How to Invest in SBI Tax Advantage Fund Series II IDCW?

You can easily invest in SBI Tax Advantage Fund Series II IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for SBI Tax Advantage Fund Series II IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in SBI Tax Advantage Fund Series II IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Tax Advantage Fund Series II IDCW provide?

The SBI Tax Advantage Fund Series II IDCW has been there from 29 Mar 2012 and the average annual returns provided by this fund is 33.38% since its inception.

How much expense ratio is charged by SBI Tax Advantage Fund Series II IDCW?

The term Expense Ratio used for SBI Tax Advantage Fund Series II IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of SBI Tax Advantage Fund Series II IDCW is 1.46% as of 31 Mar 2023...

What is the AUM of SBI Tax Advantage Fund Series II IDCW?

The AUM, short for Assets Under Management of SBI Tax Advantage Fund Series II IDCW is ₹42.27Cr as of 31 Mar 2023.

How to Redeem SBI Tax Advantage Fund Series II IDCW?

If you want to sell your SBI Tax Advantage Fund Series II IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Tax Advantage Fund Series II IDCW?

You can select either SIP or Lumpsum investment of SBI Tax Advantage Fund Series II IDCW based on your investment objective and risk tolerance.

What is the NAV of SBI Tax Advantage Fund Series II IDCW?

The NAV of SBI Tax Advantage Fund Series II IDCW is ₹58.73 as of 28 Mar 2022.

What is the PE and PB ratio of SBI Tax Advantage Fund Series II IDCW?

The PE ratio ratio of SBI Tax Advantage Fund Series II IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

