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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

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns33.4%32.0%22.3%23.1%
Category average75.7%16.1%16.6%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

Expense ratio, exit load and tax

Expense ratio: 1.46%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

R. 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

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

Fund house & investment objective

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
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

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 10 Aug 2022...

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 10 Aug 2022.

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).

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