SBI Long Term Equity Fund: Imagine investing just ₹1,000 per month and watching it grow into a whopping ₹1.44 crore over the years. Sounds like a dream? It’s not. This is the story of the SBI Long Term Equity Fund, a scheme that has delivered exceptional returns over a span of 32 years. Backed by strong equity investments and experienced fund management, this plan has become a powerful tool for long-term wealth creation.
Not Just Wealth, But Tax Benefits Too
This isn’t just another mutual fund. The SBI Long Term Equity Fund is an ELSS (Equity Linked Savings Scheme) that offers tax savings under Section 80C. Your money is locked in for just 3 years, and in return, you get a double benefit — tax exemption and wealth generation. It’s a smart choice for those looking to balance investment growth with tax planning.
Important Points of SBI Long Term Equity Fund
| Feature | Details |
|---|---|
| Fund Name | SBI Long Term Equity Fund |
| Type | Equity Linked Savings Scheme (ELSS) |
| Launched | March 31, 1993 |
| Lock-in Period | 3 Years |
| Tax Benefit | Up to ₹1.5 lakh under Section 80C |
| 3-Year CAGR | 23.42% |
| Fund Manager | Dinesh Balachandran |
| AUM (March 2025) | ₹27,730.33 crore |
| Direct Plan Expense Ratio | 1.07% |
| Regular Plan Expense Ratio | 1.6% |
Past Performance That Speaks for Itself
Returns like 17.94% CAGR over decades are rare in the world of investing. Whether it’s the 3-year, 5-year, 10-year, or 15-year horizon, this fund has consistently outperformed its benchmark (BSE 500 TRI). A SIP of ₹10,000 monthly could have grown into over ₹14.4 crore, clearly proving this fund’s long-standing credibility and potential.
Managed by Experts, Trusted by Millions
Under the stewardship of Dinesh Balachandran since 2016, and with a massive AUM of ₹27,730.33 crore (as of March 2025), the fund maintains a strong focus on equities (90%+) while maintaining liquidity through money market instruments (10%). With both Direct (1.07% expense ratio) and Regular (1.6%) plans available, investors can choose what fits their strategy best.
Who Should Consider This Fund?
If you’re a long-term investor with moderate to high risk tolerance, this fund might just be perfect. It’s ideal for those looking to build wealth gradually while enjoying tax benefits. Just remember — it’s market-linked, and while past performance is impressive, future returns are not guaranteed.
Start Small, Dream Big
Whether you’re a new investor or planning for long-term goals like retirement or children’s education, this fund could be your stepping stone to financial freedom. Start with just ₹1,000 a month and give your wealth journey the right direction. Don’t miss the chance to be part of this 32-year success story.
Frequently Asked Questions
It is a market-linked fund, so it carries equity risk, but its long track record shows strong potential.
No, ELSS funds have a mandatory lock-in period of 3 years.
Yes, SIP helps you invest systematically and benefit from rupee cost averaging.