SBI Long Term Advantage Fund - Series IV
Performance
Scorecard
★★★☆☆3/5 vs 52 of 50 ELSS peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within ELSS (same plan and option). 52 of the 50 ELSS funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +10.34% · ranks 38 of 50 ELSS funds
Volatility 13.6% vs 14.7% category avg
1.4% expense vs 2.0% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (1.42%) vs the ELSS average of 2.00%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- Trails the ELSS average on 1M/3M/6M — 1Y by 0.33pp
- 3-year return (+10.34%) trails the ELSS average (+13.14%)
- 5-year return (+12.02%) trails the ELSS average (+12.81%)
- Weaker risk-adjusted returns — Sharpe 0.28 below the ELSS average of 0.43
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Risk (trailing 3Y)
DefinitionsBenchmark ratios (vs Nifty 500 · 36 monthly returns)
DefinitionsComputed vs the Nifty 500 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.
Fund vs category average (ELSS)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.00% | +1.54% | -1.54% |
| 3M abs | +4.10% | +6.09% | -1.99% |
| 6M abs | -1.77% | +3.94% | -5.71% |
| 1Y CAGR | +2.64% | +2.97% | -0.33% |
| 3Y CAGR | +10.34% | +13.14% | -2.80% |
| 5Y CAGR | +12.02% | +12.81% | -0.79% |
Category average across peers in ELSS (up to 50 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 50 peers in ELSS
Rolling returns
Return for every possible 1Y holding period, not just today’s
86 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -34.4%13 Feb 2020 → 23 Mar 2020
Fell over 39 days, back to the old high on 26 Aug 2020 — 5 months under water after the low.
- -21.2%23 Sep 2024 → 07 Apr 2025
Still below that high — 6 months down, and no recovery yet.
- -16.6%31 Aug 2018 → 18 Feb 2019
Fell over 6 months, back to the old high on 29 Oct 2019 — 8 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 | Diff | |
|---|---|---|---|---|
| 2026part | -2.55% | -1.50% | -1.05% | |
| 2025 | +3.81% | +6.69% | -2.88% | |
| 2024 | +20.51% | +15.16% | +5.35% | |
| 2023 | +23.85% | +25.76% | -1.91% | |
| 2022 | +6.33% | +3.02% | +3.31% | |
| 2021 | +58.58% | +30.19% | +28.39% | |
| 2020 | +31.98% | +16.67% | +15.31% | |
| 2019 | +14.15% | +7.66% | +6.49% | |
| 2018part | +2.23% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Fund size over time
Quarterly average AUM · AMFIDown +11% from its peak of ₹203.93Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into SBI Long Term Advantage Fund - Series IV, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
SBI in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
SBI Mutual Fund sells 71,698 Pakka Ltd shares, stake falls to 6.45%
scanx.trade · 5h ago
SBI Mutual Fund reduces Neogen Chemicals stake to 6.03% under SAST Reg 29
scanx.trade · 1d ago
SBI Mutual Fund acquires 5.2% stake in Tenneco Clean Air India
scanx.trade · 4d ago
SBI Mutual Fund raises Urban Company stake to 8.84% with 2.27% buy
scanx.trade · 4d ago
Portfolio rejig: Here's what top 3 mutual fund houses bought & sold in July
Business Standard · 4d ago
HDFC MF leads retail and HNI AUM; SBI dominates affluent investor base in B30 cities
Cafemutual · 4d ago
SBI Mutual Fund - PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July
The Economic Times · 5d ago
SBI Mutual Fund: SBI, RIL, and HDFC Bank among top 10 stock holdings in July
The Economic Times · 7d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About ELSS (tax-saving) funds
ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.
Frequently asked questions
What is the NAV of SBI Long Term Advantage Fund - Series IV?
As of 20 Aug 2026, the NAV of SBI Long Term Advantage Fund - Series IV is ₹47.60 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Long Term Advantage Fund - Series IV delivered?
SBI Long Term Advantage Fund - Series IV has returned +2.64% over 1 year, +10.34% per year over 3 years, +12.02% per year over 5 years and +18.30% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of SBI Long Term Advantage Fund - Series IV?
SBI Long Term Advantage Fund - Series IV charges an expense ratio of 1.42% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of SBI Long Term Advantage Fund - Series IV?
Its largest holdings are ICICI Bank Ltd (7.4%), Bajaj Finance Ltd (7.2%), GKW Ltd (4.8%), Eicher Motors Ltd (4.4%) and State Bank of India (4.2%). Holdings are disclosed monthly and change over time.
How risky is SBI Long Term Advantage Fund - Series IV?
It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.6% and its worst peak-to-trough fall in our sample was -34.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.28 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Long Term Advantage Fund - Series IV's 0.28 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of SBI Long Term Advantage Fund - Series IV?
SBI Long Term Advantage Fund - Series IV is benchmarked against the BSE 500 Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages SBI Long Term Advantage Fund - Series IV?
SBI Long Term Advantage Fund - Series IV is managed by Nidhi Chawla at SBI.
How is SBI Long Term Advantage Fund - Series IV taxed?
SBI Long Term Advantage Fund - Series IV is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.