SBI Nifty Next 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 63.83 | N/A | N/A | N/A |
Average Rolling Returns(%) | 15.20 | N/A | N/A | N/A |
The Current NAV of SBI Nifty Next 50 Index Fund - Growth - Direct Plan is ₹18.51.
It is better to invest in a fund with a longer track record as SBI Nifty Next 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY NEXT 50, as the Funds portfolio is similar to its benchmark.
SBI Nifty Next 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.33%
The process for redemption is
The AUM of SBI Nifty Next 50 Index Fund - Growth - Direct Plan is currently ₹827 Crores.
The Top three stocks are Trent, Bharat Electronics and Tata Power and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 36% of fund’s portfolio respectively.
Top three sectors of SBI Nifty Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 52% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Nifty Next 50 it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of SBI Nifty Next 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty Next 50.
Raviprakash Sharma manages the SBI Nifty Next 50 Index Fund - Growth - Direct Plan Fund.
SBI Nifty Next 50 Index Fund - Growth - Direct Plan current PE ratio is 55.90 and PB ratio is 12.29
The asset allocation of SBI Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 99.94%, Debt : 0.08% and Gold : 0%
The minimum SIP amount for SBI Nifty Next 50 Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for SBI Nifty Next 50 Index Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days