%₹ 50,575 | 24.02%₹ 29,375 | 29.58%₹ 1,24,236 | 23.88%₹ 85,294 | 22.88%₹ 4,02,701 |
| Kotak Tax Saver Fund | 2.07%₹ 10,207 | 7.43%₹ 10,742 | 18.37%₹ 11,837 | 15.68%₹ 11,567 | 24.00%₹ 13,507 | 11.37%₹ 12,403 | 17.36%₹ 28,475 | 25.31%₹ 19,675 | 18.36%₹ 47,184 | 15.80%₹ 20,840 | 19.32%₹ 97,112 | 17.49%₹ 50,207 | 15.69%₹ 2,73,129 |
| Mirae Asset Tax Saver Fund | 2.06%₹ 10,205 | 7.61%₹ 10,761 | 19.75%₹ 11,974 | 15.83%₹ 11,582 | 24.46%₹ 13,535 | 7.39%₹ 11,531 | 14.78%₹ 27,793 | 24.33%₹ 19,218 | 16.06%₹ 45,667 | 16.38%₹ 21,369 | 19.15%₹ 96,708 | - | - |
| IDFC Tax Advantage (elss) Fund | 1.43%₹ 10,143 | 7.96%₹ 10,795 | 21.34%₹ 12,134 | 18.67%₹ 11,867 | 27.81%₹ 13,738 | 12.77%₹ 12,718 | 18.74%₹ 28,844 | 30.96%₹ 22,461 | 21.42%₹ 49,243 | 16.19%₹ 21,195 | 22.65%₹ 1,05,277 | 18.51%₹ 54,755 | 16.97%₹ 2,92,511 |
| BOI AXA Tax Advantage Fund | 4.24%₹ 10,423 | 10.53%₹ 11,053 | 23.71%₹ 12,371 | 16.90%₹ 11,689 | 30.00%₹ 13,870 | 8.07%₹ 11,679 | 18.60%₹ 28,805 | 25.92%₹ 19,964 | 18.96%₹ 47,585 | 18.15%₹ 23,048 | 22.27%₹ 1,04,305 | 17.55%₹ 50,484 | 17.09%₹ 2,94,437 |
Portfolio Holdings
Top Sector Holdings of SBI Long Term Equity Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 17.48% | ₹ 2,367.06 Cr. |
| Refineries/Marketing | 6.86% | ₹ 927.46 Cr. |
| Passenger/Utility vehicles | 5.90% | ₹ 797.53 Cr. |
| Pharmaceuticals | 5.28% | ₹ 713.88 Cr. |
| Engineering, designing, construction | 4.56% | ₹ 617.04 Cr. |
| Others | 59.92% | - |
Top Stock Holdings of SBI Long Term Equity Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 5.20% | ₹ 703.91 Cr. |
| Larsen & Toubro Ltd. | 4.02% | ₹ 544.57 Cr. |
| Cummins India Ltd. | 4.01% | ₹ 543.47 Cr. |
| Reliance Industries Ltd. | 3.54% | ₹ 478.56 Cr. |
| Bharti Airtel Ltd. | 3.49% | ₹ 472.85 Cr. |
| Others | 79.74% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 7.15% |
| Net Receivables | 0.01% |