3 Year return

15.85%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3496.62 Cr.

Expense Ratio

0.85% (inclusive of GST)

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.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

SBI Mutual Fund Managers

SP

Saurabh Pant

Fund Manager since Sep 2016

View Details

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹915,901.53 Cr.
No. of Schemes 213
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Technology Opportunities Fund Direct Plan Growth

The SBI Technology Opportunities Fund Direct Plan is an investment opportunity designed specifically for those interested in the technology sector. It operates as an Open-ended Sectoral-Technology Equity scheme offered by SBI Mutual Fund House, with a focus on investing in companies that demonstrate strong growth prospects in areas like information technology, software, e-commerce, or any business primarily functioning in the technology sector. One notable feature of this fund is that it does not have a lock-in period, allowing investors the flexibility to enter or exit their investments as per their convenience.

Investment Objective of the Scheme

The main goal of the SBI Technology Opportunities Fund Direct Plan Growth is to give investors a chance at long-term capital growth. It does this by putting money into a mix of different stocks and securities related to technology and technology-based companies. The fund concentrates on the ever-changing technology industry, aiming to take advantage of its potential for growth and ultimately provide favourable returns to its investors over the long haul.

Key Features of The Fund

5-year return 23.51%
Expense Ratio 0.85%
Fund Manager Saurabh Pant
Fund Size ₹3496.62 Cr
Risk Profile Very High

Is This Scheme Right for Me?

SBI Technology Opportunities Fund Direct Plan Growth can be well-suited for investors with a good understanding of macro trends and a willingness to take selective bets for potentially higher returns compared to other equity funds. It's important to note that, like any investment, there are inherent risks involved, particularly in the technology sector. Investors should carefully assess their risk tolerance and consider their investment goals before making a decision.

AMC Contact Details

Name SBI Mutual Fund
Launch Date June 1987
Addresss 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact 1800 209 33331800 425 5425
Email customer.delight@sbimf.com
Website https://www.sbimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest Regularly, Achieve Your Goals with SIPs

Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.

FAQs

What is today's NAV of SBI Technology Opportunities Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Technology Opportunities Fund Jun 14 2024 is 204.8854

What is the AUM of SBI Technology Opportunities Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Technology Opportunities Fund is 3496.62 crore.

What is the expense ratio of SBI Technology Opportunities Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of SBI Technology Opportunities Fund is 0.85%

What are the returns of SBI Technology Opportunities Fund since inception?

The SBI Technology Opportunities Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 21.06 since inception.

What is the minimum SIP amount to invest in SBI Technology Opportunities Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Technology Opportunities Fund is 500.

How do I invest in SBI Technology Opportunities Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in SBI Technology Opportunities Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in SBI Technology Opportunities Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in SBI Technology Opportunities Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.