SBI Long Term Equity Fund Direct Growth
NAV as on 15-04-2025
₹ 435.37
▲2.1%
1D
Inception Returns
16.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
27830 people have invested ₹ 15Cr in SBI Long Term Equity Fund Direct Growth in the last three months
About SBI Long Term Equity Fund Direct Growth
SBI Long Term Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dinesh Balachandran. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Long Term Equity Fund Direct Growth has ₹27730 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 1.
Returns
SBI Long Term Equity Fund Direct Growth has given a CAGR return of 16.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.10%, 22.59% and 30.06% respectively.
Holdings
SBI Long Term Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Basic Materials, Industrial, Consumer Cyclical, Health, Utilities, Consumer Defensive, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Tata Steel Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Long Term Equity Fund Direct Growth
To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for SBI Long Term Equity Fund Direct Growth of 3 Years
SBI Long Term Equity Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | BSE 500 India TR INR |
| AUM | ₹27730 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 18.51% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for SBI Long Term Equity Fund Direct Growth
Powered by IND quant engine
2
/23
81% Performance
62% Risk Management
11% Cost
2 out of 23 among elss (tax savings)
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
61.3%
Mid cap
20.5%
Small cap
9.2%
Sector Allocation
Financial Services
30%
Tech
11.3%
Energy
10.2%
Basic Materials
9.1%
Industrial
9%
Consumer Cyclical
8.8%
Health
7.6%
Utilities
5.2%
Consumer Defensive
4.2%
Communication
3.8%
Real Estate
0.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.12% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 1.13% in Mar'25
- AUM of the fund stands at 27.7K Cr as of Mar'25
- AUM increased by 2K Cr between Mar'25 and Feb'25
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 3.77% to 5.18%
HDFC Bank Ltd's allocation increased from 8.01% to 9.42%
Torrent Power Ltd's allocation increased from 2.75% to 3.01%
Top Stocks sold last month
Tata Steel Ltd's allocation decreased from 5.26 % to 3.21 %
Mahindra & Mahindra Ltd's allocation decreased from 2.53 % to 2.42 %
Cipla Ltd's allocation decreased from 2.4 % to 2.28 %
Large Cap allocation has gone up from 58.9% to 61.3%
Small Cap allocation has gone down from 9.2% to 9.2%
Mid Cap allocation has gone up from 18.8% to 20.5%
Debt allocation has gone down from 0.2% to 0%
Cash allocation has gone down from 9.5% to 9%
Top 3 Sectors in March were Financial Services, Tech & Consumer Cyclical
Mar'25
Financial Services
30%
Tech
11%
Energy
10%
Feb'25
Financial Services
30%
Tech
11%
Consumer Cyclical
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.42% | 20.2% | |
 Reliance Industries Ltd | 5.18% | 39.6% | |
 ICICI Bank Ltd | 3.61% | 0% | |
 Bharti Airtel Ltd | 3.48% | 0% | |
 Tata Steel Ltd | 3.21% | 10.8% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Growth | 7.1% | 22.59% | 30.06% | 16.38% |
 LIC MF ELSS Tax Saver -Direct Plan Growth Option | 15.13% | 14.83% | 23.27% | 14.89% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 14.7% | 18.07% | 28.54% | 17.93% |
 HDFC ELSS TaxSaver -Direct Plan - Growth Option | 12.79% | 21% | 28.97% | 15.26% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 19.2% |
 HDFC Bank Ltd | 5.6% |
Loading...
We are taking more time than usual
Dinesh Balachandran
Fund Manager of SBI Long Term Equity Fund Direct Growth, since 10 September 2016
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.29%.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.38% return, outperforming this fund by 5.92% per annum.
Over the last 15 months, this fund has decreased expense ratio by 3.1% moving from 0.98 to 0.95.
Over the last 1 month, this fund has experienced a 7.8% growth in AUM moving from 25.72K Cr to 27.73K Cr.
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 10.14% return, outperforming this fund by 6.87%.
SBI Long Term Equity Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.38% since inception which is more than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 90.97% in Equity, 0% in Debt and 9.03% in Cash related instruments
AUM size ₹27730 Cr
This fund has AUM of ₹27730 Cr which is more than its category average of ₹ 4910 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.4%
Most Popular Comparisons
- Compare
SBI Long Term Equity FundVs
Axis ELSS Tax Saver Fund Direct Growth
- Compare
- SBI Long Term Equity FundVs
Mirae Asset ELSS Tax Saver Fund Direct Growth
- Compare
- SBI Long Term Equity FundVs
DSP ELSS Tax Saver Fund Direct Growth
- Compare
- SBI Long Term Equity FundVs
HDFC ELSS TaxSaver Fund Direct Growth
- Compare
- SBI Long Term Equity FundVs
Aditya Birla Sun Life ELSS Tax Saver Fund Direct Growth
More funds from SBI
5Y CAGR
▲ 31.71
5Y CAGR
▲ 32.33
5Y CAGR
▲ 25.91
5Y CAGR
▲ 35.36
5Y CAGR
▲ 25.70
Frequently Asked Questions for SBI Long Term Equity Fund Direct Growth
The current NAV of SBI Long Term Equity Fund Direct Growth is ₹435.37 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
SBI Long Term Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.18% | 3.18% |
6 Month Returns | -9.42% | -9.42% |
1 Year Returns | 7.1% | 7.1% |
3 Years Returns | 84.24% | 22.59% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.95% as on March 2025
₹27730 Cr as on March 2025
HDFC Bank Ltd(9.42%), Reliance Industries Ltd(5.18%), ICICI Bank Ltd(3.61%), Bharti Airtel Ltd(3.48%), Tata Steel Ltd(3.21%) as on March 2025
Financial Services(27.31%), Tech(10.29%), Energy(9.31%) as on March 2025
The alpha ratio for the SBI Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Long Term Equity Fund Direct Growth | 4.46 | 9.21 | 6.12 |
As on March 2025
The alpha for SBI Long Term Equity Fund Direct Growth is calculated against BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Long Term Equity Fund Direct Growth | 0.92 | 0.94 | 0.92 |
As on March 2025
The Beta for SBI Long Term Equity Fund Direct Growth is calculated with BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Long Term Equity Fund Direct Growth | 0.31 | 1.14 | 1.59 |
As on March 2025
The sharpe ratio for SBI Long Term Equity Fund Direct Growth is calculated with BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Long Term Equity Fund Direct Growth | 15.47 | 14.49 | 15.07 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.15 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.76 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Dinesh Balachandran is the fund manager of SBI Long Term Equity Fund Direct Growth
The Exit load of SBI Long Term Equity Fund Direct Growth is 0%