SBI Automotive Opportunities Fund NFO Review | Investing in India's Automotive sector| SBI NFO 2024

SBI Mutual Fund has launched a new fund offer (NFO), SBI Automotive Opportunities Fund on 17th May 2024. This is a fund which will invest in stocks from sectors such as auto anciliary, auto manufacturers and exporters and electric vehicles

In this video, I'm Maneesh Taneja from ZFunds, discussing the SBI Automotive Opportunities Fund - 2024 and tells us how we invest in automotive funds and is this the right fund for you?. Lets see the details :

Fund Managers : The fund managers of this fund are Raj Gandhi and Pradeep Kesavan.

Launch date : The NFO will remain open for subscription till 31st May 2024. In this article, we will review this NFO.

Min Investment Amount : Rs.5000 in one time and Rs.1000 in SIP

Why Invest :

Growing per capita income and a young and growing working age population have contributed to India becoming the 4th largest automobile market in the world in terms of domestic sales. Also, India ranks as the 3rd largest automobile industry in the world in terms of production. The share of the automotive sector to India’s GDP has risen to 7.1% as of February 2023 from a mere 2.8% in 1992! This growth has also led to a positive spillover effect on the auto ancillary sector whose turnover has grown from US$ 39.05 billion in FY2016 to US$ 69.70 billion* in FY2023.

Income Growth: In the US, the number of cars per 1000 people is 860, in Germany it is 627 whereas in China the number is 223. In contrast, India still has around 34 cars per 1000 people.

EV Market Evolution: The EV (Electric Vehicle) market in India is forecasted to expand from $5.61 billion in 2023 to $37.7 billion by 2028, (Source: Mordorintelligence).

Government Policies and Initiatives: Policies like the Production Linked Incentive (PLI) scheme, 100% FDI allowance, Automotive Mission Plan (AMP) 2016-26, Vehicle Scrappage Policy (Launched in 2021), and Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) scheme are expected to drive industry growth and innovation.

#SBI #SBIMutualFund #SIP #ZFunds

00:00 - 02:25- Introduction and Importance of Automotive
02:26 - 03:20- Potential in Automotive Sector
03:21 - 03:37 - 3rd largest Automotive market
03:38 - 04:03 - India in 2030.
04:04 - 04:39 - How can we get profit from Automotive Sector.
04:40 - 05:08 - Automotive sector Returns and profit calculation
05:09- 05:42 - Best Fund for this Sector.
05:43 - 06:36 - Investment Universe & Portfolio construction strategy for this fund.
06:37 - 06:56 - How to invest in this fund

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☎️ Call or Whatsapp our helpline: and past performance is not indicative of future results. Please seek professional financial advice before making any investment decisions. This video is for informational purposes only.

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[zfunds]

SBI Automotive Opportunities Fund NFO 💰Get Free Advice from India's top experts and invest in the right Mutual Funds for you. 🚀💰

[mrinmoylaha]

Is it good for lumpsum investment in this high market? Plz advise. Thnx

[cutebabyanshikavlogs]

🙏👌 बहुत ही शानदार तरीके से समझाया सर आपने थैंक यू सर

सर एक सवाल है आपसे सर आप बताते एसबीआई बैंक से हेल्थ इंश्योरेंस और टर्म इंश्योरेंस ले सकते हैं क्या और ले सकते हैं तो कौन सा बेस्ट रहेगा सर स्पेशल एसबीआई बैंक से बताना सर टर्म इंश्योरेंस और हेल्थ इंश्योरेंस के बारे में plz sir🙏

[anualex-mr]

Sir es me lage amount invest karna tek he ki nahi

[bapanmandal]

Sir sip vs lumsum which is better 5 years

[Bijoy]

Sir, maine ajjj isss fund pe 1 Lakh invest kar deya isme risk tho nahi hai yea mara 1st investment hai.

[gkkrishna]

Good explanation thanks sir 👍 gkkrish 👍👍

[aarti]

Sir mne sbi automative opportunity fund me 2 bar 25 k invest kiya bt dono bar rupees sbi overnight fund me chle gye esa q..plz bataiye

[amitkumarjaiswal]

Kya isme monthly basis pe sip ho sakta hai

[sumanakandula]

Sir ..which is better lumpsum or sip to unvest n above NFO

[sanjeevthakur]

Sir good morning, i also invested in this NFO.
I tried to withdraw some amount, but now fund redemption not possiblein this fund msg comes

[SKMangotra]

Sir I invest 10lkhs is right decision after 15yr I ger

[ShakilAhmed-tjtt]

Sir iss fund m Rs 500/- se star kiya baad m kiya iss amount ko bada sakte h kiya

[Jayvirrathod]

Pls sir, review my portfolio

1. Quant small cal fund - 1000
2. Nippon india grow fund - 1000
3. ICICI Prudential Large and Midcap Fund - 1000
4. QUANT Flexicap fund - 1000
5. HDFC balance advantage fund - 1000

Pls review my portfolio
My age is 28, this portfolio for 15 years.

Thank you