SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 35.24 as on 13-06-2024

About the Fund

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is an equity fund. This fund was started on 11 February, 2015. The fund is managed by Richard D'souza, R. Srinivasan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl has ₹49 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl has given a CAGR return of 16.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 42.77%, 24.27% and 24.49% respectively.

Holdings

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Energy, Health, Real Estate, Tech, Consumer Defensive, Communication. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, Dixon Technologies (India) Ltd, Zomato Ltd, Tube Investments of India Ltd Ordinary Shares

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl

"The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related 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 and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 0.00. There is a lock in period for SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl of 3 Years

Fund Performance

Overview

Expense ratio
Expense ratio
1.05%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹49 Cr
Inception Date
Inception Date
11 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
52.15%

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 96%

  • Debt & Cash 4%

Size breakup

Mid cap
34.3%
Small cap
31.4%
Large cap
30.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
27.5%
Industrial
24.3%
Consumer Cyclical
12.7%
Energy
11.7%
Health
8%
Real Estate
7.6%
Tech
5.1%
Consumer Defensive
2.8%
Communication
0.2%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.55%
1.41%
0.42%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.55% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 3.09% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 48.4 Cr
₹ 46.3 Cr
₹ 46 Cr
  • AUM of the fund stands at 48.4 Cr as of Apr'24
  • AUM increased by 2.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl as on (31-May-24)

  • Equity

Equity Holdings25

Fund Manager

Richard D'souza
Richard D'souza
Fund Manager of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl, since 14 November 2018
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI PSU Direct Growth
38.69%
--
SBI Magnum Comma Fund Direct Growth
15.5%
--
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl, since 10 September 2016

SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.6% since inception which is more than its category average return of 16.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.97% in Equity, 0% in Debt and 4.03% in Cash related instruments
AUM size ₹49 Cr

AUM size ₹49 Cr

This fund has AUM of ₹49 Cr which is less than its category average of ₹ 3674 Cr
Expense Ratio 1.05%

Expense Ratio 1.05%

This fund has an expense ratio of 1.05% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is ₹35.24 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.96%
6.96%
6 Month Returns
22.03%
22.03%
1 Year Returns
42.77%
42.77%
3 Years Returns
91.9%
24.27%
5 Years Returns
199.04%
24.49%
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1.05% as on May 2024
₹49 Cr as on May 2024
Reliance Industries Ltd(7.57%), HDFC Bank Ltd(5.97%), Dixon Technologies (India) Ltd(5.48%), Zomato Ltd(5.35%), Tube Investments of India Ltd Ordinary Shares(4.75%) as on May 2024
Financial Services(25.31%), Industrial(24.47%), Consumer Cyclical(11.84%) as on May 2024
The alpha ratio for the SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
7.54
7.14
5.34
As on May 2024
The alpha for SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
0.85
0.77
0.96
As on May 2024
The Beta for SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
2.66
1.42
0.93
As on May 2024
The sharpe ratio for SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
10.46
11.58
19.63
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.84 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.8 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Richard D'souza, R. Srinivasan are the fund managers of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl
The Exit load of SBI Long Term Advantage Fund Series I DirectIncome Dist cum Cap Wdrl is 0%