SBI US Specific Equity Active FoF Fund Direct Growth

SBI US Specific Equity Active FoF Fund Direct Growth is an equity fund. This fund was started on 22 March, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. SBI US Specific Equity Active FoF Fund Direct Growth has ₹945 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.9.
   

SBI US Specific Equity Active FoF Fund Direct Growth has given a CAGR return of 14.59% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 10.88% and 18.38% respectively.

SBI US Specific Equity Active FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Communication, Industrial, Health, Consumer Cyclical, Consumer Defensive, Energy, Basic Materials. Its top holdings are Amundi Funds US Pioneer Fund -I15 USD CAP

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The scheme seeks to provide long term capital appreciation by investing in units of one or more mutual fund schemes / ETF, which are domiciled overseas and predominantly invest in US markets.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI US Specific Equity Active FoF Fund Direct Growth has no lock in period.