SBI Long Term Equity Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 248 as on 31-03-2023
Fund Performance
2868 people have invested ₹ 2.9Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, HDFC TaxSaver -Direct Plan - Growth Option has given 8.98% return, outperforming SBI Long Term Equity Fund Direct Growth by 1.45%
In the last 3 years, Quant Tax Plan Growth Option Direct Plan has given 51.33% return, outperforming SBI Long Term Equity Fund Direct Growth by 19.98% per annum
In the last 5 years, Quant Tax Plan Growth Option Direct Plan has given 22.52% return, outperforming SBI Long Term Equity Fund Direct Growth by 10.61% per annum
Over the last 6 months, SBI Long Term Equity Fund Direct Growth has decreased expense ratio by 11.6% moving from 1.21 to 1.07
SBI Long Term Equity Fund Direct Growth expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.07% which is lower than the category average expense ratio of 1.42%
Over the last 6 months, SBI Long Term Equity Fund Direct Growth has experienced a 7.8% growth in AUM moving from 11.20K Cr to 12.07K Cr
INDmoney Rank
Powered by IND quant engine
10
/23
60% Performance
45% Risk Management
27% Cost
10 out of 23 among elss (tax savings)
Pros
Larger AUM within category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
SBI Long Term Equity Fund Direct Growth Performance as on (31-Mar-23)
About the Fund
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
1) SBI Long Term Equity Fund Direct Growth has a NAV of ₹247.9651 as on 31-03-2023.
2) SBI Long Term Equity Fund Direct Growth has ₹12073 Cr worth of assets under management (AUM) as on 28-02-2023 and is more than category average.
3) The fund has an expense ratio 1.07 %.
SBI Long Term Equity Fund Direct Growth Overview
 | 1.07% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹12073 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 28.17% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
61.6%
Mid cap
16.2%
Small cap
12.1%
Sector Allocation
Financial Services
30.7%
Industrial
13.8%
Consumer Cyclical
9%
Energy
9%
Tech
7.7%
Basic Materials
7.4%
Health
6.8%
Utilities
5.9%
Consumer Defensive
3.6%
Communication
3.6%
Real Estate
2.6%
Top Holdings of SBI Long Term Equity Fund Direct Growth as on (31-Mar-23)
Equity Holdings58
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 5.21% | 0% | |
 Larsen & Toubro Ltd | 4.28% | 0% | |
 Cummins India Ltd | 3.99% | 0% | |
 Reliance Industries Ltd | 3.7% | 0% | |
 Mahindra & Mahindra Ltd | 3.57% | 0% |
See all
SBI Long Term Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -0.92% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 1.30% in Feb'23
AUM Change
- AUM of the fund stands at 12.1K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 2.43% to 3%
Bharat Petroleum Corp Ltd's allocation increased from 1.04% to 1.55%
Mahindra & Mahindra Ltd's allocation increased from 3.58% to 3.9%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.54 % to 5.11 %
Reliance Industries Ltd's allocation decreased from 3.93 % to 3.58 %
State Bank of India's allocation decreased from 3.96 % to 3.52 %
Top 3 Sectors in February were Financial Services, Industrial & Consumer Cyclical
Feb'23
Financial Services
31%
Industrial
14%
Consumer Cyclical
9%
Jan'23
Financial Services
30%
Industrial
14%
Consumer Cyclical
9%
Gainers & Losers in SBI Long Term Equity Fund Direct Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Equitas Small Finance Bank Ltd | 34.4% |
 Torrent Power Ltd | 15.2% |
 Cummins India Ltd | 10.1% |
Top Losers | 1M Return |
|---|---|
 Tata Steel Ltd | -14.8% |
 Cipla Ltd | -12.2% |
 Mahindra & Mahindra Ltd | -6.1% |
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
Fund 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 13.54% since inception which is more than its category average return of 12.23%
Fund Allocations
This fund has an allocation of 90.01% in Equity, 0% in Debt and 9.99% in Cash related instruments
AUM size ₹12073 Cr
This fund has AUM of ₹12073 Cr which is more than its category average of ₹ 2528 Cr
Expense Ratio 1.07%
This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.56%
Frequently Asked Questions
The current NAV of SBI Long Term Equity Fund Direct Growth is 245.41 as on 29-Mar-2023.
Existing (Absolute + CAGR)
SBI Long Term Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.61% | -0.61% |
6 Month Returns | 4.94% | 4.94% |
1 Year Returns | 7.25% | 7.25% |
3 Years Returns | 127.55% | 31.53% |
5 Years Returns | 73.69% | 11.67% |
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.
1.07 as on March 2023
12073 Cr as on March 2023
ICICI Bank Ltd(5.11%),Larsen & Toubro Ltd(4.34%),Mahindra & Mahindra Ltd(3.9%),Cummins India Ltd(3.67%),Reliance Industries Ltd(3.58%) as on March 2023
Financial Services(28.27%),Industrial(12.71%),Consumer Cyclical(8.29%) as on March 2023
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 | 7.57 | 2.57 | 0.18 |
As on March 2023
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 | 0.87 | 0.93 | 0.95 |
As on March 2023
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 | 0.45 | 0.77 | 0.37 |
As on March 2023
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 | 14.51 | 21.52 | 19.09 |
As on March 2023
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 1.1 as on March 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.5 as on March 2023. 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%