SBI Infrastructure Fund - Direct Plan - Growth Scheme

SBI Infrastructure Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - Infrastructure
52-week NAV high
17.01  (As on 28-05-2019)
52-week NAV low
13.23  (As on 26-10-2018)
Expense
1.99%  (As on 31-05-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.11 -7.34 -1.15 -1.81 -0.15 5.35 8.45 7.97 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 02, 2013
Last Dividend
NA
Minimum Investment
5000

SBI Funds Management Pvt. Ltd. is one of the most reputed and trustworthy mutual fund firms in India. It is the result of a successful merger between AMUNDI, a leading fund management firm and the State Bank of India (SBI). The firm caters to the investment needs of its customers via its 222 distribution centres located across the country.

SBI Funds Management offers services such as investments in Mutual Funds, investments in Offshore Funds and Alternative Investment Funds (AIF), and Portfolio Management and Advisory Services.

SBI Infrastructure Fund - Direct Plan - Growth Scheme is one of the open-ended equity plans offered by the firm. Since it is a direct plan, the investor will not be charged with any additional amount towards trail fees, distributor expenses, etc., and the plan’s NAV will be higher compared to a regular scheme. The scheme in concern has growth option wherein the investments made in such plans will be reinvested until the end of the scheme tenure and no short term income will be generated.

Investment Objective of SBI Infrastructure Fund - Direct Plan - Growth Scheme

The investment objective of the SBI Infrastructure Fund - Direct Plan - Growth Scheme is to generate capital growth over a long period by investing in equity funds of various firms that are directly or indirectly invested in the Indian infrastructure sector, debt funds, and money market securities.

Key Features of SBI Infrastructure Fund

Some of the significant features of the SBI Infrastructure Fund - Direct Plan - Growth Scheme are as indicated in the table below:

Type of fund

An open-ended equity scheme that invests the capital in infrastructure and infrastructure-related fields.

Plans available

  • Regular plan
  • Direct plan

Options under each plan

  • Growth
  • Dividend

Risk

High

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for SBI Infrastructure Fund - Direct Plan - Growth Scheme

The investment amount for SBI Infrastructure Fund - Direct Plan - Growth Scheme is as exhibited in the table below:

Minimum application amount

Rs.5,000 (in multiples of Rs.1)

Minimum additional investment

Rs.1,000 (in multiples of Rs.1)

Minimum installment for Systematic Investment Plan (SIP) [if SIP is available]

  • Monthly SIP:
    • Minimum investment amount is Rs.1,000 (in multiples of Rs.1) for a minimum period of 6 months
    • Minimum investment amount is Rs.500 (in multiples of Rs.1) for a minimum period of 12 months
  • Quarterly SIP:
    • Minimum investment amount is Rs.1,500 (in multiples of Rs.1) for a minimum period of 12 months
  • Semi-annual SIP:
    • Minimum investment amount is Rs.3,000 (in multiples of Rs.1) on a semi-annual basis.
    • The minimum number of instalments is 4.
  • Annual SIP:
    • Minimum investment amount is Rs.5,000 (in multiples of Rs.1) on an annual basis.
    • The minimum number of instalments is 4.
  • Weekly SIP
    • Minimum investment amount is Rs.1,000 (in multiples of Rs.1) on a weekly basis.
    • The minimum number of instalments is 6.

Minimum installment for Systematic Withdrawal Plan (SWP) [if SWP is available]

A minimum amount of Rs.500 can be withdrawn on a monthly, quarterly, weekly, half-yearly or on an annual basis.

Entry Load

N/A

Exit Load

  • In case the investor chooses to leave the scheme within 12 months from the date of asset allocation, the exit load applicable is 1% of the scheme’s NAV.
  • In case the investor chooses to leave the scheme after 12 months from the date of asset allocation, the exit load applicable is Nil.

Asset Allocation for SBI Infrastructure Fund - Direct Plan - Growth Scheme

The asset allocation for SBI Infrastructure Fund - Direct Plan - Growth Scheme is as shown in the below table:

Type of investment instrument

Maximum Asset Allocation (Percentage of total assets)

Minimum Asset Allocation (Percentage of total assets)

Risk Profile

Equity funds and instruments related to equity funds of various firms that are directly or indirectly invested in the Indian infrastructure sector

(this may include foreign instruments as well)

80%

100%

High

Equity funds and instruments related to equity funds

0%

20%

High

Shares that have been issued by REIT/InVIT

(adhering to the limits set by the SEBI/AMFI from time to time)

0%

10%

Medium to High

Debt securities (including

securitised debt)

0%

20%

Medium

Money Market Securities

0%

20%

Low

Who can Invest in SBI Infrastructure Fund - Direct Plan - Growth Scheme

Individuals seeking to generate capital growth over a long period by investing in equity funds of firms that are involved in the growth of Indian infrastructure can invest in the scheme.

NAV Disclosure and Benchmark for SBI Infrastructure Fund - Direct Plan - Growth Scheme

  • Benchmark index for the scheme - Nifty Infrastructure Index
  • NAV Disclosure for the scheme:
    • The scheme’s NAV will be calculated and disclosed on every business day.
    • The scheme’s NAV will be disclosed via press release and made available on the website of the Association of Mutual Funds of India (AMFI).
    • The scheme’s NAV will be published on the official website of SBI Mutual Funds.
    • The scheme’s NAV will be published in 2 of the daily circulated newspapers as per the SEBI Regulations, 1996. One of the newspapers should be an English daily circulated all over India and another should be a newspaper published in the regional language of the place where the head office of SBI Funds Management Pvt. Ltd. is located.
    • SBI Funds Management Pvt. Ltd. will update the scheme’s NAVs on the AMFI website by 9:00 p.m.
    • The investment portfolio of the scheme, as on the last day of month, will be disclosed on the Asset Management Companies (AMC’s) website, on or before the 10th of the following month.

