|Min SIP Amount||Not Supported|
|NAV||₹23.02 (14 Jun 2021)|
|Fund Started||25 Mar 2015|
|Fund Size||₹31 Cr|
|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%|
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.
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.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.