SBI Long Term Equity Fund Direct Plan-Growth is an ELSS mutual fund scheme offered by SBI Mutual Fund. This fund has been in operation for 11 years, having been founded on January 1, 2013. SBI Long Term Equity Fund Direct Plan-Growth has ₹25,738 Crores in assets under management (AUM), making it a medium-sized fund within its category.

The majority of the fund’s money is invested in the financial, energy, capital goods, automobile and healthcare industries. It has less exposure to the financial and energy industries than other funds in the category.

SBI Long Term Equity Fund Performance

The growth returns over the last year for the SBI Long Term Equity Fund Direct Plan are 54.98%. It has produced average yearly returns of 18.14 percent since its debut. Every two years, the fund doubles the amount invested in it.

The SBI Long Term Equity Fund Direct Plan-Growth plan has a better track record of regular return delivery than the majority of funds in its class. It performs better than average at controlling losses in a declining market.

SBI Long Term Equity Fund Returns

SBI Long Term Equity Fund Top 5 Holdings

SBI Long Term Equity Fund Suitability

If you invest for five years or longer, you may anticipate profits that outperform both inflation and fixed-income returns.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

SBI Mutual Fund has introduced the SBI Automotive Opportunities Fund, a new thematic fund designed to provide investors with exposure to the automotive and allied business activities theme. This open-ended equity scheme aims to generate long-term capital appreciation by investing in companies within the automotive sector, both domestically and globally.

SBI Automotive Opportunities Fund details

Investment Objective and Strategy of SBI Automotive Opportunities Fund

The primary goal of the SBI Automotive Opportunities Fund is to deliver long-term capital appreciation for unit holders by investing in equity and equity-related instruments of companies engaged in automotive and allied business activities. The fund’s strategy involves actively managing the portfolio through a bottom-up approach to stock selection, focusing on optimizing returns. The SBI Automotive Opportunities Fund will predominantly invest in a diversified portfolio of stocks across various market capitalizations, concentrating on companies expected to benefit from the growth in automotive and allied business activities.

Asset Allocation and Risk Profile

The SBI Automotive Opportunities Fund will allocate 80-100% of its assets in equity and equity-related instruments of companies within the automotive and allied business activities theme, including equity derivatives. Additionally, the fund may invest 0-20% in equity and equity-related instruments of companies outside this theme, 0-20% in debt and debt-related instruments, and 0-10% in units issued by REITs and InvITs.

Risk-o-meter:

Who should invest in the SBI Automotive Opportunities Fund?

The SBI Automotive Opportunities Fund is suitable for investors with a very high-risk appetite who are interested in the automotive and allied business activities theme. This fund is particularly appropriate for those with an investment horizon of 5 years or more, seeking long-term capital gains from equities investing in firms operating within or poised to benefit from the expansion of the automotive industry and allied applications.

Benchmark and Fund Managers

The SBI Automotive Opportunities Fund will be benchmarked against the Nifty Auto TRI. Tanmay Desai will manage the fund, with Pradeep Kesavan overseeing overseas investments. The fund managers’ expertise will be crucial in implementing the fund’s investment strategy and ensuring alignment with the stated objectives.

NFO Details and Subscription

The New Fund Offer (NFO) for the SBI Automotive Opportunities Fund is open from May 17, 2024, to May 31, 2024. Investors can subscribe to the fund with a minimum application amount of Rs 5,000 and in multiples of Re 1 thereafter. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan, catering to varying investor preferences.

The SBI Automotive Opportunities Fund presents an enticing opportunity for investors looking to capitalize on the growth potential of the automotive sector. With a well-defined investment objective, active management strategy, and experienced fund managers at the helm, this fund aims to provide investors with exposure to a sector poised for significant growth both in India and globally. As always, investors should carefully consider their risk appetite and investment horizon before making any investment decisions.