Sbi Long Term Equity Fund Nav

Invest in the SBI Long Term Equity Fund and experience hassle-free returns with just three easy steps.

What is the current NAV of SBI equity fund today?

The Current Net Asset Value (NAV) is the current value of each unit of the SBI Equity Hybrid Fund. As of Feb 26, 2024, the NAV for the Growth option of its Regular plan is Rs 246.37. This means that if you were to invest in this fund, each unit would be worth Rs 246.37.

The returns of a mutual fund indicate how well it has performed over different time periods. The trailing returns for the SBI Equity Hybrid Fund are as follows:

– Over a one-year period, it has given a return of 24.07%. This means that if you had invested in this fund one year ago, your investment would have grown by 24.07%.

– Over a three-year period, it has given a return of 12.7%. If you had invested three years ago, your investment would have grown by 12.7%.

– Over a five-year period, it has given a return of 14.49%. If you had invested five years ago, your investment would have grown by 14.49%.

– Since its launch date until now, it has given an overall return of 15.56%.

These returns give an indication of how well the fund has performed historically and can help investors make decisions about whether or not to invest in this particular mutual fund.

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Frequently Asked Questions

Equity funds are investment schemes that primarily focus on investing in shares of companies with varying market capitalization.

Understanding Large Cap, Mid Cap, Small Cap and Multi Cap Equity Funds

SEBI categorizes listed companies according to their market capitalization, with large-cap funds investing in the top 100 companies. Mid-cap funds focus on companies ranked from 101 to 250, while small-cap funds target those ranked from 251st onwards. Multi-cap funds have a more diverse approach, investing in companies across all three categories: small cap, mid cap, and large cap.

What are ELSS funds?

ELSS funds are mutual funds that offer tax benefits and primarily invest in equity schemes. These funds come with a lock-in period of 3 years.

Understanding Bluechip Funds

Bluechip funds are investment funds that focus on purchasing stocks from financially successful and established companies. These companies have a proven track record of performing well over an extended period of time.

Understanding the lock-in period

The lock-in period of a mutual fund refers to the duration during which your investment cannot be withdrawn. While many mutual funds do not have a lock-in period, tax-saving ELSS funds typically require investors to keep their money locked in for 3 years. This is the shortest lock-in period among all 80C investment options. The lock-in period starts from the date of investment and may vary for SIPs (Systematic Investment Plans).

Is KYC mandatory for BLACK?

All fund houses require KYC documentation. When investing through BLACK, you only need to complete your KYC process once, which will be valid for all future investments.

Understanding the Mandate (Auto-SIP)

A Mandate is a single registration that allows you to authorize your bank account to deduct a specific amount of money on a daily basis for investing in an SIP portfolio. Once you have registered for the Mandate, you no longer need to go through the payment process every time you want to invest in the SIP.

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Is investing in SBI long term equity fund secure?

The NAV, on the other hand, reflects the per-unit value of a mutual fund scheme at a specific date or time. It is calculated by dividing the total net assets of the scheme by the number of units outstanding. The NAV helps investors determine how much their investment in a particular mutual fund scheme is worth.

With an AUM exceeding ₹9 lakh crores, it is evident that SBI Long Term Equity Fund has garnered significant attention from investors in India. This large asset base indicates that many individuals have entrusted their money to this particular mutual fund for long-term wealth creation.

What is the top-performing SBI Mutual Fund?

1. SBI Magnum Mid Cap Direct Plan-Growth

2. SBI Large & Midcap Fund Direct Plan-Growth

3. SBI Flexicap Fund Direct-Growth

4. SBI Magnum Equity ESG Fund Direct Plan-Growth

5. SBI Focused Equity Fund Direct Plan-Growth

6. SBI Bluechip Direct Plan-Growth

7. SBI Multi Asset Allocation Fund Direct-Growth

These funds are offered by the State Bank of India (SBI) and cater to different investment needs and risk appetites.

Sbi Long Term Equity Fund Nav: The NAV, or Net Asset Value, represents the per-unit value of a mutual fund scheme on any given day after deducting all expenses and liabilities from its total assets under management (AUM). The NAV is calculated by dividing the total AUM by the number of units outstanding.

The SBILTEF (Sbi Long Term Equity Fund) aims to provide long-term capital appreciation through investments primarily in equity and equity-related instruments across various sectors and market capitalizations. It follows an actively managed approach where experienced fund managers make investment decisions based on their research and analysis.

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Overall, the SBILTEF offers individuals an opportunity to invest in equities for potential long-term growth while benefiting from professional portfolio management expertise provided by experienced fund managers at SBI Mutual Funds.

What is the top ELSS mutual fund?

The Quant ELSS Tax Saver Fund is ranked at number 7 out of a total of 33 funds in terms of its fund size. It is one of the top-performing funds in this category and has attracted a significant amount of investment.

Another popular fund in this category is the SBI Long Term Equity Fund, which holds the position at number 12 among the 33 funds. This fund has also shown strong performance and has gained popularity among investors.

The Bandhan ELSS Tax Saver Fund ranks at number 10 out of the total pool of 33 funds. This fund offers tax-saving benefits along with potential long-term growth opportunities through equity investments.

Motilal Oswal ELSS Tax Saver Fund secures its place at number 25 among all the available options. While it may not be as highly ranked as some other funds, it still presents an opportunity for investors seeking tax savings combined with potential capital appreciation over time.

JM ELSS Tax Saver Fund holds its position firmly at number 19 out of all eligible options. With its focus on long-term wealth creation through diversified equity investments, this fund appeals to those who seek both tax benefits and capital appreciation opportunities.

Franklin India ELSS Tax Saver Fund secures a respectable rank at number 14 among all available choices. Its disciplined investment approach and commitment to generating sustainable returns make it an appealing option for individuals looking to invest their money wisely while saving on taxes.