SBI Technology Opportunities Fund Direct Growth
SBI Technology Opportunities Fund Direct Growth

SBI Technology Opportunities Fund Direct Growth

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Equity
Direct
Sector - Technology

NAV: ₹ 151.8 as on 24-03-2023

Fund Performance
zero opening, trading, fund transfer fee
4642 people have invested ₹ 2.7Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, SBI Technology Opportunities Fund Direct Growth has outperformed all funds in its category

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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

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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

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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

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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%

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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)

Return
1M
3M
6M
1Y
3Y
5Y
SBI Technology Opportunities Fund Direct Growth
-6%
-0.8%
8.3%
-10.6%
39.2%
21.1%
Nifty 500
-1.9%
-7.4%
-3%
-2.5%
26.8%
9.7%
sector - technology
-7.3%
-0.8%
4.7%
-19.9%
40.8%
20.5%

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

Expense ratio
Expense ratio
0.87%
Benchmark
Benchmark
S&P BSE IT
AUM
AUM
₹2880 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
23.69%

Fund Distribution as on (28-Feb-23)

  • Equity 87.9%

  • Debt & Cash 12.1%

Size breakup

Large cap
77%
Mid cap
7.3%
Small cap
3.6%

Sector Allocation

Feb'23

Jan'23

Dec'22

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

Equity Holdings14

SBI Technology Opportunities Fund Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-1.05%
3.76%
-3.92%
Nifty 500
-2.22%
-3.79%
-3.47%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 2.9K Cr
₹ 2.9K Cr
₹ 2.8K Cr
  • 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%
PVR Ltd's allocation increased from 0.69% to 2.71%
Netflix Inc's allocation increased from 4.13% to 4.71%
Netflix Inc's allocation increased from 4.13% to 4.71%
Persistent Systems Ltd's allocation increased from 2.82% to 3.26%
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 %
Infosys Ltd's allocation decreased from 28.61 % to 27.69 %
Tata Consultancy Services Ltd's allocation decreased from 13.07 % to 12.83 %
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 %
Bharti Airtel Ltd's allocation decreased from 10.29 % to 9.36 %
Large Cap allocation has gone up from 77.5% to 77.5%
Large Cap allocation has gone up from 77.5% to 77.5%
Cash allocation has gone up from 11.2% to 11.2%
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)

SBI Technology Opportunities Fund Direct Growth Fund Manager

Mohit Jain

Mohit Jain

Fund Manager of SBI Technology Opportunities Fund Direct Growth, since 1 January 2022
Saurabh Pant

Saurabh Pant

Fund Manager of SBI Technology Opportunities Fund Direct Growth, since 1 January 2022

Fund Highlights

Risk meter
pointer

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 20.42% since inception which is less than its category average return of 84.69%
Fund Allocations

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

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%

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%
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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%