SBI Healthcare Opportunities Fund Direct Growth

SBI Healthcare Opportunities Fund Direct Growth

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Equity
Direct
Sector - Healthcare
NAV: ₹ 391.9 as on 21-02-2024
Fund Performance
zero opening, trading, fund transfer fee
1592 people have invested ₹ 1.4Cr in SBI Healthcare Opportunities Fund Direct Growth in the last three months

Mutual Fund Insights

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Over the last 1 year, this fund has decreased expense ratio by 9.3% moving from 1.08 to 0.98.
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In the last 5 years, DSP Healthcare Fund Direct Growth has given 29.22% return, outperforming this fund by 2.86% per annum.
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In the last 1 year, Aditya Birla Sun Life Pharma & Healthcare Fund Direct Growth has given 65.19% return, outperforming this fund by 3.23%.
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In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 6 months, this fund has experienced a 23.3% growth in AUM moving from 1.97K Cr to 2.43K Cr.
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This fund has one of the lowest expense ratio in the category (sector - healthcare). Its expense ratio is 0.98% which is lower than the category average expense ratio of 1.44%.

INDmoney Rank of SBI Healthcare Opportunities Fund Direct Growth

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IND ranking is not available for this fund.

Pros

3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration

Cons

No bad points found for this fund.

About the SBI Healthcare Opportunities Fund Direct Growth

SBI Healthcare Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Tanmaya Desai. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Healthcare Opportunities Fund Direct Growth has ₹2431 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 1.

SBI Healthcare Opportunities Fund Direct Growth Overview

Expense ratio
Expense ratio
0.98%
Benchmark
Benchmark
S&P BSE Healthcare PR
AUM
AUM
₹2431 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
32%

SBI Healthcare Opportunities Fund Direct Growth Distribution as on (31-Jan-24)

  • Equity 97.4%

  • Debt & Cash 2.3%

Size breakup

Large cap
38.1%
Mid cap
37%
Small cap
22.4%
Sector Allocation

Jan'24

Dec'23

Nov'23

Health
94.8%
Basic Materials
5.2%

Top Holdings of SBI Healthcare Opportunities Fund Direct Growth as on (31-Jan-24)

  • Equity

Equity Holdings23

SBI Healthcare Opportunities Fund Direct Growth: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
5.95%
4.69%
9.20%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 5.95% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund outperformed Nifty 500 by 4.24% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 2.4K Cr
₹ 2.3K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.4K Cr as of Jan'24
  • AUM increased by 168.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in SBI Healthcare Opportunities Fund Direct Growth portfolio Returns for the month of Jan

SBI Healthcare Opportunities Fund Direct Growth Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Healthcare Opportunities Fund Direct Growth, since 30 November 2017
Tanmaya Desai
Tanmaya Desai
Fund Manager of SBI Healthcare Opportunities Fund Direct Growth, since 1 June 2011
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Healthcare Opportunities Fund Direct Growth
22.24%
19.81%

SBI Healthcare Opportunities Fund Direct Growth Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.32% since inception which is less than its category average return of 21.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.41% in Equity, 0% in Debt and 2.3% in Cash related instruments
AUM size ₹2431 Cr

AUM size ₹2431 Cr

This fund has AUM of ₹2431 Cr which is more than its category average of ₹ 1567 Cr
Expense Ratio 0.98%

Expense Ratio 0.98%

This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of SBI Healthcare Opportunities Fund Direct Growth is ₹391.88 as on 21-Feb-2024.
Existing (Absolute + CAGR) as on 21-Feb-2024.
SBI Healthcare Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.64%
8.64%
6 Month Returns
25.59%
25.59%
1 Year Returns
61.95%
61.95%
3 Years Returns
82.66%
22.24%
5 Years Returns
222.21%
26.37%
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0.98% as on January 2024
₹2431 Cr as on January 2024
Sun Pharmaceuticals Industries Ltd(14.58%), Cipla Ltd(7.78%), Max Healthcare Institute Ltd Ordinary Shares(6.42%), Aether Industries Ltd(5.09%), Divi's Laboratories Ltd(4.98%) as on January 2024
The alpha ratio for the SBI Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Healthcare Opportunities Fund Direct Growth
3.87
2.73
4.09
As on January 2024
The alpha for SBI Healthcare Opportunities Fund Direct Growth is calculated against S&P BSE Healthcare PR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Healthcare Opportunities Fund Direct Growth
0.85
0.88
0.88
As on January 2024
The Beta for SBI Healthcare Opportunities Fund Direct Growth is calculated with S&P BSE Healthcare PR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Healthcare Opportunities Fund Direct Growth
2.39
1
0.98
As on January 2024
The sharpe ratio for SBI Healthcare Opportunities Fund Direct Growth is calculated with S&P BSE Healthcare PR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Healthcare Opportunities Fund Direct Growth
14.61
14.57
18.08
As on January 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.75 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on January 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mohit Jain, Tanmaya Desai are the fund managers of SBI Healthcare Opportunities Fund Direct Growth
The Exit load of SBI Healthcare Opportunities Fund Direct Growth is 0.5%