2020 has been a tough year for all. This year we all witnessed pandemic leading to economic slowdown and phases of recession. While many faced financial burden due to uncertainty; this year also made us realize the importance of being financially secure through investments and the habit of maintaining an emergency fund.
Here are the top 3 mutual fund schemes of SBI that outperformed in this year :-
1. SBI HEALTHCARE OPPORTUNITIES FUND
This is an equity sectoral fund investing above 95% in Healthcare Industry. Some of the major holdings of this fund are - Sun Pharmaceuticals, Cipla Ltd, Aurobindo Pharma, Reddy's Laboratories Ltd. The Fund Manager of this scheme is Mr. Tanmay Desai with an experience of managing this fund since 1 June 2011. Risk parameter of this scheme is high due to major investment in equity and that too being sector specific. Sharpe ratio is 1.43 which is good in terms of return as compared to the risk.
2. SBI GOLD FUND
This is a gold fund investing above 99% in ETF Gold. Exit load before 1 year is about 1% while above 1 year it is NIL. This fund is managed by Mr. RaviPrakash Sharma with an experience of approx. 9 yrs. The risk involved is moderately high. Gold being a metal class and safer investment avenue tend to perform better in recession keeping fund safe and value restored. Sharpe ratio is 1.68 which is good in terms of return as compared to the risk.
3. SBI TECHNOLOGIES OPPORTUNITIES FUND
This is an equity sectoral fund investing above 95% in Technology & Communication Industry. Some of the major holdings are- Infosys Ltd, Tata Consultancy Services, Tech Mahindra, HCL Technologies Ltd., Bharti Airtel. Exit load before 15 days will make you pay 0.5% Of fund value, while after 15 days it is NIL. Mr. Anup Upadhyay manages this fund since June 1 2011 which counts to an experience of about 10 yrs. The risk involved is high due to major investment in equity and that too sector specific. Sharpe ratio is about 0.38 which is not so good in terms of risk rate parity.
These three funds performed extremely well and gave high returns due to pandemic creating more investment by government in healthcare, technology and gold to safeguard people and economy.
Watch full video on Youtube :-
https://youtu.be/fIwQuKx0_7Q
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