3 Year return
24.04%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹213.57 Cr.
Expense Ratio
1.75% (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 IV Direct Plan Growth
The SBI Long Term Advantage Fund Series IV Direct Plan Growth is a part of SBI Mutual Fund, one of the leading mutual fund houses in India. This specific fund falls under the category of Equity Linked Savings Scheme (ELSS). ELSS funds are known for their potential to provide tax benefits under Section 80C of the Income Tax Act while offering exposure to the equity market.
Investment Objectives of the Scheme
The primary objective of the SBI Long Term Advantage Fund Series IV Direct Plan Growth is to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments. These could include stocks of companies across different market capitalizations and sectors. The fund aims to offer growth opportunities while also providing the advantage of tax savings.
Key Features of The Fund
5-year return | 27.62% |
Expense Ratio | 1.75% |
Fund Manager | R Srinivasan |
Fund Size | ₹213.57 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
This fund is suitable for investors who are looking for both capital appreciation and tax benefits. If you have a long-term investment horizon and are comfortable with market fluctuations associated with equity investments, this fund could be a good fit. Additionally, individuals who are seeking to optimize their tax liability under Section 80C can consider investing in ELSS funds like SBI Long Term Advantage Fund Series IV Direct Plan Growth. It's important to note that while ELSS funds offer tax benefits, they come with a mandatory lock-in period of three years. This lock-in can serve as a way to align your investment horizon with the long-term growth potential of equities.
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.
Build Investment Discipline with SIPs
FAQs
What is today's NAV of SBI Long Term Advantage Fund Series Iv?
What is the AUM of SBI Long Term Advantage Fund Series Iv?
What is the expense ratio of SBI Long Term Advantage Fund Series Iv?
What are the returns of SBI Long Term Advantage Fund Series Iv since inception?
What is the minimum SIP amount to invest in SBI Long Term Advantage Fund Series Iv?
How do I invest in SBI Long Term Advantage Fund Series Iv?
- 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 Iv?
- 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 Iv?
- 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 Iv?
- 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.