|Min SIP Amount||₹500|
|NAV||₹135.40 (24 Sep 2020)|
|Fund Started||31 Mar 1993|
|Fund Size||₹7,435 Cr|
|Reliance Industries Ltd.||Energy||Equity||6.2%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Equity||3.9%|
|Bharti Airtel Ltd.||Communication||Equity||3.8%|
|ICICI Bank Ltd.||Financial||Equity||3.3%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||3.2%|
|State Bank of India||Financial||Equity||3.2%|
|Ambuja Cements Ltd.||Construction||Equity||3.1%|
SBI Long Term Equity Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 31 Mar 1993. Dinesh Balachandran is the Current Fund Manager of SBI Long Term Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7,435 Cr and the Latest NAV as of 24 Sep 2020 is ₹135.40.
The SBI Long Term Equity Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.