SBI Long Term Equity Fund - Regular Plan- Growth

SBI Long Term Equity Fund - Regular Plan- Growth is a fund scheme from SBI mutual fund. It falls under a ELSS category. After being launched on 1993-03-31. SBI Long Term Equity Fund - Regular Plan- Growth has achieved Rs 27305.51 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 500 to start the investment. The expense ratio of this fund is 1.6%.

• Investing Strategy:

  Deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

• Performance:

  SBI Long Term Equity Fund - Regular Plan- Growth trailing returns over different times are 7.87% (1 year), 25.37% (3 year), 29.64% (5 year). The average annual return of this fund stands at 7.87%

• Fund Manager & Portfolio Allocation:

  Dinesh Balachandran are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Banks, IT - Software, Petroleum Products, Industrial Products, Pharmaceuticals & Biotechnology, Sectors. First five holdings of this fund are HDFC BANK LIMITED EQ NEW FV RE. 1/-, RELIANCE INDUSTRIES LIMITED EQ, ICICI BANK LIMITED EQ NEW FV RS. 2/-, BHARTI AIRTEL LIMITED EQ NEW FV RS 5/-, TATA STEEL LIMITED EQ NEW FV RE.1/-, 182 DAY T-BILL 05.06.25 Companies.