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2 star

SBI Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment declined to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.51 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -7.24 -0.03 3.74 6.27 23.63 -7.36 -7.26 -0.14 3.09 11.52 --
S&P BSE 500 TRI -9.73 0.40 4.56 6.74 24.02 -9.08 -6.92 2.79 6.05 11.41 --
Equity: ELSS -9.57 0.42 3.69 5.68 20.78 -8.85 -6.53 1.74 5.67 13.18 --
Rank within category 11 35 21 12 5 13 18 25 27 21 --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 07-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Long Term Equity Fund - Direct Plan  | Invest Online
2 star
Jan-13 -7.26 -0.14 3.09 1.33 6,159
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 -1.11 7.90 8.76 0.93 19,127
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 -0.61 4.14 7.86 0.94 9,177
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -4.29 3.84 8.19 0.94 5,359
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 -0.98 7.37 -- 0.45 3,141

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.45 (01-Apr-2020 - 09-Apr-2020) -16.75 (16-Mar-2020 - 23-Mar-2020)
Month 21.03 (23-Mar-2020 - 22-Apr-2020) -35.44 (20-Feb-2020 - 23-Mar-2020)
Quarter 35.61 (24-Mar-2020 - 23-Jun-2020) -34.08 (23-Dec-2019 - 23-Mar-2020)
Year 75.06 (03-Sep-2013 - 03-Sep-2014) -33.13 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.59 21.40 -0.17 -0.20 0.98 -2.72
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 25 18 25 26 23 25
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 63
Top 10 Stocks (%) 38.59
Top 5 Stocks (%) 22.08
Top 3 Sectors (%) 49.36
Portfolio P/B Ratio 1.97
Portfolio P/E Ratio 17.08

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,122 81,886
Giant (%) 42.60 51.09
Large (%) 25.80 16.11
Mid (%) 21.13 24.48
Small (%) 10.37 8.30
Tiny (%) 0.10 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Bharti Airtel Communication -- 4.96 0.27 4.96
up Reliance Industries Energy 31.07 6.15 3.24 4.87
equal ICICI Prudential Life Insurance Co. Ltd. Financial 58.44 5.75 1.12 4.25
up Cipla Healthcare 33.37 4.10 0.00 4.10
equal Ambuja Cements Construction 17.85 3.90 1.94 3.90
up Infosys Technology 20.06 5.39 0.00 3.40
up HDFC Financial 15.30 4.80 1.12 3.39
up ICICI Bank Financial 25.29 7.57 3.38 3.38
up Larsen & Toubro Construction 13.86 4.77 3.01 3.29
down HDFC Bank Financial 22.46 7.05 3.05 3.05
up Tata Consultancy Services Technology 26.11 2.90 0.00 2.83
equal Crompton Greaves Consumer Electricals Cons Durable 30.06 2.68 0.00 2.48
up Mahindra & Mahindra Automobile 549.59 3.62 1.08 2.48
up State Bank of India Financial 8.74 6.12 2.44 2.44
equal Rallis India Chemicals 28.10 2.18 0.00 2.18
down ITC FMCG 15.81 6.23 1.14 2.15
up Page Industries Textiles 65.82 2.05 0.00 2.05
up Kotak Mahindra Bank Financial 31.47 3.35 0.00 1.96
equal Multi Commodity Exchange India Financial 28.27 1.95 0.00 1.95
equal Alkem Laboratories Healthcare 25.26 2.13 0.00 1.87
up Lupin Healthcare -- 2.60 0.00 1.86
equal JK Cement Construction 23.15 2.29 0.00 1.81
equal Torrent Power Energy 13.69 1.86 0.00 1.81
up HCL Technologies Technology 14.23 3.37 0.00 1.76
up Tech Mahindra Technology 13.96 1.79 0.65 1.74

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Dinesh Balachandran since 10-Sep-2016

Education: Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.

Experience: Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.

Funds Managed:


-0.03%

Change from previous, NAV as on 07-Jul-2020

Growth: ₹ 138.3066

Dividend: ₹ 42.0412


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.94%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 6,159 Cr (As on 31-May-2020)
Expense: 1.33% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 73.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend06-Mar-20203.8073

 08-Mar-20193.8073
 09-Mar-20185.0000
 17-Mar-20175.0000
 11-Mar-20165.0000
 27-Mar-20157.0000

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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