Sbi Technology Opportunities Fund Nav History

Invest and reap the benefits by following a straightforward three-step investment process. Experience hassle-free returns in no time at all.

Is investing in the SBI technology fund a wise decision?

2. When considering returns, it is important to analyze different time periods to get a comprehensive understanding of performance. The trailing returns for the SBI Technology Opportunities Fund – Direct Plan are as follows: 25.11% over one year, 22.65% over three years, 25.05% over five years, and 21.94% since its launch.

Practical Advice:

Investors should carefully monitor the NAV of funds they are interested in to stay informed about their current value and potential growth prospects.

When evaluating investment options like mutual funds or specific plans within them (such as direct plans), it is crucial to consider their historical performance across various time frames.

Frequently Asked Questions

Equity funds are investment schemes that focus on investing in stocks of companies with varying market values.

Understanding Large Cap, Mid Cap, Small Cap, and Multi Cap Equity Funds

SEBI categorizes listed companies according to their market capitalization. Large-cap funds focus on investing in the top 100 companies, while mid-cap funds target those ranked between 101 and 250. Small-cap funds, on the other hand, invest in companies ranked from 251st onwards. Multi-cap funds have a more diverse approach as they invest in small cap, mid cap, and large cap companies.

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What are ELSS funds?

ELSS funds are mutual funds that offer tax benefits and primarily invest in equity schemes. These funds have a mandatory lock-in period of 3 years.

What is the meaning of Bluechip funds?

Bluechip funds are investment funds that focus on purchasing stocks of reputable companies that have a strong track record of financial success over an extended duration.

Understanding the lock-in period

The lock-in period refers to the duration during which your investment in a mutual fund cannot be withdrawn. While many mutual funds do not have any lock-in period, tax-saving schemes like ELSS have a minimum lock-in period of 3 years, which is shorter than other options for claiming deductions under Section 80C. The lock-in period starts from the date of investment and may vary for investments made through SIPs.

Is KYC mandatory for BLACK?

KYC is a mandatory requirement for all fund houses. If you choose to invest through BLACK, you only need to complete your KYC process once. This same KYC will be applicable for any future investments as well.

Understanding the Concept of Mandate (Auto-SIP)

A Mandate is a single registration that allows your bank account to automatically deduct a set amount of money each day for investing in a SIP portfolio. Once you have registered for the Mandate, there is no need to go through the payment process every time you want to invest in the SIP.

What has been the performance of SBI Technology Opportunity fund since it started?

When evaluating the performance of the SBI Technology Opportunities Fund, it is essential to consider its trailing returns over various time periods. As of now, the fund has delivered impressive returns across different durations. Over a one-year period, it has generated a return rate of 24.33%. Looking at longer-term performance, investors have witnessed returns of 20.5% over three years and an even higher rate of 23.22% over five years since its launch.

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What is the growth potential of SBI Technology Opportunity Fund regular plan?

The SBI Technology Opportunities Fund – Regular Plan – Growth has shown impressive trailing returns over various time periods. In the span of one year, the fund has achieved a return rate of 25.58%. Over a three-year period, it has recorded a growth rate of 21.6%, while over five years, it stands at an impressive 24.24%.

With an average annual return of 25.58%, this fund has proven to be highly lucrative for investors. It is worth noting that investing in this fund can potentially double your initial investment within just four years.

The SBI Technology Opportunities Fund focuses on capitalizing on technology-related opportunities in the market. By investing in companies operating within the technology sector, such as software development firms and hardware manufacturers, this fund aims to generate substantial returns for its investors.

What is the top technology fund for long-term investments?

Invesco PHLX Semiconductor ETF is specifically designed for investors looking for exposure to semiconductor manufacturers and designers. The fund seeks results that correspond generally to the price and yield performance of its underlying index – PHLX SOX Semiconductor Sector Index.

P.S: These investment funds offer Indian investors a chance to tap into various segments within the technology industry such as software services, semiconductors, information technology hardware, and more. By diversifying their investments across these different sectors through these funds, Indian investors can potentially benefit from technological advancements and growth opportunities in this rapidly evolving industry.