SBI Focused Equity Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 338.5629 0.4972(0.147 %) NAV as on 30 Apr 2024
Scheme Objective: To provide the investor with the opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity related securities.
Performance (As on 30 Apr 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 18.10 % | 33.45 % | 17.86 % | 17.69 % | 16.25 % |
| NIFTY 500 | 24.82 % | 37.69 % | 19.41 % | 16.93 % | N/A |
Portfolio
Focused funds invest in a maximum of 30 stocks. While some funds stick only to large-cap stocks, most invest across market capitalisations. The high concentration in each stock, especially in the top few, allow the fund to squeeze out more benefits from a rally of a stock than funds with more diffused holdings. However, the fall of a stock can also have a heavy impact on performance. These funds, therefore, can deliver much higher than multi-cap funds but may also be more volatile. The 500 or the BSE 500 can be used as benchmarks to measure performance.
Focused funds suit investors with moderate to high risk appetites. The minimum period for which these funds need to be held is 5 years.
Short-term: Holding period is less than 12 months.
Taxation: Capital gains are taxed at 15%
Long-term: Holding period is 12 months or more.
Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.
