SBI BSE Sensex Index Fund Direct Growth

SBI BSE Sensex Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 13-03-2025

₹ 12.02

-0.3%

1D

Inception Returns

10.6%

/yr

About SBI BSE Sensex Index Fund Direct Growth

SBI BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 18 May, 2023. The fund is managed by Raviprakash Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI BSE Sensex Index Fund Direct Growth has ₹238 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

SBI BSE Sensex Index Fund Direct Growth has given a CAGR return of 10.63% since inception. Over the last 1 year the fund has given a CAGR return of 2.39%.

Holdings

SBI BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Industrial, Communication, Basic Materials, Utilities, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI BSE Sensex Index Fund Direct Growth

The investment objective of the scheme is to replicate the composition of the S&P BSE Sensex Index and to generate returns that are commensurate with the performance of the S&P BSE Sensex Index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI BSE Sensex Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
588 people have invested ₹ 29.7L in SBI BSE Sensex Index Fund Direct Growth in the last three months

SBI BSE Sensex Index Fund Direct Growth Overview

Expense ratio0.22%
Benchmark
S&P BSE SENSEX TR INR
AUM₹238 Cr
Inception Date18 May, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
9.39%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Jan-25)

  • Equity 100%

Large cap
99.3%

Mid cap
0.8%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
40%
Tech
14.4%
Energy
9.6%
Consumer Cyclical
9.4%
Consumer Defensive
7.5%
Industrial
5.3%
Communication
4.9%
Basic Materials
3.8%
Utilities
3.1%
Health
2%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-2.12%
0.54%
Nifty 50
-2.60%
-0.71%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 238.4 Cr
₹ 245.1 Cr
₹ 241.8 Cr
  • AUM of the fund stands at 238.4 Cr as of Feb'25
  • AUM decreased by 6.8 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 9.05% to 9.5%
Reliance Industries Ltd's allocation increased from 9.05% to 9.5%
Bajaj Finance Ltd's allocation increased from 2.09% to 2.44%
Bajaj Finance Ltd's allocation increased from 2.09% to 2.44%
Maruti Suzuki India Ltd's allocation increased from 1.58% to 1.8%
Maruti Suzuki India Ltd's allocation increased from 1.58% to 1.8%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 14.76 % to 14.27 %
HDFC Bank Ltd's allocation decreased from 14.76 % to 14.27 %
ICICI Bank Ltd's allocation decreased from 9.96 % to 9.81 %
ICICI Bank Ltd's allocation decreased from 9.96 % to 9.81 %
Larsen & Toubro Ltd's allocation decreased from 4.64 % to 4.63 %
Larsen & Toubro Ltd's allocation decreased from 4.64 % to 4.63 %
Mid Cap allocation has gone up from 0.7% to 0.8%
Mid Cap allocation has gone up from 0.7% to 0.8%
Large Cap allocation has gone up from 99.1% to 99.3%
Large Cap allocation has gone up from 99.1% to 99.3%
Cash allocation has gone down from 0% to -0%
Cash allocation has gone down from 0% to -0%

Top 3 Sectors in February were Financial Services, Tech & Consumer Cyclical

Feb'25
Financial Services
40%
Tech
14%
Energy
10%
Jan'25
Financial Services
38%
Tech
15%
Consumer Cyclical
10%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
0.7%
Bajaj Finance Ltd
Bajaj Finance Ltd
0.3%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
33
32
32
Top 5 Company Concentration
45.9%
46.2%
46.3%
Company having highest exposure
HDFC Bank Ltd (14.3%)
HDFC Bank Ltd (14.8%)
HDFC Bank Ltd (14.7%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
80.5%
80.4%
79.1%
Sector having highest exposure
Financial Services (37.8%)
Financial Services (38%)
Financial Services (38.2%)
Loading...
We are taking more time than usual
Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI BSE Sensex Index Fund Direct Growth, since 18 May 2023
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.67L Cr
as on 31-Jan-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI BSE Sensex Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.63% since inception which is more than its category average return of 4.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.02% in Equity, 0% in Debt and -0.02% in Cash related instruments
AUM size ₹238 Cr

AUM size ₹238 Cr

This fund has AUM of ₹238 Cr which is less than its category average of ₹ 724 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions for SBI BSE Sensex Index Fund Direct Growth

The current NAV of SBI BSE Sensex Index Fund Direct Growth is ₹12.02 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
SBI BSE Sensex Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.05%
-3.05%
6 Month Returns
-10.77%
-10.77%
1 Year Returns
2.39%
2.39%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.22% as on February 2025
₹238 Cr as on February 2025
HDFC Bank Ltd(15.42%), ICICI Bank Ltd(9.99%), Reliance Industries Ltd(9.56%), Infosys Ltd(7.18%), Bharti Airtel Ltd(4.95%) as on February 2025
Financial Services(40%), Tech(14.41%), Energy(9.56%) as on January 1
The alpha ratio for the SBI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI BSE Sensex Index Fund Direct Growth
-0.32
-
-
As on February 2025
The alpha for SBI BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI BSE Sensex Index Fund Direct Growth
1
-
-
As on February 2025
The Beta for SBI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI BSE Sensex Index Fund Direct Growth
-0.34
-
-
As on February 2025
The sharpe ratio for SBI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI BSE Sensex Index Fund Direct Growth
12.33
-
-
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Raviprakash Sharma is the fund manager of SBI BSE Sensex Index Fund Direct Growth
The Exit load of SBI BSE Sensex Index Fund Direct Growth is 0.2%