SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl
Equity
Direct
Sector - Technology
NAV: ₹ 137.2 as on 22-04-2024
Fund Performance
55 people have invested ₹ 2.4L in SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl in the last three months
About the SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl 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
- SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl has ₹3668 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl Overview
 | 0.85% |
 Benchmark | S&P BSE IT |
 | ₹3668 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 51.02% |
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
69.4%
Mid cap
15.8%
Small cap
13.2%
Sector Allocation
Tech
70.8%
Communication
22.8%
Industrial
3.6%
Consumer Cyclical
2.8%
Top Holdings of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl as on (31-Mar-24)
Equity Holdings21
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -4.48% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 4.02% in Mar'24
AUM Change
- AUM of the fund stands at 3.7K Cr as of Mar'24
- AUM decreased by 159.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 eMudhra Ltd | 20.8% |
 FSN E-Commerce Ventures Ltd | 19.2% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl Fund Manager
Mohit Jain
Fund Manager of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl, since 1 January 2022
Top funds managed
Saurabh Pant
Fund Manager of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl, since 1 January 2022
Top funds managed
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl 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 18.92% since inception which is less than its category average return of 27.24%
Fund Allocations
This fund has an allocation of 98.37% in Equity, 0% in Debt and 1.63% in Cash related instruments
AUM size ₹3668 Cr
This fund has AUM of ₹3668 Cr which is more than its category average of ₹ 3044 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% which is less than its category average expense ratio of 1.24%
Frequently Asked Questions
The current NAV of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl is ₹137.2 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -3.1% | -3.1% |
6 Month Returns | 10.16% | 10.16% |
1 Year Returns | 30.79% | 30.79% |
3 Years Returns | 63.09% | 17.71% |
5 Years Returns | 177.13% | 22.61% |
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.
0.85% as on March 2024
₹3668 Cr as on March 2024
Infosys Ltd(23.17%), Tata Consultancy Services Ltd(11.35%), Bharti Airtel Ltd(9.71%), Tech Mahindra Ltd(6.74%), HCL Technologies Ltd(5.85%) as on March 2024
Tech(69.66%), Communication(22.4%), Industrial(3.52%) as on March 2024
The alpha ratio for the SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl | 3.07 | 6.48 | 5.44 |
As on March 2024
The alpha for SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl 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 Reinvestment of Income Dist cum cap wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl | 0.88 | 0.9 | 0.91 |
As on March 2024
The Beta for SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl 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 Reinvestment of Income Dist cum cap wdrl 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 Reinvestment of Income Dist cum cap wdrl | 1.5 | 0.8 | 0.96 |
As on March 2024
The sharpe ratio for SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl 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 Reinvestment of Income Dist cum cap wdrl 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 Reinvestment of Income Dist cum cap wdrl | 12.58 | 17.11 | 18.47 |
As on March 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 1.29 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.05 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mohit Jain, Saurabh Pant are the fund managers of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl
The Exit load of SBI Technology Opportunities Fund Direct Reinvestment of Income Dist cum cap wdrl is 0.5%