Fund Details
SBI Tax Advantage Fund Series I Growth
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.79% |
| NAV | ₹29.38 (02 Apr 2018) |
|---|---|
| Fund Started | 31 Mar 2008 |
| Fund Size | ₹431 Cr |
Comparison
1. Age is more than 10 years
2. 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 |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.8% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| PI Industries Ltd. | Chemicals | Equity | 6.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Equity | 5.3% |
| State Bank of India | Financial | Equity | 4.6% |
| Infosys Ltd. | Technology | Equity | 4.5% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.8% |
Fund Managers
SBI Tax Advantage Fund Series I Growth Details
SBI Tax Advantage Fund Series I Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Rama Iyer Srinivasan, Nidhi Chawla is the Current Fund Manager of SBI Tax Advantage Fund Series I Growth fund.The fund currently has an Asset Under Management(AUM) of ₹431 Cr and the Latest NAV as of 02 Apr 2018 is ₹29.38.
The SBI Tax Advantage Fund Series I Growth is rated High risk.
Investment Objective
The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equities of companies across large, mid and small market capitalization 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%.
