SBI Long Term Advantage Fund-Series IV -Dir (IDCW)


ELSS
  • NAV 37.67 (0.52%)
  • Fund Size (Cr) ₹193.94
  • Expense Ratio 1.75
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 23.50%

Basic Details

Scheme Manager
R Srinivasan
Bench Mark
S&P BSE 500 TRI
Type
CLOSE

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 10-Apr-24
  • 10084.44
  • 0.84%
  • -
  • -2.20%
  • 1/225
  • 1 Month
  • 18-Mar-24
  • 10827.96
  • 8.28%
  • -
  • 3.93%
  • 26/225
  • 3 Month
  • 18-Jan-24
  • 10991.32
  • 9.91%
  • -
  • 5.31%
  • 25/225
  • 6 Month
  • 18-Oct-23
  • 11448.92
  • 14.49%
  • -
  • 17.07%
  • 148/225
  • 1 Year
  • 18-Apr-23
  • 13646.74
  • 36.47%
  • 36.47%
  • 39.72%
  • 141/221
  • 3 Year
  • 16-Apr-21
  • 20753.26
  • 107.53%
  • 27.55%
  • 22.03%
  • 31/215
  • 5 Year
  • 18-Apr-19
  • 34345.06
  • 243.45%
  • 27.99%
  • 18.68%
  • 6/209
  • Since Inception
  • 31-Mar-17
  • 44330.2
  • 343.30%
  • 23.50%
  • 16.62%
  • 14/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-May-23
  • 120000
  • 164256.99
  • 36.88%
  • 36.88%
  • 3 Year
  • 03-May-21
  • 360000
  • 581614.81
  • 61.56%
  • 17.34%
  • 5 Year
  • 02-May-19
  • 600000
  • 1448290.43
  • 141.38%
  • 19.27%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    3.98%
  • Beta
    0.70%
  • Sharpe Ratio
    1.31%
  • Treynor’s Ratio
    0.17%
  • Jension’s Alpha
    9.74%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 8.46%
  • 150000
  • 16.40
  • Equity
  • Banks
  • Bharti Airtel
  • 8.24%
  • 130000
  • 15.97
  • Equity
  • Telecomm-Service
  • Muthoot Finance
  • 6.87%
  • 90000
  • 13.32
  • Equity
  • Finance
  • St Bk of India
  • 6.59%
  • 170000
  • 12.79
  • Equity
  • Banks
  • GKW
  • 4.95%
  • 67528
  • 9.60
  • Equity
  • Finance
  • Blue Star
  • 4.6%
  • 70000
  • 8.92
  • Equity
  • Consumer Durables
  • Kalpataru Proj.
  • 4.25%
  • 77000
  • 8.24
  • Equity
  • Capital Goods - Electrical Equipment
  • Bajaj Finance
  • 4.11%
  • 11000
  • 7.97
  • Equity
  • Finance
  • Divi's Lab.
  • 4.09%
  • 23000
  • 7.92
  • Equity
  • Pharmaceuticals
  • Tips Industries
  • 4.05%
  • 170589
  • 7.86
  • Equity
  • Entertainment

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • SBI Long Term Advantage Fund-Series IV -Dir (IDCW)
  • Stars
  • 193.94
  • 8.28%
  • 9.91%
  • 14.49%
  • 36.47%
  • 27.55%
  • Quant ELSS Tax Saver Fund - Direct (IDCW)
  • Stars
  • 8341.96
  • 6.79%
  • 11.99%
  • 34.08%
  • 61.83%
  • 32.76%
  • Quant ELSS Tax Saver Fund - Direct (G)
  • Stars
  • 8341.96
  • 6.79%
  • 11.98%
  • 34.08%
  • 61.83%
  • 32.76%
  • SBI Long Term Equity Fund - Direct (IDCW)
  • Stars
  • 21976.26
  • 4.05%
  • 11.12%
  • 28.55%
  • 59.58%
  • 28.31%
  • SBI Long Term Equity Fund - Direct (G)
  • Stars
  • 21976.26
  • 4.05%
  • 11.12%
  • 28.55%
  • 59.58%
  • 28.27%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
  • Stars
  • 3205.13
  • 9.19%
  • 10.46%
  • 29.37%
  • 57.88%
  • 26.15%

News

  • Mutual fund assets surge 34% in FY24 on market rally, inflows Domestic mutual funds saw a strong year, with assets soaring 34% in FY24, the highest since 2016-17. A booming stock market and investor interest fueled the growth.

