SBI Long Term Advantage Fund Series VI Direct Plan Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 29.1 as on 25-04-2024
Fund Performance
About the SBI Long Term Advantage Fund Series VI Direct Plan Growth
SBI Long Term Advantage Fund Series VI Direct Plan Growth is an equity fund. This fund was started on 17 July, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Long Term Advantage Fund Series VI Direct Plan Growth has ₹275 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 VI Direct Plan Growth Overview
 | 0.99% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹275 Cr |
 | 17 July, 2018 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 114.56% |
SBI Long Term Advantage Fund Series VI Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
42%
Large cap
27.7%
Mid cap
21.9%
Sector Allocation
Industrial
23.6%
Financial Services
22.9%
Consumer Cyclical
17.6%
Basic Materials
13%
Health
7.5%
Communication
5.6%
Consumer Defensive
5%
Tech
4.8%
Top Holdings of SBI Long Term Advantage Fund Series VI Direct Plan Growth as on (31-Mar-24)
Equity Holdings44
SBI Long Term Advantage Fund Series VI Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.10% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.37% in Mar'24
AUM Change
- AUM of the fund stands at 275 Cr as of Mar'24
- AUM decreased by 1.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Long Term Advantage Fund Series VI Direct Plan Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Kalpataru Projects International Ltd | 10.5% |
 Interglobe Aviation Ltd | 7.2% |
 Star Cement Ltd | 1.4% |
Peer Analysis
SBI Long Term Advantage Fund Series VI 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 20.32% since inception which is more than its category average return of 15.79%
Fund Allocations
This fund has an allocation of 93.57% in Equity, 0% in Debt and 6.43% in Cash related instruments
AUM size ₹275 Cr
This fund has AUM of ₹275 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 VI Direct Plan Growth is ₹29.1 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
SBI Long Term Advantage Fund Series VI Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.69% | 7.69% |
6 Month Returns | 25.41% | 25.41% |
1 Year Returns | 52.8% | 52.8% |
3 Years Returns | 101.08% | 26.22% |
5 Years Returns | 176.97% | 22.6% |
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).
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0.99% as on March 2024
₹275 Cr as on March 2024
ICICI Bank Ltd(4.4%), InterGlobe Aviation Ltd(3.78%), Star Cement Ltd(3.32%), Bharti Airtel Ltd(3.22%), Kalpataru Projects International Ltd(3.19%) as on March 2024
Industrial(22.07%), Financial Services(21.45%), Consumer Cyclical(16.5%) as on March 2024
The alpha ratio for the SBI Long Term Advantage Fund Series VI 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 VI Direct Plan Growth | 7.41 | 5.23 | 3.83 |
As on March 2024
The alpha for SBI Long Term Advantage Fund Series VI 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 VI 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 VI Direct Plan Growth | 0.9 | 0.82 | 0.94 |
As on March 2024
The Beta for SBI Long Term Advantage Fund Series VI 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 VI 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 VI Direct Plan Growth | 2.67 | 1.3 | 0.85 |
As on March 2024
The sharpe ratio for SBI Long Term Advantage Fund Series VI 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 VI 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 VI Direct Plan Growth | 12.19 | 12.57 | 18.9 |
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 2.74 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.54 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of SBI Long Term Advantage Fund Series VI Direct Plan Growth is 0%