Tax exemption on investing SBI dual advantage fund XVIBy / April 11, 2017 Q & A Forum › Category: Mutual Funds › Tax exemption on investing SBI dual advantage fund XVI 0 Vote Up Vote Down gopal ch patra asked 9 years ago Sir, I invested Rs1 lakh in above stated fund on 06.09.2016. Can I claim and get any benifit u/s80C of IT Act in the AY2017-2018 for such investment ? Thanking You, Yours faithfully, Gopal Ch. Patra 1 Answers 0 Vote Up Vote Down Sreekanth Staff answered 9 years ago Dear Gopal, SBI Dual advantage fund is a debt oriented hybrid fund and no tax benefits are available for investments made in this scheme. Please login or Register to submit your answer Username or Email Address Password Remember Me