SBI Focused Equity Fund
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Min amount: 500
- Fund Summary
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|Risk||Moderately High risk|
|Fund Type||Focused Fund|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||9.23%|
|Procter & Gamble Hygiene and Health Care Ltd||7.52%|
|State Bank of India||5.26%|
|Divi's Laboratories Ltd||5.08%|
|Kotak Mahindra Bank Ltd||5.08%|
|Hatsun Agro Product Ltd||4.42%|
|InterGlobe Aviation Ltd||4.4%|
|Bajaj Finance Ltd||4.07%|
|Bharat Heavy Electricals Ltd||3.42%|
|Alphabet Inc A||3.35%|
About SBI Focused Equity Fund
The Scheme is an open-ended equity scheme investing in maximum 30 stocks across multicap space and launched by SBI Mutual Fund House. The Investment Objective of the Scheme is to provide the investor with the opportunity of long term capital appreciation by investing in concentrated portfolio of equity and equity linked securities. The Scheme is benchmarked against S&P BSE 500 Index.
Pros & Cons of SBI Focused Equity Fund
With a 10-year return of 17.82%, the Scheme has outperformed both the index (12.43%) and the category (14.31%) by a good margin. The fund has comfortably beaten the multi-cap category over the past decade and continues to be a top pick for investors.
Fund Information & Statistics of SBI Focused Equity Fund
i) Inception / Launch date
The Scheme was launched on 11 October 2004 and was earlier known as SBI Emerging Businesses Fund. The fundamental characteristic of the scheme was changed from being a diversified equity fund to focused equity fund that invests in maximum 30 stocks in the multi-cap space.
ii) Risk level
The fund’s risk-return profile is superior to peers, delivering healthy alpha relative to peers, enabling the Scheme a worthy bet for investors seeking an aggressive, focused strategy.
Minimum redemption is Rs 1,000 or 100 units whichever is lower. Redemptions are effected at prices related to applicable NAVs on all business days. The cut-off time is 3 PM for redemptions based on same day NAV.
iv) Fund Manager
The Fund Manager is Mr. R Srinivasan who is managing the Fund since May 2009. He has an experience of more than 25 years in equities having worked with Future Capital Holding, Principal PNB, Oppenheimer & Co (later Blackstone), Indosuez WI Carr and Motilal Oswal, among others.
v) Entry / Exit load
1% exit load is charged if the units are redeemed within 1 year from the date of allotment of units, no exit load is charged beyond 1 year. No entry load is charged by the Scheme.
About SBI Mutual Fund
SBI Mutual Fund is India’s largest bank sponsored mutual fund and the fund has launched 38 schemes and successfully redeemed fifteen of them. Today, the fund house manages over Rs. 42,100 crores of corpus across 38 active schemes
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Min amount: 500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns