Home>Mutual Funds>Compare L&T Tax Advantage Fund Direct Growth with SBI Long Term Equity Fund Direct Plan Growth
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Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis
L&T Tax Advantage Fund Direct Growth
Equity
ELSS
2.0
INVEST NOW
SBI Long Term Equity Fund Direct Plan Growth
Equity
ELSS
2.0
INVEST NOW
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L&T Tax Advantage Fund Direct Growth
(3.3%)
SBI Long Term Equity Fund Direct Plan Growth
(9.4%)
1Y
3Y
5Y
Fund Details
| Risk | Very High | Very High | - |
|---|---|---|---|
| Min SIP Amount | ₹500 | ₹500 | - |
| Expense Ratio | 1.22% | 1.20% | - |
| NAV | ₹74.0 (16-May-2022) | ₹214.3 (16-May-2022) | - |
| Fund Started | 01-Jan-2013 | 01-Jan-2013 | - |
| Fund Size | ₹3,369Cr | ₹10,575Cr | - |
| Exit Load | Nil | Nil | - |
Returns
1Y
3.3%
9.4%
-
3Y
11.5%
14.6%
-
5Y
7.5%
9.5%
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Pros & Cons
Pros
1. Exit load is zero
2. Lower expense ratio: 1.22%
1. 3Y annualised returns higher than category average by 0.87%
2. Exit load is zero
3. Lower expense ratio: 1.22%
-
Cons
1. Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
2. Lock-in period: 3Y
3. Low rating: 2
1. 1Y and 5Y annualised returns lower than category average
2. Lock-in period: 3Y
3. Low rating: 2
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Holding Analysis
Top 5
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-
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Top 20
-
-
-
P/E
-
-
-
P/B
-
-
-
Turnover
-
-
-
Equity
-
-
-
Cash
-
-
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Top Holdings
Top 10 Holdings
Name
Assets
Reliance Industries Ltd.
8.8%
ICICI Bank Ltd.
7.7%
Infosys Ltd.
7.5%
State Bank of India
5.0%
Bajaj Finance Ltd.
4.0%
Titan Company Ltd.
3.7%
Kotak Mahindra Bank Ltd.
3.5%
The Indian Hotels Company Ltd.
3.2%
Tata Motors Ltd.
3.0%
KPR Mills Ltd.
2.8%
Name
Assets
ICICI Bank Ltd.
5.1%
Reliance Industries Ltd.
4.6%
Infosys Ltd.
4.5%
Larsen & Toubro Ltd.
4.1%
Tech Mahindra Ltd.
3.8%
State Bank of India
3.6%
Cipla Ltd.
3.3%
Cummins India Ltd.
3.3%
ICICI Prudential Life Insurance Company Ltd.
3.3%
HDFC Bank Ltd.
3.0%
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Fund Manager
Name
Vihang Naik
Dinesh Balachandran
-
Education
Mr. Naik is a CFA & BMS.
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
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Experience
Prior to joining L&T Mutual Fund, he was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
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About Fund
Description
L&T Mutual Fund started their mutual fund on 03/01/1997 and its managing total assets of ₹52,749 Cr. Its ranked at 12 as per total assets at end of 30th Sep 2017.
SBI Mutual Fund started their mutual fund on 29/06/1987 and its managing total assets of ₹1,88,455 Cr. Its ranked at 5 as per total assets at end of 30th Sep 2017.
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Launch Date
25 Apr 1996
29 Jun 1987
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Custodian
Citibank NA
Stock Holding Corp. of India Ltd.
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Registrar & Transfer Agent
Cams
Cams
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