Can I invest in SIP and Lumpsum in SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in SBI Tax Advantage Fund-Series III-Direct (IDCW). Minimum lumpsum investment SBI Tax Advantage Fund-Series III-Direct (IDCW) is ₹500 and minimum SIP amount is 0% . 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.

Which are the biggest stock holdings of SBI Tax Advantage Fund-Series III-Direct (IDCW)?

The 5 biggest stock holdings of SBI Tax Advantage Fund-Series III-Direct (IDCW) are: There is no data for scheme holding in the portfolio!

What are the top sectors SBI Tax Advantage Fund-Series III-Direct (IDCW) invests in?

A majority of SBI Tax Advantage Fund-Series III-Direct (IDCW) 's AUM worth ₹33.26 (Cr) is invested in these 3 top sectors: Debt : 41.25% Banks : 21.84% Finance : 9.79%

Mutual Funds
AMC
SBI Tax Advantage Fund-Series III-Direct (IDCW)

SBI Tax Advantage Fund-Series III-Direct (IDCW)

Q: What is the NAV of SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of SBI Tax Advantage Fund-Series III-Direct (IDCW) is SBI Tax Advantage Fund-Series III-Direct (IDCW) is ₹63.58 as on 2024-03-27.

ELSS

Invest Now

NAV
63.58(0.02%)
Fund Size (CR)
₹33.26
Expense Ratio
1.76
Scheme Type
Active Fund
Value Research
-

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹undefined
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
-

Absolute Return: NaN%

Annualized Return: 0%

There is no Asset Allocation data

Basic Details

Scheme Manager

R Srinivasan

Bench Mark

BSE 500 TRI

Type

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	-	-	-	-	-	-/-
1 Month	-	-	-	-	-	-/-
3 Month	-	-	-	-	-	-/-
6 Month	-	-	-	-	-	-/-
1 Year	-	-	-	-	-	-/-
3 Year	-	-	-	-	-	-/-
5 Year	-	-	-	-	-	-/-
Since Inception	-	-	-	-	-	-/-

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 April 2023	1,20,000	165328.80	37.77%	37.77%
3 Year	1 April 2021	3,60,000	576023.06	60.01%	16.96%
5 Year	1 April 2019	6,00,000	1401955.05	133.66%	18.50%
10 Year	4 April 2014	12,00,000	4213767.98	251.15%	13.38%

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

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

Standard Deviation

Beta

Sharpe Ratio

Treynor's Ratio

Jension's Alpha

Asset Allocation

There is no Asset Allocation data

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Tax Advantage Fund-Series III-Direct (IDCW)	33.26	-	-	-	-	-
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	342.25	11.63%	2.97%	0.21%	34.34%	19.58%
SBI Long Term Advantage Fund - Series V -Dir (G)	342.25	11.63%	2.97%	0.21%	34.33%	19.58%
LIC MF ELSS Tax Saver - Direct (G)	1088.39	5.16%	-1.78%	-6.77%	16.00%	15.08%
LIC MF ELSS Tax Saver - Direct (IDCW)	1088.39	5.16%	-1.78%	-6.78%	15.98%	14.92%
DSP ELSS Tax Saver Fund - Direct (G)	16217.91	6.61%	1.03%	-6.53%	15.68%	18.28%

