SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl

Equity
Direct
Elss (Tax Savings)
SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl

About the Fund

SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl has ₹23888 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl has given a CAGR return of 17.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 60.52%, 29.06% and 24.77% respectively.

Holdings

SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Energy, Health, Utilities, Basic Materials, Tech, Communication, Consumer Defensive, Real Estate. Its top holdings are GE T&D India Ltd, HDFC Bank Ltd, Torrent Power Ltd, Mahindra & Mahindra Ltd, ICICI Bank 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl

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 0.00 and for SIP is INR 0.00. There is a lock in period for SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl of 3 Years

Fund Performance
zero opening, trading, fund transfer fee
54 people have invested ₹ 3.5L in SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl in the last three months

Fund Overview

Expense ratio0.94%
Benchmark
S&P BSE 200 India TR INR
AUM₹23888 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
15.35%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 91%

  • Debt & Cash 9.1%

Large cap
54.2%

Mid cap
22.1%

Small cap
14.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
25.5%
Industrial
17%
Consumer Cyclical
11.3%
Energy
10.2%
Health
8.4%
Utilities
7.3%
Basic Materials
7.1%
Tech
6%
Communication
3.5%
Consumer Defensive
2.9%
Real Estate
0.8%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Dinesh Balachandran
Dinesh Balachandran
Fund Manager of SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl, since 10 September 2016

SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.72% since inception which is more than its category average return of 16.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 90.95% in Equity, 0% in Debt and 9.05% in Cash related instruments
AUM size ₹23888 Cr

AUM size ₹23888 Cr

This fund has AUM of ₹23888 Cr which is more than its category average of ₹ 3681 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl is ₹111.35 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.6%
6.6%
6 Month Returns
29.12%
29.12%
1 Year Returns
60.52%
60.52%
3 Years Returns
114.94%
29.06%
5 Years Returns
202.34%
24.77%
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0.94% as on May 2024
₹23888 Cr as on May 2024
GE T&D India Ltd(5.51%), HDFC Bank Ltd(3.94%), Torrent Power Ltd(3.89%), Mahindra & Mahindra Ltd(3.58%), ICICI Bank Ltd(3.48%) as on May 2024
Financial Services(23.23%), Industrial(15.44%), Consumer Cyclical(10.32%) as on May 2024
The alpha ratio for the SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl
14.42
8.15
3.96
As on May 2024
The alpha for SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl
1.07
0.95
0.98
As on May 2024
The Beta for SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl
3.28
1.51
0.89
As on May 2024
The sharpe ratio for SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl 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 Payout of Income Distribution cum capital wdrl
12.14
13.1
19.15
As on May 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 2.98 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.97 as on May 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 Payout of Income Distribution cum capital wdrl
The Exit load of SBI Long Term Equity Fund Direct Payout of Income Distribution cum capital wdrl is 0%