SBI Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 04-09-2024
₹ 123.91
Inception Returns
17.5%
/yr
About the Fund
SBI Flexicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Srinivasan, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Flexicap Fund Direct Growth has ₹22816 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Flexicap Fund Direct Growth has given a CAGR return of 17.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.43%, 15.30% and 20.16% respectively.
Holdings
SBI Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Energy, Tech, Communication, Consumer Defensive, Government, Health, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Kotak Mahindra Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of SBI Flexicap Fund Direct Growth
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. SBI Flexicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
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5678 people have invested ₹ 3.7Cr in SBI Flexicap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
18
/19
20% Performance
33% Risk Management
55% Cost
18 out of 19 among flexi cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Underperforms benchmarks during bull run
Fund Overview
| Expense ratio | 0.82% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹22816 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 55.7% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
53%
Mid cap
23.5%
Small cap
16.6%
Sector Allocation
Financial Services
26.1%
Consumer Cyclical
16.2%
Industrial
12.9%
Basic Materials
10.8%
Energy
8%
Tech
7.4%
Communication
6.4%
Consumer Defensive
5.9%
Health
3.7%
Utilities
2.5%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.04% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.51% in Jul'24
- AUM of the fund stands at 22.8K Cr as of Jul'24
- AUM increased by 825.3 Cr between Jul'24 and Jun'24
Top Stocks bought last month
State Bank of India's allocation increased from 1.16% to 2.63%
Indus Towers Ltd Ordinary Shares's allocation increased from 0.04% to 1.33%
Torrent Power Ltd's allocation increased from 0.64% to 1.23%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.99 % to 5.68 %
Reliance Industries Ltd's allocation decreased from 5.9 % to 5.47 %
Kotak Mahindra Bank Ltd's allocation decreased from 6.12 % to 4.82 %
Mid Cap allocation has gone down from 24.2% to 21.5%
Large Cap allocation has gone down from 54.4% to 51.9%
Cash allocation has gone down from 5.4% to 1.6%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
26%
Consumer Cyclical
16%
Industrial
13%
Jun'24
Financial Services
28%
Consumer Cyclical
16%
Industrial
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Voltas Ltd | 24.7% |
 Tips Industries Ltd | 22% |
 Infosys Ltd | 10.8% |
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R. Srinivasan
Fund Manager of SBI Flexicap Fund Direct Growth, since 1 January 2022
Top funds managed
Mohit Jain
Fund Manager of SBI Flexicap Fund Direct Growth, since 1 January 2022
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹5.17L Cr
as on 31-Jul-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 29.99% return, outperforming this fund by 14.69% per annum.
Over the last 3 months, this fund has decreased expense ratio by 3.5% moving from 0.85 to 0.82.
In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 61.78% return, outperforming this fund by 30.35%.
Over the last 1 month, this fund has experienced a 3.8% growth in AUM moving from 21.99K Cr to 22.81K Cr.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.15%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 38.4% return, outperforming this fund by 18.24% per annum.
SBI Flexicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.52% since inception which is less than its category average return of 22.17%
Fund Allocations
This fund has an allocation of 98.35% in Equity, 0% in Debt and 1.65% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 8666 Cr
Expense Ratio 0.82%
This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of SBI Flexicap Fund Direct Growth is ₹123.91 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
SBI Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.09% | 2.09% |
6 Month Returns | 15.91% | 15.91% |
1 Year Returns | 31.43% | 31.43% |
3 Years Returns | 53.27% | 15.3% |
5 Years Returns | 150.54% | 20.16% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.82% as on August 2024
₹22816 Cr as on August 2024
HDFC Bank Ltd(5.68%), Reliance Industries Ltd(5.47%), Kotak Mahindra Bank Ltd(4.82%), Infosys Ltd(3.68%), Larsen & Toubro Ltd(3.04%) as on August 2024
Financial Services(25.66%), Consumer Cyclical(15.97%), Industrial(12.73%) as on August 2024
The alpha ratio for the SBI Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Flexicap Fund Direct Growth | -3.31 | -1.1 | -1.52 |
As on August 2024
The alpha for SBI Flexicap Fund Direct Growth is calculated against S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Flexicap Fund Direct Growth | 0.9 | 0.84 | 0.93 |
As on August 2024
The Beta for SBI Flexicap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Flexicap Fund Direct Growth | 2.19 | 0.84 | 0.83 |
As on August 2024
The sharpe ratio for SBI Flexicap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Flexicap Fund Direct Growth | 10.24 | 11.25 | 17.91 |
As on August 2024
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.
Sortino ratio is 1.53 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Srinivasan, Mohit Jain are the fund managers of SBI Flexicap Fund Direct Growth
The Exit load of SBI Flexicap Fund Direct Growth is 0.1%