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Unrated

SBI Tax Advantage Fund - Series II


1 Lakh

Investment Grown to
₹ 1.16 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.04 1.76 5.90 6.64 -13.22 -9.00 -3.70 5.05 10.40 17.45 --
S&P BSE 500 TRI -15.43 1.34 6.09 10.41 -10.09 -14.39 -14.55 0.84 5.76 10.02 --
Equity: ELSS -15.08 1.90 6.32 9.90 -13.97 -14.35 -17.08 -3.16 6.25 13.27 --
Rank within category 5 13 11 22 14 5 3 3 2 1 --
Number of funds in category 25 25 25 25 25 25 25 14 6 2 1

As on 05-Jun-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.03 (16-May-2014 - 23-May-2014) -18.28 (16-Mar-2020 - 23-Mar-2020)
Month 19.63 (23-Mar-2020 - 22-Apr-2020) -33.70 (20-Feb-2020 - 23-Mar-2020)
Quarter 32.11 (04-Apr-2014 - 04-Jul-2014) -27.17 (23-Dec-2019 - 23-Mar-2020)
Year 98.08 (12-Sep-2013 - 12-Sep-2014) -17.74 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.54 22.83 0.05 0.06 0.98 4.93
S&P BSE 500 TRI 1.56 21.09 -0.18 -0.20 -- --
Equity: ELSS -1.96 23.48 -0.30 -0.32 1.05 -3.34
Rank within category 3 8 3 3 5 3
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 57.19
Top 5 Stocks (%) 35.67
Top 3 Sectors (%) 44.69
Portfolio P/B Ratio 2.21
Portfolio P/E Ratio 10.39

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 19,554 34,302
Giant (%) 32.49 37.67
Large (%) 15.72 15.56
Mid (%) 15.45 22.47
Small (%) 31.01 35.81
Tiny (%) 5.32 2.10

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 20.83 10.71 4.79 10.03
equal Hawkins Cookers Cons Durable 31.06 7.32 0.00 7.32
equal Divi's Laboratories Healthcare 51.42 7.65 3.34 7.11
equal Bharti Airtel Communication -- 6.04 0.00 6.04
equal Fine Organic Industries Chemicals 40.16 6.09 0.00 5.17
equal JK Cement Construction 19.13 5.17 0.00 4.90
equal Hatsun Agro Products FMCG 71.71 6.91 0.00 4.41
up State Bank of India Financial 11.88 8.84 4.14 4.14
equal Muthoot Finance Financial 12.92 4.13 0.00 4.13
down Neogen Chemicals Chemicals 37.78 4.26 0.00 3.94
equal Axis Bank Financial 61.74 9.45 0.00 3.87
equal Rajratan Global Wire Automobile 6.78 6.85 3.70 3.73
equal Techno Electric & Engineering Engineering 10.58 4.99 0.00 3.69
equal Bajaj Finance Financial 27.35 7.45 0.00 3.33
new GAIL Energy 7.10 3.29 0.00 3.29
up SJVN Energy 4.84 3.15 0.00 3.04
new NIIT Technology 0.95 2.93 0.00 2.93
equal Triveni Turbine Engineering 16.12 3.27 0.00 2.33
equal CSB Bank Financial -- 3.37 0.00 2.15
up Reliance Industries Energy 27.16 1.53 0.00 1.53
equal ABB Engineering 66.64 4.42 0.00 1.22
equal Control Print Services 9.76 2.45 0.00 1.19
equal Infosys Technology 18.06 4.61 0.00 1.03
equal Shreno Construction -- 1.01 0.00 0.91
equal MM Forgings Metals 7.80 2.05 0.00 0.72

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Nidhi Chawla since 28-Nov-2017

Education: Ms. Chawla holds BBS degree and has also done MBE and CFA.

Experience: She has over 4 years of experience in mutual fund industry. She is with SBI Mutual Fund since 2007.

Funds Managed:


1.76%

Change from previous, NAV as on 05-Jun-2020

Growth: ₹ 36.5333

Dividend: ₹ 26.8698


Investment Strategy

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equities of companies across large, mid and small market capitalization along with income tax benefit.

Tenure (Days) 3650
Maturity date 28-Mar-2022

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 29-Mar-2012
Return Since Launch: 17.14%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend23-Mar-20186.3000

 21-Feb-20141.0000

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Shop for value or hold cash

dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM