Fund Details
SBI Long Term Advantage Fund Series II Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.05% |
| NAV | ₹23.02 (14 Jun 2021) |
|---|---|
| Fund Started | 25 Mar 2015 |
| Fund Size | ₹31 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 6.8% |
| Tube Investments Of India Ltd. | Automobile | Equity | 6.0% |
| Gland Pharma Ltd. | Healthcare | Equity | 5.8% |
| HDFC Bank Ltd. | Financial | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| Elgi Equipments Ltd. | Engineering | Equity | 5.4% |
| MTAR Technologies Ltd. | Services | Equity | 5.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 5.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Sobha Ltd. | Construction | Equity | 4.7% |
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 ₹31 Cr and the Latest NAV as of 14 Jun 2021 is ₹23.02.
The SBI Long Term Advantage Fund Series II Direct Growth is rated Very 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%.
