SBI Long Term Equity Fund Direct Plan-Growth is an ELSS mutual fund scheme offered by SBI Mutual Fund. This fund has been in operation for 11 years, having been founded on January 1, 2013. SBI Long Term Equity Fund Direct Plan-Growth has ₹25,738 Crores in assets under management (AUM), making it a medium-sized fund within its category.
The majority of the fund’s money is invested in the financial, energy, capital goods, automobile and healthcare industries. It has less exposure to the financial and energy industries than other funds in the category.
SBI Long Term Equity Fund Performance
The growth returns over the last year for the SBI Long Term Equity Fund Direct Plan are 54.98%. It has produced average yearly returns of 18.14 percent since its debut. Every two years, the fund doubles the amount invested in it.
The SBI Long Term Equity Fund Direct Plan-Growth plan has a better track record of regular return delivery than the majority of funds in its class. It performs better than average at controlling losses in a declining market.
SBI Long Term Equity Fund Returns
| Period | SBI Long Term Equity Fund | Category average |
|---|---|---|
| 1 month | 1.75% | -0.01% |
| 3 months | 15.35% | 12.81% |
| 6 months | 22.89% | 19.28% |
| 1 year | 55.4% | 38.8% |
| 3 years | 28.79% | 20.38% |
| 5 years | 28.13% | 23.62% |
SBI Long Term Equity Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
GE T&D India Ltd.
|
Capital Goods | Equity | 5.28% |
|
HDFC Bank Ltd.
|
Financial | Equity | 5.00% |
|
Mahindra & Mahindra Ltd.
|
Automobile | Equity | 3.80% |
|
ICICI Bank Ltd.
|
Financial | Equity | 3.46% |
|
Bharti Airtel Ltd.
|
Communication | Equity | 3.12% |
|
State Bank of India
|
Financial | Equity | 3.08% |
SBI Long Term Equity Fund Suitability
If you invest for five years or longer, you may anticipate profits that outperform both inflation and fixed-income returns.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.