SBI Long Term Equity Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 404.22 as on 18-04-2024
Fund Performance
14176 people have invested ₹ 13.6Cr in SBI Long Term Equity Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 33.3% return, outperforming this fund by 11.61% per annum.
Over the last 6 months, this fund has experienced a 35.3% growth in AUM moving from 16.24K Cr to 21.97K Cr.
Over the last 1 year, this fund has decreased expense ratio by 10.3% moving from 1.07 to 0.96.
In the last 1 year, Quant ELSS Tax Saver Growth Option Direct Plan has given 61.86% return, outperforming this fund by 1.97%.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 0.96% which is lower than the category average expense ratio of 1.3%.
In the last 3 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 32.91% return, outperforming this fund by 4.44% per annum.
INDmoney Rank of SBI Long Term Equity Fund Direct Growth
Powered by IND quant engine
3
/23
84% Performance
44% Risk Management
28% Cost
3 out of 23 among elss (tax savings)
Pros
Generated Consistent Returns
Consistently beats benchmark
Outperformed benchmarks during bull run
Cons
Highly volatile within category
About the 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 ₹21976 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
SBI Long Term Equity Fund Direct Growth Overview
 | 0.96% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹21976 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 15.35% |
SBI Long Term Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
53.7%
Mid cap
23.1%
Small cap
13.3%
Sector Allocation
Financial Services
25.8%
Industrial
15.3%
Consumer Cyclical
11.2%
Health
9.3%
Energy
9%
Basic Materials
7.4%
Utilities
7.2%
Tech
7.2%
Communication
3.4%
Consumer Defensive
3.2%
Real Estate
0.9%
Top Holdings of SBI Long Term Equity Fund Direct Growth as on (31-Mar-24)
Equity Holdings64
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Torrent Power Ltd | 3.86% | 0% | |
 GE T&D India Ltd | 3.84% | 0% | |
 ICICI Bank Ltd | 3.69% | 0% | |
 State Bank of India | 3.2% | 6.9% | |
 Cummins India Ltd | 3.13% | -17.2% |
See all
SBI Long Term Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.58% in Mar'24
AUM Change
- AUM of the fund stands at 22K Cr as of Mar'24
- AUM increased by 773.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Long Term Equity Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Cummins India Ltd | 14.4% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 GE T&D India Ltd | -0.3% |
Peer Analysis
SBI Long Term Equity Fund Direct Growth Fund Manager
Dinesh Balachandran
Fund Manager of SBI Long Term Equity Fund Direct Growth, since 10 September 2016
Top funds managed
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 17.22% since inception which is more than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 90.16% in Equity, 0% in Debt and 9.84% in Cash related instruments
AUM size ₹21976 Cr
This fund has AUM of ₹21976 Cr which is more than its category average of ₹ 3525 Cr
Expense Ratio 0.96%
This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of SBI Long Term Equity Fund Direct Growth is ₹404.22 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
SBI Long Term Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.78% | 4.78% |
6 Month Returns | 29.06% | 29.06% |
1 Year Returns | 59.89% | 59.89% |
3 Years Returns | 112.03% | 28.47% |
5 Years Returns | 166.82% | 21.69% |
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0.96% as on March 2024
₹21976 Cr as on March 2024
Torrent Power Ltd(3.86%), GE T&D India Ltd(3.84%), ICICI Bank Ltd(3.69%), State Bank of India(3.2%), Cummins India Ltd(3.13%) as on March 2024
Financial Services(23.29%), Industrial(13.77%), Consumer Cyclical(10.1%) as on March 2024
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 | 13.66 | 7.67 | 3.97 |
As on March 2024
The alpha for SBI Long Term Equity Fund Direct Growth is calculated against S&P BSE 200 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 | 1.01 | 0.94 | 0.96 |
As on March 2024
The Beta for SBI Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 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 | 3.57 | 1.53 | 0.87 |
As on March 2024
The sharpe ratio for SBI Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 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 | 11.71 | 13.31 | 18.73 |
As on March 2024
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 3.08 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.83 as on March 2024. 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%