SBI Healthcare Opportunities Fund Direct Growth
Equity
Direct
Sector - Healthcare
NAV as on 19-11-2024
₹ 468.66
▲0.8%
1D
Inception Returns
18.9%
/yr
About SBI Healthcare Opportunities Fund Direct Growth
SBI Healthcare Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Mohit Jain, Tanmaya Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Healthcare Opportunities Fund Direct Growth has ₹3416 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
SBI Healthcare Opportunities Fund Direct Growth has given a CAGR return of 18.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.15%, 24.27% and 30.04% respectively.
Holdings
SBI Healthcare Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Max Healthcare Institute Ltd Ordinary Shares, Divi's Laboratories Ltd, Poly Medicure Ltd, Lupin Ltd
Taxation
As it is a sector - healthcare 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 Healthcare Opportunities Fund Direct Growth
To provide the investors with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Healthcare space.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Healthcare Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
2803 people have invested ₹ 2.2Cr in SBI Healthcare Opportunities Fund Direct Growth in the last three months
INDmoney Rank for SBI Healthcare Opportunities Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
SBI Healthcare Opportunities Fund Direct Growth Overview
| Expense ratio | 0.89% |
Benchmark | S&P BSE Healthcare PR |
| AUM | ₹3416 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 43.14% |
| 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Small cap
34.3%
Large cap
30.1%
Mid cap
24.8%
Sector Allocation
Health
93.2%
Basic Materials
6.8%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at 1.11% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 7.62% in Oct'24
- AUM of the fund stands at 3.4K Cr as of Oct'24
- AUM increased by 70 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Poly Medicure Ltd's allocation increased from 4.43% to 5.38%
Rainbow Childrens Medicare Ltd's allocation increased from 2.52% to 3.31%
Max Healthcare Institute Ltd Ordinary Shares's allocation increased from 5.89% to 6.26%
Top Stocks sold last month
Lupin Ltd's allocation decreased from 5.24 % to 5.12 %
Lonza Group Ltd ADR's allocation decreased from 4.75 % to 4.55 %
Cipla Ltd's allocation decreased from 4.94 % to 4.54 %
Small Cap allocation has gone up from 33.2% to 34.3%
Mid Cap allocation has gone down from 25.2% to 24.8%
Large Cap allocation has gone up from 29.9% to 30.1%
Cash allocation has gone down from 3.8% to 3.3%
Top 2 Sectors in October were Health, Basic Materials
Oct'24
Health
93%
Basic Materials
7%
Sep'24
Health
93%
Basic Materials
7%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Ami Organics Ltd | 28.6% |
 Poly Medicure Ltd | 6.4% |
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Mohit Jain
Fund Manager of SBI Healthcare Opportunities Fund Direct Growth, since 30 November 2017
Top funds managed
Tanmaya Desai
Fund Manager of SBI Healthcare Opportunities Fund Direct Growth, since 1 June 2011
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 5 years, DSP Healthcare Fund Direct Growth has given 32.68% return, outperforming this fund by 2.64% per annum.
In the last 1 year, HDFC Pharma and Healthcare Fund Direct Growth has given 52.89% return, outperforming this fund by 7.74%.
This fund has one of the lowest expense ratio in the category (sector - healthcare). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.39%.
Over the last 15 months, this fund has decreased expense ratio by 15.2% moving from 1.05 to 0.89.
In the last 3 years, ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth has given 24.29% return, outperforming this fund by 0.02% per annum.
Over the last 6 months, this fund has experienced a 28.1% growth in AUM moving from 2.66K Cr to 3.41K Cr.
SBI Healthcare Opportunities Fund Direct Growth 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 18.85% since inception which is less than its category average return of 24.96%
Fund Allocations
This fund has an allocation of 96.74% in Equity, 0% in Debt and 3.26% in Cash related instruments
AUM size ₹3416 Cr
This fund has AUM of ₹3416 Cr which is more than its category average of ₹ 2001 Cr
Expense Ratio 0.89%
This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions for SBI Healthcare Opportunities Fund Direct Growth
The current NAV of SBI Healthcare Opportunities Fund Direct Growth is ₹468.66 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
SBI Healthcare Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.05% | -2.05% |
6 Month Returns | 19.2% | 19.2% |
1 Year Returns | 45.15% | 45.15% |
3 Years Returns | 91.92% | 24.27% |
5 Years Returns | 271.82% | 30.04% |
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.
0.89% as on October 2024
₹3416 Cr as on October 2024
Sun Pharmaceuticals Industries Ltd(12.99%), Max Healthcare Institute Ltd Ordinary Shares(6.26%), Divi's Laboratories Ltd(6.21%), Poly Medicure Ltd(5.38%), Lupin Ltd(5.12%) as on October 2024
The alpha ratio for the SBI Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Healthcare Opportunities Fund Direct Growth | 7.37 | 5.02 | 4.91 |
As on October 2024
The alpha for SBI Healthcare Opportunities Fund Direct Growth is calculated against S&P BSE Healthcare PR. 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 Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Healthcare Opportunities Fund Direct Growth | 0.78 | 0.87 | 0.86 |
As on October 2024
The Beta for SBI Healthcare Opportunities Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Healthcare Opportunities Fund Direct Growth | 3.54 | 1.26 | 1.35 |
As on October 2024
The sharpe ratio for SBI Healthcare Opportunities Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Opportunities Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Healthcare Opportunities Fund Direct Growth | 11.62 | 14.29 | 17.42 |
As on October 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 2.27 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.02 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mohit Jain, Tanmaya Desai are the fund managers of SBI Healthcare Opportunities Fund Direct Growth
The Exit load of SBI Healthcare Opportunities Fund Direct Growth is 0.5%