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Unrated

SBI Tax Advantage Fund - Series III - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 2.52 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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(₹)
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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 50.95 0.09 -0.52 10.00 18.62 36.33 79.43 36.13 25.32 22.07 --
S&P BSE 500 TRI 31.53 0.32 -0.20 7.57 11.38 22.22 64.67 18.25 16.18 13.94 --
Equity: ELSS 42.53 0.42 -0.61 7.22 13.09 29.47 76.11 19.56 16.76 18.49 --
Rank within category 8 19 10 2 3 8 8 1 1 1 --
Number of funds in category 25 25 25 25 25 25 25 24 9 3 1

As on 22-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Tax Advantage Fund - Series III - Regular Plan
Unrated
Mar-14 79.43 36.13 25.32 1.38 31
UTI Master Equity Plan Unit Scheme
Unrated
Mar-03 60.14 15.48 13.29 1.46 2,427

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.38 03-Apr-2020 - 13-Apr-2020 -16.53 16-Mar-2020 - 23-Mar-2020
Month 21.19 23-Mar-2020 - 22-Apr-2020 -31.33 20-Feb-2020 - 23-Mar-2020
Quarter 35.88 26-May-2020 - 25-Aug-2020 -25.01 23-Dec-2019 - 23-Mar-2020
Year 107.02 23-Mar-2020 - 23-Mar-2021 -15.53 25-Jan-2018 - 28-Jan-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 30.81 22.86 1.17 1.30 0.91 15.27
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: ELSS 18.33 26.01 0.56 0.60 1.07 0.85
Rank within category 1 3 1 1 1 1
Number of funds in category 24 24 24 24 24 24

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 26
Top 10 Stocks (%) 47.84
Top 5 Stocks (%) 25.46
Top 3 Sectors (%) 44.64
Portfolio P/B Ratio 6.00
Portfolio P/E Ratio 36.21

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 46,421 65,534
Giant (%) 31.65 38.68
Large (%) 18.52 13.71
Mid (%) 18.06 26.05
Small (%) 31.77 33.51
Tiny (%) -- 1.16

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 Divi's Laboratories Healthcare 66.67 7.72 4.38 5.64
equal HDFC Bank Financial 25.88 10.13 4.62 5.07
equal Bajaj Finance Financial 105.44 5.06 1.40 5.06
equal Muthoot Finance Financial 15.76 6.61 0.00 4.85
equal Ratnamani Metals & Tubes Metals 36.72 5.22 0.00 4.84
equal Hawkins Cookers Consumer Durable 35.82 7.30 0.00 4.79
equal Rajratan Global Wire Automobile 28.08 7.47 0.00 4.61
equal AIA Engineering Metals 33.70 4.53 0.00 4.53
equal Bharti Airtel Communication 352.25 6.96 3.60 4.26
equal JK Cement Construction 29.32 6.09 0.00 4.19
equal P&G Hygiene & Health Care FMCG 70.19 6.23 3.70 4.00
equal Hatsun Agro Products FMCG 121.14 3.58 0.00 3.58
equal SRF Diversified 44.91 3.25 0.00 3.25
equal ICICI Bank Financial 24.37 3.23 0.00 3.23
down MM Forgings Metals 24.61 5.78 0.00 3.18
equal Rossari Biotech Chemicals 92.54 4.80 0.00 3.15
equal State Bank of India Financial 15.67 7.97 2.80 3.14
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 3.06
equal Fine Organic Industries Chemicals 80.62 7.22 3.01 3.01
equal Info Edge (India) Services 59.71 2.97 0.00 2.97
equal Infosys Technology 35.54 2.73 0.00 2.73
equal Garware Technical Fibres Textiles 40.33 5.83 2.70 2.71
equal HCL Technologies Technology 31.27 2.65 0.00 2.65
equal Kotak Mahindra Bank Financial 39.62 3.92 0.05 2.42
down Neogen Chemicals Chemicals 87.82 4.56 0.00 2.16

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 31-Aug-2021

Fund Manager

— Nidhi Chawla since 28-Nov-2017

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

Experience: She joined SBI Mutual Fund in May 2007. She has been working as an equity research analyst covering various sectors including Real Estate, Infrastructure and Construction.

Funds Managed:


0.09%

Change from previous, NAV as on 22-Sep-2021

Growth: ₹ 58.3826

IDCW: ₹ 46.4550


Investment Strategy

The scheme seeks to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.

Investment Details

Tenure (Days) 3650
Maturity date 27-Mar-2024

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 28-Mar-2014
Return Since Launch: 26.55%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20184.6000

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: http://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

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