List of Schemes under SBI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
SBI Multicap Fund	Equity	Very High	17.1%	3	₹19,192.41
SBI Bluechip Fund	Equity	Very High	8.97%	4	₹49,394.17
SBI Large & Midcap Fund	Equity	Very High	10.19%	4	₹29,416.39
SBI Magnum Midcap Fund	Equity	Very High	8.17%	4	₹20,890.26
SBI Small Cap Fund	Equity	Very High	4.6%	3	₹30,828.79
SBI Dividend Yield Fund	Equity	Very High	3.98%	0	₹8,871.77
SBI Contra Fund	Equity	Very High	5.15%	5	₹42,220.04
SBI Focused Equity Fund	Equity	Very High	13.14%	2	₹35,253.14
SBI Consumption Opportunities Fund	Equity	Very High	10.59%	4	₹2,903.68
SBI Infrastructure Fund-Series	Equity	Very High	2.09%	3	₹4,680.96
SBI Technology Opportunities Fund	Equity	Very High	11.96%	0	₹4,203.00
SBI Magnum Comma Fund	Equity	Very High	1.47%	0	₹624.36
SBI ESG Exclusionary Strategy Fund	Equity	Very High	7.92%	0	₹5,433.25
SBI Magnum Global Fund	Equity	Very High	2.2%	0	₹5,973.35
SBI Healthcare Opportunities Fund	Equity	Very High	20.58%	5	₹3,610.51
SBI PSU Fund	Equity	Very High	2.79%	0	₹4,788.77
SBI Banking & Financial Services Fund	Equity	Very High	18.89%	4	₹7,111.34
SBI Equity Minimum Variance	Equity	Very High	3.45%	0	₹209.22
SBI Energy Opportunities Fund	Equity	Very High	-4.94%	0	₹9,940.23
SBI Automotive Opportunities Fund	Equity	Very High	0%	0	₹5,220.22
SBI Innovative Opportunities Fund	Equity	Very High	0%	0	₹6,951.40
SBI Quant Fund	Equity	Very High	0%	0	₹3,602.67
SBI Long Term Equity Fund	Equity	Very High	7.71%	5	₹27,730.33
SBI Long Term Advantage Fund - Series III	Equity	Moderately High	7.74%	0	₹68.50
SBI Long Term Advantage Fund - Series IV	Equity	Moderately High	1.63%	0	₹198.72
SBI Long Term Advantage Fund - Series V	Equity	Moderately High	34.33%	0	₹342.25
SBI Long Term Advantage Fund - Series VI	Equity	Moderately High	5.1%	0	₹259.42
SBI Overnight Fund	Debt	Low	6.58%	2	₹12,117.75
SBI Liquid Fund	Debt	Moderate	7.3%	2	₹54,569.36
SBI Magnum Ultra Short Duration Fund	Debt	Moderately Low	7.75%	2	₹12,469.58
SBI Magnum Low Duration Fund	Debt	Moderate	8.22%	4	₹14,392.26
SBI Saving Fund	Debt	Moderate	8.01%	3	₹24,002.86
SBI Short Horizon Debt - Short Term	Debt	Moderate	9.56%	3	₹13,958.73
SBI Magnum Medium Duration Fund	Debt	Moderately High	10%	3	₹6,481.44
SBI Magnum Income Fund	Debt	Moderate	10.72%	4	₹1,918.19
SBI Long Duration Fund	Debt	Moderate	12.38%	0	₹2,981.90
SBI Dynamic Bond Fund	Debt	Moderate	11.46%	4	₹3,410.13
SBI Corporate Bond Fund	Debt	Moderately Low	9.81%	3	₹22,154.04
SBI Credit Risk Fund	Debt	Moderately High	9.76%	3	₹2,254.83
SBI Banking and PSU Fund	Debt	Moderate	9.52%	3	₹3,835.11
SBI Magnum Gilt Fund	Debt	Moderate	11.87%	5	₹11,489.36
SBI Magnum Constant Maturity Fund	Debt	Moderate	12.2%	0	₹1,831.08
SBI Floating Rate Debt Fund	Debt	Moderately Low	9.04%	3	₹1,226.01
SBI Conservative Hybrid Fund	Hybrid	High	9.61%	4	₹9,666.02
SBI Equity Hybrid Fund	Hybrid	Very High	12.9%	3	₹72,555.11
SBI Balanced Advantage Fund	Hybrid	Very High	7.43%	5	₹34,015.41
SBI Multi Asset Allocation Fund	Hybrid	Very High	9.1%	4	₹7,673.98
SBI Arbitrage Opportunities Fund	Hybrid	Low	7.8%	3	₹30,592.08
SBI Equity Savings Fund	Hybrid	Moderately High	8.11%	4	₹5,670.63
SBI Retirement Benefit Fund-Aggressive Plan (G)	Solution Oriented	Very High	4.37%	3	₹2,682.72
SBI Retirement Benefit Fund-Aggrs Hyb Plan	Solution Oriented	Very High	5.83%	3	₹1,477.63
SBI Retirement Benefit Fund-Conservative Plan	Solution Oriented	Moderately High	9.51%	3	₹175.48
SBI Retirement Benefit Fund-Conser Hyb Plan	Solution Oriented	High	8.15%	3	₹272.72
SBI Magnum Children Benefit Fund - Savings Plan	Solution Oriented	Moderately High	14.17%	5	₹122.51
