SBI Long Term Equity Fund Regular Growth

• Alpha -0.94%
• Beta 0.95
• Sharpe Ratio1.49
• Std Deviation 13.48%
• Tracking Error 3.66%

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.

The SBI Long Term Equity Fund Regular Growth has an AUM of 28000.03 crores & has delivered CAGR of 27.98% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.61%. The minimum investment in SBI Long Term Equity Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Treps, HDFC Bank, GE T&D India & Reliance Industries.

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Biotechnology & Drugs & Software & Programming.

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, DSP ELSS Tax Saver Fund Regular Plan Growth, Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth, Aditya Birla Sun Life ELSS Tax Saver (ELSS U/S 80C of IT ACT) Growth (LSP), Axis ELSS Tax Saver Fund Growth. SBI Long Term Equity Fund Regular Growth has a sharpe ratio of 1.49 & a standard deviation of 13.48%.