1 Year Return
as 21st Jan 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||R. Srinivasan|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|HDFC Bank Ltd||9.18%|
|State Bank of India||7.23%|
|Bajaj Finance Ltd||6.91%|
|Procter & Gamble Hygiene and Health Care Ltd||6.11%|
It is an open-ended scheme which aims to provide the investor opportunities for long term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments. It mainly invests in a minimum of 65% in equity and equity related instruments spanning across market capitalization.
The scheme has outperformed both the index and category in terms of return for a ten-year period (17.82%).
It has completely beaten the fund category over the past decade.
Its risk is lower as compared to the benchmark.
The scheme was launched on 11 OCT 2004. It was previously known as the SBI Emerging Business Fund.
The fund risk return profile is quite high and quite superior to its peers. Despite being an aggressive fund, the scheme is quite good in terms of delivering returns.
The minimum redemption units are 100 and the amount should be Rs 1000. The cut off time is 3 PM for redemption based on the same days.
R Srinivasan has been the fund manager of the SBI Focused Equity Fund. Currently he is heading the head of equity and manages several funds. He has more than two and a half decades of experience in equities domain. Previously, he was associated with Future Capital Holding, Principal PNB, Blackstone, Motilal Oswal and among others. He is post graduate in commerce and an MFM degree from the university of Mumbai.
They basically charged 1%, if the units are redeemed within 1 year from the date of allotment of units. There will be no exit load if charged beyond 1 year. There is no entry charge by the scheme.
About SBI Mutual Fund
SBI is one of the leading names in Indian banking sector. SBI Mutual Fund is a joint venture between SEBI and (a European asset management company), which is one of the world's leading fund management companies. It offers a wide variety of mutual funds suitable for different types of investor