Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹254 Cr
Expense Ratio
0.25%
ISIN
INF200KB1233
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
11 Jul 2024
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹9.07, Assets Under Management (AUM) of 254.50 Crores, and an expense ratio of 0.25%.
- SBI Silver ETF Fund of Fund Direct Growth has given a CAGR return of -9.30% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 3.14% in cash & cash equivalents.
- You can start investing in SBI Silver ETF Fund of Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
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
-9.30%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Others | ₹254.5 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| SBI Silver ETF | Mutual Fund - ETF | ₹268.6 Cr | 100.04% |
| Net Receivable / Payable | Cash - Collateral | ₹-1.07 Cr | 0.40% |
| Treps | Cash - Repurchase Agreement | ₹0.95 Cr | 0.36% |
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Mutual Fund - ETF | ₹268.6 Cr | 100.04% |
| Cash - Collateral | ₹-1.07 Cr | 0.40% |
| Cash - Repurchase Agreement | ₹0.95 Cr | 0.36% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
11.03%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.73
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.50
Higher the better
Fund Managers
Harsh Sethi
Since July 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF200KB1233 | Expense Ratio | 0.25% | Exit Load | 1.00% | Fund Size | ₹254 Cr | Age | 11 Jul 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Domestic Price of Silver 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house 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 Sector - Precious Metals Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Gold Fund Regular Growth High Risk | 1.1% | 1.0% | ₹345.69 Cr | 18.9% |
| HDFC Gold Fund Regular Growth High Risk | 0.5% | 1.0% | ₹2067.99 Cr | 19.6% |
| SBI Gold Regular Growth High Risk | 0.4% | 1.0% | ₹2027.77 Cr | 20.1% |
| Motilal Oswal Gold and Silver ETFs Fund of Funds Regular Growth Very High Risk | 0.5% | 0.0% | ₹85.50 Cr | 17.6% |
| Motilal Oswal Gold and Silver ETFs Fund of Funds Direct Growth Very High Risk | 0.2% | 0.0% | ₹85.50 Cr | 18.0% |
| SBI Gold ETF High Risk | 0.7% | - | ₹4666.86 Cr | 19.9% |
| UTI Gold ETF Fund of Fund Direct Growth High Risk | 0.1% | 1.0% | ₹104.15 Cr | 20.1% |
| UTI Gold ETF Fund of Fund Regular Growth High Risk | 0.6% | 1.0% | ₹104.15 Cr | 19.5% |
| Invesco India Gold ETF High Risk | 0.6% | - | ₹113.61 Cr | 20.6% |
| Quantum Gold Savings Direct Growth High Risk | 0.1% | 0.0% | ₹114.88 Cr | 20.3% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of SBI Silver ETF Fund of Fund Direct Growth?
What is the portfolio composition of SBI Silver ETF Fund of Fund Direct Growth?
Who manages the SBI Silver ETF Fund of Fund Direct Growth?
- Harsh Sethi
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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