SBI Long Term Advantage Fund Series II Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹44 Cr
Expense Ratio
-
ISIN
INF200KA1333
Minimum SIP
-
Exit Load
No Charges
Inception Date
31 Mar 2015
About this fund
- SBI Long Term Advantage Fund Series II Direct Growth has given a CAGR return of 18.01% since inception.
- The fund's asset allocation comprises around 93.62% in equities, 0.00% in debts, and 6.38% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+39.10%
— (Cat Avg.)
3 Years
+23.34%
— (Cat Avg.)
5 Years
+29.01%
— (Cat Avg.)
Since Inception
+18.01%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹41.21 Cr | 93.62% |
| Others | ₹2.81 Cr | 6.38% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Reliance Industries Ltd | Equity | ₹3.18 Cr | 7.22% |
| Treps | Cash - Repurchase Agreement | ₹3.02 Cr | 6.86% |
| Zomato Ltd | Equity | ₹2.87 Cr | 6.52% |
| HDFC Bank Ltd | Equity | ₹2.63 Cr | 5.98% |
| Oil India Ltd | Equity | ₹2.45 Cr | 5.55% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹2.2 Cr | 4.99% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹2.09 Cr | 4.74% |
| Cummins India Ltd | Equity | ₹1.87 Cr | 4.25% |
| Balrampur Chini Mills Ltd | Equity | ₹1.8 Cr | 4.08% |
| HDFC Asset Management Co Ltd | Equity | ₹1.77 Cr | 4.02% |
| Kennametal India Ltd | Equity | ₹1.69 Cr | 3.84% |
| Jio Financial Services Ltd | Equity | ₹1.69 Cr | 3.83% |
| Antony Waste Handling Cell Ltd Ordinary Shares | Equity | ₹1.66 Cr | 3.77% |
| Narayana Hrudayalaya Ltd | Equity | ₹1.62 Cr | 3.68% |
| DLF Ltd | Equity | ₹1.5 Cr | 3.41% |
| Arvind Ltd | Equity | ₹1.49 Cr | 3.38% |
| CCL Products (India) Ltd | Equity | ₹1.33 Cr | 3.03% |
| ICICI Bank Ltd | Equity | ₹1.23 Cr | 2.79% |
| VIP Industries Ltd | Equity | ₹1.17 Cr | 2.65% |
| Esab India Ltd | Equity | ₹1.16 Cr | 2.64% |
| Kotak Mahindra Bank Ltd | Equity | ₹1.16 Cr | 2.63% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.08 Cr | 2.46% |
| Hatsun Agro Product Ltd | Equity | ₹1.05 Cr | 2.38% |
| Pitti Engineering Ltd | Equity | ₹1.04 Cr | 2.36% |
| Rainbow Childrens Medicare Ltd | Equity | ₹1.01 Cr | 2.30% |
| TTK Prestige Ltd | Equity | ₹0.37 Cr | 0.84% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.21 Cr | 0.48% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.11 Cr | 0.25% |
Allocation By Market Cap (Equity)
Large Cap Stocks
32.64%
Mid Cap Stocks
32.08%
Small Cap Stocks
28.90%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10.56 Cr | 23.99% |
| Industrials | ₹9.62 Cr | 21.86% |
| Consumer Cyclical | ₹5.9 Cr | 13.39% |
| Energy | ₹5.63 Cr | 12.78% |
| Consumer Defensive | ₹4.18 Cr | 9.49% |
| Healthcare | ₹2.63 Cr | 5.98% |
| Real Estate | ₹1.5 Cr | 3.41% |
| Communication Services | ₹1.2 Cr | 2.72% |
Risk & Performance Ratios
Standard Deviation
This fund
12.13%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.44
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Nidhi Chawla
Since June 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF200KA1333 | Expense Ratio | - | Exit Load | No Charges | Fund Size | ₹44 Cr | Age | 31 Mar 2015 | Lumpsum Minimum | ₹500 | Fund Status | Unlisted Closed End Investment Company | Benchmark | BSE 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4722.04 Cr | 32.6% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4722.04 Cr | 31.1% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | 32.9% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 32.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4016.58 Cr | 31.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.80 Cr | 36.0% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.80 Cr | 33.9% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹385.94 Cr | 51.8% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹385.94 Cr | 49.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | 24.7% |
About the AMC
Total AUM
₹10,76,433 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Nidhi Chawla
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