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

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

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Equity
Direct
Index Funds
NAV: ₹ 16 as on 28-02-2024
Fund Performance
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26 people have invested ₹ 17.5K in SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

About the SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

SBI Nifty Next 50 Index Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl has ₹669 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

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

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹669 Cr
Inception Date
Inception Date
19 May, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
--/₹500
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
47%

SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Jan-24)

  • Equity 100%

Size breakup

Large cap
89.1%
Mid cap
11%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
20.9%
Industrial
17.3%
Basic Materials
15.6%
Consumer Defensive
13.6%
Consumer Cyclical
11.6%
Utilities
9.8%
Energy
3.2%
Real Estate
3.1%
Health
2.5%
Communication
2.3%

Top Holdings of SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Jan-24)

  • Equity

Equity Holdings50

SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
3.64%
11.06%
9.20%
Nifty Next 50
-0.07%
7.22%
6.02%
  • This fund’s returns stands at 3.64% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -0.07% as on Jan'24
  • This fund outperformed Nifty Next 50 by 3.71% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 668.6 Cr
₹ 623.7 Cr
₹ 555 Cr
  • AUM of the fund stands at 668.6 Cr as of Jan'24
  • AUM increased by 44.9 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Jan

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

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

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

Risk meter
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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 19.01% since inception which is less than its category average return of 20.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.05% in Equity, 0% in Debt and -0.05% in Cash related instruments
AUM size ₹669 Cr

AUM size ₹669 Cr

This fund has AUM of ₹669 Cr which is more than its category average of ₹ 662 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions

The current NAV of SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹16 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
9.02%
9.02%
6 Month Returns
34.28%
34.28%
1 Year Returns
59.67%
59.67%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.34% as on January 2024
₹669 Cr as on January 2024
Shriram Finance Ltd(4.12%), Trent Ltd(4.09%), Bharat Electronics Ltd(4%), Tata Power Co Ltd(3.97%), Hindustan Aeronautics Ltd Ordinary Shares(3.37%) as on January 2024
Financial Services(20.9%), Industrial(17.35%), Basic Materials(15.57%) as on January 2024
The alpha ratio for the SBI Nifty Next 50 Index Fund Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
-0.3
-
-
As on January 2024
The alpha for SBI Nifty Next 50 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
1
-
-
As on January 2024
The Beta for SBI Nifty Next 50 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
1.84
-
-
As on January 2024
The sharpe ratio for SBI Nifty Next 50 Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
16.12
-
-
As on January 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.
Raviprakash Sharma is the fund manager of SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Nifty Next 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0.25%