SBI Long Term Advantage Fund Series IV Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 44.4 as on 18-04-2024
Fund Performance
About the SBI Long Term Advantage Fund Series IV Direct Plan Growth
SBI Long Term Advantage Fund Series IV Direct Plan Growth is an equity fund. This fund was started on 7 April, 2017. The fund is managed by R. Srinivasan, Nidhi Chawla. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Long Term Advantage Fund Series IV Direct Plan Growth has ₹194 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 IV Direct Plan Growth Overview
 | 0.93% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹194 Cr |
 | 7 April, 2017 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 39.58% |
SBI Long Term Advantage Fund Series IV Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
42%
Large cap
40.5%
Mid cap
13.9%
Sector Allocation
Financial Services
34.6%
Industrial
14.3%
Communication
12.8%
Basic Materials
12.7%
Consumer Cyclical
9.6%
Consumer Defensive
9.4%
Health
4.2%
Tech
2.4%
Top Holdings of SBI Long Term Advantage Fund Series IV Direct Plan Growth as on (31-Mar-24)
Equity Holdings25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.46% | 0% | |
 Bharti Airtel Ltd | 8.24% | 0% | |
 Muthoot Finance Ltd | 6.87% | 0% | |
 State Bank of India | 6.59% | 0% | |
 GKW Ltd | 4.95% | 0% |
See all
SBI Long Term Advantage Fund Series IV Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -2.21% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 1.74% in Mar'24
AUM Change
- AUM of the fund stands at 193.9 Cr as of Mar'24
- AUM decreased by 5.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Long Term Advantage Fund Series IV Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Muthoot Finance Ltd | 23.5% |
 Kalpataru Projects International Ltd | 17.6% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Hatsun Agro Product Ltd | -9.5% |
 Dodla Dairy Ltd | 8.2% |
 GKW Ltd | 60.5% |
Peer Analysis
SBI Long Term Advantage Fund Series IV Direct Plan Growth Fund Manager
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series IV Direct Plan Growth, since 7 April 2017
Top funds managed
Nidhi Chawla
Fund Manager of SBI Long Term Advantage Fund Series IV Direct Plan Growth, since 29 November 2017
Top funds managed
SBI Long Term Advantage Fund Series IV Direct Plan Growth 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 23.55% since inception which is more than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 96.36% in Equity, 0% in Debt and 2.87% in Cash related instruments
AUM size ₹194 Cr
This fund has AUM of ₹194 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 IV Direct Plan Growth is ₹44.4 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
SBI Long Term Advantage Fund Series IV Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.7% | 7.7% |
6 Month Returns | 15.31% | 15.31% |
1 Year Returns | 37.05% | 37.05% |
3 Years Returns | 106.46% | 27.33% |
5 Years Returns | 238.72% | 27.63% |
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0.93% as on March 2024
₹194 Cr as on March 2024
ICICI Bank Ltd(8.46%), Bharti Airtel Ltd(8.24%), Muthoot Finance Ltd(6.87%), State Bank of India(6.59%), GKW Ltd(4.95%) as on March 2024
Financial Services(33.34%), Industrial(13.8%), Communication(12.29%) as on March 2024
The alpha ratio for the SBI Long Term Advantage Fund Series IV 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 IV Direct Plan Growth | 5.81 | 8.43 | 8.7 |
As on March 2024
The alpha for SBI Long Term Advantage Fund Series IV 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 IV 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 IV Direct Plan Growth | 0.58 | 0.71 | 0.95 |
As on March 2024
The Beta for SBI Long Term Advantage Fund Series IV 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 IV 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 IV Direct Plan Growth | 2.43 | 1.27 | 1.01 |
As on March 2024
The sharpe ratio for SBI Long Term Advantage Fund Series IV 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 IV 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 IV Direct Plan Growth | 9.07 | 13.99 | 20.72 |
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 2.79 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.47 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
R. Srinivasan, Nidhi Chawla are the fund managers of SBI Long Term Advantage Fund Series IV Direct Plan Growth
The Exit load of SBI Long Term Advantage Fund Series IV Direct Plan Growth is 0%