November 7, 2022
mayank
SBI International Access – US Equity FoF
NAV Growth: Rs 10.4873
NAV IDCW: Rs 10.4877
Suitable For Which Investors?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation by investing in units of one or more mutual fund schemes / ETF, which are domiciled overseas and predominantly invest in US markets.
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 22-Mar-21 |
| Return Since Launch | 2.98% |
| Benchmark | S&P 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 833 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.93% |
| (As on 30-Sep-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
SBI International Access – US Equity FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Intl Access-US Eqt FoF Dir | -13.82 | 1.65 | 0.34 | -7.32 | -6.87 | -12.68 | — | — | — | — |
| S&P BSE 500 TRI | 5.33 | 0.28 | 3.92 | 4.71 | 9.09 | 2.73 | — | — | — | — |
SBI International Access – US Equity FoF Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Intl Access-US Eqt FoF Dir | Unrated | -12.68 | — | — | 0.93 | 833 | 2.98 | 1.00 (365) | 1yrs 7mo | 8.00 |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | -24.75 | 15.68 | — | 0.10 | 3,088 | 17.55 | — | 3yrs 11mo | — |
| Franklin Ind Feeder Franklin US Opp Dir | Unrated | -34.13 | 8.39 | 11.53 | 0.50 | 2,803 | 14.65 | 1.00 (365) | 9yrs 10mo | 2.44 |
| Motilal Oswal S&P 500 Index Fund Dir | Unrated | -10.80 | — | — | 0.51 | 2,275 | 14.07 | 1.00 (15) | 2yrs 6mo | 10.00 |
| ICICI Pru US Bluechip Eqt Dir | Unrated | -11.41 | 11.64 | 14.56 | 1.22 | 2,160 | 15.33 | 1.00 (30) | 9yrs 10mo | 78.00 |
Chanakya’s Mutual Fund Guidance For SBI International Access – US Equity FoF
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi