SBI Tax Advantage Fund Series III Direct Growth

Equity
Tax Planning
Very High Risk
10Y Lock In
+22.25%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Apr 2024
₹79.83
Rating
NA
Min. SIP amount
Not Supported
Fund size
₹33.26Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Minimum investment amounts

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

Returns and rankings

Category: Equity Tax Planning
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns32.0%22.3%27.4%23.1%
Category average-2.1%18.4%25.7%NA
Rank with in category17141NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 1.02%

Inclusive of GST

Exit load

Nil

Stamp duty

NA

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms

Fund management

Rama Iyer 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

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
E-mail
NA

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