Our Opinion
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We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
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Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
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|---|---|---|---|---|---|---|
|
Very High
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0.92 |
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|
Very High
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0.74 |
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Very High
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1.08 |
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Very High
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1.03 |
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|
Very High
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0.67 |
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About SBI Long Term Advantage Fund Series II Direct Growth
SBI Long Term Advantage Fund Series II Direct Growth is a equity mutual fund scheme of SBI Mutual Fund. Launched on March 25, 2015, it is currently managed by . The fund has an expense ratio of 1.08% with an overall AUM (Assets Under Management) of ₹34 Cr.
SBI Long Term Advantage Fund Series II - Direct Plan is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹-- and minimum SIP of ₹--.
Suitability
ELSS funds are suitable for investors:
Note:
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of SBI Long Term Advantage Fund Series II Direct Growth through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, SBI Long Term Advantage Fund Series II Direct Growth can be bought from the SBI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of SBI Long Term Advantage Fund Series II Direct Growth, is ₹40.8302 as of 19-Mar-2026.
Over the past five years, SBI Long Term Advantage Fund Series II Direct Growth has delivered an annualised return of --% as of 19-Mar-2026.
The minimum investment required to start investing in SBI Long Term Advantage Fund Series II Direct Growth is ₹ for the lump sum option and ₹ for the SIP (Systematic Investment Plan) option.