Hi Everyone,
I’ve been exploring ELSS funds for tax-saving and came across the SBI Long Term Equity Fund Regular Growth plan. I thought of starting a discussion to share insights and get feedback from other investors who might have experience with this fund.
The SBI Long Term Equity Fund is among the most popular tax-saving mutual funds under Section 80C of the Income Tax Act. It invests predominantly in equity and equity-related instruments, making it suitable for long-term wealth creation while also saving taxes.
NAV and Fund Performance
One of the key aspects to track is the SBI Long Term Equity Fund NAV (Net Asset Value). The NAV gives an idea of the fund's performance and helps investors decide the right time to invest. As of now, the NAV of SBI Long Term Equity Fund Regular Growth seems to be performing steadily compared to other ELSS funds in the market.
Why Choose Regular Growth Option?
The Regular Growth option in this fund is ideal for those who want to reinvest the returns to maximize long-term wealth creation. Unlike the dividend option, where returns are paid out, the growth option compounds your investments, which is a significant benefit for achieving long-term goals like retirement or children's education.
Questions for the Community
How has your experience been with the SBI Long Term Equity Fund?
Do you track the NAV of SBI Long Term Equity Fund Regular Growth regularly before making additional investments?
What’s your opinion on choosing the Regular Growth option over the dividend option in ELSS funds?
Looking forward to your thoughts and advice! Let’s help each other make informed investment decisions.
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