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  • SBI Long Term Equity Fund (RIDCW-A)

Formerly SBI Magnum Long Term Equity Reg IDCW-R

SBI Mutual Fund

SBI Long Term Equity Fund (RIDCW-A)

EquityTax Saving
Top Ranked

84.8184

NAV (Jun 21)

23.7%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.Save tax combined with inflation beating long term growth
Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

84.8184

NAV (Jun 21)

Fund Returns

Last 1Y
57.9%
Last 3Y
27.9%
Last 5Y
24.2%
Last 10Y
16.4%
Since Inception
17.4%
6 Month CAGR
29.7%

Scheme Information

Investment Objective

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.

Expense Ratio
1.62
Launched (31y ago)
Mar 31, 1993
AUM in Crores
23887.645
ISIN
INF200K01487
Lock-in
3
Benchmark
S&P BSE 500 India TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
13.1
Standard Deviation (5yr)
19.1
Beta (3yr)
0.95
Beta (5yr)
0.98
Sharpe Ratio (3yr)
1.459
Sharpe Ratio (5yr)
0.86
YTM
0
Fund Managers

Dinesh Balachandran

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Long Term Equity Fund (RIDCW-A)70%13,47,057 6,14,44523.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-21

Top Stock Holdings

ge t&d india ltd

5.5%
5.5%

treps

4.8%
4.8%

reverse repo

4.2%
4.2%

hdfc bank ltd

3.9%
3.9%

torrent power ltd

3.9%
3.9%
See all holdings

Allocation by Sector

financial services

23.2%
23.2%

industrials

15.4%
15.4%

consumer cyclical

10.3%
10.3%

energy

9.2%
9.2%

healthcare

7.6%
7.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 19,454 cr

₹ 22,620 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 694,566 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

21.1%

18.2%

16.5%

12.5%

25.8%

17%

27.9%

13.9%

SBI Long Term Equity Fund (RIDCW-A) Review

SBI Long Term Equity Fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of null% over a period of 31 years. The fund was previously known as SBI Magnum Long Term Equity Reg IDCW-R. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is Dinesh Balachandran.

Nav of SBI Long Term Equity Fund (RIDCW-A) as of 6/21/2024 is ₹84.82 with the total AUM as of 6/24/2024 is ₹23887.645. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Long Term Equity Fund (RIDCW-A) was launched on Mar 31, 1993. The category risk of the fund is Very High Risk.

The minimum SIP amount for SBI Long Term Equity Fund (RIDCW-A) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

SBI Long Term Equity Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE 500 India TR INR.

SBI Long Term Equity Fund (RIDCW-A) is rated as a 4 fund in Equity and delivered 57.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Long Term Equity Fund (RIDCW-A).

Frequently Asked Questions

What is SBI Long Term Equity Fund (RIDCW-A)?

SBI Long Term Equity Fund (RIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in SBI Long Term Equity Fund (RIDCW-A)?

You can invest in SBI Long Term Equity Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of SBI Long Term Equity Fund (RIDCW-A)?

The minimum sip amount for SBI Long Term Equity Fund (RIDCW-A) is ₹500. You can invest in multiples of ₹500.

Is SBI Long Term Equity Fund (RIDCW-A) good to invest in?

As per Scripbox experts, SBI Long Term Equity Fund (RIDCW-A) is a Top Ranked fund. You can investSBI Long Term Equity Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the SBI Long Term Equity Fund (RIDCW-A)?

The expense ratio of the SBI Long Term Equity Fund (RIDCW-A) is 1.62% for regular plan.