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Unrated

SBI Long Term Advantage Fund Series III - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 2.10 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 39.76 -1.51 -1.98 3.33 10.28 26.10 67.12 28.14 16.84 -- --
S&P BSE 500 TRI 36.62 -1.19 -0.39 5.03 15.62 29.93 62.03 23.26 17.14 -- --
Equity: ELSS 51.79 -1.58 -1.49 4.97 12.31 39.05 83.23 26.41 17.32 -- --
Rank within category 12 11 11 14 17 17 11 5 2 -- --
Number of funds in category 18 18 18 18 18 18 18 17 6 1 0

As on 20-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Long Term Advantage Fund Series III - Direct Plan
Unrated
Mar-16 67.12 28.14 16.84 0.90% 60

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.08 24-Mar-2020 - 31-Mar-2020 -17.86 16-Mar-2020 - 23-Mar-2020
Month 18.62 24-Mar-2020 - 23-Apr-2020 -35.39 20-Feb-2020 - 24-Mar-2020
Quarter 36.62 26-May-2020 - 25-Aug-2020 -33.49 23-Dec-2019 - 23-Mar-2020
Year 113.63 23-Mar-2020 - 23-Mar-2021 -28.30 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 25.53 22.50 0.96 0.98 0.96 5.42
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 24.84 25.30 0.84 0.89 1.06 3.14
Rank within category 5 8 5 4 5 5
Number of funds in category 17 17 17 17 17 17

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 24
Top 10 Stocks (%) 58.46
Top 5 Stocks (%) 32.94
Top 3 Sectors (%) 44.15
Portfolio P/B Ratio 3.61
Portfolio P/E Ratio 30.81

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 35,646 63,351
Giant (%) 30.31 38.23
Large (%) 8.10 13.75
Mid (%) 19.54 27.22
Small (%) 42.05 38.08
Tiny (%) -- 0.73

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
up Reliance Industries Energy 37.92 9.74 0.00 9.25
equal MTAR Technologies Services 104.17 6.34 0.00 6.24
equal Tube Investments Of India Automobile 56.63 9.06 0.00 6.12
equal HDFC Bank Financial 27.08 9.31 5.03 5.70
equal Kennametal India Engineering 41.88 6.10 0.00 5.63
equal Cholamandalam Financial Holdings Financial 18.43 5.17 0.00 5.17
equal ICICI Bank Financial 25.84 8.00 0.00 5.15
equal Gland Pharma Healthcare 59.99 6.91 0.00 5.15
equal Elgi Equipments Engineering 51.91 5.79 0.00 5.09
equal Camlin Fine Sciences Chemicals 38.57 5.24 0.00 4.96
equal Brigade Enterprises Construction -- 4.89 0.00 4.89
equal Antony Waste Handling Cell Diversified 20.89 4.19 0.00 4.15
equal Cholamandalam Investment & Finance Company Financial 34.49 6.79 0.04 3.91
equal Narayana Hrudayalaya Healthcare 58.26 3.63 0.00 3.35
equal State Bank of India Financial 17.84 6.23 0.00 3.03
equal National Aluminium Company Metals 12.31 3.05 0.00 2.96
equal Bharti Airtel Communication 367.91 6.70 0.00 2.82
equal Kalpataru Power Trans Construction 8.80 3.24 0.00 2.70
equal Tata Consumer Products FMCG 106.76 2.54 0.00 2.38
equal Wipro Technology 31.76 2.26 0.00 2.22
new Vijaya Diagnostic Centre Healthcare 70.12 1.88 0.00 1.88
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 0.42
equal Esab India Engineering 51.36 2.39 0.00 0.09
equal Sobha Construction 114.57 4.84 0.00 0.07
equal JMC Projects (I) Construction 116.30 4.24 0.00 0.04

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-Sep-2021

Fund Manager

— Richard D'souza since 13-Nov-2018

Education: Mr. D'souza is a B.Sc (Physics) from University of Mumbai.

Experience: Prior to joining SBI Fund Management in 2010 he has worked with Ask Investment Managers Pvt. Ltd., Antique Share & Stock Brokers Pvt. Ltd, Sunidhi Consultancy Ltd. and Alchemy Share & Stock Brokers Pvt. Ltd.

Funds Managed:


-1.51%

Change from previous, NAV as on 20-Oct-2021

Growth: ₹ 25.8697

IDCW: ₹ 21.8026


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 30-Mar-2026

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 31-Mar-2016
Return Since Launch: 18.65%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20182.1000

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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