SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 35.31 as on 24-04-2024
Fund Performance
About the SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 7 April, 2016. The fund is managed by Richard D'souza, R. Srinivasan. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl has ₹68 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl Overview
 | 0.93% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹68 Cr |
 | 7 April, 2016 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 53% |
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
39.9%
Small cap
31.3%
Mid cap
21%
Sector Allocation
Industrial
28.1%
Financial Services
23.1%
Consumer Cyclical
13%
Real Estate
11.5%
Energy
11.4%
Tech
4.8%
Health
4.6%
Consumer Defensive
3.3%
Communication
0.2%
Top Holdings of SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings25
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.58% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.05% in Mar'24
AUM Change
- AUM of the fund stands at 68.1 Cr as of Mar'24
- AUM increased by 0.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Cummins India Ltd | 14.4% |
 Jio Financial Services Ltd | 13.4% |
Peer Analysis
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl Fund Manager
Richard D'souza
Fund Manager of SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl, since 14 November 2018
Top funds managed
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl, since 10 September 2016
Top funds managed
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl 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 19.39% since inception which is more than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 92.24% in Equity, 0% in Debt and 7.76% in Cash related instruments
AUM size ₹68 Cr
This fund has AUM of ₹68 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 0.93%
This fund has an expense ratio of 0.93% 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 III Direct PlanPayout Inc Dist cum Cap Wdrl is ₹35.31 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 5.77% | 5.77% |
6 Month Returns | 25.97% | 25.97% |
1 Year Returns | 44.46% | 44.46% |
3 Years Returns | 101.55% | 26.32% |
5 Years Returns | 200.12% | 24.58% |
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0.93% as on March 2024
₹68 Cr as on March 2024
Reliance Industries Ltd(7.28%), HDFC Bank Ltd(5.96%), Zomato Ltd(5.94%), Tube Investments of India Ltd Ordinary Shares(5.6%), Jio Financial Services Ltd(4.87%) as on March 2024
Industrial(25.92%), Financial Services(21.27%), Consumer Cyclical(12%) as on March 2024
The alpha ratio for the SBI Long Term Advantage Fund Series III Direct PlanPayout Inc 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 III Direct PlanPayout Inc Dist cum Cap Wdrl | 6.59 | 7.93 | 6.27 |
As on March 2024
The alpha for SBI Long Term Advantage Fund Series III Direct PlanPayout Inc 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 III Direct PlanPayout Inc 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 III Direct PlanPayout Inc Dist cum Cap Wdrl | 0.84 | 0.74 | 0.93 |
As on March 2024
The Beta for SBI Long Term Advantage Fund Series III Direct PlanPayout Inc 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 III Direct PlanPayout Inc 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 III Direct PlanPayout Inc Dist cum Cap Wdrl | 2.99 | 1.55 | 0.96 |
As on March 2024
The sharpe ratio for SBI Long Term Advantage Fund Series III Direct PlanPayout Inc 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 III Direct PlanPayout Inc 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 III Direct PlanPayout Inc Dist cum Cap Wdrl | 10.06 | 11.53 | 19.01 |
As on March 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 3.14 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.82 as on March 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 III Direct PlanPayout Inc Dist cum Cap Wdrl
The Exit load of SBI Long Term Advantage Fund Series III Direct PlanPayout Inc Dist cum Cap Wdrl is 0%