SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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

  1. SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹1073 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 25.07% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 67.49% and 24.12% respectively.

Holdings

SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Utilities, Energy, Real Estate, Communication, Health. Its top holdings are Trent Ltd, Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Power Co Ltd, Power Finance Corp 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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl

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 0.00 and for SIP is INR 0.00. SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
24 people have invested ₹ 1.2L in SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.33%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹1073 Cr
Inception Date19 May, 2021
Min Lumpsum/SIP--/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
47%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.8%

  • Debt & Cash 0.2%

Large cap
89.4%

Mid cap
10.5%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
22%
Industrial
21.5%
Consumer Cyclical
13.6%
Basic Materials
12.7%
Consumer Defensive
11.1%
Utilities
8.9%
Energy
2.8%
Real Estate
2.4%
Communication
2.4%
Health
2.4%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 19 May 2021

SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl 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 25.07% since inception which is more than its category average return of 23.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.84% in Equity, 0% in Debt and 0.16% in Cash related instruments
AUM size ₹1073 Cr

AUM size ₹1073 Cr

This fund has AUM of ₹1073 Cr which is more than its category average of ₹ 803 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹20.05 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.86%
2.86%
6 Month Returns
35.01%
35.01%
1 Year Returns
67.49%
67.49%
3 Years Returns
91.23%
24.12%
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.
0.33% as on June 2024
₹1073 Cr as on June 2024
Trent Ltd(5.54%), Bharat Electronics Ltd(5.03%), Hindustan Aeronautics Ltd Ordinary Shares(4.52%), Tata Power Co Ltd(3.42%), Power Finance Corp Ltd(3.23%) as on June 2024
Financial Services(21.95%), Industrial(21.46%), Consumer Cyclical(13.62%) as on June 2024
The alpha ratio for the SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-0.35
-0.35
-
As on June 2024
The alpha for SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
1
1
-
As on June 2024
The Beta for SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
3.18
1.02
-
As on June 2024
The sharpe ratio for SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
13.97
16.92
-
As on June 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 1.81 as on June 2024. 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 Payout Inc Dist cum Cap Wdrl
The Exit load of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0.25%