SBI Nifty Next 50 Index Fund Direct Growth
NAV as on 22-04-2025
₹ 18.03
▲1.8%
1D
Inception Returns
16.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
7253 people have invested ₹ 5Cr in SBI Nifty Next 50 Index Fund Direct Growth in the last three months
About SBI Nifty Next 50 Index Fund Direct Growth
SBI Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 19 May, 2021. The fund is managed by Raviprakash Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Nifty Next 50 Index Fund Direct Growth has ₹1545 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
SBI Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 16.15% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.05% and 15.17% respectively.
Holdings
SBI Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Basic Materials, Consumer Cyclical, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Vedanta Ltd, Divi's Laboratories Ltd, Varun Beverages 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Nifty Next 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. 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 Nifty Next 50 Index Fund Direct Growth has no lock in period.
SBI Nifty Next 50 Index Fund Direct Growth Overview
| Expense ratio | 0.35% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹1545 Cr |
| Inception Date | 19 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 42.32% |
| STCG | Selling mutual fund 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 |
INDmoney Rank for SBI Nifty Next 50 Index Fund Direct Growth
Powered by IND quant engine
2
/12
100% Performance
4% Cost
2 out of 12 among Index-Nifty-Next-50
Low tracking error in the category
No bad points found for this fund.
Fund Distribution
as on (31-Mar-25)
Large cap
90%
Mid cap
9.8%
Sector Allocation
Financial Services
20.6%
Industrial
15.2%
Consumer Defensive
14.4%
Utilities
11%
Basic Materials
10.6%
Consumer Cyclical
9.9%
Health
5.9%
Energy
4.6%
Real Estate
3.5%
Communication
2.5%
Tech
1.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 10.48% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty Next 50 by 4.15% in Mar'25
- AUM of the fund stands at 1.5K Cr as of Mar'25
- AUM increased by 189.2 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Godrej Consumer Products Ltd's allocation increased from 1.85% to 2.51%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 3.59%
Vedanta Ltd's allocation increased from 3.27% to 3.56%
Top Stocks sold last month
Divi's Laboratories Ltd's allocation decreased from 3.4 % to 3.32 %
Varun Beverages Ltd's allocation decreased from 5.26 % to 3.28 %
Info Edge (India) Ltd's allocation decreased from 2.68 % to 2.52 %
Mid Cap allocation has gone down from 11.7% to 9.8%
Large Cap allocation has gone up from 88.4% to 90%
Cash allocation has gone up from -0.1% to 0.2%
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Mar'25
Financial Services
21%
Industrial
15%
Consumer Defensive
14%
Feb'25
Financial Services
24%
Industrial
14%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 InterGlobe Aviation Ltd | 4.54% | 5.4% | |
 Hindustan Aeronautics Ltd Ordinary Shares | 3.59% | 5.5% | |
 Vedanta Ltd | 3.56% | 5.5% | |
 Divi's Laboratories Ltd | 3.32% | 5.4% | |
 Varun Beverages Ltd | 3.28% | 5.6% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Nifty Next 50 Index Fund Direct Growth | 6.05% | 15.17% | - | 16.15% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 16.98% | 15.23% | 23.45% | 13.48% |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 10.06% | 20.7% | 32.81% | 25.46% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 10.01% | 12.59% | 22.96% | 13% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 8.5% |
 Interglobe Aviation Ltd | 6.4% |
 Varun Beverages Ltd | 3.5% |
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Raviprakash Sharma
Fund Manager of SBI Nifty Next 50 Index Fund Direct Growth, since 19 May 2021
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-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 Nifty Next 50 Index 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 16.15% since inception which is more than its category average return of 9.08%
Fund Allocations
This fund has an allocation of 99.83% in Equity, 0% in Debt and 0.17% in Cash related instruments
AUM size ₹1545 Cr
This fund has AUM of ₹1545 Cr which is more than its category average of ₹ 760 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.55%
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Frequently Asked Questions for SBI Nifty Next 50 Index Fund Direct Growth
The current NAV of SBI Nifty Next 50 Index Fund Direct Growth is ₹18.03 as on 22-Apr-2025.
Existing (Absolute + CAGR) as on 22-Apr-2025.
SBI Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.03% | 4.03% |
6 Month Returns | -10.54% | -10.54% |
1 Year Returns | 6.05% | 6.05% |
3 Years Returns | 52.75% | 15.17% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.35% as on March 2025
₹1545 Cr as on March 2025
InterGlobe Aviation Ltd(4.54%), Hindustan Aeronautics Ltd Ordinary Shares(3.59%), Vedanta Ltd(3.56%), Divi's Laboratories Ltd(3.32%), Varun Beverages Ltd(3.28%) as on March 2025
Financial Services(20.54%), Industrial(15.16%), Consumer Defensive(14.37%) as on March 2025
The alpha ratio for the SBI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty Next 50 Index Fund Direct Growth | -0.41 | -0.36 | - |
As on March 2025
The alpha for SBI Nifty Next 50 Index Fund Direct Growth is calculated against Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty Next 50 Index Fund Direct Growth | 1 | 1 | - |
As on March 2025
The Beta for SBI Nifty Next 50 Index Fund Direct Growth is calculated with Nifty Next 50 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 Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth | -0 | 0.51 | - |
As on March 2025
The sharpe ratio for SBI Nifty Next 50 Index Fund Direct Growth is calculated with Nifty Next 50 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 Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth | 22.86 | 20.37 | - |
As on March 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.
Sortino ratio is 0.78 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Raviprakash Sharma is the fund manager of SBI Nifty Next 50 Index Fund Direct Growth
The Exit load of SBI Nifty Next 50 Index Fund Direct Growth is 0.25%