SBI Infrastructure Fund - Direct Plan - Growth Scheme Manager

  • The SBI Infrastructure Fund - Direct Plan - Growth Scheme is being managed by Mr. Richard D’souza, aged 45 years. He has been managing the scheme since August 2014.
  • Mr. Mohit Jain, on the other hand, is the dedicated fund manager who manages overseas investments of schemes that mandates investments in overseas instruments.

Investment Restrictions of SBI Infrastructure Fund - Direct Plan - Growth Scheme

The Investment Restrictions of SBI Infrastructure Fund - Direct Plan - Growth Scheme are as follows:

  • The scheme cannot invest over 10% of its NAV in debt securities that comprise of money market securities and non-money market securities that have been issued by a single entity. The securities in such cases are rated above the investment grade by an authorised credit rating agency.
  • The scheme cannot invest over 10% of its NAV in un-rated debt securities that have been issued by a single entity. The total investment in such cases will not cross 25% of the scheme’s NAV.
  • The scheme should have the purchased/transferred securities in the name of SBI mutual Fund depending on the scheme invested in. This is applicable in case of investments made over a long period.
  • If the total inter-scheme investments made by all the schemes under the same or different AMC does not exceed 5% of the fund’s NAV, the scheme can invest in another scheme under the same or different AMC free of cost.
  • For the purpose of portfolio balancing and hedging, the mutual fund can take part in derivative transactions taking place in a reputed stock exchange in adherence to the norms issued by the board.
  • The scheme is not permitted to invest in any fund of funds scheme.
  • The scheme is not allowed to issue any kind of loan under any circumstances.

Dividend Policy of SBI Infrastructure Fund - Direct Plan - Growth Scheme

Dividends will not be declared under this scheme hence the dividend policy is not applicable to the SBI Infrastructure Fund - Direct Plan - Growth Scheme.

Other facilities under SBI Infrastructure Fund - Direct Plan - Growth Scheme

Some of the additional facilities offered under of SBI Infrastructure Fund - Direct Plan - Growth Scheme apart from the Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) are as follows:

  • Mode of Payment for SIP
  • The installments towards SIP can be made via the following payment modes:

  • Post Dated Cheque
  • The investor can avail the SIP facility by submitting a duly-filled and completed application form along with the necessary post dated cheques.

  • National Automated Clearing House (NACH) facility
  • The investor can make payment towards the SIP via the National Automated Clearing House (NACH) facility. To avail the NACH facility, the investor will need to submit a duly-filled SIP Registration cum mandate form to the AMC.

  • Bank Mandate facility
  • The investor can make the payment towards SIP by opting for the mandate facility at the bank that holds his/her account from which the amount has to be debited towards SIP installment. A photocopy of the cheque/cancelled cheque drawn from the respective bank should be submitted to the AMC in order to activate the facility.

  • Fixed-end Period SIP
  • Under this facility, the investors are given the opportunity to choose an additional period for SIP. The options available under the Fixed-end Period SIP facility are 3 years, 5 years, 10 years, and 15 years. The period opted under the facility will be added to the existing term of the SIP.

  • SIP Top-up facility
  • The SIP Top-up facility permits the investor to increase the installment paid towards SIP by a fixed amount at regular intervals.

  • Flex STP facility
  • The Flex STP lets the investors transfer the variable amounts linked to the investment value under the STP facility.

  • Swing STP facility
  • The investor on availing the Swing STP can choose to transfer a certain amount from the source scheme to a targeted scheme of SBI Mutual Funds on a regular basis at pre-fixed intervals and vice-versa. Via this facility, the targeted market value can be achieved on each transfer made in the targeted scheme.

  • Capital Appreciation Systematic Transfer Plan (CASTP)
  • Under the Capital Appreciation Systematic Transfer Plan, the investors can transfer the wealth created from the invested scheme to a targeted scheme that is open-ended in nature.

  • Switchover facility
  • Under the switchover facility, the shareholders can facilitate switchover between the 2 options available in the scheme at its NAV.

    There are three types of triggers available for the switchover facility:

    • NAV Appreciation/Depreciation Trigger
    • Index Level Appreciation/Depreciation Trigger
    • Capital Appreciation/Depreciation Trigger

    The above facilities will only be activated for the investor if he/she has completed the necessary formalities, submitted the requested documents, and adheres to the set guidelines for mutual fund schemes.

Why should you Invest in SBI Infrastructure Fund - Direct Plan - Growth Scheme

The following are the reasons why you should invest in SBI Infrastructure Fund - Direct Plan - Growth Scheme:

  • SBI Funds Management Pvt. Ltd. that offers the scheme is a leading AMC in the country with an overall experience of 30 years in the fund management sector. This being the case, the firm’s parent companies - AMUNDI, a leading fund management firm and the State Bank of India (SBI) serve as a strong backbone to the firm in any situation.
  • The fund managers are experienced and highly skilled individuals who use hi-tech platforms to manage the investment portfolios.
  • The scheme offers certain tax benefits adhering to the Indian Income Tax Act, 1961.
  • The scheme’s NAV is disclosed via various mediums such as newspapers, official websites of AMFI and SBI Mutual Funds, customer service centres, etc., making the whole process of investment and capital growth transparent.
  • The fund managers are amiable and offer expert advice in the investments to be made in order to enjoy maximum monetary benefits.
  • The scheme aims at generating capital growth for investors over a long period.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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