DebtLong Term FundRegularGrowthModerate

SBI Long Term Fund

Q: What is the NAV of SBI Long Term Fund?

As of 01 Oct 2026, the NAV of SBI Long Term Fund is ₹12.47 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has SBI Long Term Fund delivered?

SBI Long Term Fund has returned +0.98% over 1 year, +5.64% per year over 3 years and +6.08% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of SBI Long Term Fund?

SBI Long Term Fund charges an expense ratio of 0.68% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of SBI Long Term Fund?

SBI Long Term Fund's largest holdings are 7.71% CGL 2066 (37.5%), 7.74% State Government of Tamil Nadu 2036 (17.4%), 6.90% CGL 2065 (13.2%), 7.43% CGL 2076 (11.4%) and 7.63% State Government of Gujarat 2037 (6.1%). Holdings are disclosed monthly and change over time.

Q: How risky is SBI Long Term Fund?

SBI Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.8% and its worst peak-to-trough fall in our sample was -4.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.23 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Long Term Fund's -0.23 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of SBI Long Term Fund?

SBI Long Term Fund is benchmarked against the CRISIL Long Duration Fund AIII Index. Its alpha and beta on this page are measured against that index.

Q: Who manages SBI Long Term Fund?

SBI Long Term Fund is managed by Ardhendu Bhattacharya at SBI.

Q: How is SBI Long Term Fund taxed?

SBI Long Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

SBI Mutual Fund

NAV

₹12.47

-0.19% 1D

as of 01 Oct 2026

This is the Regular plan of SBI Long Term Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+1.59%CAGR

52-week rangePrev NAV ₹12.50

Latest ₹12.47

Low ₹12.0163rd percentile of its 52-week rangeHigh ₹12.74

Scorecard

★★★☆☆3/5 vs 7 of 10 Long Term Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Long Term Fund (same plan and option). 7 of the 10 Long Term Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +5.64% · ranks 3 of 7 Long Term Funds

RiskModerate

Volatility 3.8% vs 3.9% category avg

CostLow

0.7% expense vs 0.8% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.68%) vs the Long Term Fund average of 0.81%
Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.68%

Category 0.81%▼0.13%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.23

Category -0.29▲0.06

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Long Duration Fund AIII Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

28 Dec 2022

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.63%

Absolute return over the last 3 months (not annualized)

-1.38%

Absolute return over the last 6 months (not annualized)

+3.32%

Absolute return since 1 Jan of this year (not annualized)

+0.78%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.98%

3-year annualized return (CAGR)

+5.64%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.08%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.76%

Excess return per unit of total volatility (rf = 6.5%)

-0.23

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.31

Largest peak-to-trough decline over full history

-4.74%

Benchmark ratios

Not shown for Long Term Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Long Term Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.63%	-0.92%	+0.29%
3M abs	-1.38%	-1.95%	+0.57%
6M abs	+3.32%	+3.31%	+0.01%
1Y CAGR	+0.98%	+0.98%	0.00%
3Y CAGR	+5.64%	+5.40%	+0.24%
5Y CAGR	—	—	—

Category average across peers in Long Term Fund (up to 10 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 10 peers in Long Term Fund

1Y return

+0.98%

Beats 70% · rank #4

3Y return

+5.64%

Beats 66.7% · rank #3

5Y return

—

Sharpe

-0.23

Beats 83.3% · rank #2

Sortino

-0.31

Beats 83.3% · rank #2

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.77L

Absolute

+4.74%

XIRR

+3.20%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into SBI Long Term Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+0.78%
2025	+3.37%
2024	+11.21%
2023	+7.82%
2022part	-0.06%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

919

Expense ratio

0.68%

YTM (from holdings)

7.78%

Average maturity

28.00 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Long Term Fund

Compare all


SBI Long Term FundThis fund SBI · Regular · Growth	★★★☆☆	+0.98%	+5.64%	—	—	0.68%	—
ICICI Prudential Long Term Fund ICICI Prudential · Regular · Growth	★★★★★	+0.93%	+5.80%	+4.74%	—	0.94%	—
Aditya Birla Sun Life Long Term Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+1.68%	+5.79%	—	—	0.98%	—
Nippon India Nivesh Lakshya Long Term Fund Nippon India · Regular · Growth	★★★☆☆	+0.35%	+5.60%	+5.01%	—	0.65%	—
HDFC Long Term Fund HDFC · Regular · Growth	★★☆☆☆	+0.58%	+5.48%	—	—	0.62%	—
Axis Long Term Fund Axis · Regular · Growth	★★☆☆☆	+0.73%	+5.30%	—	—	0.78%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt85.60%
Cash & Equivalents13.77%
Other0.63%

AMC Profile

SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.

Launched

28 Jun 1987

Total AUM

₹12,57,352Cr+0.7% QoQ

Avg AUM · April - June 2026

Website

sbimf.com

Fund Managers

ABArdhendu BhattacharyaStart date not disclosed

Role

Fixed Income Dealer Fund Manager

Education

PGDM-Goa Institute of Management

Experience

Mr. Ardhendu Bhattacharya (Fixed Income Dealer) joined SBIFML in April 2019. He has over 12 years of experience in finance sector. Prior to joining SBIFML, he was previously associated with following entities. ICICI Bank Limited (June 2014 – April 2019) - Primarily involved in trading in money markets and short term corporate bonds Citibank N.A. (April 2010 – June 2013) - Principally handled currency and trade sales Currently he is managing debt portion of SBI Retirement Benefit Fund - Aggressive Plan, SBI Retirement Benefit Fund - Aggressive Hybrid Plan, SBI Retirement Benefit Fund - Conservative Hybrid Plan and SBI Retirement Benefit Fund - Conservative Plan, SBI Floating Rate Debt Fund and Co-Fund Manager of SBI Corporate Bond Fund, SBI Banking & PSU Fund, SBI Arbitrage Opportunities Fund, SBI Long Duration Fund, SBI Income Plus Arbitrage Active FOF, and SBI Dynamic Asset Allocation Active FOF.

Funds managed (8)

All schemes Ardhendu Bhattacharya runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Ardhendu Bhattacharya

SBI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of SBI Long Term Fund?

As of 01 Oct 2026, the NAV of SBI Long Term Fund is ₹12.47 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has SBI Long Term Fund delivered?

SBI Long Term Fund has returned +0.98% over 1 year, +5.64% per year over 3 years and +6.08% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of SBI Long Term Fund?

SBI Long Term Fund charges an expense ratio of 0.68% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of SBI Long Term Fund?

SBI Long Term Fund's largest holdings are 7.71% CGL 2066 (37.5%), 7.74% State Government of Tamil Nadu 2036 (17.4%), 6.90% CGL 2065 (13.2%), 7.43% CGL 2076 (11.4%) and 7.63% State Government of Gujarat 2037 (6.1%). Holdings are disclosed monthly and change over time.

How risky is SBI Long Term Fund?

SBI Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.8% and its worst peak-to-trough fall in our sample was -4.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.23 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Long Term Fund's -0.23 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of SBI Long Term Fund?

SBI Long Term Fund is benchmarked against the CRISIL Long Duration Fund AIII Index. Its alpha and beta on this page are measured against that index.

Who manages SBI Long Term Fund?

SBI Long Term Fund is managed by Ardhendu Bhattacharya at SBI.

How is SBI Long Term Fund taxed?

SBI Long Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.