FAQ : SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 35.23 26.38 28.65 N/A
Average Rolling Returns(%) 26.41 27.64 22.96 N/A

The Current NAV of SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan is ₹41.18.

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 IV - Growth - Direct Plan fund’s expense ratio is N/A

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 IV - Growth - Direct Plan is currently ₹199 Crores.

The Top three stocks are ICICI Bank, Bharti Airtel and SBI and account for 22% of its portfolio. Top 5 and 10 stocks of fund account for 33% and 53% of fund’s portfolio respectively.

Top three sectors of SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan fund are BFSI, FMCG and Consumer Durables accounting for 49% 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 IV - Growth - Direct Plan Fund is Equity - ELSS.

R. Srinivasan and Nidhi Chawla manage the SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan Fund.

SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan current PE ratio is 44.77 and PB ratio is 6.97

The asset allocation of SBI Long Term Advantage Fund - Series IV - Growth - Direct Plan is Stocks : 95.30%, Debt : 4.71% and Gold : 0%

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

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

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