Great! You have sucessfully subscribed for newsletters for investments
Previously called: SBI Magnum Taxgain-G
Link copied to clipboard
NAV as of(Aug 31, 2021)
₹ 215.15 0.77 % 1-D Change
Returns since inception
- Direct - Growth
- Regular - Growth
Earn upto 0.59% extrareturns with Direct Plan
Not yet ranked
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
Minimum SIP amount is ₹
of every month
Please select SIP day
Minimum Lumpsum amount is ₹
This fund is non-buyable
This fund is no longer available to invest
This fund vs
- Category Avg
Show performance of:
- Monthly SIP
- One-time (Lumpsum)
- 1 month
- 3 months
- 6 months
- 1 year
- 3 years
- 5 years
- 10 years
About this Fund
SBI Long Term Equity Fund-Growth is a ELSS mutual fund scheme from SBI Mutual Fund. This fund has been in existence for 14 yrs 3 m, having been launched on 07/05/2007. SBI Long Term Equity Fund-Growth has ₹10,366 Crores worth of assets under management (AUM) as on 30/06/2021 and is medium-sized fund of its category. The fund has an expense ratio of 1.82%, which is higher than what most other ELSS funds charge.
- SBI Long Term Equity Fund-Growth returns of last 1-year are 51.98%. Since launch, it has delivered 16.52% average annual returns. The fund has doubled the money invested in it every 2 yrs.
- SBI Long Term Equity Fund-Growth schemes ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
- The fund has the majority of its money invested in Financial, Construction, Healthcare, Technology, Energy sectors. It has taken less exposure in Financial, Construction sectors compared to other funds in the category.
- The funds top 5 holdings are in ICICI Bank Ltd., Tech Mahindra Ltd., ICICI Prudential Life Insurance Company Ltd., Larsen & Toubro Ltd., Crompton Greaves Consumer Electricals Ltd..
Find your investor personality!
Answer a few simple questions and understand why you take the financial decisions you do.
Total investment Invested
Current value of investment Current value
You would have earned ₹ 1,001 in Direct Plan of this scheme
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.
- Top Stock Holdings
- Allocation by Market Cap
- Allocation by Sector
Top Stock Holdings
ICICI Prudential Life Insurance Company Ltd. 4.22%
Larsen & Toubro Ltd. 3.81%
- Top Debt Holdings
- Allocation by Credit Quality
- Allocation by Instruments
Top Debt Holdings
Bifurcation by Holding is not available for this fund
Allocation by Credit Quality
Bifurcation by Credit Quality is not available for this fund
Allocation by Instruments
Pick time period to see return
Sign-up for free to view funds trailing returns and ratings
|Period||Trailing returns||Category average||Rank within category|
|1 month||3.21%||3.8%||18 / 25|
|3 months||9.96%||11.1%||16 / 25|
|6 months||17.74%||18.65%||17 / 25|
|1 year||50.99%||55.69%||18 / 25|
|3 years||13.56%||14.55%||15 / 24|
|5 years||12.16%||14.58%||18 / 23|
|10 years||14.66%||15.77%||13 / 19|
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.
- Std. Dev : 21.97
- Alpha : 0.05
- Beta : 0.96
- Sharpe : 0.5
- Sortino : 0.57
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.
- Email: email@example.com
- Phone: 022-61793000 / 1800-425-5425
- Address: 9th Floor-Crescenzo, C-38 & 39-
G Block, Bandra-Kurla Complex,
Allocation Break-up by Holdings
ICICI Bank Ltd.4.88%
Tech Mahindra Ltd.4.53%
ICICI Prudential Life Insurance Company Ltd.4.22%
Larsen & Toubro Ltd.3.81%
Crompton Greaves Consumer Electricals Ltd.3.58%
State Bank of India3.2%
Bharti Airtel Ltd.3%
HDFC Bank Ltd.2.99%
Reliance Industries Ltd.2.96%
Ambuja Cements Ltd.2.94%
Axis Bank Ltd.2.59%
Cummins India Ltd.2.54%
Rallis India Ltd.2.08%
Torrent Power Ltd.2.08%
Sun Pharmaceutical Inds. Ltd.2.02%
Mahindra & Mahindra Ltd.1.97%
Federal Bank Ltd.1.76%
Page Industries Ltd.1.69%
IRB Infrastructure Developers Ltd.1.64%
Housing Development Finance Corpn. Ltd.1.62%
AIA Engineering Ltd.1.59%
Strides Shasun Ltd.1.51%
Alstom T&D India Ltd.1.4%
Mahindra & Mahindra Financial Services Ltd.1.26%
Indian Oil Corpn. Ltd.1.16%
Tata Power Co. Ltd.1.1%
Phoenix Mills Ltd.1.07%
Hindalco Industries Ltd.1.07%
Narayana Hrudayalaya Ltd.1.04%
Bharat Petroleum Corpn. Ltd.0.96%
Tata Motors Ltd.0.96%
Multi Commodity Exchange India0.93%
Tata Motors DVR0.92%
Computer Age Management Services Ltd.0.91%
ICICI Lombard General Insurance Comapny Limited0.91%
Maruti Suzuki India Ltd.0.81%
Sanofi India Ltd.0.79%
Aster DM Healthcare Ltd.0.67%
Tata Consultancy Services Ltd.0.67%
Container Corpn. Of India Ltd.0.62%
Hindustan Copper Ltd.0.62%
VA Tech Wabag Ltd0.56%
The New India Assurance Co. Ltd.0.54%
HCL Technologies Ltd.0.47%
Reliance Industries Ltd - PPE0.45%
Bharat Electronics Ltd.0.43%
Punjab National Bank0.41%
LIC Housing Finance Ltd.0.4%
Grindwell Norton Ltd.0.35%
Exide Industries Ltd.0.35%
Oil & Natural Gas Corpn. Ltd.0.32%
Allocation Break-up by Sectors
Allocation Break-up by Holdings
Allocation Break-up by Credit Quality
Allocation Break-up by Instruments
You have already selected 4 funds. Please remove a selected fund to compare this one.
Frequently asked questions
The SBI Long Term Equity Fund is a 14 yrs 3 m old fund and has delivered average annual returns of 11.515111522736365% since inception.
SBI Long Term Equity Fund Returns
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 Aug 31, 2021 is 215.15.
SBI Long Term Equity Fund-Growth is the regular plan of the fund. For this plan of you pay 1.82% as annual charges. On the other hand if you go for the direct plan available on ETMONEY, you pay 1.23%. Thats 0.59% less.
Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.
So, the lower annual cost of the direct plan means you will earn 0.59% if you opt for direct plan of SBI Long Term Equity Fund
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 1.82%. .
Redeeming your investments in SBI Long Term Equity Fund is super easy. If you have invested in this fund via ETMONEY, 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 portfolios 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 doesnt 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 ₹ 10,366 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.||4.88%|
|Tech Mahindra Ltd.||4.53%|
|ICICI Prudential Life Insurance Company Ltd.||4.22%|
|Larsen & Toubro Ltd.||3.81%|
|Crompton Greaves Consumer Electricals Ltd.||3.58%|
|State Bank of India||3.2%|
|Bharti Airtel Ltd.||3%|
|HDFC Bank Ltd.||2.99%|
The SBI Long Term Equity Fund has primarily invested in the following sectors
|Sector||Percentage of Portfolio|
Tell us about you
Find us at the office
Eastmond- Sukel street no. 62, 79540 Hanga Roa, Easter Island
Give us a ring
+74 201 709 645
Mon - Fri, 9:00-15:00