A lot can change in 10 years. And we want you to make the most of it. All companies
need time to grow and realise their potential in the market. The goal is to invest in
companies with solid fundamentals and remain invested. So, as they grow, the
money you have invested in them grows. And if you save tax on your investments,
the benefit is just greater.
WEALTH CREATION & TAX SAVING
The SBI Long Term Advantage Fund – Series IV is a 10-year close-ended Equity
Linked Savings Scheme (ELSS), which helps you to not only save tax on investment
upto Rs. 1.5 lakhs, under Section 80C of the Income Tax Act 1961, but also helps you to
invest towards building wealth for the future. The mandate of this fund allows the fund
manager to invest in companies for a long-term horizon and remain invested.