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SBI Mutual Fund | Become a millionaire with this mutual fund scheme, your money will increase exponentially
News Update | October 8, 2024 9:25 PM CST

SBI Mutual Fund Healthcare Opportunities Fund of SBI Mutual Fund has been giving tremendous returns to its investors in the last 5 years. If someone had invested Rs 1 lakh in this fund five years ago, its value today would have been more than Rs 4 lakh. In this fund, investors could raise more than Rs 12 lakh by investing Rs 10,000 every month through SIP.

SBI Healthcare Opportunities Fund (Direct Plan)
* Lump sum investment: Rs 1 lakh * Investment tenure: 5 years * 5 year average return: 32.90% * Net value: Rs 4,14,596

Monthly SIP: ₹10,000
* Total investment: Rs 6 lakh * 5 year annual return: 30.9% * Value of fund: Rs 12,80,774

investment strategy
The fund invests in a broad portfolio of healthcare companies. Of this, about 96.24% is in assets like equities and 3.76% in cash. Top holdings include companies like Sun Pharmaceutical, Divi's Labs and Cipla.

Important details to the fund
* Essence Under Management (AUM): ₹3,357.28 crore * Benchmark: BSE Healthcare Total Return Index * Risk Level: Very High * Potential in the healthcare sector There are endless possibilities in the healthcare sector in India. SBI Healthcare Opportunities Fund offers good return potential in the long run.

risk factor
The fund invests only in the healthcare sector, hence it has high sectoral risk. Moreover, investors will need to hold the fund for a longer period.

right time to invest
This fund is good for investors looking to invest in the healthcare sector, but smaller investors are advised to invest in more diversified funds. Risk can be reduced by investing through SIP.

Disclaimer : Investing in mutual funds and stock market is based on risk. Before investing in the stock market, definitely consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.

News in Hindi | SBI Mutual Fund 08 October 2024 Hindi News.


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