SBI Technology Opportunities Fund Direct Growth

SBI Technology Opportunities Fund Direct Growth

Equity

Direct

Sector - Technology

NAV as on 19-12-2024

₹ 261.36

▼-0.3%

1D

Inception Returns

22.7%

/yr

About SBI Technology Opportunities Fund Direct Growth

SBI Technology Opportunities Fund focuses on companies that have strong growth potential in areas like information technology, software, and e-commerce or any company that functions primarily in the technology sector.

The fund offers investors an opportunity to diversify their portfolio and gain exposure to the high-growth potential of the technology sector by investing in a host of companies like Infosys, Wipro, TCS, Tech Mahindra to name a few.

This fund is suitable for investors who only want a special exposure towards technology shares.

Key Parameters

  1. SBI Technology Opportunities Fund Direct Growth has ₹4586 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

SBI Technology Opportunities Fund Direct Growth has given a CAGR return of 22.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.70%, 14.84% and 29.31% respectively.

Holdings

SBI Technology Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Industrial, Consumer Defensive, Health. Its top holdings are Infosys Ltd, Bharti Airtel Ltd, Firstsource Solutions Ltd, Coforge Ltd, Tata Consultancy Services Ltd

Taxation

As it is a sector - technology 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Technology Opportunities Fund Direct Growth

To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in technology and technology related companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Technology Opportunities Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
6256 people have invested ₹ 5.3Cr in SBI Technology Opportunities Fund Direct Growth in the last three months

INDmoney Rank for SBI Technology Opportunities Fund Direct Growth

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category

SBI Technology Opportunities Fund Direct Growth Overview

Expense ratio0.83%
Benchmark
S&P BSE IT
AUM₹4586 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
14.51%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (19-Dec-24)

Period
SBI Technology Opportunities Fund Direct Growth
Nifty 500
sector - technology
1M
8.8%
3.4%
8.4%
3M
6.4%
-4.6%
6.8%
6M
27.3%
2.4%
27.2%
1Y
34.7%
18.7%
31.1%
3Y
14.8%
15.7%
9.6%
5Y
29.3%
18.1%
30.7%

Fund Distribution

as on (30-Nov-24)

  • Equity 98.4%

  • Debt & Cash 1.7%

Large cap
46.2%
Small cap
19.4%
Mid cap
16%
Sector Allocation

Nov'24

Oct'24

Sep'24

Tech
60.4%
Communication
25.6%
Consumer Cyclical
6.9%
Financial Services
3%
Industrial
2.2%
Consumer Defensive
1.2%
Health
0.7%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
5.59%
-3.49%
0.36%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at 5.59% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund outperformed Nifty 500 by 6.18% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 4.6K Cr
₹ 4.3K Cr
₹ 4.4K Cr
  • AUM of the fund stands at 4.6K Cr as of Nov'24
  • AUM increased by 281.2 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Zomato Ltd's allocation increased from 2.81% to 4.02%
Zomato Ltd's allocation increased from 2.81% to 4.02%
Coforge Ltd's allocation increased from 5.39% to 5.77%
Coforge Ltd's allocation increased from 5.39% to 5.77%
Netflix Inc's allocation increased from 2.95% to 3.27%
Netflix Inc's allocation increased from 2.95% to 3.27%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 24.49 % to 24.31 %
Infosys Ltd's allocation decreased from 24.49 % to 24.31 %
Bharti Airtel Ltd's allocation decreased from 10.86 % to 10.29 %
Bharti Airtel Ltd's allocation decreased from 10.86 % to 10.29 %
Tata Consultancy Services Ltd's allocation decreased from 6.45 % to 4.66 %
Tata Consultancy Services Ltd's allocation decreased from 6.45 % to 4.66 %
Small Cap allocation has gone down from 20.3% to 19.4%
Small Cap allocation has gone down from 20.3% to 19.4%
Mid Cap allocation has gone up from 15.8% to 16%
Mid Cap allocation has gone up from 15.8% to 16%
Large Cap allocation has gone down from 47.6% to 46.2%
Large Cap allocation has gone down from 47.6% to 46.2%
Cash allocation has gone down from 2.7% to 1.6%
Cash allocation has gone down from 2.7% to 1.6%

Top 3 Sectors in November were Tech, Communication & Consumer Cyclical

Nov'24
Tech
60%
Communication
26%
Consumer Cyclical
7%
Oct'24
Tech
61%
Communication
26%
Consumer Cyclical
6%

