SBI Technology Opportunities Fund Direct Growth
About the Fund
SBI Technology Opportunities Fund focuses on companies that have strong growth potential in areas like information technology, software, and e-commerce or any company that functions primarily in the technology sector.The fund offers investors an opportunity to diversify their portfolio and gain exposure to the high-growth potential of the technology sector by investing in a host of companies like Infosys, Wipro, TCS, Tech Mahindra to name a few.This fund is suitable for investors who only want a special exposure towards technology shares.
Key Parameters
- SBI Technology Opportunities Fund Direct Growth has ₹3814 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Technology Opportunities Fund Direct Growth has given a CAGR return of 22.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.17%, 16.40% and 27.16% respectively.
Holdings
SBI Technology Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Industrial, Consumer Cyclical, Financial Services, Health. Its top holdings are Infosys Ltd, Bharti Airtel Ltd, Tata Consultancy Services Ltd, Tech Mahindra Ltd, Coforge Ltd
Taxation
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of SBI Technology Opportunities Fund Direct Growth
To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in technology and technology related companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Technology Opportunities Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.84% |
Benchmark | S&P BSE IT |
| AUM | ₹3814 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 51.02% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 Tech Mahindra Ltd | 6.5% |
TBO Tek Ltd | 2.3% |
Mutual Fund Insights
SBI Technology Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹3814 Cr
Expense Ratio 0.84%
Frequently Asked Questions
SBI Technology Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 10.49% | 10.49% |
6 Month Returns | 12.49% | 12.49% |
1 Year Returns | 37.17% | 37.17% |
3 Years Returns | 57.72% | 16.4% |
5 Years Returns | 232.53% | 27.16% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Technology Opportunities Fund Direct Growth | -0.29 | 4.35 | 5.48 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Technology Opportunities Fund Direct Growth | 0.97 | 0.89 | 0.92 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Technology Opportunities Fund Direct Growth | 1.33 | 0.59 | 1.01 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Technology Opportunities Fund Direct Growth | 14.95 | 17.14 | 18.83 |