SBI Tax Advantage Fund Series II IDCW - NAV, Mutual Fund Performance & Portfolio

SBI Tax Advantage Fund Series II IDCW
Equity
ELSS
Very High Risk
Payout
3Y Lock In
32.01%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Mar 2022₹58.73
Min. SIP amountNot Supported
RatingNA
Fund size₹42.27Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns33.4%32.0%22.3%23.1%
Category average1.2%35.7%12.0%NA
Rank with in category1132NA
Understand terms
Holdings (20)NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity9.5%
Infosys Ltd.TechnologyEquity8.1%
Larsen & Toubro Ltd.ConstructionEquity6.9%
HDFC Bank Ltd.FinancialEquity6.8%
Tata Consultancy Services Ltd.TechnologyEquity5.9%
ICICI Bank Ltd.FinancialEquity5.8%
Housing Development Finance Corpn. Ltd.FinancialEquity5.0%
Bharti Airtel Ltd.CommunicationEquity3.9%
Bajaj Finance Ltd.FinancialEquity3.8%
ITC Ltd.Consumer StaplesEquity3.6%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2021 - Present
1.46%
30 Sep 2020 - 31 Mar 2021
1.46%
31 Mar 2020 - 30 Sep 2020
1.45%
30 Sep 2019 - 31 Mar 2020
1.46%
31 Mar 2019 - 30 Sep 2019
2.94%
30 Sep 2018 - 31 Mar 2019
2.95%
31 Mar 2018 - 30 Sep 2018
3.11%
Expense ratio, exit load and taxExpense ratio: 1.46%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementR. Srinivasan
Sep 2016 - Present
View details
Education
Mr. Srinivasan is M.Com and MFM.
Experience
Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
Also manages these schemes
SBI Magnum Children's Benefit Fund Savings Plan
SBI Equity Hybrid Fund IDCW
SBI Focused Equity Fund Growth
SBI Focused Equity Fund IDCW
SBI Equity Hybrid Fund Growth
SBI Magnum Global Fund Growth
SBI Magnum Global Fund IDCW
SBI Flexicap Fund Growth
SBI Flexicap Fund IDCW
SBI Tax Advantage Fund Series II Growth
SBI Tax Advantage Fund Series II IDCW
SBI Equity Hybrid Fund Direct Plan IDCW
SBI Equity Hybrid Fund Direct Plan Growth
SBI Magnum Global Direct Plan IDCW
SBI Magnum Global Direct Plan Growth
SBI Flexicap Fund Direct IDCW
SBI Flexicap Fund Direct Growth
SBI Magnum Children's Benefit Fund Savings Plan Direct
SBI Focused Equity Fund Direct Plan Growth
SBI Focused Equity Fund Direct Plan IDCW
SBI Small Cap Fund Growth
SBI Small Cap Fund IDCW
SBI Small Cap Fund Direct IDCW
SBI Small Cap Fund Direct Growth
SBI Tax Advantage Fund Series III Direct IDCW
SBI Tax Advantage Fund Series III Direct Growth
SBI Tax Advantage Fund Series III Regular IDCW
SBI Tax Advantage Fund Series III Regular Growth
SBI Long Term Advantage Fund Series IV Direct IDCW
SBI Long Term Advantage Fund Series IV Direct Growth
SBI Long Term Advantage Fund Series IV Regular Growth
SBI Long Term Advantage Fund Series IV Regular IDCW
SBI Long Term Advantage Fund Series V Regular IDCW
SBI Long Term Advantage Fund Series V Direct Growth
SBI Long Term Advantage Fund Series V Regular Growth
SBI Long Term Advantage Fund Series V Direct IDCW
SBI Magnum Children's Benefit Fund Investment Plan Regular Growth
SBI Magnum Children's Benefit Fund Investment Plan Direct Growth
SBI Multicap Fund Direct Growth
SBI Multicap Fund Regular IDCW
SBI Multicap Fund Regular Growth
SBI Multicap Fund Direct IDCW
Nidhi Chawla
Nov 2017 - Present
View details
Education
Ms. Chawla holds BBS degree and has also done MBE and CFA.
Experience
She joined SBI Mutual Fund in May 2007. She has been working as an equity research analyst covering various sectors including Real Estate, Infrastructure and Construction.
Also manages these schemes
SBI Infrastructure Fund IDCW
SBI Infrastructure Fund Growth
SBI Tax Advantage Fund Series II Growth
SBI Tax Advantage Fund Series II IDCW
SBI Infrastructure Fund Direct IDCW
SBI Infrastructure Fund Direct Growth
SBI Tax Advantage Fund Series III Direct IDCW
SBI Tax Advantage Fund Series III Direct Growth
SBI Tax Advantage Fund Series III Regular IDCW
SBI Tax Advantage Fund Series III Regular Growth
SBI Equity Savings Fund Regular IDCW Monthly
SBI Equity Savings Fund Direct IDCW Quarterly
SBI Equity Savings Fund Direct IDCW Monthly
SBI Equity Savings Fund Regular IDCW Quarterly
SBI Equity Savings Fund Direct Growth
SBI Equity Savings Fund Regular Growth
SBI Long Term Advantage Fund Series IV Direct IDCW
SBI Long Term Advantage Fund Series IV Direct Growth
SBI Long Term Advantage Fund Series IV Regular Growth
SBI Long Term Advantage Fund Series IV Regular IDCW
SBI Capital Protection Oriented Fund Series A (Plan 1) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 1) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 2) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 2) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 3) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 3) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 4) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 4) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 5) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 5) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 6) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 6) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 7) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 7) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 8) Regular Growth
SBI Capital Protection Oriented Fund Series A (Plan 8) Direct Growth
Fund house & investment objective
SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM₹6,43,285.27Cr
Date of Incorporation29 Jun 1987
 SBI Tax Advantage Fund Series II IDCW is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Rama Iyer Srinivasan, Nidhi Chawla is the Current Fund Manager of SBI Tax Advantage Fund Series II IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹6,43,285 Cr and the Latest NAV as of 28 Mar 2022 is ₹58.73.
The SBI Tax Advantage Fund Series II IDCW is rated Very High risk.
;
Investment ObjectiveThe 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.
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
SBI Tax Advantage Fund Series II IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	33.4%	32.0%	22.3%	23.1%
Category average	1.2%	35.7%	12.0%	NA
Rank with in category	11	3	2	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	9.5%
Infosys Ltd.	Technology	Equity	8.1%
Larsen & Toubro Ltd.	Construction	Equity	6.9%
HDFC Bank Ltd.	Financial	Equity	6.8%
Tata Consultancy Services Ltd.	Technology	Equity	5.9%
ICICI Bank Ltd.	Financial	Equity	5.8%
Housing Development Finance Corpn. Ltd.	Financial	Equity	5.0%
Bharti Airtel Ltd.	Communication	Equity	3.9%
Bajaj Finance Ltd.	Financial	Equity	3.8%
ITC Ltd.	Consumer Staples	Equity	3.6%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹42.27Cr

SBI Tax Advantage Fund Series II IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (20)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.46%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

R. SrinivasanSep 2016 - PresentView details

Nidhi ChawlaNov 2017 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

R. Srinivasan
Sep 2016 - Present
View details

Nidhi Chawla
Nov 2017 - Present
View details