3 Year return
25.16%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹71.6 Cr.
Expense Ratio
1.76% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year
Not applicable as these investments cannot be sold before the 3 year lock-in period
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
SBI Mutual Fund Managers
RS
R Srinivasan
Fund Manager since Apr 2022
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant ELSS Tax Saver Fund IDCW Direct Plan Payout |
28.86% |
3.5 |
SBI Long Term Equity Fund Direct Plan IDCW Payout |
27.91% |
5 |
Bank of India ELSS Tax Saver Direct Plan IDCW Payout |
25.29% |
3 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Long Term Advantage Fund Series III Direct Plan Growth
The SBI Long Term Advantage Fund Series III Direct Plan Growth is a part of SBI Mutual Fund, which is one of the renowned names in the Indian mutual fund industry. This fund falls under the category of Equity Linked Saving Scheme (ELSS), also known as a tax-saving mutual fund.
Investment Objectives of the Scheme
The primary objective of the SBI Long Term Advantage Fund Series III Direct Plan Growth is to provide investors with the opportunity for long-term capital appreciation through investments in a diversified portfolio of equity and equity-related securities. Additionally, being an ELSS fund, it also offers tax benefits under Section 80C of the Income Tax Act.
Key Features of The Fund
5-year return | 24.8% |
Expense Ratio | 1.76% |
Fund Manager | R Srinivasan |
Fund Size | ₹71.6 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
This fund is particularly suitable for individuals who are looking for a combination of potential capital growth and tax savings. It's ideal for those who have a long-term investment horizon and are willing to stay invested for at least three years, as ELSS funds come with a mandatory lock-in period of three years. Additionally, if you want exposure to equities with the added benefit of tax deductions, this fund could be a suitable choice for your investment portfolio.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 33331800 425 5425 |
customer.delight@sbimf.com | |
Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Long Term Advantage Fund Series Iii?
What is the AUM of SBI Long Term Advantage Fund Series Iii?
What is the expense ratio of SBI Long Term Advantage Fund Series Iii?
What are the returns of SBI Long Term Advantage Fund Series Iii since inception?
What is the minimum SIP amount to invest in SBI Long Term Advantage Fund Series Iii?
How do I invest in SBI Long Term Advantage Fund Series Iii?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Long Term Advantage Fund Series Iii?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Long Term Advantage Fund Series Iii?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Long Term Advantage Fund Series Iii?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.