SBI Innovative Opportunities Fund: NAV, Direct Plan, and Investment Guide
The SBI Innovative Opportunities Fund is a thematic equity mutual fund designed to capitalize on high-growth sectors and emerging industries and If you are thinking about how to add some variety to your portfolio, this fund brings something different that it focuses on companies that are all about innovation and forward-thinking ideas.
What Is SBI Innovative Opportunities Fund?
This fund invests in companies who are like getting benefit from innovation, technological advancement, or structural changes in the economy and it is managed by SBI Mutual Fund, one of India’s most trusted asset management companies.
Fund Type: Thematic Equity
Risk Level: High
Fund Manager: Appointed by SBI MF
Minimum Investment: ₹500 (SIP), ₹1,000 (Lump sum)
SBI Innovative Opportunities Fund NAV Today
NAV (Net Asset Value) reflects the per-unit price of the mutual fund. It is updated daily and can be checked easily through:
- SBI Mutual Fund Official Website
- Online investment platforms like Groww, Zerodha Coin, Paytm Money, or Moneycontrol
Example:
- Direct Growth Plan: ₹34.52
- Regular Growth Plan: ₹33.17
(Check live NAV on fund platform)
Direct Plan vs Regular Plan
Investors can choose between Direct and Regular plans of this fund. Here’s a quick comparison:
Feature | Direct Plan | Regular Plan |
---|---|---|
Returns | Higher | Slightly lower |
Expense Ratio | Lower | Higher (includes commission) |
Investment Platform | Online, DIY | Through advisor/distributor |
Ideal For | Self-directed investors | Investors needing guidance |
Choosing the Direct Growth Plan is more cost-effective over the long term if you’re comfortable investing online.
How to Invest in SBI Innovative Opportunities Fund
Investing in this fund is simple and completely online:
- Complete your KYC via Aadhaar-based eKYC
- Visit platforms like:
- Search for “SBI Innovative Opportunities Fund – Direct Growth”
- Choose between SIP or one-time investment
- Monitor your portfolio regularly
Performance Snapshot
While mutual fund returns are subject to market risks, here’s an indicative performance:
Period | Returns (%) |
---|---|
1 Year | +18.2% |
3 Years | +52.6% |
5 Years | +105.3% |
Returns are approximate and not guaranteed. Always check latest performance before investing.
Frequently Asked Questions (FAQs)
1. What is the minimum investment amount required to invest in this fund?
You can start with ₹500 via SIP or ₹1,000 for lump sum investment.
2. Can I able to invest without an advisor?
Yes, because you can use any online platform offering direct plans to invest without an advisor.
3. How often should I check the NAV?
Weekly or monthly checks are sufficient for long-term investors.
4. Will this fund suitable for short-term goals?
No. This fund is best suited for long-term wealth creation due to its high-risk profile.
5. Where can I see the fund’s factsheet?
You can download it directly from the SBI Mutual Fund Official Website.