    Data released by the Association of Mutual Funds in India (AMFI) revealed that the average AUM for the last quarter of FY24 (Q4FY24) stood at Rs 54.1 trillion, a significant jump from Rs 40.5 trillion in Q4FY23. This marks the 12th consecutive year of AUM growth for the MF industry.

    SBI Mutual Fund retained its position as the leading fund house with an average AUM of Rs 9.1 trillion in Q4, reflecting a 27% increase compared to the same period in FY23. Among the top 10 AMCs, Nippon India MF emerged as the fastest growing, experiencing a phenomenal 47% surge in average AUM to Rs 4.3 trillion. Interestingly, Tata Mutual Fund, ranked in the top 15, led the pack with a near 50% gain in average AUM.

    The sharp rise in MF assets since February 2023 can be attributed largely to mark-to-market gains in equity holdings. The benchmark Nifty 50 index rose by a significant 29%, marking its best year since the pandemic-induced slump in 2020-21. Additionally, broader market indices like Nifty Smallcap 100 and Nifty Midcap 100 witnessed impressive gains of 70% and 60%, respectively.

    On the investor participation front, MFs garnered a net inflow of Rs 5.1 trillion in the first 11 months of FY24.

    Powered by Capital Market - Live News

  • SBI MF Announces change in scheme name SBI Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 April 2024:

    Change in the name of the Scheme:

    Existing Scheme Name Revised Scheme Name
    SBI Magnum Equity ESG Fund SBI ESG Exclusionary Strategy Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 30-Dec-2016
  • Total AUM (Cr) ₹193.94

SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is an ELSS-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in Dec 2016, this fund is managed by R Srinivasan. With assets under management (AUM) worth ₹193.94 (Cr), as of 18-Apr-2024, SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 23.50% since its launch.
The current NAV of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is ₹37.67, as on 18-Apr-2024. The fund’s benchmark index is S&P BSE 500 TRI. You can invest in SBI Long Term Advantage Fund-Series IV -Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 27.55% and 27.99% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.38% in Equity, 3.77% in Debt and -0.15% in cash and cash equivalents
The top 5 sectors the fund invests in are: 17.98% in Banks, 14.86% in Finance, 7.79% in Consumer Durables, 7.33% in Telecom-Services and 6.7% in Chemicals & Petrochemical.

FAQs on SBI Long Term Advantage Fund-Series IV -Dir (IDCW)

SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 23.50% since inception. Looking to invest in SBI Long Term Advantage Fund-Series IV -Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Long Term Advantage Fund-Series IV -Dir (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Long Term Advantage Fund-Series IV -Dir (IDCW) today and reap the benefits of this ELSS fund!

In the short term, i.e., 1 year, SBI Long Term Advantage Fund-Series IV -Dir (IDCW) has generated annualised return of 36.47%. In the long-term, the fund has generated 27.55% and 27.99% in 3 and 5 years respectively. Since its inception, the fund has generated 23.50% returns.

The expense ratio of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) Direct Growth is 1.75%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is ₹193.94 (Cr) as of 18 April 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Long Term Advantage Fund-Series IV -Dir (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Long Term Advantage Fund-Series IV -Dir (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in SBI Long Term Advantage Fund-Series IV -Dir (IDCW). Minimum lumpsum investment SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is ₹500 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) is ₹37.67 as on 18 April 2024.

The 5 biggest stock holdings of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) are:
ICICI Bank (8.46%), Bharti Airtel (8.24%), Muthoot Finance (6.87%), St Bk of India (6.59%), GKW (4.95%)

A majority of SBI Long Term Advantage Fund-Series IV -Dir (IDCW) 's AUM worth ₹193.94 (Cr) is invested in these 3 top sectors:

  • Banks: 17.98%
  • Finance: 14.86%
  • Consumer Durables: 7.79%

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