February 15, 2023
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Guidance for SBI Dividend Yield Fund NFO
by Paresh Gordhandas, C.A., Research Analyst.
Upcoming Soon
SBI Dividend Yield Fund NFO
NFO opens on February 20, 2023
NFO will close on March 06, 2023
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The scheme seeks to provide investors with opportunities for capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
Basic Details
| Fund House | SBI Mutual Fund |
| Issue Open | 20 February 2023 |
| Issue Close | 06 March 2023 |
| Type | Open-ended |
| Category | Equity: Thematic-Dividend Yield |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
About Benchmark Index
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -3.32 | -3.32 | 0.09 | 9.02 | 10.10 |
| Total Return | -3.30 | -3.30 | 1.28 | 10.29 | 11.83 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 17.04 | 18.85 | 22.78 |
| Beta (NIFTY 50) | 0.98 | 0.96 | 0.93 |
| Correlation (NIFTY 50) | 0.98 | 0.99 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 21.76 | 3.94 | 1.37 |
Fund Manager
1) Mohit Jain
Education: Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience: Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
Past Performance of his Schemes
| Fund | SBI Multicap Fund – Regular Plan | It’s Benchmark | SBI Long Duration Fund – Regular Plan | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
2) Rohit Shimpi
Education: Mr. Shimpi is a B. Com., PGDBM (Finance), CFA.
Experience: Prior to joining SBI Mutaul Fund, he has worked with CNBC TV18, JP Morgan’s offshore research centre and HDFC Standard Life Insurance.
Past Performance of his Schemes
| Fund | SBI Retirement Benefit Fund – Aggressive Hybrid Plan – Regular Plan | It’s Benchmark | SBI Retirement Benefit Fund – Aggressive Plan – Regular Plan | It’s Benchmark |
| 1 Year | 9.49 | 7.25 | 11.13 | 5.44 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
AMC:
SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai – 400051
Website: http://www.sbimf.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com