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3 star

SBI Long Term Equity Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.62 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.26 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.

Read more

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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 30.19 -0.63 0.25 -3.58 1.57 11.37 37.53 17.50 14.44 10.61 15.10
S&P BSE 500 TRI 30.36 -0.80 1.01 -2.82 0.68 11.49 37.96 19.12 17.93 12.93 15.53
Equity: ELSS 30.18 -0.65 0.89 -3.16 0.68 12.19 37.51 18.09 16.15 12.16 16.03
Rank within category 21 16 36 21 12 27 22 19 23 23 18
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 03-Dec-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  | Invest Online
3 star
Mar-93 37.53 17.50 14.44 1.81% 11,094
Axis Long Term Equity Fund
4 star
Dec-09 33.43 20.49 19.35 1.58% 34,235
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 40.94 23.05 21.88 1.70% 10,146
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 42.06 21.39 17.31 1.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 52.37 20.88 19.49 1.94% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 19.77 13-May-2009 - 20-May-2009 -17.03 15-Jan-2008 - 22-Jan-2008
Month 33.82 11-May-2009 - 10-Jun-2009 -35.47 20-Feb-2020 - 23-Mar-2020
Quarter 78.26 09-Mar-2009 - 10-Jun-2009 -40.38 02-Sep-2008 - 02-Dec-2008
Year 110.19 09-Mar-2009 - 11-Mar-2010 -57.04 04-Dec-2007 - 03-Dec-2008

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.28 21.20 0.68 0.75 0.95 -0.69
S&P BSE 500 TRI 19.76 21.92 0.73 0.84 -- --
Equity: ELSS 18.76 21.47 0.70 0.75 0.95 -0.21
Rank within category 20 16 19 16 16 18
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-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 36.89
Top 5 Stocks (%) 21.29
Top 3 Sectors (%) 41.84
Portfolio P/B Ratio 2.93
Portfolio P/E Ratio 24.54

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 96,399 1,36,970
Giant (%) 43.64 53.06
Large (%) 18.82 14.68
Mid (%) 28.65 25.08
Small (%) 8.89 7.34
Tiny (%) -- 0.21

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 ICICI Bank Financial 23.44 6.48 2.97 5.36
down Tech Mahindra Technology 30.54 5.26 0.68 4.35
equal Larsen & Toubro Construction 28.92 4.77 2.40 3.93
equal ICICI Prudential Life Insurance Co. Ltd. Insurance 138.39 5.75 1.12 3.85
up Infosys Technology 34.93 5.39 2.49 3.80
equal State Bank of India Financial 14.74 4.12 2.42 3.48
equal Reliance Industries Energy 31.17 6.57 2.96 3.45
equal HDFC Bank Financial 24.50 7.05 2.82 3.10
up Bharti Airtel Communication 139.49 4.96 0.27 2.79
equal Cipla Healthcare 28.43 4.85 0.72 2.78
equal Mahindra & Mahindra Automobile 25.19 3.32 1.08 2.72
equal Ambuja Cements Construction 23.22 3.90 2.71 2.71
equal Crompton Greaves Consumer Electricals Consumer Durable 41.11 3.78 0.00 2.57
equal Axis Bank Financial 20.63 5.58 0.10 2.54
equal Cummins India Engineering 29.13 2.89 0.00 2.49
equal Lupin Healthcare -- 2.60 1.06 2.24
equal Page Industries Textiles 97.18 2.11 0.00 1.88
equal The Federal Bank Financial 10.52 1.84 0.46 1.83
equal HDFC Financial 24.08 4.80 1.55 1.77
equal Torrent Power Energy 21.03 2.27 0.00 1.74
equal Rallis India Chemicals 25.74 2.57 0.67 1.59
equal ITC FMCG 19.14 4.66 1.48 1.58
equal Tata Motors DVR Automobile -- 1.52 0.29 1.52
equal AIA Engineering Metals 29.85 1.73 0.00 1.42
up Bharat Petroleum Corporation Energy 4.67 1.62 0.00 1.41

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-Oct-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.

Interviews:

Funds Managed:


-0.63%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 221.3150

IDCW: ₹ 55.0498


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: 31-Mar-1993
Return Since Launch: 16.47%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 11,094 Cr (As on 31-Oct-2021)
Expense: 1.81% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 37.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW06-Mar-20203.0104

 08-Mar-20193.0104
 09-Mar-20184.0000
 17-Mar-20174.0000
 11-Mar-20164.0000
 27-Mar-20155.5000
 28-Mar-20143.5000
 28-Mar-20133.5000
 22-Mar-20123.5000
 18-Mar-20114.0000
 05-Mar-20104.0000
 29-May-20092.8000
 15-Feb-200811.0000
 02-Mar-200711.0000
 10-Mar-200615.0000
 10-Jun-200510.2000
 29-Oct-20042.7000
 26-Mar-20041.5000
 31-Dec-20031.5000
 26-Sep-20031.5000
 15-Dec-19992.5000
 31-Mar-19960.8000
 24-Mar-19951.0000

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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