FAQ : SBI Tax Advantage fund - Series III - Regular Plan - Growth

SBI Tax Advantage fund - Series III - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.72 21.4 28.25 19.22
Average Rolling Returns(%) 23.99 22.62 20.66 20.71

The Current NAV of SBI Tax Advantage fund - Series III - Regular Plan - Growth is ₹76.68.

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 - Regular Plan - Growth 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 Tax Advantage fund - Series III - Regular Plan - Growth 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 - Regular Plan - Growth 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 - Regular Plan - Growth Fund is Equity - ELSS.

R. Srinivasan and Nidhi Chawla manage the SBI Tax Advantage fund - Series III - Regular Plan - Growth Fund.

SBI Tax Advantage fund - Series III - Regular Plan - Growth current PE ratio is 30.93 and PB ratio is 5.98

The asset allocation of SBI Tax Advantage fund - Series III - Regular Plan - Growth is Stocks : 58.86%, Debt : 41.14% and Gold : 0%

The minimum SIP amount for SBI Tax Advantage fund - Series III - Regular Plan - Growth is N/A and minimum lumpsum is ₹500.00

The exit load for SBI Tax Advantage fund - Series III - Regular Plan - Growth is Nil

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