SBI Long Term Advantage Fund - Series V
This is the Regular plan of SBI Long Term Advantage Fund - Series V — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★★5/5 vs 51 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).
3Y CAGR +19.11% · ranks 1 of 49 ELSS funds
Volatility 15.0% 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
- Ahead of the ELSS average on 1M/3M/6M/1Y — 1Y by 0.99pp
- 3-year return (+19.11%) beats the ELSS average (+9.58%)
- 5-year return (+13.78%) beats the ELSS average (+9.51%)
- Stronger risk-adjusted returns — Sharpe 0.84 vs 0.20 ELSS average
- Low expense ratio (1.38%) vs the ELSS average of 2.04%
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (ELSS)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -3.44% | -4.74% | +1.30% |
| 3M abs | -1.91% | -4.04% | +2.13% |
| 6M abs | +13.31% | +8.33% | +4.98% |
| 1Y CAGR | -1.21% | -2.20% | +0.99% |
| 3Y CAGR | +19.11% | +9.58% | +9.53% |
| 5Y CAGR | +13.78% | +9.51% | +4.27% |
Category average across peers in ELSS (up to 49 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 49 peers in ELSS
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 V, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -0.58% | -7.18% | +6.60% | |
| 2025 | +10.65% | +7.94% | +2.71% | |
| 2024 | +43.16% | +16.43% | +26.73% | |
| 2023 | +16.64% | +27.43% | -10.79% | |
| 2022 | +2.03% | +4.34% | -2.31% | |
| 2021 | +34.44% | +31.59% | +2.85% | |
| 2020 | +14.18% | +18.33% | -4.15% | |
| 2019 | +13.80% | +8.95% | +4.85% | |
| 2018part | -2.12% | — | — |
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.
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity97.56%
- Cash & Equivalents2.44%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹360.85Cr 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.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.
Fund Managers
MLMohan LalManaging since 01 May 2024
Fund Manager
Post graduate diploma Management
Mr. Mohan Lal joined SBIFML in September 2017 as an Equity Research Analyst and has been involved in research for chemicals, airlines, media, textiles, retail sectors stocks. He has an overall 18 years of experience in the area of financial services. Prior to joining SBIFML, he was associated with following entities wherein he was primarily involved as Equity Research Analyst-: Kotak Securities Limited (from January 2014 to September 2017) Elara Securities (India) Private Limited (from August 2009 to December 2013)
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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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 V?
As of 05 Oct 2026, the NAV of SBI Long Term Advantage Fund - Series V is ₹31.11 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 V delivered?
SBI Long Term Advantage Fund - Series V has returned -1.21% over 1 year, +19.11% per year over 3 years, +13.78% per year over 5 years and +15.15% 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 V?
SBI Long Term Advantage Fund - Series V charges an expense ratio of 1.38% 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 V?
SBI Long Term Advantage Fund - Series V's largest holdings are Deepak Fertilizers and Petrochemicals Corporation Ltd. (7.4%), Arvind Ltd. (6.9%), Divi's Laboratories Ltd. (5.0%), Foseco India Ltd. (4.6%) and Eicher Motors Ltd. (4.2%). Holdings are disclosed monthly and change over time.
How risky is SBI Long Term Advantage Fund - Series V?
SBI Long Term Advantage Fund - Series V is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.0% and its worst peak-to-trough fall in our sample was -35.8%. 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 0.84 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 V's 0.84 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of SBI Long Term Advantage Fund - Series V?
SBI Long Term Advantage Fund - Series V is benchmarked against the S&P BSE 500 Index. Its alpha and beta on this page are measured against that index.
Who manages SBI Long Term Advantage Fund - Series V?
SBI Long Term Advantage Fund - Series V is managed by Mohan Lal at SBI.
How is SBI Long Term Advantage Fund - Series V taxed?
SBI Long Term Advantage Fund - Series V 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.