SBI Long Term Advantage Fund Series III Direct Plan Growth
SBI Long Term Advantage Fund Series III Direct Plan Growth

SBI Long Term Advantage Fund Series III Direct Plan Growth

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 30.2 as on 31-05-2023

Fund Performance

About the Fund

SBI Long Term Advantage Fund Series III Direct Plan Growth is an equity fund. This fund was started on 7 April, 2016. The fund is managed by R. Srinivasan, Richard D'souza. The fund could potentially beat inflation in the long-run.

Key parameters

1) SBI Long Term Advantage Fund Series III Direct Plan Growth has a NAV of 30.1829 as on 31-05-2023.

2) SBI Long Term Advantage Fund Series III Direct Plan Growth has 55 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.

3) The fund has an expense ratio 0.92 %.

SBI Long Term Advantage Fund Series III Direct Plan Growth Overview

Expense ratio
Expense ratio
0.92%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹55 Cr
Inception Date
Inception Date
7 April, 2016
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
56.86%

Fund Distribution as on (30-Apr-23)

  • Equity 91.6%

  • Debt & Cash 8.4%

Size breakup

Large cap
37.6%
Small cap
34.5%
Mid cap
19.5%

Sector Allocation

Apr'23

Mar'23

Feb'23

Industrial

24.1%

Consumer Cyclical

22.1%

Financial Services

22%

Energy

9.9%

Basic Materials

9%

Tech

5.1%

Consumer Defensive

4.2%

Health

3.4%

Communication

0.1%

Top Holdings of SBI Long Term Advantage Fund Series III Direct Plan Growth as on (31-May-23)

  • Equity

Equity Holdings23

SBI Long Term Advantage Fund Series III Direct Plan Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-0.86%
-0.86%
-0.99%
Nifty 500
-0.73%
-0.73%
-2.22%
  • This fund’s returns stands at -0.86% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
  • This fund underperformed Nifty 500 by 0.13% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 55 Cr
₹ 53.2 Cr
₹ 58.5 Cr
  • AUM of the fund stands at 55 Cr as of Apr'23
  • AUM increased by 1.8 Cr between Apr'23 and Mar'23

Fund Portfolio Changes

Gainers & Losers in SBI Long Term Advantage Fund Series III Direct Plan Growth portfolio as on (30-Apr-23)

SBI Long Term Advantage Fund Series III Direct Plan Growth Fund Manager

R. Srinivasan

R. Srinivasan

Fund Manager of SBI Long Term Advantage Fund Series III Direct Plan Growth, since 10 September 2016
Richard D'souza

Richard D'souza

Fund Manager of SBI Long Term Advantage Fund Series III Direct Plan Growth, since 14 November 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Comma Fund Direct Growth
27.29%
--
SBI PSU Direct Growth
28.34%
--

Fund 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 16.71% since inception which is more than its category average return of 13.14%
Fund Allocations

Fund Allocations

This fund has an allocation of 91.56% in Equity, 0% in Debt and 8.44% in Cash related instruments
AUM size ₹55 Cr

AUM size ₹55 Cr

This fund has AUM of ₹55 Cr which is less than its category average of ₹ 2655 Cr
Expense Ratio 0.92%

Expense Ratio 0.92%

This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of SBI Long Term Advantage Fund Series III Direct Plan Growth is ₹30.18 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
SBI Long Term Advantage Fund Series III Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.02%
3.02%
6 Month Returns
-0.59%
-0.59%
1 Year Returns
15.97%
15.97%
3 Years Returns
153.63%
36.37%
5 Years Returns
121.71%
17.26%
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0.92% as on May 2023
₹55 Cr as on May 2023
Reliance Industries Ltd(9.1%), HDFC Bank Ltd(8.59%), ICICI Bank Ltd(7.34%), Tube Investments of India Ltd Ordinary Shares(4.8%), Infosys Ltd(4.67%) as on May 2023
Industrial(22.11%), Consumer Cyclical(20.2%), Financial Services(20.13%) as on May 2023
The alpha ratio for the SBI Long Term Advantage Fund Series III Direct Plan Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Long Term Advantage Fund Series III Direct Plan Growth
2.65
10.29
4.58
As on May 2023
The alpha for SBI Long Term Advantage Fund Series III Direct Plan Growth 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 III Direct Plan Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Long Term Advantage Fund Series III Direct Plan Growth
0.82
0.86
0.95
As on May 2023
The Beta for SBI Long Term Advantage Fund Series III Direct Plan Growth 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 III Direct Plan Growth 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 III Direct Plan Growth
0.16
1.8
0.6
As on May 2023
The sharpe ratio for SBI Long Term Advantage Fund Series III Direct Plan Growth 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 III Direct Plan Growth 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 III Direct Plan Growth
14.38
14.98
19.93
As on May 2023
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 4.83 as on May 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.27 as on May 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Srinivasan, Richard D'souza are the fund managers of SBI Long Term Advantage Fund Series III Direct Plan Growth
The Exit load of SBI Long Term Advantage Fund Series III Direct Plan Growth is 0%