SBI Long Term Advantage Fund Series V (G)

SBI Long Term Advantage Fund Series V (G) is a scheme launched by SBI Mutual Fund on March 27, 2018, and falls under the ELSS fund category. It currently manages an AUM of Rs 346.48 crore. The fund permits investments with a minimum SIP of Rs 0 and a lump sum of Rs 5000. It charges an expense ratio of 0% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit.

• Performance:

  SBI Long Term Advantage Fund Series V (G) trailing returns over different times are 10.56% (1 year), 22.76% (3 year) and 24.53% (5 year). The average annual return of this fund stands at 9.72%.