How is the performance of SBI focused equity fund?
How is the performance of SBI focused equity fund?
The Current Net Asset Value of the SBI Focused Equity Fund as of 15 Dec 2021 is Rs 249.6727 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: 50.79\% (1yr), 25.36\% (3yr), 20.41\% (5yr) and 20.7\% (since launch).
What is the value of SBI focused equity fund regular growth?
3. The SBI Focused Equity Fund currently holds Assets under Management worth of Rs 21676.55 crore as on Oct 31, 2021. 4. The expense ratio of the fund is 1.93\% for Regular plan as on Oct 31, 2021.
Is SBI focused equity fund a tax saving fund?
When you invest in SBI MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. In this, the amount invested by you gets deducted from your taxable income.
What is focused equity fund?
Focused Equity Funds are Equity Mutual Funds that invest at least 65\% of their total assets in Equities and Equity-related instruments and can have a maximum of 30 stocks in their portfolio. They can invest across market capitalisations, sectors, and industries.
What is return of SBI focused equity fund?
Returns (NAV as on 16th December, 2021)
| Period Invested for | ₹10000 Invested on | Annualised Returns |
|---|---|---|
| 1 Year | 16-Dec-20 | 43.53\% |
| 2 Year | 16-Dec-19 | 28.54\% |
| 3 Year | 14-Dec-18 | 24.21\% |
| 5 Year | 16-Dec-16 | 20.38\% |
What is SBI focused fund?
SBI Focused Equity Fund aims to provide investors with opportunities of long-term capital appreciation by investing in a concentrated portfolio of equity and equity related instruments. The fund invests minimum of 65\% in equity and equity related instruments spanning across market capitalization.
What is focused equity?
What is the meaning of focused equity fund?
A focused fund is a mutual fund that holds a only relatively small variety of stocks or bonds that are similar along some dimension. By definition, a focused mutual fund focuses on a limited number stocks in a limited number of sectors, rather than holding a broad or diversified mix of positions.
What are the focused funds?
A focused fund is a mutual fund which holds a relatively small number of stocks or bonds in some dimensions that are identical. In comparison to many funds holding positions well over 100 companies, focused funds tend to hold positions in about 20-30 companies or less.