SBI Magnum Children's Benefit Fund - IP	Solution Oriented	Very High	22.23%	5	₹3,225.79
SBI Nifty Index Fund	Other	Very High	6.84%	2	₹9,192.42
SBI Nifty Next 50 Index Fund	Other	Very High	3.16%	3	₹1,544.81
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund	Other	Moderately Low	8.34%	0	₹9,171.90
SBI Nifty Smallcap 250 Index Fund	Other	Very High	1.17%	0	₹1,223.59
SBI Nifty Midcap 150 Index Fund	Other	Very High	5.84%	0	₹725.36
SBI CRISIL IBX Gilt Index-June 2036 Fund	Other	Moderate	12.75%	0	₹2,508.10
SBI CRISIL IBX Gilt Index-April 2029 Fund	Other	Moderate	10.89%	0	₹2,157.82
SBI CRISIL IBX SDL Index-September 2027 Fund	Other	Moderate	9.32%	0	₹1,118.49
SBI BSE Sensex Index Fund	Other	Very High	6.56%	0	₹271.71
SBI Nifty50 Equal Weight Index Fund	Other	Very High	5.9%	0	₹972.75
SBI Nifty 500 Index Fund	Other	Very High	0%	0	₹809.13
SBI Nifty India Consumption Index Fund	Other	Very High	0%	0	₹331.47
SBI Nifty Bank Index Fund	Other	Very High	0%	0	₹102.31
SBI Nifty IT Index Fund	Other	Very High	0%	0	₹37.88
SBI BSE PSU Bank Index Fund	Other	Very High	0%	0	₹8.42
SBI International Access - US Equity FoF	Other	Very High	0.32%	0	₹881.34
SBI Gold Fund	Other	Very High	27.82%	4	₹3,582.23
SBI Silver ETF Fund of Fund	Other	Very High	0%	0	₹320.09
SBI FMP - Series 1 (3668 Days)	Debt	Moderate	10.77%	0	₹47.81
SBI FMP - Series 6 (3668Days)	Debt	Moderate	10.66%	0	₹34.58
SBI FMP - Series 34 (3682Days) (G)	Debt	Moderate	11.08%	0	₹27.48
SBI FMP - Series 41 (1498Days)	Debt	Moderately Low	7.06%	0	₹910.72
SBI FMP - Series 42 (1857Days)	Debt	Moderate	8.16%	0	₹473.90
SBI FMP - Series 43 (1616Days)	Debt	Moderate	7.66%	0	₹117.97
SBI FMP - Series 44 (1855Days)	Debt	Moderate	8.34%	0	₹381.56
SBI FMP - Series 45 (1840Days)	Debt	Moderately Low	8.3%	0	₹223.98
SBI FMP - Series 46 (1850Days)	Debt	Moderate	8.3%	0	₹130.53
SBI FMP - Series 47 (1434Days)	Debt	Moderately Low	7.42%	0	₹142.71
SBI FMP - Series 48 (1458Days)	Debt	Moderate	7.47%	0	₹46.15
SBI FMP - Series 49 (1823Days)	Debt	Moderately Low	8.54%	0	₹388.72
SBI FMP - Series 50 (1843Days)	Debt	Moderate	8.6%	0	₹120.70
SBI FMP - Series 51 (1846Days)	Debt	Moderate	8.64%	0	₹296.20
SBI FMP - Series 52 (1848Days)	Debt	Moderately Low	8.57%	0	₹135.97
SBI FMP - Series 53 (1839Days)	Debt	Moderate	8.71%	0	₹306.39
SBI FMP - Series 54 (1842Days)	Debt	Moderate	8.78%	0	₹37.32
SBI FMP - Series 55 (1849Days)	Debt	Moderate	8.76%	0	₹251.75
SBI FMP - Series 56 (1232Days)	Debt	Moderately Low	7.17%	0	₹285.88
SBI FMP - Series 57 (1835Days)	Debt	Moderate	8.83%	0	₹254.78
SBI FMP - Series 58 (1842Days)	Debt	Moderate	8.96%	0	₹248.78
SBI FMP - Series 59 (1618Days)	Debt	Moderate	8.18%	0	₹27.68
SBI FMP - Series 60 (1878Days)	Debt	Moderate	9.16%	0	₹245.16
SBI FMP - Series 61 (1927Days)	Debt	Moderate	9.22%	0	₹332.30
SBI FMP - Series 66 (1361Days)	Debt	Moderately Low	8.16%	0	₹675.45
SBI FMP - Series 67 (1467Days)	Debt	Moderately Low	8.37%	0	₹580.33
SBI FMP - Series 64 (1169Days)	Debt	Moderate	7.57%	0	₹398.05
SBI FMP - Series 68 (1302Days)	Debt	Moderately Low	8.02%	0	₹191.91
SBI FMP - Series 72 (1239Days)	Debt	Moderately Low	8.21%	0	₹333.93
SBI FMP - Series 73 (1226Days)	Debt	Moderately Low	8.19%	0	₹199.66
SBI FMP - Series 74 (1243Days)	Debt	Moderate	8.31%	0	₹157.13
SBI FMP - Series 76 (1221Days)	Debt	Moderate	8.03%	0	₹164.46
SBI FMP - Series 78 (1170Days)	Debt	Moderate	8.1%	0	₹124.44
SBI FMP - Series 79 (1130Days)	Debt	Moderately Low	8.03%	0	₹81.47
SBI FMP - Series 81 (1157Days)	Debt	Moderate	8.32%	0	₹407.41
SBI Flexi Cap Fund	Equity	Very High	4.87%	3	₹21,035.17

