Sbi Technology Opportunities Fund Regular Growth

Invest in SBI Technology Opportunities Fund Regular Growth effortlessly by following a quick three-step investment process and reap the benefits of your investments.

What has been the performance of SBI Technology Opportunity fund over a period of 5 years?

2. When considering investment options, it is important to assess their historical performance. The SBI Technology Opportunities Fund has shown promising returns over various time periods: 26.77% in the past year, 21.88% over three years, and an impressive 23.7% over five years since its launch.

3. These trailing returns reflect how well the fund has performed compared to its initial value and other similar funds in the market during these specific time frames.

4. It is crucial for investors to consider these returns while making decisions about their investments in order to gauge potential growth and make informed choices based on their financial goals and risk tolerance levels.

Practical advice or examples:

– Investors interested in technology-focused funds may find the SBI Technology Opportunities Fund appealing due to its consistent positive performance.

– Those seeking short-term gains could also consider investing based on its impressive one-year return rate.

You might be interested:  Rules for prepaying SBI personal loans

– However, it is essential for investors to conduct thorough research and consult with financial advisors before making any investment decisions as past performance does not guarantee future results

Frequently Asked Questions

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

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

SEBI classifies 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 all at once.

What are ELSS funds?

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

What are Bluechip funds?

Bluechip funds are investment funds that focus on purchasing stocks of financially successful and established companies that have consistently performed well over a significant period.

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 the shortest among other 80C investment options. The lock-in period starts from the date of investment and may vary for SIPs (Systematic Investment Plans).

Is KYC mandatory for BLACK?

All fund houses require KYC documentation. If you choose to invest through BLACK, completing your KYC process once will suffice for all future investments.

Understanding the Mandate (Auto-SIP) Concept

A Mandate is a single registration that allows you to authorize your bank account to automatically deduct a specific amount of money from your account on a daily basis for investing in an SIP portfolio. Once you have registered for the Mandate, you will no longer need to go through the payment process each time you make an investment in the SIP.

You might be interested:  Preliminary Result of SBI Clerk Exam

The NAV of SBI Technology Opportunities Fund – What is it?

SBI Technology Opportunities Fund Regular Growth offers regular investment options with the latest Net Asset Value (NAV) of ₹183.236. It provides information on returns, performance, portfolio, and projected returns for 2024.

1. Regular investment options

2. Latest NAV: ₹183.236

3. Detailed information on returns and performance

4. Portfolio composition analysis

5. Projected returns for 2024

The origins of the SBI technology Opportunity fund

SBI Technology Opportunities Fund is a mutual fund that has been operating for over 11 years, since its launch on January 1, 2013. It falls under the category of medium-sized funds and currently manages assets worth ₹3,758 Crores as of December 31, 2023.

In simple terms, SBI Technology Opportunities Fund is an investment option where individuals can pool their money together to invest in technology-related companies. The fund aims to provide growth opportunities by investing in stocks of such companies that have potential for technological advancements and innovation.

Overall, SBI Technology Opportunities Fund offers investors an opportunity to potentially benefit from the growth prospects of the technology sector while minimizing risk through professional management and diversification strategies.

Is the safety of SBI Technology Opportunities Fund guaranteed?

It is important for potential investors to carefully consider their risk tolerance before investing in this high-risk fund. While it may offer attractive growth prospects due to its focus on technology companies, it also comes with increased volatility and uncertainty compared to funds with lower risk levels.

Is a technology fund suitable for long-term investment?

One significant risk associated with investing in technology funds is the potential impact of rising interest rates. When interest rates increase, it tends to have a greater effect on these types of funds due to their concentrated exposure in the technology sector. This means that investors should carefully consider this factor before making any investment decisions.

You might be interested:  SBI Large and Midcap Fund Regular Growth - An Ideal Choice for Long-Term Investors

Despite the risks involved, there are several opportunities within the technology sector that make tech funds an attractive option for investors. The rapid advancements and innovations taking place within this industry create ample room for growth and potential profits. By investing in well-managed tech funds, individuals can gain exposure to companies at the forefront of technological developments.

What is the smallest SIP amount for SBI Technology Opportunities Fund?

SBI Technology Opportunities Fund – Regular Plan – Growth has amassed assets under management (AUM) worth Rs 3586.28 Crores. This fund offers the flexibility to start investing with a minimum SIP of Rs 500 or a lump sum investment of Rs 5000.

– SBI Technology Opportunities Fund – Regular Plan – Growth has AUM worth Rs 3586.28 Crores.

– Minimum SIP amount is Rs 500.

– Minimum lump sum investment amount is Rs 5000.

When was the launch of SBI Technology Opportunity Fund regular growth?

SBI Technology Opportunities Fund Regular Growth is an equity-sector technology fund that was launched on January 9, 2013. It carries a very high risk level. As of February 12, 2024, the net asset value (NAV) of the fund stands at ₹183.68.

– Fund Name: SBI Technology Opportunities Fund Regular Growth

– Type: Equity – Sector – Technology

– Launch Date: January 9, 2013

– Risk Level: Very High

– NAV as of February 12, 2024: ₹183.68