SBI Long Term Fund - Direct Plan - Growth
SBI Mutual Fund
Income/Debt Oriented Schemes - Long Term Fund
Best SIP day: the 1st.
Best SIP day for this fund
The 1st
Thin edgeThe 1st had the highest full-history XIRR for this fund. But 45 months of history is too little to tell whether the date matters at all.
Why the 1st
- Highest return of all 28 dates4.209%
Full-history XIRR, 0.10 pp above the middle of the month (4.114%).
- How far apart the 28 dates are0.15 pp
From the 25th (4.055%) up to the 1st. Narrower than the 0.25 pp a date effect needs, though the order of dates held (0.64).
- What the spread is worth₹2,775
Between the highest- and lowest-value dates (the 1st and the 25th) on a notional ₹10,000 a month: 0.6% of the ₹4.9 lakh it grew to over 3.8 years.
Missing one instalment costs more than picking this date over a typical one.
A spread of 0.15 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.
Higher than todayLower than todayTodayBest dayNot a SIP date
Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.15 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.
Loading the calendarDoes not change the named day.
What to keep in mind
A spread of 0.15 pp is hard to tell apart from the noise a history this short produces, so this verdict reflects the length of the history as much as the fund.
This fund is marked reduced confidence: 45 months of history leaves too few independent 3-year stretches for the numbers above to settle.