|Min SIP Amount||₹500|
|NAV||₹42.05 (06 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹6,159 Cr|
|Bharti Airtel Ltd.||Communication||Equity||5.0%|
|Reliance Industries Ltd.||Energy||Equity||4.9%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Equity||4.3%|
|Ambuja Cements Ltd.||Construction||Equity||3.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.4%|
|ICICI Bank Ltd.||Financial||Equity||3.4%|
|Larsen & Toubro Ltd.||Construction||Equity||3.3%|
|HDFC Bank Ltd.||Financial||Equity||3.0%|
SBI Long Term Equity Fund Direct Plan Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Dinesh Balachandran is the Current Fund Manager of SBI Long Term Equity Fund Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹6,159 Cr and the Latest NAV as of 06 Jul 2020 is ₹42.05.
The SBI Long Term Equity Fund Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The prime objective of scheme is to 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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.