SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option

SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 51.3 as on 03-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.6%
12.7%
5.8%
8.1%
34.3%
18.5%
Benchmark
-3.7%
8.7%
-4.8%
-3.6%
17.2%
10.9%
Category
-4.9%
-3.9%
2.7%
-3.3%
8.1%
9.8%
About the Fund

SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option is an equity fund. This fund was started on  4 April, 2014. The fund is managed by R. Srinivasan, Nidhi Chawla. The fund could potentially beat inflation in the long-run.

Key parameters

1) SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option has a NAV of 51.2538 as on 03-10-2022.

2) SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option has 31 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.9 %.

Fund Overview

Expense ratio
Expense ratio
0.9%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹31 Cr
Inception Date
Inception Date
4 April, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
34.73%

Fund Distribution

  • Equity 92.8%
  • Debt & Cash 7.2%
Size breakup
Large cap
52.8%
Small cap
36.4%
Mid cap
3.7%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

35.6%

Basic Materials

24.3%

Consumer Cyclical

8%

Industrial

6.9%

Health

5.8%

Energy

5.3%

Tech

5.1%

Communication

5%

Utilities

3.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings24
Equity Holdings22
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
13.93%
0%
icon
Rajratan Global Wire Ltd
9.69%
0%
icon
Net Receivable / Payable
6.74%
0%
icon
ICICI Bank Ltd
5.93%
0%
icon
State Bank of India
5.58%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.1 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 31.4 Cr
Jul'22
₹ 30.4 Cr
Jun'22
₹ 28.1 Cr

Fund Returns vs Benchmark

Aug'22
8.71%
9.49%
Jul'22
8.71%
9.49%
Jun'22
-3.81%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
24
23
23
Top 5 Company Concentration
31.7%
31%
29.3%
Company having highest exposure
Rajratan Global Wire Ltd (9.7%)
Rajratan Global Wire Ltd (8.2%)
Rajratan Global Wire Ltd (6.7%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
76.6%
75.7%
74.7%
Sector having highest exposure
Financial Services (33.1%)
Financial Services (29.3%)
Financial Services (27.7%)

Fund Manager

R. Srinivasan

R. Srinivasan

Managing this fund since 10 September 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Flexicap Fund Direct Growth
15.55%
16.36%
SBI Equity Hybrid Fund Direct Growth
14.32%
14.29%
SBI Focused Equity Fund Direct Plan Growth
18.31%
16.25%
Nidhi Chawla

Nidhi Chawla

Managing this fund since 29 November 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Savings Direct Growth
10.6%
8.72%

AMC details

Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Fund House
SBI Funds Management Ltd

Fund Highlights

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 21.18% since inception which is more than its category average return of 13.54%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.81% in Equity, 0% in Debt and 7.19% in Cash related instruments
AUM size ₹31 Cr

AUM size ₹31 Cr

This fund has AUM of ₹31 Cr which is less than its category average of ₹ 2720 Cr
Expense Ratio 0.9%

Expense Ratio 0.9%

This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option is 51.25.
Existing (Absolute + CAGR)
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
-0.6%
-0.6%
6 Month Returns
5.84%
5.84%
1 Year Returns
8.1%
8.1%
3 Years Returns
142.24%
34.3%
5 Years Returns
133.32%
18.47%
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0.9 as on September 2022
31 Cr as on September 2022
Rajratan Global Wire Ltd(9.69%),ICICI Bank Ltd(5.93%),State Bank of India(5.58%),Divi's Laboratories Ltd(5.42%),Ratnamani Metals & Tubes Ltd(5.05%) as on September 2022
Financial Services(33.05%),Basic Materials(22.53%),Consumer Cyclical(7.44%) as on September 2022
The alpha ratio for the SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
-
-
-
As on month end.
The alpha for SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option 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 Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
-
-
-
As on month end.
The Beta for SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option 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 Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
-
-
-
As on month end.
The sharpe ratio for SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option 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 Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
13.09
21.09
22.27
As on month end.
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.
1.81
R. Srinivasan,Nidhi Chawla are the fund managers of SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option
The Exit load of SBI Tax Advantage Fund Series III Direct Income Distribution cum Capital Withdrawal option is 0%