SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: NAV, Returns and Maturity Status Compared

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout comes down to one key fact before any number matters: only one of these two schemes is still active today. SBI Long Term Advantage Fund – Series VI continues to publish a daily NAV, which stands at Rs 32.0297 per the latest AMFI data, while the other fund matured in 2025 and paid out its investors at a final NAV of Rs 25.1838.

That difference shapes what SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout means for you. If you hold units in either scheme, the lock in period has ended, so the choice is between redeeming now, holding until maturity, or reallocating toward an open ended ELSS fund that accepts fresh money and runs a SIP.

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SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: Quick Comparison Table

The table below sets out SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout on structure, NAV and verified returns computed from official AMFI NAV history.

Parameter	SBI Long Term Advantage Fund – Series VI	Sundaram Long Term Tax Advantage Fund Series I Direct Plan – Payout of Income Distribution cum Capital Withdrawal (IDCW)
Fund house	SBI Mutual Fund	Sundaram Mutual Fund
Category	Close ended ELSS	Close ended ELSS
Units allotted	2018	2015
Current status	Live, matures around 2028	Matured in 2025
Latest / final NAV	Rs 32.0297	Rs 25.1838
CAGR since launch	15.64% per year	9.41% per year
Total return since launch	About 219.2%	About 145.4%
Lock in	3 years (already over)	3 years (already over)
Fresh investment allowed	No, NFO only scheme	No, NFO only scheme

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: NAV and Live Performance

The SBI Long Term Advantage Fund – Series VI side of SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout has compounded investor money at 15.64 percent per year since units were allotted in 2018, a total gain of about 219.2 percent to date. Based on AMFI NAV history, it has also delivered a 3 year CAGR of 11.84 percent and a 5 year CAGR of 14.02 percent.

The comparison fund in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout, Sundaram Long Term Tax Advantage Fund Series I Direct Plan – Payout of Income Distribution cum Capital Withdrawal (IDCW), has compounded at 9.41 percent per year since 2015, a total return of about 145.4 percent locked in at its final NAV.

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SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: Maturity and Investment Status

Structurally, SBI Long Term Advantage Fund – Series VI is a close ended ELSS. It accepted money only during its 2018 new fund offer, gave investors Section 80C tax benefits, and imposed a three year lock in. Since that lock in ended, unitholders have been free to redeem on any business day at NAV, and any units still outstanding will be compulsorily redeemed around 2028 at maturity.

The comparison fund in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout followed the same structure. It has already completed its full life cycle, with outstanding units compulsorily redeemed at the prevailing NAV of Rs 25.1838 in 2025.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: Which Fund Performed Better

On pure lifetime CAGR, SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout tilts toward SBI Long Term Advantage Fund – Series VI, which has compounded at 15.64 percent per year versus 9.41 percent per year for the other scheme. Entry and exit timing plays a real role here since ELSS NFOs launched in different market cycles naturally show different lifetime returns.

Total wealth created can tell a different story than annualised CAGR in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout. A scheme that has stayed invested longer compounds a larger absolute gain even at a lower annual rate, while a matured scheme locks in its return the moment it closes and forces the investor to find a new home for that money, which carries its own reinvestment risk.

The honest verdict from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is that both schemes broadly did their job as Section 80C tax savers. Each one delivered a healthy multi year return well ahead of inflation. The bigger lesson from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout sits in the close ended structure itself, not in which fund edged ahead.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout: Key Takeaways for Tax Saving Investors

Close ended ELSS schemes, as SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout shows, are largely a discontinued category today. You cannot add money after the NFO, you cannot run a SIP, and your exit at maturity may or may not land in a favourable market. Open ended ELSS funds solve all three problems while offering the same Section 80C benefit and the same three year lock in per instalment.

If you still hold either fund from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout, review it the way you would any equity fund. The lock in is over on both sides, so the choice between redeeming now and holding until maturity should rest on your goals, your tax situation on gains, and whether the money has a better destination. A SEBI registered investment adviser can help you weigh that call against your full portfolio.

Many investors researching SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.

For a reader evaluating SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.

Anyone tracking SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.

The comparison in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.

Reviewing SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.

Many investors researching SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout also want to know how the lock in and tax treatment compare before deciding where to hold their money.

For a reader evaluating SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout, the NAV figures above are the fastest way to see which scheme has compounded faster to date.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is a useful reference point whenever either scheme comes up in a broader ELSS portfolio review.

Anyone tracking SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout should note that neither scheme is open for new lump sum or SIP investment today.

The comparison in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is most useful for existing unitholders deciding whether to redeem, hold, or reinvest elsewhere.

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout also matters for investors comparing Section 80C options across different fund houses before their next tax filing.

Reviewing SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout periodically helps existing unitholders track how each scheme is progressing relative to its own history.

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Conclusion

SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout ultimately does not favour one fund by a wide margin. SBI Long Term Advantage Fund – Series VI shows a verified CAGR of 15.64 percent since 2018, while the comparison fund has compounded at 9.41 percent since 2015. Neither side of SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout accepts fresh money today, so for new tax saving investment in FY 2026-27, an open ended ELSS with a consistent track record is the practical route. Historically, disciplined ELSS investing has rewarded patience, but always consult a SEBI registered adviser before acting.

FAQs on SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout

In SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout, which fund performed better?

Ans. On lifetime CAGR, SBI Long Term Advantage Fund – Series VI finished ahead at about 15.64 percent per year, versus 9.41 percent per year for the other scheme in this comparison. Total wealth created can still favour the scheme that has stayed invested longer, even at a lower annual rate.

What is the latest NAV of SBI Long Term Advantage Fund – Series VI in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout?

Ans. The latest NAV of SBI Long Term Advantage Fund – Series VI is Rs 32.0297, per official AMFI data, declared on the most recent NAV date.

Is the comparison fund in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout still active?

Ans. No, it has already matured. Its final declared NAV was Rs 25.1838, declared in 2025, after which the scheme stopped publishing NAVs and proceeds were paid out to unitholders.

Can I invest in either fund from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout today?

Ans. No fresh investment is possible in either scheme covered in SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout. Both are close ended ELSS schemes that accepted subscriptions only during their respective new fund offers, and neither is accepting or holding new investor money now.

What type of fund is SBI Long Term Advantage Fund – Series VI?

Ans. SBI Long Term Advantage Fund – Series VI is a close ended equity linked savings scheme, or ELSS, from SBI Mutual Fund. Investments made during its NFO qualified for Section 80C tax deduction and carried a three year lock in period.

What returns has SBI Long Term Advantage Fund – Series VI delivered?

Ans. SBI Long Term Advantage Fund – Series VI has compounded at roughly 15.64 percent per year since its 2018 launch, a total gain of about 219.2 percent, with a 3 year CAGR of 11.84 percent per the latest AMFI NAV history.

What happened to investors in the SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout comparison at maturity?

Ans. At maturity, outstanding units were compulsorily redeemed at the prevailing NAV and the proceeds were paid to unitholders. This is the standard process for every close ended ELSS scheme once its tenure ends.

What is the key takeaway from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout?

Ans. The key takeaway from SBI Long Term Advantage Fund – Series VI vs Sundaram Series I Direct IDCW Payout is that close ended ELSS schemes cannot take fresh money after their NFO, so investors comparing them today should treat this as a reference case rather than a live investment choice. An open ended ELSS fund with a consistent long term record is the practical route for new tax saving investment.