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SBI Mutual Fund has launched SBI Energy Opportunities Fund, an open ended thematic fund investing in energy theme.
The fund would invest in companies that are engaged in activities such as exploration, production, distribution, transportation and processing of traditional and new energy.
In a press release, Samsher Singh, MD and CEO, SBI MF said, “The energy sector is a multi-decade Atmanirbhar Bharat story as the country moves from being energy deficient to self-sufficient. As the largest fund house in the country, we believe the time for funds like SBI Energy Opportunities Fund is apt as they aim to capitalise and provide investors benefits from a theme which at an inflection point.”
DP Singh, Deputy MD & Joint CEO, SBI MF said, “The fund is an opportunity to participate in the growth of the India Energy sector. Investors who believe and seek to leverage this growth journey should look at investing in the fund in line with their risk profile and portfolio needs.”
The fund managers of the fund are Raj Gandhi and Pradeep Kesavan.
