SBI Automotive Opportunities Fund NFO Review |Money Mint idea

SBI Automotive Opportunities Fund NFO Review |Money Mint idea

SBI Automotive Opportunities Fund NFO Review – SBI Automotive Opportunities Fund Direct NFO Open on 17 May 2024 and Close on 31 May 2024. SBI Automotive Opportunities Fund Direct NFO Allotment Date is 17 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount  is ₹5,000. The Minimum SIP Investment Amount is ₹500.

 

About Scheme-

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 theme.

Investment Strategies
  1.  Automobile
  2.  Auto Dealer
  3.  Automobile components & equipment
  4.  Abrasives & Bearings
  5.  Tyres & Rubber products
  6.  2/3 wheelers
  7.  Tractors
  8.  Passenger vehicles & utility vehicles
  9.  Construction vehicles
  10.  Trading – Auto components
  11.  Commercials vehicles
  12.  Castings & forgings
  13.  Compressors, Pumps & Diesel Engines
  14.  Semiconductor & electronic companies catering to auto companies.
  15.  Dealers–Commercial Vehicles, Tractors, Construction Vehicles.

 

SBI Automotive Opportunities Fund Direct nfo Scheme benchmark 

SBI Automotive Opportunities Fund Direct may also invest in Semiconductor & electronics companies catering to auto companies.

 

No Industries Weights%
1. Auto Components & Equipment's 10%
2. Castings & Forgings 3%
3. Tyres & Rubber Products 6%
4. Passenger Cars & Utility Vehicles 51%
5. 2/3 Wheelers 27%
6. Commercial Vehicles 3%
7. Compressors, Pumps & Diesel Engines 0%
8. Abrasives & Bearings 0%
9. Construction Vehicles 0%
10. Tractors 0%
11. Trading - Auto Components 0%
12. Auto Dealer 0%

 

SBI Automotive Opportunities Fund Direct Nfo Important Date

Scheme Offer SBI Automotive Opportunities Fund
Type of Scheme open-ended scheme
Open Date 17 May, 2024
Allotment Date 07 June 2024
Close Date 31 May, 2024
Category NIFTY Auto Total Return Index
Min Inv ₹ 5000
Lock in Period N/A
Risk Very High
Scheme Benchmark Nifty Auto TRI W

 

SBI Automotive Opportunities Fund Direct Nfo Performance

 

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