SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 12.4 as on 21-09-2023
Fund Performance
13 people have invested ₹ 34.2K in SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months
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
- SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹506 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.3.
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.34% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹506 Cr |
 | 19 May, 2021 |
 | ₹0/₹0 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 47% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
87%
Mid cap
12.9%
Sector Allocation
Basic Materials
20.4%
Financial Services
18.9%
Industrial
18.5%
Consumer Defensive
16.7%
Utilities
8%
Consumer Cyclical
7.2%
Communication
3.7%
Energy
2.7%
Real Estate
2.5%
Health
1.4%
Top Holdings of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings50
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -1.86% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty Next 50 by 0.57% in Aug'23
AUM Change
- AUM of the fund stands at 505.7 Cr as of Aug'23
- AUM decreased by 6.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 15.2% |
 Varun Beverages Ltd | 12.3% |
 Havells India Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
 Vedanta Ltd | -16.1% |
 Info Edge (India) Ltd | -7% |
 Bank of Baroda | -6.9% |
Peer Analysis
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Raviprakash Sharma
Fund Manager of SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 19 May 2021
Top funds managed
Fund 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 9.99% since inception which is less than its category average return of 14.75%
Fund Allocations
This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.1% in Cash related instruments
AUM size ₹506 Cr
This fund has AUM of ₹506 Cr which is less than its category average of ₹ 560 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% 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 ₹12.39 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
SBI Nifty Next 50 Index Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.44% | 4.44% |
6 Month Returns | 21.82% | 21.82% |
1 Year Returns | 2.21% | 2.21% |
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.
0.34% as on August 2023
₹506 Cr as on August 2023
Bharat Electronics Ltd(3.88%), Cholamandalam Investment and Finance Co Ltd(3.6%), Pidilite Industries Ltd(3.12%), Godrej Consumer Products Ltd(3.09%), Hindustan Aeronautics Ltd Ordinary Shares(2.97%) as on August 2023
Basic Materials(20.37%), Financial Services(18.93%), Industrial(18.49%) as on August 2023
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 | - | - |
As on August 2023
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 | - | - |
As on August 2023
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 | -0.25 | - | - |
As on August 2023
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 | 14.72 | - | - |
As on August 2023
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 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%