SBI BSE Sensex Index Fund Direct Growth

SBI BSE Sensex Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 20-12-2024

₹ 12.69

-1.5%

1D

Inception Returns

16.1%

/yr

About SBI BSE Sensex Index Fund Direct Growth

SBI BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 18 May, 2023. The fund is managed by Raviprakash Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI BSE Sensex Index Fund Direct Growth has ₹242 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

SBI BSE Sensex Index Fund Direct Growth has given a CAGR return of 16.15% since inception. Over the last 1 year the fund has given a CAGR return of 11.70%.

Holdings

SBI BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI BSE Sensex Index Fund Direct Growth

The investment objective of the scheme is to replicate the composition of the S&P BSE Sensex Index and to generate returns that are commensurate with the performance of the S&P BSE Sensex Index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI BSE Sensex Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
684 people have invested ₹ 60.1L in SBI BSE Sensex Index Fund Direct Growth in the last three months

SBI BSE Sensex Index Fund Direct Growth Overview

Expense ratio0.19%
Benchmark
S&P BSE SENSEX TR INR
AUM₹242 Cr
Inception Date18 May, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
9.39%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (30-Nov-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
99.9%

Sector Allocation

Nov'24

Oct'24

Sep'24

Financial Services
38.2%
Tech
15.3%
Energy
9.5%
Consumer Defensive
8.1%
Consumer Cyclical
8%
Industrial
5.7%
Basic Materials
4.9%
Communication
4.7%
Utilities
3.5%
Health
2.1%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
0.54%
-5.72%
2.32%
Nifty 50
-0.71%
-6.17%
2.11%
  • This fund’s returns stands at 0.54% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
  • This fund outperformed Nifty 50 by 1.25% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 226.3 Cr
₹ 228.6 Cr
₹ 228.6 Cr
  • AUM of the fund stands at 226.3 Cr as of Nov'24
  • AUM decreased by 2.3 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 14.3% to 14.73%
HDFC Bank Ltd's allocation increased from 14.3% to 14.73%
Infosys Ltd's allocation increased from 6.93% to 7.29%
Infosys Ltd's allocation increased from 6.93% to 7.29%
Tata Consultancy Services Ltd's allocation increased from 4.39% to 4.7%
Tata Consultancy Services Ltd's allocation increased from 4.39% to 4.7%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 9.85 % to 9.5 %
Reliance Industries Ltd's allocation decreased from 9.85 % to 9.5 %
ITC Ltd's allocation decreased from 4.94 % to 4.8 %
ITC Ltd's allocation decreased from 4.94 % to 4.8 %
Axis Bank Ltd's allocation decreased from 3.6 % to 3.51 %
Axis Bank Ltd's allocation decreased from 3.6 % to 3.51 %
Large Cap allocation has gone down from 100% to 99.9%
Large Cap allocation has gone down from 100% to 99.9%
Cash allocation has gone up from 0% to 0.1%
Cash allocation has gone up from 0% to 0.1%

Top 3 Sectors in November were Financial Services, Tech & Energy

Nov'24
Financial Services
38%
Tech
15%
Energy
10%
Oct'24
Financial Services
38%
Tech
14%
Energy
10%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
32
32
32
Top 5 Company Concentration
46.3%
46%
44.9%
Company having highest exposure
HDFC Bank Ltd (14.7%)
HDFC Bank Ltd (14.3%)
HDFC Bank Ltd (13.4%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
79.1%
78.5%
78.5%
Sector having highest exposure
Financial Services (38.2%)
Financial Services (38%)
Financial Services (36.5%)
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Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI BSE Sensex Index Fund Direct Growth, since 18 May 2023
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.65L Cr
as on 29-Nov-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI BSE Sensex Index Fund Direct Growth Highlights

Risk meter
pointer

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 16.15% since inception which is more than its category average return of 14.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.92% in Equity, 0% in Debt and 0.08% in Cash related instruments
AUM size ₹242 Cr

AUM size ₹242 Cr

This fund has AUM of ₹242 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions for SBI BSE Sensex Index Fund Direct Growth

The current NAV of SBI BSE Sensex Index Fund Direct Growth is ₹12.69 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
SBI BSE Sensex Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
1.09%
1.09%
1 Year Returns
11.7%
11.7%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.19% as on November 2024
₹242 Cr as on November 2024
HDFC Bank Ltd(14.73%), ICICI Bank Ltd(9.95%), Reliance Industries Ltd(9.5%), Infosys Ltd(7.29%), ITC Ltd(4.8%) as on November 2024
Financial Services(38.16%), Tech(15.31%), Energy(9.5%) as on November 2024
The alpha ratio for the SBI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI BSE Sensex Index Fund Direct Growth
-0.28
-
-
As on November 2024
The alpha for SBI BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI BSE Sensex Index Fund Direct Growth
1
-
-
As on November 2024
The Beta for SBI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI BSE Sensex Index Fund Direct Growth
1.02
-
-
As on November 2024
The sharpe ratio for SBI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI BSE Sensex Index Fund Direct Growth
12.22
-
-
As on November 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 BSE Sensex Index Fund Direct Growth
The Exit load of SBI BSE Sensex Index Fund Direct Growth is 0.2%