SBI Long Term Advantage Fund Series III Direct Plan Growth
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
 | 0.92% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹55 Cr |
 | 7 April, 2016 |
 | ₹500/₹0 |
 | 0% |
 | 3 Years |
 TurnOver | 56.86% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
37.6%
Small cap
34.5%
Mid cap
19.5%
Sector Allocation
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 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
- 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
- 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)
Top Growth Drivers | 1M Return |
|---|---|
Harsha Engineers International Ltd | 27.4% |
 Tata Motors Ltd | 14.3% |
 MTAR Technologies Ltd | 13.3% |
Peer Analysis
SBI Long Term Advantage Fund Series III Direct Plan Growth Fund Manager
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series III Direct Plan Growth, since 10 September 2016
Top funds managed
Richard D'souza
Fund Manager of SBI Long Term Advantage Fund Series III Direct Plan Growth, since 14 November 2018
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 91.56% in Equity, 0% in Debt and 8.44% in Cash related instruments
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%
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% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
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%