SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl

Equity
Direct
Elss (Tax Savings)
SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl

About the Fund

SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl is an equity fund. This fund was started on 7 April, 2017. The fund is managed by Nidhi Chawla, R. Srinivasan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl has ₹209 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl has given a CAGR return of 24.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.81%, 24.31% and 29.62% respectively.

Holdings

SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Communication, Consumer Cyclical, Basic Materials, Consumer Defensive, Health. Its top holdings are Bharti Airtel Ltd, GKW Ltd, ICICI Bank Ltd, Muthoot Finance Ltd, State Bank of India

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 IV Direct PlanIncome 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 equityrelated 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 IV Direct PlanIncome Dist cum Cap Wdrl of 3 Years

Fund Performance

Fund Overview

Expense ratio0.93%
Benchmark
S&P BSE 500 India TR INR
AUM₹209 Cr
Inception Date7 April, 2017
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
39.58%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 92.2%

  • Debt & Cash 7.8%

Small cap
42.3%

Large cap
35.8%

Mid cap
14.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
32.9%
Industrial
17.2%
Communication
12.9%
Consumer Cyclical
11.6%
Basic Materials
11.2%
Consumer Defensive
9.1%
Health
5.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Nidhi Chawla
Nidhi Chawla
Fund Manager of SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl, since 29 November 2017
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Savings Direct Growth
11.32%
9.16%
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl, since 7 April 2017

SBI Long Term Advantage Fund Series IV Direct PlanIncome 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 24.23% since inception which is more than its category average return of 16.45%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.16% in Equity, 0% in Debt and 7.84% in Cash related instruments
AUM size ₹209 Cr

AUM size ₹209 Cr

This fund has AUM of ₹209 Cr which is less than its category average of ₹ 3681 Cr
Expense Ratio 0.93%

Expense Ratio 0.93%

This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl is ₹40.52 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.74%
6.74%
6 Month Returns
18.69%
18.69%
1 Year Returns
32.81%
32.81%
3 Years Returns
92.08%
24.31%
5 Years Returns
265.92%
29.62%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.93% as on May 2024
₹209 Cr as on May 2024
Bharti Airtel Ltd(8.55%), GKW Ltd(7.67%), ICICI Bank Ltd(7.52%), Muthoot Finance Ltd(7.26%), State Bank of India(5.96%) as on May 2024
Financial Services(30.29%), Industrial(15.85%), Communication(11.91%) as on May 2024
The alpha ratio for the SBI Long Term Advantage Fund Series IV Direct PlanIncome 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 IV Direct PlanIncome Dist cum Cap Wdrl
6.7
8.27
9
As on May 2024
The alpha for SBI Long Term Advantage Fund Series IV Direct PlanIncome 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 IV Direct PlanIncome 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 IV Direct PlanIncome Dist cum Cap Wdrl
0.65
0.72
0.95
As on May 2024
The Beta for SBI Long Term Advantage Fund Series IV Direct PlanIncome 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 IV Direct PlanIncome 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 IV Direct PlanIncome Dist cum Cap Wdrl
1.73
1.16
1.03
As on May 2024
The sharpe ratio for SBI Long Term Advantage Fund Series IV Direct PlanIncome 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 IV Direct PlanIncome 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 IV Direct PlanIncome Dist cum Cap Wdrl
12.79
14.63
21.1
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 2.6 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.47 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Nidhi Chawla, R. Srinivasan are the fund managers of SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl
The Exit load of SBI Long Term Advantage Fund Series IV Direct PlanIncome Dist cum Cap Wdrl is 0%