SBI Technology Opportunities Fund Direct Growth
Equity
Direct
Sector - Technology
NAV: ₹ 151.8 as on 24-03-2023
Fund Performance
4642 people have invested ₹ 2.7Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, SBI Technology Opportunities Fund Direct Growth has outperformed all funds in its category
In the last 3 years, ICICI Prudential Technology Fund Direct Plan Growth has given 45.33% return, outperforming SBI Technology Opportunities Fund Direct Growth by 6.14% per annum
In the last 5 years, Tata Digital India Fund Direct Growth has given 22.31% return, outperforming SBI Technology Opportunities Fund Direct Growth by 1.25% per annum
Over the last 1 year, SBI Technology Opportunities Fund Direct Growth has decreased expense ratio by 4.4% moving from 0.91 to 0.87
SBI Technology Opportunities Fund Direct Growth has one of the lowest expense ratio in the category (sector - technology). Its expense ratio is 0.87% which is lower than the category average expense ratio of 1.33%
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
SBI Technology Opportunities Fund Direct Growth Performance as on (24-Mar-23)
About the Fund
SBI Technology Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Saurabh Pant. The fund could potentially beat inflation in the long-run.
Key parameters
1) SBI Technology Opportunities Fund Direct Growth has a NAV of ₹151.8305 as on 24-03-2023.
2) SBI Technology Opportunities Fund Direct Growth has ₹2880 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.87 %.
SBI Technology Opportunities Fund Direct Growth Overview
 | 0.87% |
 Benchmark | S&P BSE IT |
 | ₹2880 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 23.69% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
77%
Mid cap
7.3%
Small cap
3.6%
Sector Allocation
Tech
76.2%
Communication
19.2%
Industrial
2.4%
Consumer Cyclical
1.9%
Health
0.1%
Consumer Defensive
0.1%
Utilities
0%
Financial Services
0%
Energy
0%
Real Estate
0%
Top Holdings of SBI Technology Opportunities Fund Direct Growth as on (28-Feb-23)
Equity Holdings14
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Infosys Ltd | 27.03% | 0% | |
 Tata Consultancy Services Ltd | 14.82% | 0% | |
 Bharti Airtel Ltd | 9.08% | 0% | |
 HCL Technologies Ltd | 6.4% | 0% | |
 Tech Mahindra Ltd | 4.92% | 0% |
See all
SBI Technology Opportunities Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.05% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund outperformed Nifty 500 by 1.16% in Feb'23
AUM Change
- AUM of the fund stands at 2.9K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
PVR Ltd's allocation increased from 0.69% to 2.71%
Netflix Inc's allocation increased from 4.13% to 4.71%
Persistent Systems Ltd's allocation increased from 2.82% to 3.26%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 28.61 % to 27.69 %
Tata Consultancy Services Ltd's allocation decreased from 13.07 % to 12.83 %
Bharti Airtel Ltd's allocation decreased from 10.29 % to 9.36 %
Large Cap allocation has gone up from 77.5% to 77.5%
Cash allocation has gone up from 11.2% to 11.2%
Top 3 Sectors in February were Tech, Communication & Industrial
Feb'23
Tech
76%
Communication
19%
Industrial
2%
Jan'23
Tech
76%
Communication
19%
Industrial
2%
Gainers & Losers in SBI Technology Opportunities Fund Direct Growth portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 Delhivery Ltd | 13.3% |
 Tech Mahindra Ltd | 7.5% |
 Persistent Systems Ltd | 2.3% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -4.1% |
 Bharti Airtel Ltd | -3.5% |
 Tata Consultancy Services Ltd | -2.8% |
Peer Analysis
SBI Technology Opportunities Fund Direct Growth Fund Manager
Mohit Jain
Fund Manager of SBI Technology Opportunities Fund Direct Growth, since 1 January 2022
Top funds managed
Saurabh Pant
Fund Manager of SBI Technology Opportunities Fund Direct Growth, since 1 January 2022
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 20.42% since inception which is less than its category average return of 84.69%
Fund Allocations
This fund has an allocation of 87.93% in Equity, 0% in Debt and 12.07% in Cash related instruments
AUM size ₹2880 Cr
This fund has AUM of ₹2880 Cr which is less than its category average of ₹ 3639 Cr
Expense Ratio 0.87%
This fund has an expense ratio of 0.87% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of SBI Technology Opportunities Fund Direct Growth is 152.73 as on 21-Mar-2023.
Existing (Absolute + CAGR)
SBI Technology Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7% | -7% |
6 Month Returns | 7.86% | 7.86% |
1 Year Returns | -7.98% | -7.98% |
3 Years Returns | 159.31% | 37.39% |
5 Years Returns | 161.48% | 21.2% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.87 as on February 2023
2880 Cr as on February 2023
Infosys Ltd(27.69%),Tata Consultancy Services Ltd(12.83%),Bharti Airtel Ltd(9.36%),HCL Technologies Ltd(6.62%),Netflix Inc(4.71%) as on February 2023
Tech(67.65%),Communication(17.05%),Cash Equivalent(11.21%) as on February 2023
The alpha ratio for the SBI Technology Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Technology Opportunities Fund Direct Growth | 6.67 | 7.4 | 5 |
As on February 2023
The alpha for SBI Technology Opportunities Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Technology Opportunities Fund Direct Growth | 0.92 | 0.92 | 0.91 |
As on February 2023
The Beta for SBI Technology Opportunities Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Opportunities Fund Direct Growth | -0.24 | 1.14 | 0.87 |
As on February 2023
The sharpe ratio for SBI Technology Opportunities Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Opportunities Fund Direct Growth | 19.38 | 22.01 | 18.57 |
As on February 2023
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 1.89 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.1 as on February 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Saurabh Pant,Mohit Jain are the fund managers of SBI Technology Opportunities Fund Direct Growth
The Exit load of SBI Technology Opportunities Fund Direct Growth is 0.5%