Equity
Direct
Equity - Other
NAV as on 04-09-2024
₹ 10.85
Inception Returns
8.6%
/yr
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.
SBI Automotive Opportunities Fund Direct Growth has given a CAGR return of 8.62% since inception.
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
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.
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 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.
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 |
as on (04-Sep-24)
as on (31-Jul-24)
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% |
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 | - | - | - |