myplexus

NFO Monitor

Fund Fact

Name of Funds:

SBI Innovative Opportunities

Opening:

29th July 2024

Closing:

12th August 2024

Minimum Investment:

Rs. 5000/- & in multiples of Re.1 thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

1% of NAV if units are redeemed/switched out before 1 year from the date of allotment

Fund Stats

Objective:

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme.

Benchmark:

NIFTY 500

Fund Manager:

Prasad Padala, Pradeep Kesavan

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Union Innovation & Opportunities Fund	25.41(6M)	Not Available
ICICI Prudential Innovation Fund	21.36(6M)	53.94(1Y)

Fund Prognosis

Idea Distiller

The innovation space is witnessing rapid strides in the private to public equity. And can the fund industry not participate???

Fund House AAUM:
Rs 99009020.18 Lakhs(as on 30th June, 2024)
Fund Manager:
Combined experience of above 15 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

For aggressive investors, this could be a vehicle to jump up on. I will.

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