SBI Tax Advantage Fund Series III Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (27-Mar-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹33 Cr
Expense Ratio
-
ISIN
INF200K01X06
Minimum SIP
-
Exit Load
No Charges
Inception Date
04 Apr 2014
About this fund
- SBI Tax Advantage Fund Series III Direct Growth has given a CAGR return of 23.13% since inception.
- The fund's asset allocation comprises around 58.86% in equities, 0.00% in debts, and 41.14% 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
+32.02%
— (Cat Avg.)
3 Years
+22.30%
— (Cat Avg.)
5 Years
+27.38%
— (Cat Avg.)
Since Inception
+23.13%
— (Cat Avg.)
Portfolio Summaryas of 29th February 2024
| Equity | ₹19.58 Cr | 58.86% |
| Others | ₹13.68 Cr | 41.14% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹13.72 Cr | 41.25% |
| State Bank of India | Equity | ₹2.47 Cr | 7.42% |
| Bharti Airtel Ltd | Equity | ₹2.25 Cr | 6.76% |
| ICICI Bank Ltd | Equity | ₹2.21 Cr | 6.64% |
| Muthoot Finance Ltd | Equity | ₹1.96 Cr | 5.88% |
| Reliance Industries Ltd | Equity | ₹1.72 Cr | 5.18% |
| Infosys Ltd | Equity | ₹1.67 Cr | 5.03% |
| Divi's Laboratories Ltd | Equity | ₹1.64 Cr | 4.93% |
| HDFC Bank Ltd | Equity | ₹1.4 Cr | 4.22% |
| Bajaj Finance Ltd | Equity | ₹1.3 Cr | 3.91% |
| Axis Bank Ltd | Equity | ₹1.18 Cr | 3.56% |
| Garware Technical Fibres Ltd | Equity | ₹0.97 Cr | 2.92% |
| Chemplast Sanmar Ltd | Equity | ₹0.8 Cr | 2.41% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.04 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.65%
Mid Cap Stocks
5.88%
Small Cap Stocks
5.33%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10.52 Cr | 31.63% |
| Communication Services | ₹2.25 Cr | 6.76% |
| Energy | ₹1.72 Cr | 5.18% |
| Technology | ₹1.67 Cr | 5.03% |
| Healthcare | ₹1.64 Cr | 4.93% |
| Consumer Cyclical | ₹0.97 Cr | 2.92% |
| Basic Materials | ₹0.8 Cr | 2.41% |
Risk & Performance Ratios
Standard Deviation
This fund
11.74%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.30
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
R. Srinivasan
Since September 2016
Nidhi Chawla
Since November 2017
Additional Scheme Detailsas of 29th February 2024
| ISIN | INF200K01X06 | Expense Ratio | - | Exit Load | No Charges | Fund Size | ₹33 Cr | Age | 04 Apr 2014 | Lumpsum Minimum | ₹500 | Fund Status | Unlisted Closed End Investment Company | Benchmark | S&P BSE 500 India 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹4196.77 Cr | 33.7% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4196.77 Cr | 32.2% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹35641.94 Cr | 30.8% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹3360.61 Cr | 33.3% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹3360.61 Cr | 31.8% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹49.62 Cr | 41.2% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹49.62 Cr | 38.9% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹325.14 Cr | 58.0% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹325.14 Cr | 55.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1602.76 Cr | 26.6% |
About the AMC
Total AUM
₹9,23,031 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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- R. Srinivasan
- Nidhi Chawla
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