SBI Innovative Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 03-03-2025
₹ 8.65
1D
Inception Returns
/yr
About SBI Innovative Opportunities Fund Direct Growth
SBI Innovative Opportunities Fund Direct Growth is an equity fund. This fund was started on 20 August, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Innovative Opportunities Fund Direct Growth has ₹7454 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
SBI Innovative Opportunities Fund Direct Growth has given a CAGR return of -13.47% since inception.
Holdings
SBI Innovative Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Communication, Tech, Financial Services, Industrial, Consumer Defensive, Government. Its top holdings are Route Mobile Ltd Ordinary Shares, Info Edge (India) Ltd, PB Fintech Ltd, Sun Pharmaceuticals Industries Ltd, Zinka Logistics Solutions 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Innovative Opportunities Fund Direct Growth
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Innovative Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
SBI Innovative Opportunities Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹7454 Cr |
| Inception Date | 20 August, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund 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 (03-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 7.5K Cr as of Jan'25
- AUM decreased by 443.6 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Consumer Cyclical, Health & Communication
Top Growth Drivers | 1M Return |
|---|---|
 Abbott India Ltd | 16.4% |
 Bajaj Finance Ltd | 0.7% |
SBI Innovative Opportunities Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹7454 Cr
Expense Ratio 0.6%
Frequently Asked Questions for SBI Innovative Opportunities Fund Direct Growth
SBI Innovative Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.99% | -7.99% |
6 Month Returns | -14.39% | -14.39% |
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 Innovative Opportunities Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Innovative Opportunities Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Innovative Opportunities Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Innovative Opportunities Fund Direct Growth | - | - | - |