Fund Details
SBI Long Term Advantage Fund Series II Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.05% |
| NAV | ₹18.07 (04 Dec 2020) |
|---|---|
| Fund Started | 25 Mar 2015 |
| Fund Size | ₹25 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tube Investments Of India Ltd. | Automobile | Equity | 7.9% |
| Reliance Industries Ltd. | Energy | Equity | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 5.7% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 4.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.2% |
| Hatsun Agro Products Ltd. | FMCG | Equity | 3.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
| Multi Commodity Exchange India | Financial | Equity | 3.8% |
| CSB Bank Ltd. | Financial | Equity | 3.7% |
| Ultratech Cement Ltd. | Construction | Equity | 3.7% |
Fund Managers
SBI Long Term Advantage Fund Series II Direct Growth Details
SBI Long Term Advantage Fund Series II Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 25 Mar 2015. Rama Iyer Srinivasan, Nidhi Chawla is the Current Fund Manager of SBI Long Term Advantage Fund Series II Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹25 Cr and the Latest NAV as of 04 Dec 2020 is ₹18.07.
The SBI Long Term Advantage Fund Series II Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
