SBI It Fund

Some of the main features and benefits of SBI IT Fund are as follows:

• Provides investors with opportunities for long-term capital appreciation by largely investing in a diversified portfolio of equity and equity-related securities in technology and technology-related companies.
• A minimum of 80% is invested in stocks of companies in technology and technology-related sectors.
• The remaining 20% can be invested in equities of companies other than the technology space and/or debt or money market instruments.
• The fund follows a bottom-up approach to stock-picking.
• The portfolio is well-diversified across stocks & themes.
• Long term wealth creation.
• Minimum investment: Rs. 5000
• Riskometer: high-risk.

Fund details

Performance as on September 5, 2019

Please note that past performance of a mutual fund may not be a guarantee of future results. However, if you know how to analyze fund performance and know what to look for, you can make better investment decisions. This increases the odds that future performance will meet or exceed your expectations.

SIP Performance

NAV as on 5th September 2019

Portfolio Aggregates

Top Holdings

Most Recent Dividends

The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.

There is a -0.38% change from previous, NAV as on Sep 05, 2019

Investing in SBI IT Fund is fairly straightforward. There are several easy ways of doing this:

Online: You can simply click on the “Invest Now” option on the company’s official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.

Offline: You may approach your nearest SBI Mutual Fund office and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also approach third party dealers for applying to this scheme. However, make sure that the dealer is genuine as there are a lot of fraudulent dealers.

Request for a callback: You can request for a call back by entering your contact details (name and phone number) on their contact form on the website whereupon an expert will get in touch with you to further discuss your investment options.

Email: You can email their customer service on the email address listed on the company’s website for more information.

Tollfree number: You can call their toll-free number listed on their official website and talk to an expert.

Chat: You can also chat with an online assistant using the chat option on their website and have your questions addressed.

1. What is SBI IT Fund?

SBI IT Fund is an open-ended scheme that provides investors with opportunities for long-term capital appreciation by largely investing in a diversified portfolio of equity and equity-related securities in the technology space.

2. What is the approach followed by the scheme?

The fund follows a bottom-up approach to stock-picking and select companies which are expected to derive benefit from development, use, and advancement of technology.

3. What is the breakdown of the investment scheme?

The fund invests a minimum of 80% in stocks of companies in technology and technology-related sectors. The remaining 20% can be invested in equities of companies other than the technology space and/or debt or money market instruments.

4. What is the minimum investment?

The minimum investment to be made is Rs. 5000. Minimum additional investment is Rs. 1000.

5. Who is it suitable for?

This kind of scheme is good for those looking to generate long term wealth creation at high risk to the principal.