Fund Details
SBI Long Term Advantage Fund Series VI Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.81% |
| NAV | ₹16.03 (22 Jun 2021) |
|---|---|
| Fund Started | 17 Jul 2018 |
| Fund Size | ₹335 Cr |
Returns
Comparison
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.8% |
| HDFC Bank Ltd. | Financial | Equity | 6.8% |
| Grindwell Norton Ltd. | Metals | Equity | 4.8% |
| HCL Technologies Ltd. | Technology | Equity | 4.8% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 3.9% |
| Axis Bank Ltd. | Financial | Equity | 3.8% |
| Hindalco Industries Ltd. | Metals | Equity | 3.7% |
| Relaxo Footwears Ltd. | FMCG | Equity | 3.6% |
| TTK Prestige Ltd. | Cons Durable | Equity | 3.4% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.3% |
Fund Managers
SBI Long Term Advantage Fund Series VI Direct Growth Details
SBI Long Term Advantage Fund Series VI Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 17 Jul 2018. null is the Current Fund Manager of SBI Long Term Advantage Fund Series VI Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹335 Cr and the Latest NAV as of 22 Jun 2021 is ₹16.03.
The SBI Long Term Advantage Fund Series VI 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%.
