SBI Nifty50 Equal Weight Index Fund Regular Growth
EquityIndex FundsVery High Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,075 Cr
Expense Ratio
1.02%
ISIN
INF200KA18Z7
Minimum SIP
-
Exit Load
No Charges
Inception Date
31 Jan 2024
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹11.84, Assets Under Management (AUM) of 1075.50 Crores, and an expense ratio of 1.02%.
- SBI Nifty50 Equal Weight Index Fund Regular Growth has given a CAGR return of 18.41% since inception.
- The fund's asset allocation comprises around 99.90% in equities, 0.00% in debts, and 0.10% in cash & cash equivalents.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+18.41%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,074.44 Cr | 99.90% |
| Others | ₹1.06 Cr | 0.10% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Oil & Natural Gas Corp Ltd | Equity | ₹25.19 Cr | 2.34% |
| Infosys Ltd | Equity | ₹24.39 Cr | 2.27% |
| Tata Motors Ltd | Equity | ₹24.38 Cr | 2.27% |
| HDFC Life Insurance Company Limited | Equity | ₹24.37 Cr | 2.27% |
| SBI Life Insurance Company Limited | Equity | ₹24.14 Cr | 2.24% |
| Bharat Petroleum Corp Ltd | Equity | ₹23.78 Cr | 2.21% |
| ITC Ltd | Equity | ₹23.55 Cr | 2.19% |
| NTPC Ltd | Equity | ₹23.2 Cr | 2.16% |
| Tata Consultancy Services Ltd | Equity | ₹22.99 Cr | 2.14% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹22.99 Cr | 2.14% |
| HCL Technologies Ltd | Equity | ₹22.83 Cr | 2.12% |
| Coal India Ltd | Equity | ₹22.4 Cr | 2.08% |
| Hindustan Unilever Ltd | Equity | ₹22.39 Cr | 2.08% |
| Dr Reddy's Laboratories Ltd | Equity | ₹22.35 Cr | 2.08% |
| LTIMindtree Ltd | Equity | ₹22.23 Cr | 2.07% |
| Grasim Industries Ltd | Equity | ₹22.2 Cr | 2.06% |
| UltraTech Cement Ltd | Equity | ₹22.06 Cr | 2.05% |
| Tech Mahindra Ltd | Equity | ₹21.91 Cr | 2.04% |
| Tata Consumer Products Ltd | Equity | ₹21.86 Cr | 2.03% |
| Divi's Laboratories Ltd | Equity | ₹21.83 Cr | 2.03% |
| Maruti Suzuki India Ltd | Equity | ₹21.78 Cr | 2.03% |
| Britannia Industries Ltd | Equity | ₹21.75 Cr | 2.02% |
| Asian Paints Ltd | Equity | ₹21.72 Cr | 2.02% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹21.7 Cr | 2.02% |
| Power Grid Corp Of India Ltd | Equity | ₹21.4 Cr | 1.99% |
| Larsen & Toubro Ltd | Equity | ₹21.4 Cr | 1.99% |
| Bharti Airtel Ltd | Equity | ₹21.22 Cr | 1.97% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹21.15 Cr | 1.97% |
| Wipro Ltd | Equity | ₹21.14 Cr | 1.97% |
| Eicher Motors Ltd | Equity | ₹20.92 Cr | 1.94% |
| State Bank of India | Equity | ₹20.85 Cr | 1.94% |
| Reliance Industries Ltd | Equity | ₹20.84 Cr | 1.94% |
| Bajaj Finserv Ltd | Equity | ₹20.73 Cr | 1.93% |
| Cipla Ltd | Equity | ₹20.72 Cr | 1.93% |
| Titan Co Ltd | Equity | ₹20.46 Cr | 1.90% |
| Kotak Mahindra Bank Ltd | Equity | ₹20.42 Cr | 1.90% |
| ICICI Bank Ltd | Equity | ₹20.41 Cr | 1.90% |
| Bajaj Auto Ltd | Equity | ₹20.14 Cr | 1.87% |
| Mahindra & Mahindra Ltd | Equity | ₹20.12 Cr | 1.87% |
| Adani Enterprises Ltd | Equity | ₹20.11 Cr | 1.87% |
| JSW Steel Ltd | Equity | ₹20.09 Cr | 1.87% |
| Hero MotoCorp Ltd | Equity | ₹20.05 Cr | 1.86% |
| Shriram Finance Ltd | Equity | ₹19.74 Cr | 1.84% |
| Hindalco Industries Ltd | Equity | ₹19.66 Cr | 1.83% |
| Nestle India Ltd | Equity | ₹19.65 Cr | 1.83% |
| Bajaj Finance Ltd | Equity | ₹19.37 Cr | 1.80% |
| IndusInd Bank Ltd | Equity | ₹19.21 Cr | 1.79% |
| HDFC Bank Ltd | Equity | ₹19 Cr | 1.77% |
| Tata Steel Ltd | Equity | ₹18.94 Cr | 1.76% |
| Axis Bank Ltd | Equity | ₹18.46 Cr | 1.72% |
| Treps | Cash - Repurchase Agreement | ₹5.9 Cr | 0.55% |
| Net Receivable / Payable | Cash - Collateral | ₹-4.84 Cr | 0.45% |
| Tata Consumer Prod | Equity | ₹0.26 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
98.01%
Mid Cap Stocks
1.86%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹226.69 Cr | 21.08% |
| Consumer Cyclical | ₹147.83 Cr | 13.75% |
| Technology | ₹135.49 Cr | 12.60% |
| Basic Materials | ₹124.67 Cr | 11.59% |
| Energy | ₹112.32 Cr | 10.44% |
| Consumer Defensive | ₹109.21 Cr | 10.15% |
| Healthcare | ₹109.04 Cr | 10.14% |
| Utilities | ₹44.61 Cr | 4.15% |
| Industrials | ₹43.1 Cr | 4.01% |
| Communication Services | ₹21.22 Cr | 1.97% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Viral Chhadva
Since February 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF200KA18Z7 | Expense Ratio | 1.02% | Exit Load | No Charges | Fund Size | ₹1,075 Cr | Age | 31 Jan 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY50 Equal Weight TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹539.42 Cr | 45.5% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹539.42 Cr | 44.6% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹397.46 Cr | 61.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹587.30 Cr | 42.9% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1683.73 Cr | 39.1% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1000.66 Cr | 49.6% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹587.30 Cr | 43.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹397.46 Cr | 62.6% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1683.73 Cr | 39.9% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1000.66 Cr | 48.7% |
About the AMC
Total AUM
₹10,76,433 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Viral Chhadva
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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