Fund Details
SBI Long Term Advantage Fund Series VI Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.70% |
| NAV | ₹14.10 (19 Jan 2021) |
|---|---|
| Fund Started | 17 Jul 2018 |
| Fund Size | ₹286 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 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. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| ICICI Bank Ltd. | Financial | Equity | 7.9% |
| JK Cement Ltd | Construction | Equity | 5.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.9% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.5% |
| HCL Technologies Ltd. | Technology | Equity | 4.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.6% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 3.4% |
| Hindalco Industries Ltd. | Metals | Equity | 3.4% |
| Neogen Chemicals 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 ₹286 Cr and the Latest NAV as of 19 Jan 2021 is ₹14.10.
The SBI Long Term Advantage Fund Series VI Direct Growth is rated Moderately 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%.
