SBI Technology Opportunities Fund – Direct Growth

500
Min SIP
5,000
Min Lumpsum
0.84 %
Expense Ratio
Rating
3,758
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 28.2% 23.3% 25% 21.8%
Category Average 27.6% 16.5% 19.1% -

Scheme Allocation

By Holding
By Sector
By Asset
25.07%
TCS
10.9%
Others
42.14%
View all Holdings
Holdings Sector Instrument Asset
Infosys IT - Software Equity 25.07%
TCS IT - Software Equity 10.9%
Bharti Airtel Telecomm-Service Equity 9.03%
Tech Mahindra IT - Software Equity 7.03%
HCL Technologies IT - Software Equity 5.83%
Firstsour.Solu. IT - Software Equity 3.81%
Wipro IT - Software Equity 3.75%
Coforge IT - Software Equity 3.48%
Delhivery Logistics Equity 3.47%
Indiamart Inter. E-Commerce/App based Aggregator Equity 3.15%
Nazara Technolo. IT - Software Equity 2.89%
FSN E-Commerce E-Commerce/App based Aggregator Equity 2.75%
PVR Inox Entertainment Equity 2.52%
Persistent Sys IT - Software Equity 2.44%
eMudhra IT - Software Equity 0.83%
Tata Technolog. IT - Software Equity 0.47%
Indbazaar.Com - Equity 0%
Sip Technologies - Equity 0%
IT-Software
58.5%
Others
11.47%
Telecom-Services
9.03%
Retailing
5.9%
Entertainment
5.41%
Others
9.69%
View all Sectors
Sectors Asset
IT-Software 58.5%
Others 11.47%
Telecom-Services 9.03%
Retailing 5.9%
Entertainment 5.41%
Commercial Services & Sup 3.81%
Transport Services 3.47%
IT-Services 1.3%
Debt 1.23%
Cash & Others -0.12%
Equity
87.42%
Foreign Equity
11.47%
Reverse Repos
1.23%
Net Curr Ass/Net Receivables
-0.12%

Advance Ratio

7.51
Alpha
4.91
SD
0.89
Beta
0.92
Sharpe

Exit Load

Exit Load 0.50% - If redeemed/switched out wihin 15 days from the date of allotment. Nil - If redeemed/switched out after 15 days from the date of allotment.

Fund Objective

SBI Mutual Fund offers a mutual fund scheme specialised in the technology sector called the SBI Technology Opportunities Fund-Growth. This fund was established on July 14, 1999, and is now managed by fund managers Saurabh Pant and Mohit Jain.

By purchasing a diverse portfolio of equities and equity-linked securities issued by technology and technology-related firms, the SBI Technology Prospects Fund hopes to offer investors with opportunities for long-term capital gain. At least 80% of the fund is put towards equities of tech and tech-related firms.

Up to 20% of the SBI Technology Opportunities Fund’s assets may be invested in non-technology-related shares, debt, or money market instruments. The fund uses a bottom-up strategy to identify and invest in firms that stand to profit from technological innovation.

Pros & Cons

Pros Cons
Suitable for long-term investments Not suitable for short-term
Delivered returns without frequent ups and downs High risk fund
High expense ratio

Who should invest in SBI Technology Opportunities Fund?

One of the fastest-growing industries in recent years has been IT, and almost every major IT company in the world now has a presence in India. The technology industry is a rapidly expanding market that has attracted a lot of investors in recent years which makes this fund a lucrative choice.

  • Investors with a 5-7 year time horizon are good fits for the SBI Technology Opportunities Fund.
  • If you have a high-risk tolerance, you should consider investing in this fund. The volatility of technology funds is greater than that of diversified funds
  • Investors with an in-depth understanding of macro trends who are willing to gamble strategically in pursuit of superior returns relative to other Equity funds. Even if the market as a whole is doing well, these investors should nevertheless be prepared for the risk of moderate to severe losses in their assets.
  • For any investment to be successful, you must be willing to commit to the market for the long haul. Experts in Technology Funds do not recommend investing for the short term.

