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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹0 & Lump. ₹500

AUM (Fund size)

₹33 Cr

Lock In Period

3 Years

Expense Ratio

1.39

Benchmark

BSE 500 Total Return

Exit Load

Nil

Summary

Latest details for SBI Tax Advantage Fund - Series III Growth include a ₹76.6804 NAV as of Mar 27,2024 and returns since inception of 80.80%. Minimum investments start at SIP ₹0. The SBI Tax Advantage Fund - Series III Growth AUM is ₹33 Cr, with a lock-in of 3 Years years, expense ratio of 1.39%, and benchmark BSE 500 Total Return. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded -0.11% returns, against a category average of 1.31% and a category best of 13.51%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.111.3113.51
6M6.971.8024.27
1Y31.536.1878.49
3Y21.8215.57130.26

Portfolio Analysis

  • Equity: 58.86%
  • Debt: 41.14%
  • Others
As on: 2024-02-29
View allocation % by

1. ICICI Bank Ltd.6.64%
2. HDFC Bank Ltd.4.22%
3. Axis Bank Ltd.3.56%

1. Muthoot Finance Ltd.5.88%
2. Bajaj Finance Ltd.3.91%

1. State Bank of India7.42%

1. Bharti Airtel Ltd.6.76%

1. Reliance Industries Ltd.5.18%

1. Infosys Ltd.5.03%

1. Divi's Laboratories Ltd.4.93%

1. Garware Technical Fibres Ltd.2.92%

1. Chemplast Sanmar Ltd.2.41%

About Fund

SBI Tax Advantage Fund - Series III Growth managed by SBI Mutual Fund,is a Equity - ELSSscheme with Assets Under Management of ₹33 Crore. The fund benchmarks its performance against the BSE 500 Total Return while maintaining an expense ratio of 1.39. Under the expert guidance of R Srinivasan ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

R Srinivasan

Mr. Srinivasan holds M.Com & MFM. He is having experience of more than 19 years in the area of financial services. Prior to joining SBI Funds Management Pvt. Ltd. was with Future Capital Holding, asset management and financial services entity of the Future Group, where he worked as Head - Portfolio Management and was responsible for Portfolio Management & Equity Research. Before that he worked with many organizations viz: Principal PNB AMC; Imperial Investment Advisor; Indosuez W.I. Carr Securities; Inquire Indian Equity Research); Sunidhi Consultancy (Research unit); Capital Market Publishers etc.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSBI Tax Advantage Fund - Series III Growth033.26 CR1.39
This FundICICI Prudential R.I.G.H.T. Fund Growth041.44 CR1.41
This FundSBI Tax Advantage Fund - Series II Growth042.27 CR1.46
Fund Name1Y3Y
This FundSBI Tax Advantage Fund - Series III Growth27.768781.1482
This FundICICI Prudential R.I.G.H.T. Fund Growth10.6102111.0608
This FundSBI Tax Advantage Fund - Series II Growth33.5864130.2485

FAQs

SBI Tax Advantage Fund - Series III Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of SBI Tax Advantage Fund - Series III Growth is 1.39. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

SBI Tax Advantage Fund - Series III Growth’s fund performance is as follows:
  • 1 Month : -0.11%
  • 6 Months : 6.97%
  • 1 Year : 31.53%
  • 3 Years : 21.82%
Returns of SBI Tax Advantage Fund - Series III Growth are updated daily based on NAV of ₹ 76.6804 as on Mar 27,2024. Since inception, the return has been 80.80%.

You can invest in SBI Tax Advantage Fund - Series III Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of SBI Tax Advantage Fund - Series III Growth is ₹33 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in SBI Tax Advantage Fund - Series III Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500