SBI Long Term Advantage Fund Series V Direct Plan Growth

SBI Long Term Advantage Fund Series V Direct Plan Growth

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 23.99 as on 24-05-2024

About the Fund

SBI Long Term Advantage Fund Series V Direct Plan Growth is an equity fund. This fund was started on 27 March, 2018. The fund is managed by Mohit Jain, R. Srinivasan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Long Term Advantage Fund Series V Direct Plan Growth has ₹312 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 1.
Fund Performance

Overview

Expense ratio
Expense ratio
0.99%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹312 Cr
Inception Date
Inception Date
27 March, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
13.42%

SBI Long Term Advantage Fund Series V Direct Plan Growth Distribution as on (30-Apr-24)

  • Equity 89.8%

  • Debt & Cash 10.2%

Size breakup

Large cap
72.4%
Small cap
10.4%
Mid cap
7.1%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
34.4%
Industrial
18.2%
Communication
13.3%
Consumer Cyclical
8.5%
Consumer Defensive
6.8%
Health
5.7%
Utilities
4.7%
Energy
4.7%
Tech
3.6%

Top Holdings of SBI Long Term Advantage Fund Series V Direct Plan Growth as on (30-Apr-24)

  • Equity

Equity Holdings19

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
6.82%
2.80%
2.42%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 6.82% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 4.36% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 311.8 Cr
₹ 294.4 Cr
₹ 290.2 Cr
  • AUM of the fund stands at 311.8 Cr as of Apr'24
  • AUM increased by 17.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Long Term Advantage Fund Series V Direct Plan Growth, since 1 January 2022
R. Srinivasan
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series V Direct Plan Growth, since 4 April 2018

SBI Long Term Advantage Fund Series V Direct Plan Growth 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 15.35% since inception which is less than its category average return of 16.03%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.84% in Equity, 0% in Debt and 10.16% in Cash related instruments
AUM size ₹312 Cr

AUM size ₹312 Cr

This fund has AUM of ₹312 Cr which is less than its category average of ₹ 3661 Cr
Expense Ratio 0.99%

Expense Ratio 0.99%

This fund has an expense ratio of 0.99% 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 V Direct Plan Growth is ₹23.99 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
SBI Long Term Advantage Fund Series V Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.61%
6.61%
6 Month Returns
26.29%
26.29%
1 Year Returns
34.57%
34.57%
3 Years Returns
68.86%
19.08%
5 Years Returns
135.07%
18.64%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.99% as on April 2024
₹312 Cr as on April 2024
Bharti Airtel Ltd(9.75%), ICICI Bank Ltd(9.22%), InterGlobe Aviation Ltd(9.21%), State Bank of India(7.16%), HDFC Bank Ltd(5.36%) as on April 2024
Financial Services(30.87%), Industrial(16.38%), Communication(11.96%) as on April 2024
The alpha ratio for the SBI Long Term Advantage Fund Series V 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 V Direct Plan Growth
1.79
1.73
0.8
As on April 2024
The alpha for SBI Long Term Advantage Fund Series V 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 V 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 V Direct Plan Growth
0.77
0.79
0.92
As on April 2024
The Beta for SBI Long Term Advantage Fund Series V 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 V 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 V Direct Plan Growth
2.23
1.14
0.73
As on April 2024
The sharpe ratio for SBI Long Term Advantage Fund Series V 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 V 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 V Direct Plan Growth
9.99
11.38
18.08
As on April 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 2.13 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain, R. Srinivasan are the fund managers of SBI Long Term Advantage Fund Series V Direct Plan Growth
The Exit load of SBI Long Term Advantage Fund Series V Direct Plan Growth is 0%