FAQ : SBI Long Term Advantage Fund - Series II - Regular Plan - Growth

SBI Long Term Advantage Fund - Series II - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 35.33 27.58 23.75 N/A
Average Rolling Returns(%) 19.92 16.65 15.35 N/A

The Current NAV of SBI Long Term Advantage Fund - Series II - Regular Plan - Growth is ₹37.91.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE 500 returns, as Funds portfolio is significantly different.

SBI Long Term Advantage Fund - Series II - Regular Plan - Growth fund’s expense ratio is 2.70%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Long Term Advantage Fund - Series II - Regular Plan - Growth is currently ₹38 Crores.

The Top three stocks are Reliance Industries, Antony Waste Hand and HDFC Bank and account for 20% of its portfolio. Top 5 and 10 stocks of fund account for 32% and 54% of fund’s portfolio respectively.

Top three sectors of SBI Long Term Advantage Fund - Series II - Regular Plan - Growth fund are BFSI, Auto and Miscellaneous accounting for 52% of the total portfolio.

Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Long Term Advantage Fund - Series II - Regular Plan - Growth Fund is Equity - ELSS.

R. Srinivasan and Richard Dsouza manage the SBI Long Term Advantage Fund - Series II - Regular Plan - Growth Fund.

SBI Long Term Advantage Fund - Series II - Regular Plan - Growth current PE ratio is 44.19 and PB ratio is 7.58

The asset allocation of SBI Long Term Advantage Fund - Series II - Regular Plan - Growth is Stocks : 92.54%, Debt : 7.45% and Gold : 0%

The minimum SIP amount for SBI Long Term Advantage Fund - Series II - Regular Plan - Growth is N/A and minimum lumpsum is ₹500.00

The exit load for SBI Long Term Advantage Fund - Series II - Regular Plan - Growth is N/A

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