Name: SBI Long Term Advantage Fund Series II Direct Growth
Brand: SBI Mutual Fund

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SBI Long Term Advantage Fund Series II Direct Growth
Equity
ELSS
Very High Risk
10Y Lock Inlock
73.10%
1Y return
-0.75% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Sep 2021₹25.93
Min. SIP amountNA
Rating2star
Fund size₹31.67 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns73.1%25.2%16.6%15.8%
Category average75.7%16.1%16.6%NA
Rank with in category1543NA
Understand termsinfo
Holdings (23)NameSectorInstrumentAssets
Tube Investments Of India Ltd.
AutomobileEquity6.3%
HDFC Bank Ltd.
FinancialEquity6.0%
Reliance Industries Ltd.
EnergyEquity5.8%
ICICI Bank Ltd.
FinancialEquity5.7%
MTAR Technologies Ltd.
ServicesEquity5.6%
Gland Pharma Ltd.
HealthcareEquity5.4%
Cholamandalam Financial Holdings Ltd.
FinancialEquity5.2%
Antony Waste Handling Cell Ltd.
DiversifiedEquity4.8%
Camlin Fine Sciences Ltd.
ChemicalsEquity4.7%
Elgi Equipments Ltd.
EngineeringEquity4.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity ELSS
thumb_up_altPros
3Y Returns are higher than the category average returns
Exit load is zero
thumb_down_altCons
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2021 - Present
1.05%
30 Sep 2020 - 31 Mar 2021
1.05%
31 Mar 2020 - 30 Sep 2020
1.03%
30 Sep 2019 - 31 Mar 2020
1.05%
31 Mar 2019 - 30 Sep 2019
1.76%
30 Sep 2018 - 31 Mar 2019
1.77%
31 Mar 2018 - 30 Sep 2018
2.87%
Expense ratio, exit load and taxExpense ratio: 1.05%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementRichard D'souza
Nov 2018 - Present
View details
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Education
Mr. D'souza is a B.Sc (Physics) from University of Mumbai.
Experience
Prior to joining SBI Fund Management in 2010 he has worked with Ask Investment Managers Pvt. Ltd., Antique Share & Stock Brokers Pvt. Ltd, Sunidhi Consultancy Ltd. and Alchemy Share & Stock Brokers Pvt. Ltd.
Also manages these schemes
SBI Magnum COMMA Fund Growth
SBI Magnum COMMA Fund IDCW
SBI PSU Fund IDCW
SBI PSU Fund Growth
SBI Magnum COMMA Fund Direct IDCW
SBI Magnum COMMA Fund Direct Growth
SBI PSU Direct Plan Growth
SBI PSU Direct Plan IDCW
SBI Long Term Advantage Fund Series I Regular IDCW
SBI Long Term Advantage Fund Series I Regular Growth
SBI Long Term Advantage Fund Series I Direct Growth
SBI Long Term Advantage Fund Series II Regular Growth
SBI Long Term Advantage Fund Series II Regular IDCW
SBI Long Term Advantage Fund Series II Direct IDCW
SBI Long Term Advantage Fund Series II Direct Growth
SBI Long Term Advantage Fund Series III Regular Growth
SBI Long Term Advantage Fund Series III Regular IDCW
SBI Long Term Advantage Fund Series III Direct IDCW
SBI Long Term Advantage Fund Series III Direct Growth
Fund house & investment objective
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SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM4,99,821.43 Cr
Date of Incorporation29 Jun 1987
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 inv
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 29 Jun 1987. 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 ₹4,99,821 Cr and the Latest NAV as of 24 Sep 2021 is ₹25.93.
The SBI Long Term Advantage Fund Series II Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. ...Read more
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 co
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.
...Read more
Fund benchmarkS&P BSE 500 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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SBI Long Term Advantage Fund Series II Direct Growth
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	1Y	3Y	5Y	All
Fund returns	73.1%	25.2%	16.6%	15.8%
Category average	75.7%	16.1%	16.6%	NA
Rank with in category	15	4	3	NA

Name	Sector	Instrument	Assets
Tube Investments Of India Ltd.	Automobile	Equity	6.3%
HDFC Bank Ltd.	Financial	Equity	6.0%
Reliance Industries Ltd.	Energy	Equity	5.8%
ICICI Bank Ltd.	Financial	Equity	5.7%
MTAR Technologies Ltd.	Services	Equity	5.6%
Gland Pharma Ltd.	Healthcare	Equity	5.4%
Cholamandalam Financial Holdings Ltd.	Financial	Equity	5.2%
Antony Waste Handling Cell Ltd.	Diversified	Equity	4.8%
Camlin Fine Sciences Ltd.	Chemicals	Equity	4.7%
Elgi Equipments Ltd.	Engineering	Equity	4.7%

Rating	2
Fund size	₹31.67 Cr