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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹46.9498 -1.40%
As on 06-Sep-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
SBI Long Term Advantage Fund Series III - Regular Plan
|
|
Very High
|
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1.38 |
||
|
|
Very High
|
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1.46 |
₹81 Cr
--
500
500
--
--
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.
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.
Capital Gains Taxation
Dividend Taxation
SBI Long Term Advantage Fund Series III - Regular 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.
Mutual funds can be bought directly from the website of the fund house. For instance, SBI Long Term Advantage Fund Series III - Regular Plan fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of SBI Long Term Advantage Fund Series III - Regular Plan is ₹46.9498 as of 09-Sep-2024.
The AUM of SBI Long Term Advantage Fund Series III - Regular Plan Fund is ₹81 Cr as of 31-Aug-2024
The riskometer level of SBI Long Term Advantage Fund Series III - Regular Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
7.11
|
|
|
6.82
|
|
|
5.62
|
|
|
5.05
|
|
|
5.05
|
As of 31-Aug-2024, SBI Long Term Advantage Fund Series III - Regular Plan had invested 95.61% in Equity and 4.39% in Cash & Cash Eq. See More
SBI Long Term Advantage Fund Series III - Regular Plan is 8 years 5 months old. It has delivered 20.11% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
45.38%
|
25.34%
|
30.13%
|
19.92%
|
--
|
20.11%
|
Yes, There is lock in period in SBI Long Term Advantage Fund Series III - Regular Plan.
The expense ratio of SBI Long Term Advantage Fund Series III - Regular Plan is 1.38.
Mutual Funds 
SBI SBI Long Term Advantage Fund Series III - Regular Plan
