| NAV: 23 May 2022 | ₹57.94 |
| Min. SIP amount | NA |
| Rating | NA |
| Fund size | ₹30.64Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 20.6% | 31.8% | 24.3% | 24.0% |
| Category average | 75.7% | 16.1% | 16.6% | NA |
| Rank with in category | 8 | 2 | 2 | NA |
Holdings (23)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | Equity | 6.0% |
| Rajratan Global Wire Ltd. | Metals & Mining | Equity | 6.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.2% |
| Bharti Airtel Ltd. | Communication | Equity | 5.0% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 5.0% |
| HDFC Bank Ltd. | Financial | Equity | 4.9% |
| Muthoot Finance Ltd. | Financial | Equity | 4.4% |
| Fine Organic Industries Ltd. | Chemicals | Equity | 4.4% |
| Procter & Gamble Hygiene & Health Care Ltd. | Consumer Staples | Equity | 4.3% |
| Bajaj Finance Ltd. | Financial | Equity | 4.1% |
Expense ratio, exit load and tax
Expense ratio: 0.91%
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.
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
R. SrinivasanSep 2016 - PresentView details
Nidhi ChawlaNov 2017 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in SBI Tax Advantage Fund Series III Direct Growth?
You can easily invest in SBI Tax Advantage Fund Series III Direct Growth 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 III Direct Growth 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 III Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does SBI Tax Advantage Fund Series III Direct Growth provide?
The SBI Tax Advantage Fund Series III Direct Growth has been there from 28 Mar 2014 and the average annual returns provided by this fund is 20.64% since its inception.
How much expense ratio is charged by SBI Tax Advantage Fund Series III Direct Growth?
The term
Expense Ratio used for SBI Tax Advantage Fund Series III Direct Growth 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 III Direct Growth is 0.91% as of 24 May 2022...
What is the AUM of SBI Tax Advantage Fund Series III Direct Growth?
The AUM, short for Assets Under Management of SBI Tax Advantage Fund Series III Direct Growth is ₹30.64Cr as of 24 May 2022.
How to Redeem SBI Tax Advantage Fund Series III Direct Growth?
If you want to sell your SBI Tax Advantage Fund Series III Direct Growth 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 III Direct Growth?
What is the NAV of SBI Tax Advantage Fund Series III Direct Growth?
The NAV of SBI Tax Advantage Fund Series III Direct Growth is ₹57.94 as of 23 May 2022.
