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SBI Innovative Opportunities Fund - NAV, Returns, Investment Objective & How to Invest | Allvest

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Comprehensive guide to SBI Innovative Opportunities Fund. Check latest NAV, investment objective, fund manager details, returns since inception, minimum SIP amount, and how to invest through Allvest.

Investment Objective and Approach

The scheme seeks to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from the adoption of innovative strategies & theme.

The fund focuses on investing in companies that are leveraging innovative technologies and business models across various sectors. The fund targets disruptions across sectors like Automobiles, Financial Services, Energy, Media & Entertainment, Technology, Healthcare, E-commerce and Industrials due to innovation. The collaboration between a proactive government and the private sector has fostered new startups which are built on innovation.

Key investment themes include:

- AI, EVs, blockchain, medtech, and more

- Digital transformation companies

- Startup ecosystem beneficiaries

- Technology-driven businesses

The Nifty 500 TRI serves as the fund's benchmark.

Fund Managers

Prasad Padala is the Current Fund Manager of SBI Innovative Opportunities Fund Direct Growth fund. He has an overall 15 years of experience. He worked for the past 11 years in the area of financial services and 4 years before that in the software industry. Prior to the current role as a fund manager, Prasad has worked as an equity analyst at SBIFML from September 2017 to August 2023 and an external consultant from August 2023 to February 2024 handling equity research.

His professional background includes:

- B.Tech and MBA qualifications

- Prior experience with HSBC Securities and Capital Markets India Ltd. and HSBC Electronic Data Processing India Pvt. Ltd.

- Experience with Elara Securities Private Limited, Accenture Solutions Private Limited and Morgan Stanley India Private Limited

About the Fund House (AMC)

With 30 years of rich experience in fund management, SBI Funds Management Ltd. (SBIFML) bring forward their expertise by consistently delivering value to their investors. They have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank.

Key highlights of SBI Mutual Fund:

- They are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies, SBI currently holds 63% stake in SBIFMPL.

- AUM size of Rs. 11,45,315 Cr as on 30, Jun 2025. SBI Mutual Fund has total of 780 schemes.

- They have been actively managing their investor's assets not only through investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.

- Launched as a joint venture between State Bank of India (SBI) and AMUNDI of France which is an asset management company, way back in 1987.

Should I Invest in SBI Innovative Opportunities Fund?

This fund is suitable for investors seeking:

Risk Profile: The SBI Innovative Opportunities Fund Direct Growth is rated Very High risk.

Investment Considerations:

- Long-term capital appreciation through innovation theme

- High-risk tolerance for potentially volatile returns

- Belief in India's innovation and startup ecosystem growth

- India's position among the fastest growing economies with innovation as a central piece for a Viksit Bharat. Government initiatives like Start up India, the Atal Innovation Mission and India stack aim to create a culture of innovation from school to industry. A thriving startup and funding ecosystem, strong digital infrastructure along with a large consumer market provide favourable tailwinds.

Current Performance Metrics:

- AUM of ₹7562.32 Cr as of 23rd July 2025

- Expense ratio of 0.65 as of 23rd July 2025

- Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000.

- Exit load of 1%, if redeemed within 1 year.

Tax Implications:

- If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

FAQs

What is today's NAV of SBI Innovative Opportunities Fund?

The Latest NAV as of 22 Aug 2025 is ₹9.98.

What is the AUM of SBI Innovative Opportunities Fund?

The AUM of SBI Innovative Opportunities Fund is ₹7562.32 Cr as of 5th August 2025.

What is the expense ratio of SBI Innovative Opportunities Fund?

The expense ratio of SBI Innovative Opportunities Fund Plan is 0.65 as of 5th August 2025.

What are the returns of SBI Innovative Opportunities Fund since inception?

SBI Innovative Opportunities Fund Direct-Growth scheme return performance is -1.79% since scheme launch.

What is the minimum SIP amount to invest in SBI Innovative Opportunities Fund?

The min. SIP amount to invest in this scheme is ₹500.

How do I invest in SBI Innovative Opportunities Fund?

You can invest in SBI Innovative Opportunities Fund through Allvest's platform by starting an SIP or making a lump sum investment with zero commission fees.

How to start a SIP in SBI Innovative Opportunities Fund?

Visit Allvest's website, select the fund, choose SIP option, enter your monthly investment amount (minimum ₹500), and complete the KYC process to start your SIP.

How do I automate an SIP in SBI Innovative Opportunities Fund?

After setting up your SIP through Allvest, you can automate monthly deductions by providing bank mandate authorization for seamless monthly investments.

How can I withdraw/redeem my investment in SBI Innovative Opportunities Fund?

You can redeem your investment through Allvest's platform by placing a redemption request. Exit load of 1%, if redeemed within 1 year.