News

SBI Mutual Fund introduces Rs 250 JanNivesh SIP initiative
SBI Mutual Fund, in partnership with State Bank of India, has launched the JanNivesh SIP, a program designed to broaden access to mutual fund investments. The initiative features a Systematic Investment Plan (SIP) option starting at Rs 250.
JanNivesh SIP provides flexible investment options, including daily, weekly, and monthly SIPs. This structure aims to accommodate various income levels and investment preferences.
The program targets a diverse investor base, including first-time participants, small savers, individuals in rural, semi-urban, and urban areas, digitally-inclined urban investors, self-employed individuals, and technology-literate investors.
JanNivesh SIP will be accessible through the SBI YONO platform and via partnerships with fintech platforms such as Paytm, Groww, and Zerodha.
The initiative aims to encourage consistent investment practices and long-term wealth accumulation through a cost-effective investment model.
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SBI MF announces change in fund manager under its schemes

SBI Mutual Fund has announced change in fund managers under the following schemes, with effect from February 01, 2025.

Change in Fund Management Responsibilities:

Name of the Scheme	Existing Fund Manager	Revised Fund Manager
SBI International Access-US Equity FoF	Mr. Pradeep Kesavan	Mr. Rohit Shimpi
SBI Magnum Gloal Fund	Mr. R. Srinivasan & Mr. Tanmaya Desai (Co-Fund Manager)	Mr. Tanmaya Desai

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SBI MF announces change in Fund Manager of the following schemes

SBI Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 27 December 2024

Change in Fund Managers of the Schemes:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
SBI Liquid Fund	Mr. R. Arun and Mr. Rajeev Radhakrishnan (Co-Fund Manager)	Mr. Rajeev Radhakrishnan
SBI Overnight Fund	Mr. R. Arun	Mr. Ranjana Gupta and Mr. Tejas Soman (Co-Fund Manager)
SBI Savings Fund	Mr. R. Arun and Mr. Rajeev Radhakrishnan (Co-Fund Manager)	Mr. Rajeev Radhakrishnan
SBI Magnum Ultra Short Duration Fund	Mr. R. Arun and Mr. Ardhendhu Bhattacharya (Co-Fund Manager)	Mr. Rajeev Radhakrishnan and Mr. Ardhendhu Bhattacharya (Co-Fund Manager)
SBI Magnum Low Duration Fund	Mr. Rajeev Radhakrishnan and Mr. R. Arun (Co-Fund Manager)	Mr. Rajeev Radhakrishnan
SBI Arbitrage Opportunities Fund	Mr. Neeraj Kumar (Equity Portion) Mr. R. Arun (Debt Portion)	Mr. Neeraj Kumar (Equity Portion) Mr. Ardhendhu Bhattacharya (Debt Portion)

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Fund House Details & Investment Objective

Date of Incorporation

28 December 2013

Total AUM (Cr)

₹33.26

SBI Tax Advantage Fund-Series III-Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 28 December 2013, this fund is managed by R Srinivasan. With assets under management (AUM) worth ₹33.26 (Cr), as of 27 March 2024, SBI Tax Advantage Fund-Series III-Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of undefined% since its launch.
The current NAV of SBI Tax Advantage Fund-Series III-Direct (IDCW) is ₹63.58, as on 27 March 2024. The fund's benchmark index is BSE 500 TRI. You can invest in SBI Tax Advantage Fund-Series III-Direct (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:
Nil The fund has generated - and - 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 .
The top 5 sectors the fund invests in are: 41.25% in Debt, 21.84% in Banks, 9.79% in Finance, 6.76% in Telecom-Services, 5.18% in Petroleum Products

FAQs

How to Invest in SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth?

SBI Tax Advantage Fund-Series III-Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of undefined% since inception. Looking to invest in SBI Tax Advantage Fund-Series III-Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Tax Advantage Fund-Series III-Direct (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 on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, SBI Tax Advantage Fund-Series III-Direct (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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Tax Advantage Fund-Series III-Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, SBI Tax Advantage Fund-Series III-Direct (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and undefined% in 3 and 5 years respectively. Since its inception, the fund has generated undefined% returns.

What is the expense ratio of SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth?

The expense ratio of SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth is 1.76%. 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.

What is the AUM of SBI Tax Advantage Fund-Series III-Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of SBI Tax Advantage Fund-Series III-Direct (IDCW) is ₹33.26 (Cr) as of 2024-03-27 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from SBI Tax Advantage Fund-Series III-Direct (IDCW) Direct Growth?

Redeeming or selling units of SBI Tax Advantage Fund-Series III-Direct (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 Tax Advantage Fund-Series III-Direct (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 Tax Advantage Fund-Series III-Direct (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).