SBI Tax Advantage fund - Series III - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 28.19 | 21.87 | 28.81 | 19.73 |
Average Rolling Returns(%) | 24.55 | 23.19 | 21.27 | 21.22 |
The Current NAV of SBI Tax Advantage fund - Series III - Growth - Direct Plan is ₹79.83.
Funds returns are more likely to be different than its benchmark S&P BSE 500 returns, as Funds portfolio is significantly different.
SBI Tax Advantage fund - Series III - Growth - Direct Plan fund’s expense ratio is N/A
The process for redemption is
The AUM of SBI Tax Advantage fund - Series III - Growth - Direct Plan is currently ₹33 Crores.
The Top three stocks are SBI, Bharti Airtel and ICICI Bank and account for 21% 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 Tax Advantage fund - Series III - Growth - Direct Plan fund are Miscellaneous, BFSI and Telecom accounting for 80% 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 Tax Advantage fund - Series III - Growth - Direct Plan Fund is Equity - ELSS.
R. Srinivasan and Nidhi Chawla manage the SBI Tax Advantage fund - Series III - Growth - Direct Plan Fund.
SBI Tax Advantage fund - Series III - Growth - Direct Plan current PE ratio is 30.93 and PB ratio is 5.98
The asset allocation of SBI Tax Advantage fund - Series III - Growth - Direct Plan is Stocks : 58.86%, Debt : 41.14% and Gold : 0%
The minimum SIP amount for SBI Tax Advantage fund - Series III - Growth - Direct Plan is N/A and minimum lumpsum is ₹500.00
The exit load for SBI Tax Advantage fund - Series III - Growth - Direct Plan is Nil