NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹212.25
0.59%
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector technology
equity
31.83%p.a.
Last 1Y
10.30%p.a.
Last 3Y
26.23%p.a.
Last 5Y
20.57%p.a.
Since Inception
About SBI Technology Opportunities Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Technology Opportunities Fund Growth scheme from SBI Funds Management Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Jan 2013, SBI Technology Opportunities Fund Growth is Sector - Technology fund of its category with 4,304.48 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.
- SBI Technology Opportunities Fund Growth delivered 31.8% annual returns during the last year. It has delivered 20.6% average annual returns since the fund was launched.
- SBI Technology Opportunities Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in technology and technology related companies.
Top 10 Holdings
Infosys Ltd
24.49%
Bharti Airtel Ltd
10.86%
Tata Consultancy Services Ltd
6.45%
Firstsource Solutions Ltd
6.04%
Coforge Ltd
5.39%
Cognizant Technology Solutions Corp Class A
3.70%
Microsoft Corp
3.02%
Netflix Inc
2.95%
Zomato Ltd
2.81%
PB Fintech Ltd
2.77%
Fund Managers
- Pradeep Kesavan (Apr 2024 - Present)
- Vivek Gedda (Apr 2024 - Present)
Key Information
View Scheme Document
SBI Technology Opportunities Fund Growth SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on SBI Technology Opportunities Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI Technology Opportunities Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in SBI Technology Opportunities Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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