SBI Long Term Advantage Fund (Series IV) is one of the prominent funds from SBI Mutual Fund which is the largest AMC (asset management company) in the country. It was launched on April 10, 2017 and has a size of Rs 243.46 crore. On September 25, the NAV of SBI Long Term Advantage Fund stood at Rs 53.81. The risk-o-meter marks it as “very high”.
Lump sum returns
If an investor put Rs 10,000 in the SBI Long Term Advantage Fund 6 months ago, it would have generated a total return of Rs 13,029; 1 year ago it would have put together a corpus of Rs 14,107; 2 years ago it would have generated Rs 16,364; 3 years ago the same amount would have turned into Rs 17,554; whereas Rs 10,000 would have ballooned to Rs 39,640 in 5 years. If one has invested Rs 10,000 on the day of the launch (April 10, 2017), the fund would have returned Rs 53,688.
SIP returns
A SIP (Systematic Investment Plan) begun 1 year ago would have returned Rs 14,986; begun 2 years ago the SIP would have generated Rs 34,395; 3 years ago it would have given back Rs 55,579 and 5 years ago the same SIP would have given back a total value of Rs 1,35,013.
Portfolio, top stocks
This fund has deployed about 91.32% of its money into Indian stocks – 34.28% in large-cap, 11.42% in mid-cap and 25.2% in small-cap.
SBI Long Term Advantage Fund has invested 28.64% of its money into financials, 16.07% in industrials, 16.06% in consumer discretionary, 10.54% in materials, 7.82% in consumer staples, and 7.38% in technology. The top stocks include SBI, ICICI Bank, Blue Star, Bajaj Finance, Shree Cement, Bharti Airtel, Muthoot Finance, Hatsun Agro, Divi’s Lab, Tips Industries, Kalpataru Power Transmissions etc.
Alpha, beta
According to Value Research, the SBI Long Term Advantage Fund (Series IV) has a beta of 0.81%. It indicates that the fund has suffered 19% less volatility than the market. This fund also has an alpha of 5.10%. It also indicates that the fund has outperformed its benchmark index.
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