Fund Details
SBI Long Term Advantage Fund Series V Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.86% |
| NAV | ₹15.31 (23 Jul 2021) |
|---|---|
| Fund Started | 27 Mar 2018 |
| Fund Size | ₹348 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.7% |
| State Bank of India | Financial | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 5.2% |
| Infosys Ltd. | Technology | Equity | 4.7% |
| HCL Technologies Ltd. | Technology | Equity | 4.3% |
| Steel Authority Of India Ltd. | Metals | Equity | 4.3% |
| Gland Pharma Ltd. | Healthcare | Equity | 3.6% |
| Page Industries Ltd. | Textiles | Equity | 3.4% |
| Reliance Industries Ltd. | Energy | Equity | 3.2% |
Fund Managers
SBI Long Term Advantage Fund Series V Direct Growth Details
SBI Long Term Advantage Fund Series V Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 27 Mar 2018. R Srinivasan is the Current Fund Manager of SBI Long Term Advantage Fund Series V Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹348 Cr and the Latest NAV as of 23 Jul 2021 is ₹15.31.
The SBI Long Term Advantage Fund Series V 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%.