What are the benefits of investing in the SBI Technology Opportunities Fund?

The fund makes investments in the creation of high-impact technologies that may be utilised by businesses around the world to enhance their infrastructure, products, and services. It focuses on artificial intelligence (AI), robots, data science, and blockchain technologies.

  • Profit-to-Risk Ratio Very High

Since technology is one of the fastest-growing sectors, technology funds aim to outperform equities funds by maintaining a high allocation to that sector. All Sectoral Funds aim to outperform diversified funds by investing primarily in a single, high-growth industry. The fund’s returns might take a significant hit if this viewpoint fails, but it could outperform the market and other equities funds if the underlying industry thrives. As a result, the potential benefits outweigh the risks.

  • Capitalization-Wide Market Investment

While the emphasis is on a certain industry, it is not restricted to a specific market cap. Its primary focus is on investing in the stock of technology-related companies, while it makes investments in the stocks of businesses of all sizes. Whether a scheme or AMC invests a large portion of its funds in a single market cap or maintains a broadly diversified portfolio is a matter of discretion.

  • Steady Performance

As with any Sectoral Fund, the Technology Fund focuses on a single industry. There is not much variety available. All sectors experience market cycles and perform correspondingly, and when a sector is expanding, funds that concentrate on growth sectors provide the highest returns and increase the margin over the benchmark and other mutual funds. Over the years, the technology industry has delivered steady performance.

Fund Managers

Saurabh Pant

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

SBI Mutual Fund
AUM:
8,28,312 Cr
Address:
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Contact:
022-61793000
Email ID:
partnerforlife@sbimf.com

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Frequently Asked Questions

How to invest in SBI Technology Opportunities Fund – Direct Growth ?

You can invest in SBI Technology Opportunities Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for SBI Technology Opportunities Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of SBI Technology Opportunities Fund – Direct Growth ?

The NAV of SBI Technology Opportunities Fund – Direct Growth is ₹207.2 as of 23 February 2024.

How to redeem SBI Technology Opportunities Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of SBI Technology Opportunities Fund – Direct Growth?

The minimum SIP amount of SBI Technology Opportunities Fund – Direct Growth is ₹500

What are the top sectors SBI Technology Opportunities Fund – Direct Growth has invested in?

The top sectors SBI Technology Opportunities Fund – Direct Growth has invested in are
  1. IT-Software - 58.5%
  2. Others - 11.47%
  3. Telecom-Services - 9.03%
  4. Retailing - 5.9%
  5. Entertainment - 5.41%

Can I make investments in both the SIP and Lump Sum schemes of SBI Technology Opportunities Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of SBI Technology Opportunities Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have SBI Technology Opportunities Fund – Direct Growth generated ?

The SBI Technology Opportunities Fund – Direct Growth has delivered 21.8% since inception

What is the expense ratio of SBI Technology Opportunities Fund – Direct Growth ?

The expense ratio of SBI Technology Opportunities Fund – Direct Growth is 0.84 % as of 23 February 2024.

What is the AUM of SBI Technology Opportunities Fund – Direct Growth?

The AUM of SBI Technology Opportunities Fund – Direct Growth is ₹8,28,312 Cr as of 23 February 2024

What are the top stock holdings of SBI Technology Opportunities Fund – Direct Growth?

The top stock holdings of SBI Technology Opportunities Fund – Direct Growth are
  1. Infosys - 25.07%
  2. TCS - 10.9%
  3. Bharti Airtel - 9.03%
  4. Tech Mahindra - 7.03%
  5. HCL Technologies - 5.83%

How can I redeem my investments in SBI Technology Opportunities Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI Technology Opportunities Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for SBI Technology Opportunities Fund - Direct Growth?

No, there is no lock-in period for SBI Technology Opportunities Fund – Direct Growth.

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