SBI Long Term Advantage Fund Series IV Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹243 Cr
Expense Ratio
-
ISIN
INF200KA1LS9
Minimum SIP
-
Exit Load
No Charges
Inception Date
07 Apr 2017
About this fund
- SBI Long Term Advantage Fund Series IV Direct Growth has given a CAGR return of 25.23% since inception.
- The fund's asset allocation comprises around 91.29% in equities, 0.00% in debts, and 8.71% 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
+38.88%
— (Cat Avg.)
3 Years
+21.46%
— (Cat Avg.)
5 Years
+32.86%
— (Cat Avg.)
Since Inception
+25.23%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹222.25 Cr | 91.29% |
| Others | ₹21.21 Cr | 8.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹21.28 Cr | 8.74% |
| GKW Ltd | Equity | ₹21.25 Cr | 8.73% |
| Bharti Airtel Ltd | Equity | ₹17.96 Cr | 7.38% |
| Muthoot Finance Ltd | Equity | ₹17.69 Cr | 7.27% |
| ICICI Bank Ltd | Equity | ₹17.21 Cr | 7.07% |
| TIPS Industries Ltd | Equity | ₹12.69 Cr | 5.21% |
| State Bank of India | Equity | ₹12.23 Cr | 5.03% |
| Divi's Laboratories Ltd | Equity | ₹11.72 Cr | 4.81% |
| Hawkins Cookers Ltd | Equity | ₹10.92 Cr | 4.49% |
| Kalpataru Projects International Ltd | Equity | ₹10.38 Cr | 4.26% |
| Hatsun Agro Product Ltd | Equity | ₹10.1 Cr | 4.15% |
| Dodla Dairy Ltd | Equity | ₹8.94 Cr | 3.67% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹8.57 Cr | 3.52% |
| Shree Cement Ltd | Equity | ₹8.54 Cr | 3.51% |
| Jubilant Foodworks Ltd | Equity | ₹8.45 Cr | 3.47% |
| Blue Star Ltd | Equity | ₹7.5 Cr | 3.08% |
| Bajaj Finance Ltd | Equity | ₹7.2 Cr | 2.96% |
| Garware Technical Fibres Ltd | Equity | ₹7.05 Cr | 2.89% |
| Aether Industries Ltd | Equity | ₹6.85 Cr | 2.82% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹6.8 Cr | 2.79% |
| Rajratan Global Wire Ltd | Equity | ₹5.98 Cr | 2.46% |
| Privi Speciality Chemicals Ltd | Equity | ₹4.25 Cr | 1.75% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.08 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.26%
Mid Cap Stocks
14.89%
Small Cap Stocks
42.14%
Allocation By Credit Quality (Debt)
A
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹69.7 Cr | 28.63% |
| Industrials | ₹39.12 Cr | 16.07% |
| Communication Services | ₹30.64 Cr | 12.59% |
| Consumer Cyclical | ₹26.42 Cr | 10.85% |
| Basic Materials | ₹25.62 Cr | 10.52% |
| Consumer Defensive | ₹19.03 Cr | 7.82% |
| Healthcare | ₹11.72 Cr | 4.81% |
Risk & Performance Ratios
Standard Deviation
This fund
13.29%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.19
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
R. Srinivasan
Since April 2017
Nidhi Chawla
Since November 2017
Additional Scheme Detailsas of 31st August 2024
ISIN | INF200KA1LS9 | Expense Ratio | - | Exit Load | No Charges | Fund Size | ₹243 Cr | Age | 07 Apr 2017 | 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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What is the current NAV of SBI Long Term Advantage Fund Series IV Direct Growth?
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Who manages the SBI Long Term Advantage Fund Series IV Direct Growth?
- R. Srinivasan
- Nidhi Chawla
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