SBI Long Term Equity Fund Regular Growth

• Alpha -0.94%
• Beta 0.95
• Sharpe Ratio1.48
• Std Deviation 13.32%
• 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 15586.53 crores & has delivered CAGR of 19.11% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.70%. 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 Moderate & Exceptional respectively.

The top holdings of the fund include Treps, ICICI Bank, HDFC Bank & Larsen & Toubro.

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

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, Mirae Asset Tax Saver Fund -Regular Plan-Growth, Axis Long Term Equity Fund Growth, Aditya Birla Sun Life ELSS Tax Relief 96 Growth, Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP). SBI Long Term Equity Fund Regular Growth has a sharpe ratio of 1.48 & a standard deviation of 13.32%.