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NAV as of ( Sep 09, 2022 )
₹ 247.76 0.07 % 1-D Change
You get upto 0.56% extra returns
ET Money Rank
Out of 26
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||6 Out of 26|
|Expense ratio||1.21% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 11,204 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||S&P BSE 500 TRI|
SIP ₹ 500 &
Lumpsum ₹ 500
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 57.08%
Mid Cap 21.91%
Small Cap 11.67%
Other Cap 0%
Bifurcation by Holding is not available for this fund
Bifurcation by Credit Quality is not available for this fund
Reverse Repo 4.46%
Net Receivables 0.19%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Quant Tax Plan||23.64%|
|Canara Robeco Equity Tax Saver Fund||17.09%|
|Mirae Asset Tax Saver Fund||16.32%|
|IDFC Tax Advantage (ELSS) Fund||14.28%|
|Kotak Tax Saver Fund||14.19%|
|PGIM India ELSS Tax Saver Fund||13.96%|
|Nippon India Tax Saver (ELSS) Fund||6.23%|
|Franklin India Taxshield Fund||11.93%|
|UTI Long Term Equity Fund||13.35%|
|Sundaram Tax Savings Fund||12.02%|
|SBI Long Term Equity Fund||11.59%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||2.8%||2.42%||7 / 24|
|3 months||15.56%||15.89%||13 / 24|
|6 months||10.67%||8.42%||4 / 24|
|1 year||7.91%||5.34%||10 / 24|
|3 years||21.5%||21.71%||11 / 24|
|5 years||11.59%||12.68%||16 / 23|
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
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.
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
As on Jun 30, 2022
The SBI Long Term Equity Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 14.28% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of SBI Long Term Equity Fund for Sep 09, 2022 is 247.76 .
SBI Long Term Equity Fund has an ET Money Rank of # 6 of 26 and a consistency rating of 3 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in SBI Long Term Equity Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of SBI Long Term Equity Fund is 1.21%. .
Redeeming your investments in SBI Long Term Equity Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in SBI Long Term Equity Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of SBI Long Term Equity Fund is ₹11,204 Crs.
The SBI Long Term Equity Fund has invested the majority of its money in the stocks of the following companies -
|Company||Percentage of Portfolio|
|ICICI Bank Ltd.||5.87%|
|Reliance Industries Ltd.||4.33%|
|Larsen & Toubro Ltd.||4.24%|
|Mahindra & Mahindra Ltd.||3.99%|
|ICICI Prudential Life Insurance Company Ltd.||3.66%|
|State Bank of India||3.64%|
|Cummins India Ltd.||3.29%|
|HDFC Bank Ltd.||2.88%|
The SBI Long Term Equity Fund has primarily invested in the following sectors
|Sector||Percentage of Portfolio|
|Metals & Mining||3.28%|