Sbi Long Term Equity Fund Regular Plan Growth

Invest in the SBI Long Term Equity Fund Regular Plan Growth effortlessly by following a straightforward three-step investment process and reap the benefits of your investments.

SBI Long Term Equity Fund Regular Plan Growth: Duration of Lock-in Period

Investments made in this scheme will be required to remain locked-in for a period of 3 years from the date of allotment in order to avail the benefits under Section 80C. SBI Long Term Equity Fund Regular Growth is categorized as an Equity – ELSS (Tax Savings) fund.

– Investments in this scheme have a mandatory lock-in period of 3 years.

– The lock-in period starts from the date of allotment.

– Availing benefits under Section 80C requires adherence to the lock-in period.

– SBI Long Term Equity Fund Regular Growth falls into the category of an Equity – ELSS (Tax Savings) fund.

Frequently Asked Questions

Equity funds are investment plans that primarily focus on investing in shares of companies across various market capitalizations.

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

SEBI classifies listed companies according to their market capitalization. Large-cap funds invest in the top 100 companies, while mid-cap funds focus on companies ranked between 101 and 250. Small-cap funds target companies ranked from 251st onwards. Multi-cap funds, on the other hand, have the flexibility to invest in small cap, mid cap, and large cap companies.

What is the meaning of ELSS funds?

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

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What is the meaning of Bluechip funds?

Bluechip funds are investment funds that focus on purchasing stocks of established companies with a proven track record of strong financial performance over an extended period.

What is a lock-in period?

The investment duration of a mutual fund is the length of time that your money will be held in the fund without being accessible. While many mutual funds do not have any specific lock-in period, tax-saving ELSS funds typically require a minimum lock-in period of 3 years, which is comparatively shorter than other options for investing under section 80C. The lock-in period starts from the date of investment and may vary for SIPs (Systematic Investment Plans).

Is KYC mandatory for BLACK?

Know Your Customer (KYC) is a mandatory requirement for all investment companies. When investing through BLACK, you only need to complete your KYC process once. This single KYC will be applicable for any future investments as well.

What is an Auto-SIP Mandate?

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 each time you invest in the SIP.

Does SBI long term equity fund regular plan growth qualify for 80C?

– Investments made in SBI Long Term Equity Fund Regular Plan Growth are eligible for tax exemption under Section 80C.

– The maximum amount eligible for tax exemption is Rs 1.5 lakh per financial year.

– It is crucial to be aware that the value of your investment may experience ups and downs during its tenure.

Is the SBI long-term equity fund a secure investment?

The SBI Long Term Equity Fund Regular Plan Growth is currently managing assets worth ₹9,00,277 Crores. This indicates the significant size and popularity of the fund among investors in India. The Latest Net Asset Value (NAV) of the fund reflects its current market value per unit.

With such a substantial AUM, the SBI Long Term Equity Fund has established itself as one of the leading investment options for long-term wealth creation. It offers growth-oriented returns by investing primarily in equity and equity-related instruments. By focusing on companies with strong fundamentals and growth potential, this fund aims to generate capital appreciation over an extended period.

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Investors who choose this regular plan can benefit from professional management expertise provided by experienced fund managers at SBI Mutual Fund. These experts conduct thorough research and analysis to identify promising investment opportunities across various sectors and market segments.

What is the top SBI mutual fund for long-term investment?

SBI Magnum Mid Cap Direct Plan-Growth is a mutual fund scheme offered by SBI Mutual Fund. This plan aims to provide long-term capital appreciation by investing primarily in mid-cap stocks. It follows a direct investment approach, which means that investors can directly invest in the scheme without involving any intermediaries.

Another option provided by SBI Mutual Fund is the SBI Large & Midcap Fund Direct Plan-Growth. This fund offers investors an opportunity to invest in both large-cap and mid-cap stocks, providing diversification across market segments. The objective of this plan is to generate long-term capital growth through active management of a diversified portfolio.

Investors interested in socially responsible investing can consider the SBI Magnum Equity ESG Fund Direct Plan-Growth. This plan focuses on Environmental, Social, and Governance (ESG) factors while selecting companies for investment. By considering these factors alongside financial performance, it aims to create sustainable wealth over the long term.

If you prefer a more focused approach towards equity investments, then the SBI Focused Equity Fund Direct Plan-Growth might be worth exploring. As its name suggests, this fund concentrates its investments in select sectors or themes with high growth potential identified by thorough research and analysis.

Lastly but not least, the SBI Bluechip Direct Plan-Growth is another option for investors looking to invest in large-cap stocks. This fund primarily focuses on blue-chip companies with a proven track record and stable growth potential.

P.S. SBI Mutual Fund offers a range of investment options catering to different investor preferences and goals. It is important for investors to carefully evaluate their risk appetite, investment horizon, and financial objectives before making any investment decisions.

Which SBI Mutual Fund is best for tax benefit?

– ELSS Mutual Fund allows for income tax deduction.

– Investing in ELSS can help save up to ₹ 1.5 lakhs annually on taxes.

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– ELSS is covered under Section 80C of the Income Tax Act, 1961.

What is the top long-term fund?

Quant Infrastructure Fund, Kotak Infrastructure and Economic Reform Fund, SBI Contra Plan Fund, Motilal Oswal Midcap Fund, Quant Tax Plan Fund, SBI Magnum Mid Cap Fund, Axis Small Cap Fund, and SBI Consumption Opportunities Fund are all mutual funds that investors can consider for long-term equity investments.

The Quant Infrastructure Fund focuses on investing in companies operating in the infrastructure sector. This fund aims to benefit from the growth potential of this sector by selecting stocks of companies involved in areas such as construction, power generation, transportation, and telecommunications.

Kotak Infrastructure and Economic Reform Fund is another option for investors looking to invest in the infrastructure sector. This fund seeks to generate long-term capital appreciation by primarily investing in equity and equity-related securities of companies engaged in infrastructure development activities.

SBI Contra Plan is a diversified equity fund that follows a contrarian investment strategy. It aims to identify undervalued stocks across various sectors with the expectation that their value will increase over time. The fund manager takes a bottom-up approach while selecting stocks based on fundamental analysis.

Motilal Oswal Midcap Fund focuses on mid-cap companies which have the potential for higher growth compared to large-cap companies. The objective of this fund is to provide long-term capital appreciation by investing predominantly in mid-cap stocks across different sectors.

SBI Magnum Mid Cap Fund aims at providing investors with opportunities for long-term growth through investments mainly focused on mid-cap stocks. The portfolio managers follow an active management style where they select fundamentally strong mid-sized companies with good growth prospects.

Axis Small Cap is a small-cap oriented mutual fund that invests predominantly in small-sized Indian companies with high-growth potential. The fund aims to generate long-term capital appreciation by identifying companies that are expected to benefit from their growth prospects.

SBI Consumption Opportunities Fund focuses on investing in companies operating in the consumption-driven sectors of the Indian economy. This fund seeks to capitalize on the increasing consumer spending trends and aims for long-term capital appreciation through investments primarily made into equities of such companies.