Investment Objective
The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested in equity and equity related instruments of companies engaged in automotive & allied business activities. However, there can be no assurance that the investment objective of the Scheme will be realised.
| Fund Overview | |
|---|---|
| Exit Load | 1% for redemption within 1 year |
| Min. SIP Amount | ₹ 500 |
| Min. LumpSum Amount | ₹ 5,000 |
| Launch Date | 17th May 2024 |
| End Date | 31st May 2024 |
| Allotment Date | 7th June 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | NIFTY Auto TRI |
| Risk | Very High |
| Scheme Category | Equity, Sectoral / Thematic |
| Fund Manager | Tanmaya Desai, Pradeep Kesavan |
| AMCs Details | |
|---|---|
| AMC Name | SBI Mutual Fund |
| RTA | Computer Age Management Services (CAMS) |
| Total AUM | 6,61,116.54 cr |
| Total Scheme | 61 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About SBI Automotive Opportunities Fund
SBI Funds Management Ltd (SBIFML), established under the Trust Act of 1882, is India’s oldest public sector fund house. A joint venture between the State Bank of India and Amundi, it is registered with SEBI and was the first in India to launch Contra and ESG Funds. With 30 years of rich experience in fund management, SBIFML consistently delivers value to investors, backed by the strong lineage of SBI, India’s largest bank. With a widespread network across India, SBIFML nurtures the trust of a vast and varied family of investors. It is one of the leading mutual fund bodies in India by AUM, surpassing Aditya Birla and HDFC Mutual Funds.
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Happy Investing,
Saurav Parui
