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(%) | 60.28 | 21.38 | N/A | N/A |
Average Rolling Returns(%) | 17.38 | N/A | N/A | N/A |
The Current NAV of SBI Nifty Next 50 Index Fund - Growth - Direct Plan is ₹20.14.
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 ₹922 Crores.
The Top three stocks are Bharat Electronics, Trent and Hindustan Aeron and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 37% 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 53% 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 57.94 and PB ratio is 13.15
The asset allocation of SBI Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 100.34%, Debt : -0.37% 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