SBI Automotive Opportunity Fund - Overview & Complete Analysis

The SBI Automotive Opportunities Fund is tailored for individuals looking to invest in equity and debt-related instruments to achieve high returns. This scheme aims to invest in a diverse range of industries, market capitalizations, and asset classes

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May 22, 2024 - 18:52
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SBI Automotive Opportunity Fund - Overview & Complete Analysis

SBI Automotive Opportunity Fund - Overview

Fund Basics:

  • NFO Period: May 17 - May 31, 2024

  • Minimum Investment: SIP of Rs 500

  • Exit Load: 1% if redeemed within 1 year

  • Lock-in Period: None

  • Risk: Very High

  • Benchmark Index: Nifty Auto TRI

Objective: Generate long-term capital appreciation by investing in equity and debt instruments of companies in the automotive and allied sectors.

Asset Allocation:

  • Automotive & Allied Equity: 80-100% (Very High Risk)

  • Other Equity: 0-20% (Very High Risk)

  • Debt Instruments: 0-20% (Low to Medium Risk)

  • REITs and InvITs: 0-10% (Medium to High Risk)

Tax Implications:

  • Short-term Capital Gains: 15% if redeemed within 1 year

  • Long-term Capital Gains: 10% on returns above Rs. 1 lakh after 1 year

Fund Managers:

  • Mr. Tanmay Desai

  • Mr. Pradeep Kesavan

Ideal for: Investors willing to take high risks for potential high returns, with exposure to both domestic and foreign securities in the automotive sector.

The SBI Automotive Opportunities Fund targets long-term growth through investments in the high-risk automotive sector. Assess your risk tolerance before investing.

Apply Now for SBI Automotive Opportunity Fund

 

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