HealthyDirect · GrowthFit for a long SIP
SBI Long Term Fund
SBI Mutual FundIncome/Debt Oriented Schemes - Long Term Fund3.8 years
The scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years.
- NAV
- 12.6024
- 29 Oct 2026
- 1Y
- +0.8%
- Trailing CAGR
- AUM
- ₹1,245.82 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 80% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
3.8 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.32% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -4.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
80% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Ardhendu Bhattacharya · 1.3 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+0.8%
- 3Y+6.1%
- 5Yn/a
- 10Yn/a
- SI+6.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.4%
- 3Y+3.1%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.2%
- Calendar-day CAGR
- Excess 1Y
- +1.2%
- Category median, same plan and option
- 3Y win rate
- +80%
- Windows beating the median
- 3Y percentile
- 83
- Vs comparable share classes
- SIP 3Y XIRR
- +3.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.1%
- 206 daily-ending windows
- Median rolling 3Y
- +6.5%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -4.4%
- Worst peak-to-trough
- Current
- -2.5%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +84%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 54 recovered episodes
- Longest recovery
- 83 days
- Trough to prior peak
28 May 2025 – 24 Jun 2026
Trough 2 Apr 2026 · recovered in 83 days
-4.4%
14 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-3.1%
14 Sept 2023 – 16 Nov 2023
Trough 9 Oct 2023 · recovered in 38 days
-2.2%
17 May 2023 – 14 Sept 2023
Trough 7 Jul 2023 · recovered in 69 days
-2.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
83
Vs category
57
Consistency
78
Risk-adjusted
30
Drawdown
89
Mean
68
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 80% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 8 holdings · top 10 are 100.0%.
- Top 5
- 94.0%
- Top 10
- 100.0%
- Largest holding
- 39.3%
- Effective holdings
- 3.9
7.71% GOI 18-May-2066
Entities
39.3%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
26.5%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
13.7%
Repo
Unspecified
8.6%
STATE DEVELOPMENT LOAN 37475 TN 03JU36 7.74 FV RS 100
Unspecified
6.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Long Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.8%
- 3Y
- +6.4%
- Vol
- 3.1%
- Max DD
- -3.3%
- Sharpe
- 0.30
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Franklin India Long Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +1.9%
- 3Y
- n/a
- Vol
- 3.4%
- Max DD
- -4.3%
- Sharpe
- -0.53
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Nippon India Nivesh Lakshya Long Term Fund
Nippon India Mutual Fund
- 1Y
- -0.7%
- 3Y
- +5.8%
- Vol
- 4.7%
- Max DD
- -5.8%
- Sharpe
- 0.38
- 3Y win
- +86%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns
BANDHAN LONG TERM FUND
Bandhan Mutual Fund
- 1Y
- +1.6%
- 3Y
- n/a
- Vol
- 4.0%
- Max DD
- -4.6%
- Sharpe
- -0.32
- 3Y win
- n/a
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
HDFC Long Term Fund
HDFC Mutual Fund
- 1Y
- -0.5%
- 3Y
- +5.7%
- Vol
- 4.2%
- Max DD
- -6.0%
- Sharpe
- -0.04
- 3Y win
- +11%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns