SBI Long Term Advantage Fund - Series III Direct IDCW NAV
AMFI: 136006ISIN: INF200KA1HO6SBI Mutual FundELSS funds
Last NAV ₹36.0140
Last NAV, 30 Mar 2026. The fund stopped declaring a NAV after this date.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹66 CrFeb 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 21.228 Feb 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighJan 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 1428 Feb 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes.
- 7 Apr 2016
SBI Long Term Advantage Fund - Series III returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
At the month end, 28 Feb 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +10.03% | +14.85% |
| 3 years | +17.18% | +17.57% |
| 5 years | +17.68% | +14.76% |
| Since launch | +16.49% | +15.08% |
Benchmark: BSE 500 TRI. Both as the fund house states them for the month.
SBI Long Term Advantage Fund - Series III expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.76%, Mar 2019.Direct plan lowest 0.87%, Jun 2020.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.84% | 1.25% |
| For money from smaller towns | None | None |
| Exit load allowance | None | None |
| GST on fees | 0.13% | 0.13% |
Per cent of assets a year, filed for 30 Mar 2026. The parts add up to that day's total.
Buying and selling
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- Not stated
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹0
- SIP
- Not accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- 3 years
As listed for this plan on 24 Oct 2026.
SBI Long Term Advantage Fund - Series III AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹64 CrQuarter to Mar 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 4.8%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹80 Cr, quarter to Sep 2024.
Assets at each month end
Highest ₹82 Cr, Aug 2024.Lowest ₹34 Cr, Mar 2020.
SBI Long Term Advantage Fund - Series III portfolio
Portfolio disclosed for 28 Feb 2026.
Holdings on 28 Feb 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|---|
| Reliance IndustriesPetroleum Products | Large cap1st | 8.10% | 5.35 | 38,366 | Dec 2018 |
| HDFC BankBanks | Large cap2nd | 5.92% | 3.91 | 44,000 | Sep 2019 |
| Axis BankBanks | Large cap18th | 5.66% | 3.74 | 27,000 | Feb 2025 |
| Aster DM Quality CareHealthcare Services | Small cap259th | 5.46% | 3.60 | 55,000 | Nov 2024 |
| Larsen & ToubroConstruction | Large cap11th | 5.19% | 3.42 | 8,000 | May 2025 |
| State Bank of IndiaBanks | Large cap6th | 5.10% | 3.36 | 28,000 | Dec 2024 |
| ICICI BankBanks | Large cap5th | 4.95% | 3.27 | 23,700 | Oct 2020 |
| Kotak Mahindra BankBanks | Large cap16th | 3.62% | 2.39 | 57,500 | Oct 2024 |
| Bank of BarodaBanks | Large cap66th | 3.41% | 2.25 | 70,000 | Sep 2025 |
| Bajaj FinservFinance | Large cap20th | 3.17% | 2.09 | 10,500 | Apr 2025 |
| VedantaDiversified Metals | Large cap46th | 2.94% | 1.94 | 27,000 | Dec 2025 |
| Colgate Palmolive (India)Personal Products | Mid cap173rd | 2.73% | 1.80 | 8,000 | Apr 2025 |
| Tech MahindraIT - Software | Large cap60th | 2.06% | 1.36 | 10,000 | Sep 2025 |
| SBI Life Insurance CompanyInsurance | Large cap45th | 1.85% | 1.22 | 6,000 | Dec 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 28 Feb 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 39.64% | 26.16 |
| Net Receivable / Payable | 0.20% | 0.13 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 8.10%Reliance Industries
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 30.33%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 50.58%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 12.1Taken over 60.16% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares60.16%
