SBI Long Term Advantage Fund Series V Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 22.67 as on 24-04-2024
Fund Performance
About the SBI Long Term Advantage Fund Series V Direct Plan Growth
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 R. Srinivasan, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Long Term Advantage Fund Series V Direct Plan Growth has ₹294 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
SBI Long Term Advantage Fund Series V Direct Plan Growth Overview
 | 0.99% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹294 Cr |
 | 27 March, 2018 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 13.42% |
SBI Long Term Advantage Fund Series V Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
81%
Small cap
9%
Mid cap
7%
Sector Allocation
Financial Services
35.9%
Industrial
16.4%
Communication
12.3%
Consumer Cyclical
8.8%
Consumer Defensive
8%
Utilities
5.4%
Health
4.8%
Energy
4.7%
Tech
3.7%
Top Holdings of SBI Long Term Advantage Fund Series V Direct Plan Growth as on (31-Mar-24)
Equity Holdings20
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 9.6% | 0% | |
 ICICI Bank Ltd | 9.29% | -7.4% | |
 State Bank of India | 8.95% | 0% | |
 InterGlobe Aviation Ltd | 8.69% | 0% | |
 HDFC Bank Ltd | 5.41% | 0% |
See all
SBI Long Term Advantage Fund Series V Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 3.27% in Mar'24
AUM Change
- AUM of the fund stands at 294.4 Cr as of Mar'24
- AUM increased by 4.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Long Term Advantage Fund Series V Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 18.7% |
 Bajaj Finance Ltd | 12% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Gujarat Ambuja Exports Ltd | -6.9% |
 Tips Industries Ltd | 9.1% |
Peer Analysis
SBI Long Term Advantage Fund Series V Direct Plan Growth Fund Manager
R. Srinivasan
Fund Manager of SBI Long Term Advantage Fund Series V Direct Plan Growth, since 4 April 2018
Top funds managed
Mohit Jain
Fund Manager of SBI Long Term Advantage Fund Series V Direct Plan Growth, since 1 January 2022
Top funds managed
SBI Long Term Advantage Fund Series V 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 14.36% since inception which is less than its category average return of 15.65%
Fund Allocations
This fund has an allocation of 97.06% in Equity, 0% in Debt and 2.94% in Cash related instruments
AUM size ₹294 Cr
This fund has AUM of ₹294 Cr which is less than its category average of ₹ 3525 Cr
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 ₹22.67 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
SBI Long Term Advantage Fund Series V Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.81% | 5.81% |
6 Month Returns | 20.55% | 20.55% |
1 Year Returns | 32.8% | 32.8% |
3 Years Returns | 69.99% | 19.35% |
5 Years Returns | 125.45% | 17.65% |
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.
0.99% as on March 2024
₹294 Cr as on March 2024
Bharti Airtel Ltd(9.6%), ICICI Bank Ltd(9.29%), State Bank of India(8.95%), InterGlobe Aviation Ltd(8.69%), HDFC Bank Ltd(5.41%) as on March 2024
Financial Services(34.86%), Industrial(15.94%), Communication(11.93%) as on March 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 | -0.56 | 0.68 | 0.07 |
As on March 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 | 0.78 | 0.78 | 0.91 |
As on March 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 | 1.01 | 0.66 |
As on March 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 | 9.47 | 10.95 | 17.94 |
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 1.82 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Srinivasan, Mohit Jain 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%