SBI Automotive Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 10.85
Inception Returns
8.6%
/yr
About the Fund
SBI Automotive Opportunities Fund Direct Growth is an equity fund. This fund was started on 5 June, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Automotive Opportunities Fund Direct Growth has ₹6596 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
SBI Automotive Opportunities Fund Direct Growth has given a CAGR return of 8.62% since inception.
Holdings
SBI Automotive Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial. Its top holdings are Mahindra & Mahindra Ltd, Tata Motors Ltd, Maruti Suzuki India Ltd, TVS Motor Co Ltd, Bajaj Auto Ltd
Taxation
As it is a equity - other 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 Automotive Opportunities Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested in equity and equity related instruments of companies engaged in automotive & allied business activities theme. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Automotive Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.53% |
Benchmark | NIFTY Auto TR INR |
| AUM | ₹6596 Cr |
| Inception Date | 5 June, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Auto Ltd | 17.3% |
 Craftsman Automation Ltd | 13.4% |
 TVS Motor Company Ltd | 11.9% |
SBI Automotive Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.53%
Frequently Asked Questions
SBI Automotive Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.39% | 2.39% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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 Automotive Opportunities Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Automotive Opportunities Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Automotive Opportunities Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Automotive Opportunities Fund Direct Growth | - | - | - |