Equity
Direct
Elss (Tax Savings)
NAV as on 06-09-2024
₹ 28.77
1D
Inception Returns
17.8%
/yr
SBI Long Term Advantage Fund Series V Direct Growth is an equity fund. This fund was started on 27 March, 2018. The fund is managed by R. Srinivasan, Mohit Jain. The fund could potentially beat inflation in the long-run.
SBI Long Term Advantage Fund Series V Direct Growth has given a CAGR return of 17.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.24%, 21.61% and 23.93% respectively.
SBI Long Term Advantage Fund Series V Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Communication, Consumer Defensive, Energy, Health, Tech. Its top holdings are Shakti Pumps (India) Ltd, InterGlobe Aviation Ltd, TIPS Industries Ltd, ICICI Bank Ltd, Paradeep Phosphates Ltd
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
"The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equityrelated instruments of companies along with income tax benefit.However, there can be no assurance that the investment objective of the Scheme will be realized."
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. There is a lock in period for SBI Long Term Advantage Fund Series V Direct Growth of 3 Years
Expense ratio | 1.02% |
Benchmark | BSE 500 TR INR |
AUM | ₹368 Cr |
Inception Date | 27 March, 2018 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 8.99% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Industrial, Financial Services & Communication
SBI Long Term Advantage Fund Series V Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.45% | 7.45% |
6 Month Returns | 33.89% | 33.89% |
1 Year Returns | 51.24% | 51.24% |
3 Years Returns | 79.84% | 21.61% |
5 Years Returns | 192.35% | 23.93% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Long Term Advantage Fund Series V Direct Growth | 15.41 | 4.86 | 2.73 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Long Term Advantage Fund Series V Direct Growth | 0.78 | 0.86 | 0.93 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Long Term Advantage Fund Series V Direct Growth | 3.36 | 1.23 | 1 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Long Term Advantage Fund Series V Direct Growth | 11.07 | 12.28 | 18.18 |