November 7, 2022
mayank
SBI Long Term Equity Fund
NAV Growth: Rs 252.7050
NAV IDCW: Rs 69.6252
Suitable For Which Investors?
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.
Fund’s 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.
Fund Manager:
1) Dinesh Balachandran
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.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.29% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 10,867 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 1.17% |
| (As on 30-Sep-2022) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 17.00% |
SBI Long Term Equity Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI LT Eqt Dir | 7.47 | 0.09 | 5.38 | 6.77 | 12.56 | 4.39 | 18.92 | 10.87 | 12.13 | — |
| S&P BSE 500 TRI | 5.33 | 0.28 | 3.92 | 4.71 | 9.09 | 2.73 | 18.51 | 12.44 | 14.22 | — |
| Equity: ELSS | 3.75 | -0.01 | 3.49 | 5.14 | 9.81 | 1.92 | 17.9 | 11.89 | 13.8 | — |
| Rank within category | 5 | 10 | 1 | 8 | 5 | 8 | 12 | 21 | 23 | — |
| Number of funds in category | 36 | 37 | 36 | 36 | 36 | 36 | 36 | 32 | 28 | 1 |
SBI Long Term Equity Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI LT Eqt Dir | 3 star | 4.39 | 18.92 | 10.87 | 1.17 | 10,867 | 14.29 | — | 9yrs 10mo | 17.00 |
| Mirae Asset Tax Saver Dir | 5 star | -1.13 | 20.39 | 15.30 | 0.50 | 12,925 | 19.72 | — | 6yrs 10mo | 75.00 |
| DSP Tax Saver Dir | 4 star | 1.11 | 18.62 | 13.26 | 0.81 | 10,002 | 17.02 | — | 9yrs 10mo | 44.00 |
| Canara Robeco Eqt Tax Saver Dir | 5 star | 1.44 | 22.45 | 16.71 | 0.60 | 4,176 | 15.94 | — | 9yrs 10mo | 37.00 |
| IDFC Tax Advtg (ELSS) Dir | 4 star | 5.04 | 24.59 | 13.94 | 0.74 | 3,808 | 17.94 | — | 9yrs 10mo | 18.00 |
Portfolio Analysis
| No. of Stocks | 58 |
| Top 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 2.38 |
| Portfolio P/E Ratio | 18.07 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 93,810 | 1,42,533 |
| Giant (%) | 43.85 | 54.17 |
| Large (%) | 20.97 | 17.55 |
| Mid (%) | 25.49 | 22.01 |
| Small (%) | 9.69 | 6.43 |
| Tiny (%) | — | 0.28 |
Chanakya’s Mutual Fund Guidance For SBI Long Term Equity Fund
Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
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https://www.analysislibrary.com/
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