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2 star

SBI Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.81 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.63 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 35.40 0.03 -0.65 4.52 11.05 27.45 58.91 21.86 14.03 13.19 --
S&P BSE 500 TRI 35.14 -0.58 -2.33 2.74 12.89 27.71 60.02 23.14 16.86 14.71 --
Equity: ELSS 35.56 -0.51 -2.24 2.79 11.45 27.66 59.31 23.02 16.06 15.16 --
Rank within category 19 1 1 4 26 25 21 22 27 24 --
Number of funds in category 38 38 38 38 38 38 38 35 34 29 1

As on 22-Oct-2021

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 58.91 21.86 14.03 1.23% 10,862
Axis Long Term Equity Fund - Direct Plan
4 star
Jan-13 61.88 26.11 19.09 0.74% 34,371
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 63.48 29.17 22.34 0.44% 9,832
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 66.82 27.40 17.53 0.81% 9,756
IDFC Tax Advantage (ELSS) Fund - Direct Plan
4 star
Jan-13 80.35 25.85 19.23 0.81% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 94.59 23-Mar-2020 - 23-Mar-2021 -33.13 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.36 21.18 0.73 0.80 0.95 -0.44
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 20.60 21.56 0.77 0.83 0.95 0.72
Rank within category 23 15 23 18 17 23
Number of funds in category 35 35 35 35 35 35

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 37.47
Top 5 Stocks (%) 21.36
Top 3 Sectors (%) 42.17
Portfolio P/B Ratio 2.93
Portfolio P/E Ratio 26.30

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 88,896 1,33,866
Giant (%) 36.16 51.26
Large (%) 25.65 16.18
Mid (%) 26.18 25.11
Small (%) 12.01 7.62
Tiny (%) -- 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
equal Tech Mahindra Technology 30.62 5.26 0.68 4.93
equal ICICI Bank Financial 26.31 6.48 2.97 4.79
equal ICICI Prudential Life Insurance Co. Ltd. Insurance 142.67 5.75 1.12 4.27
equal Larsen & Toubro Construction 20.20 4.77 2.40 3.87
equal Reliance Industries Energy 34.00 6.57 2.96 3.50
equal Bharti Airtel Communication 360.64 4.96 0.27 3.50
equal State Bank of India Financial 17.95 4.27 2.42 3.21
equal HDFC Bank Financial 27.22 7.05 2.82 3.19
equal Infosys Technology 34.62 5.39 2.49 3.13
equal Cipla Healthcare 28.44 4.85 0.72 3.08
equal Cummins India Engineering 29.50 2.89 0.00 2.82
equal Ambuja Cements Construction 23.49 3.90 2.73 2.73
down Crompton Greaves Consumer Electricals Consumer Durable 45.09 3.78 0.00 2.70
equal Axis Bank Financial 29.64 5.58 0.10 2.68
up Mahindra & Mahindra Automobile 47.18 3.32 1.08 2.52
equal Lupin Healthcare 25.25 2.60 1.06 2.35
equal IRB Infrastructure Dev Construction 47.00 1.94 1.01 1.94
down Torrent Power Energy 21.27 2.27 0.00 1.80
equal Rallis India Chemicals 27.83 2.57 0.67 1.75
equal HDFC Financial 26.03 4.80 1.55 1.75
equal ITC FMCG 20.93 4.75 1.48 1.70
equal Page Industries Textiles 107.90 2.11 0.00 1.62
equal The Federal Bank Financial 12.27 1.84 0.46 1.62
equal AIA Engineering Metals 31.19 1.73 0.00 1.48
equal M&M Financial Services Financial -- 1.47 0.00 1.47

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 30-Sep-2021

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 22-Oct-2021

Growth: ₹ 241.4683

IDCW: ₹ 73.4019


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
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 15.50%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 10,862 Cr (As on 30-Sep-2021)
Expense: 1.23% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 37.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW06-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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