- Cash and receivables39.84%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap86.39%Category 55.91%
- Mid cap4.54%Category 17.40%
- Small cap9.08%Category 26.38%
Per cent of the fund's Indian shares. By the list for the six months to Dec 2025. Category is the average of 54 ELSS funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.7sectors
- Financial Services33.68%Category 32.55%
- Oil Gas & Consumable Fuels8.10%Category 4.49%
- Healthcare5.46%Category 7.12%
- Construction5.19%Category 2.78%
- Metals & Mining2.94%Category 2.50%
- Fast Moving Consumer Goods2.73%Category 4.05%
- Information Technology2.06%Category 6.53%
Per cent of the fund's net assets, less the futures sold on its shares, Feb 2026. Category is the average of 54 ELSS funds. Category average. The sector's weight, less the futures sold on it, averaged over the 54 ELSS funds that disclosed a portfolio for Feb 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services8 companies | 33.68% | 39.64% | 41.40% | 37.16% | 36.18% | 36.06% | 30.10% | 29.12% | 28.77% | 28.87% | 33.01% | 29.55% | |
| Oil Gas & Consumable Fuels1 company | 8.10% | 8.21% | 8.90% | 8.74% | 8.25% | 7.83% | 7.79% | 7.62% | 7.91% | 7.64% | 7.71% | 10.27% | |
| Healthcare1 company | 5.46% | 4.66% | 5.01% | 5.32% | 5.40% | 5.16% | 4.94% | 4.76% | 4.50% | 4.31% | 6.94% | 6.95% | |
| Construction1 company | 5.19% | 4.82% | 4.83% | 6.62% | 6.67% | 6.47% | 6.49% | 6.39% | 6.25% | 6.47% | 0.00% | 0.00% | |
| Metals & Mining1 company | 2.94% | 5.78% | 8.96% | 6.24% | 6.51% | 6.51% | 8.93% | 4.66% | 4.55% | 4.25% | 3.92% | 0.00% | |
| Fast Moving Consumer Goods1 company | 2.73% | 2.59% | 7.08% | 7.16% | 7.02% | 8.82% | 11.12% | 11.10% | 9.09% | 9.33% | 14.21% | 11.82% | |
| Information Technology1 company | 2.06% | 2.67% | 2.35% | 2.21% | 2.06% | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Capital Goods | 0.00% | 0.00% | 1.59% | 1.51% | 0.00% | 0.00% | 2.69% | 5.66% | 5.59% | 5.89% | 5.21% | 5.41% | |
| Automobile And Auto Components | 0.00% | 0.00% | 0.00% | 4.13% | 4.46% | 7.65% | 7.43% | 8.70% | 9.12% | 9.28% | 7.48% | 4.12% | |
| Consumer Services | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Consumer Durables | 0.00% | 3.90% | 4.36% | 4.51% | 4.31% | 4.24% | 4.38% | 6.84% | 6.65% | 6.28% | 5.92% | 5.55% | |
| Telecommunication | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.21% | 2.46% | 2.29% | 2.49% | 2.41% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Mar 2025 to Feb 2026; the line runs from Feb 2025.
Bought and sold
Feb 2026 against Jan 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 515.68% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 14
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 16.76%
Changes in Feb 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Shriram Finance | Sold out | – | 3.91% | −3.91 pts | −25,000 |
| Berger Paints (I) | Sold out | – | 3.90% | −3.90 pts | −55,000 |
| Tata Steel | Sold out | – | 2.96% | −2.96 pts | −1,00,000 |
| Aavas Financiers | Sold out | – | 2.46% | −2.46 pts | −11,000 |
| JSW Cement | Sold out | – | 2.45% | −2.45 pts | −1,40,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Mar 25 | Apr 25 | May 25 | Jun 25 | Jul 25 | Aug 25 | Sep 25 | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Reliance Industries | 7.14% | 7.71% | 7.64% | 7.91% | 7.62% | 7.79% | 7.83% | 8.25% | 8.74% | 8.90% | 8.21% | 8.10% |
 HDFC Bank | 7.47% | 7.71% | 7.63% | 7.70% | 8.08% | 6.26%Cut | 6.26% | 6.28% | 6.45% | 6.44% | 6.27% | 5.92% |
 Axis Bank | 4.34% | 4.58% | 4.51% | 4.45% | 4.12% | 4.22% | 4.57% | 4.82% | 5.02% | 5.06% | 5.67% | 5.66% |
 Aster DM Quality Care | 3.88% | 3.97% | 4.31% | 4.50% | 4.76% | 4.94% | 5.16% | 5.40% | 5.32% | 5.01% | 4.66% | 5.46% |