  • Equity

Holdings
Weight%
1M Change
Infosys Ltd
Infosys Ltd
24.31%
0%
Bharti Airtel Ltd
Bharti Airtel Ltd
10.29%
0%
Firstsource Solutions Ltd
Firstsource Solutions Ltd
6.11%
0%
Coforge Ltd
Coforge Ltd
5.77%
0%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.66%
-28.6%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Technology Opportunities Fund Direct Growth
SBI Technology Opportunities Fund Direct Growth
34.7%
14.84%
29.31%
22.65%
Tata Digital India Fund Direct Growth
Tata Digital India Fund Direct Growth
37.42%
14.66%
31.7%
23.11%
Franklin India Technology Fund Direct Growth
Franklin India Technology Fund Direct Growth
32.32%
17.9%
28.57%
21.19%
ICICI Prudential Technology Fund Direct Plan Growth
ICICI Prudential Technology Fund Direct Plan Growth
31.31%
11.01%
31.67%
23.55%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Coforge Ltd
Coforge Ltd
16.7%
Infosys Ltd
Infosys Ltd
8.5%
Zomato Ltd
Zomato Ltd
7.6%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
34
30
29
Top 5 Company Concentration
51.1%
53.2%
53.5%
Company having highest exposure
Infosys Ltd (24.3%)
Infosys Ltd (24.5%)
Infosys Ltd (25.4%)
No of Sectors
7
7
7
Top 5 Sectors Concentration
98.1%
98.2%
98%
Sector having highest exposure
Tech (60.4%)
Tech (60.7%)
Tech (60.1%)
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Fund House
SBI Funds Management Ltd
Total Schemes
67
See all SBI schemes
Total AUM
₹7.65L Cr
as on 29-Nov-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

Insights icon
In the last 5 years, Tata Digital India Fund Direct Growth has given 31.7% return, outperforming this fund by 2.39% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (sector - technology). Its expense ratio is 0.83% which is lower than the category average expense ratio of 1.25%.
Insights icon
In the last 1 year, HDFC Technology Fund Direct Growth has given 38.06% return, outperforming this fund by 3.35%.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 5.7% moving from 0.88 to 0.83.
Insights icon
In the last 3 years, Franklin India Technology Fund Direct Growth has given 17.9% return, outperforming this fund by 3.06% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 31.1% growth in AUM moving from 3.49K Cr to 4.58K Cr.

SBI Technology Opportunities Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.65% since inception which is less than its category average return of 26.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.35% in Equity, 0% in Debt and 1.65% in Cash related instruments
AUM size ₹4586 Cr

AUM size ₹4586 Cr

This fund has AUM of ₹4586 Cr which is more than its category average of ₹ 3040 Cr
Expense Ratio 0.83%

Expense Ratio 0.83%

This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.26%

Frequently Asked Questions for SBI Technology Opportunities Fund Direct Growth

The current NAV of SBI Technology Opportunities Fund Direct Growth is ₹261.36 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
SBI Technology Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.84%
8.84%
6 Month Returns
27.29%
27.29%
1 Year Returns
34.7%
34.7%
3 Years Returns
51.46%
14.84%
5 Years Returns
261.52%
29.31%
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0.83% as on November 2024
₹4586 Cr as on November 2024
Infosys Ltd(24.31%), Bharti Airtel Ltd(10.29%), Firstsource Solutions Ltd(6.11%), Coforge Ltd(5.77%), Tata Consultancy Services Ltd(4.66%) as on November 2024
Tech(59.36%), Communication(25.2%), Consumer Cyclical(6.75%) as on November 2024
The alpha ratio for the SBI Technology Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Technology Opportunities Fund Direct Growth
3.6
3.09
5.87
As on November 2024
The alpha for SBI Technology Opportunities Fund Direct Growth is calculated against S&P BSE IT. 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 Technology Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Technology Opportunities Fund Direct Growth
0.89
0.91
0.91
As on November 2024
The Beta for SBI Technology Opportunities Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Opportunities Fund Direct Growth
1.49
0.47
1.16
As on November 2024
The sharpe ratio for SBI Technology Opportunities Fund Direct Growth is calculated with S&P BSE IT. 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 Technology 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 Technology Opportunities Fund Direct Growth
16.88
17.49
19.27
As on November 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 0.73 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.68 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of SBI Technology Opportunities Fund Direct Growth is 0.5%