 Larsen & Toubro | – | – | 4.12%Bought again | 4.03% | 4.16% | 4.31% | 4.38% | 4.67% | 4.73% | 4.83% | 4.82% | 5.19% |
 State Bank of India | 3.15% | 3.16% | 3.19% | 3.15% | 3.19% | 3.36% | 3.66% | 3.80% | 3.99% | 4.06% | 4.62% | 5.10% |
 ICICI Bank | 7.03% | 7.29% | 7.23% | 7.09% | 7.56% | 6.42%Cut | 6.19% | 5.98% | 6.20% | 4.70%Cut | 4.92% | 4.95% |
 Kotak Mahindra Bank | 3.64% | 3.63% | 3.34% | 3.42% | 3.25% | 3.37% | 3.43% | 3.50% | 3.55% | 3.74% | 3.60% | 3.62% |
 Bank of Baroda | – | – | – | – | – | – | 2.71%Bought again | 2.82% | 2.95% | 3.06% | 3.21% | 3.41% |
 Bajaj Finserv | – | 2.93%Bought | 2.97% | 2.96% | 2.92% | 3.01% | 3.15% | 3.17% | 3.20% | 3.16% | 3.14% | 3.17% |
 Vedanta | – | – | – | – | – | – | – | – | – | 2.41%Bought | 2.82% | 2.94% |
 Colgate Palmolive (India) | – | 2.96%Bought again | 2.75% | 2.64% | 2.57% | 2.79% | 2.66% | 2.60% | 2.52% | 2.45% | 2.59% | 2.73% |
 Tech Mahindra | – | – | – | – | – | – | 2.10%Bought again | 2.06% | 2.21% | 2.35% | 2.67% | 2.06% |
 SBI Life Insurance Company | – | – | – | – | – | – | – | – | – | 1.80%Bought | 1.84% | 1.85% |
 Aavas Financiers | – | – | – | – | – | – | 2.69%Bought | 2.63% | 2.47% | 2.38% | 2.46% | Sold out |
Per cent of the fund's net assets at each month end, Mar 2025 to Feb 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Navi ELSS Tax Saver Nifty 50 Index FundNavi Mutual Fund | 36.33% | 10 |
| Franklin India ELSS Tax Saver FundFranklin Templeton Mutual Fund | 32.94% | 7 |
| HDFC ELSS - Tax Saver FundHDFC Mutual Fund | 32.30% | 9 |
| Bajaj Finserv ELSS - Tax Saver FundBajaj Finserv Mutual Fund | 31.97% | 8 |
| Sundaram ELSS Tax Saver FundSundaram Mutual Fund | 31.44% | 8 |
| Bandhan ELSS - Tax Saver FundBandhan Mutual Fund | 31.10% | 9 |
| UTI - Master Equity Plan Unit SchemeUTI Mutual Fund | 31.08% | 9 |
| ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund | 30.77% | 8 |
| Groww ELSS Tax Saver FundGroww Mutual Fund | 29.37% | 8 |
| SBI Long Term Advantage Fund - Series IVSBI Mutual Fund | 29.37% | 8 |
Portfolios for Feb 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Jan 202652 months | Very High | Very HighBSE 500 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Fund details
Objective
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. However, there can be no assurance that the investment objective of the Scheme will be realized.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- BSE 500 TRI
- New fund offer
- 31 Dec 2015 to 30 Mar 2016
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹500
Plans and codes
| Plan | AMFI code | ISIN | First NAV |
|---|---|---|---|
| Direct Growth | 136007 | INF200KA1HN8 | 7 Apr 2016 |
| Regular Growth | 136004 | INF200KA1HL2 | 7 Apr 2016 |
| Direct IDCW | 136006 | INF200KA1HO6 | 7 Apr 2016 |
| Regular IDCW | 136005 | INF200KA1HM0 | 7 Apr 2016 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- All SBIMF Schemes Factsheet September 2026 (opens in a new tab)SBI Mutual Fund, Sep 2026
Statement of additional information
- SAI SBI Mutual Fund (opens in a new tab)SBI Mutual Fund, Sep 2026
Annual report
- Scheme Annual Report 2025-26 (annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI GILT FUND (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI FIXED MATURITY PLAN (FMP)- SERIES 60 (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
- SBI LONG TERM ADVANTAGE FUND - SERIES III (abridged annual report 2025-26) (opens in a new tab)SBI Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure On Changes In Riskometer Levels 2025-26 (opens in a new tab)SBI Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Disclosure - September 2026 (opens in a new tab)SBI Mutual Fund, Sep 2026