SBI Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 19-11-2024
₹ 116.64
▲0.3%
1D
Inception Returns
16.6%
/yr
About SBI Flexicap Fund Direct Growth
SBI Flexicap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by R. Srinivasan, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Flexicap Fund Direct Growth has ₹22093 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Flexicap Fund Direct Growth has given a CAGR return of 16.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.22%, 11.57% and 16.62% respectively.
Holdings
SBI Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Energy, Tech, Communication, Consumer Defensive, Health, Utilities. Its top holdings are Reliance Industries Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, HDFC Bank Ltd, Larsen & Toubro Ltd
Taxation
As it is a flexi cap 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of SBI Flexicap Fund Direct Growth
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. SBI Flexicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
5934 people have invested ₹ 4Cr in SBI Flexicap Fund Direct Growth in the last three months
INDmoney Rank for SBI Flexicap Fund Direct Growth
Powered by IND quant engine
18
/20
18% Performance
35% Risk Management
59% Cost
18 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
SBI Flexicap Fund Direct Growth Overview
| Expense ratio | 0.82% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹22093 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 55.7% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
48.1%
Mid cap
21.4%
Small cap
20.2%
Sector Allocation
Financial Services
24.2%
Consumer Cyclical
18.2%
Industrial
13%
Basic Materials
10.7%
Energy
7.6%
Tech
7.3%
Communication
7.1%
Consumer Defensive
5.1%
Health
4.4%
Utilities
2.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.83% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.69% in Oct'24
- AUM of the fund stands at 22.1K Cr as of Oct'24
- AUM decreased by 1.4K Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 3.37% to 4.19%
Bank of Baroda's allocation increased from 0.04% to 0.49%
Tips Music Ltd's allocation increased from 0.88% to 1.2%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.91 % to 4.71 %
Kotak Mahindra Bank Ltd's allocation decreased from 5.28 % to 3.99 %
HDFC Bank Ltd's allocation decreased from 5.51 % to 3.99 %
Mid Cap allocation has gone down from 22% to 21.4%
Large Cap allocation has gone down from 50.3% to 48.1%
Small Cap allocation has gone up from 20% to 20.2%
Cash allocation has gone up from 2.5% to 5%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
24%
Consumer Cyclical
18%
Industrial
13%
Sep'24
Financial Services
25%
Consumer Cyclical
19%
Industrial
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Tips Music Ltd | 16.2% |
 Paradeep Phosphates Ltd | 14.9% |
 Max Healthcare Institute Ltd | 4.9% |
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R. Srinivasan
Fund Manager of SBI Flexicap Fund Direct Growth, since 1 January 2022
Top funds managed
Mohit Jain
Fund Manager of SBI Flexicap Fund Direct Growth, since 1 January 2022
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 46.25% return, outperforming this fund by 24.03%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 25.08% return, outperforming this fund by 13.51% per annum.
Over the last 1 month, this fund has experienced a 5.9% drop in AUM moving from 23.48K Cr to 22.09K Cr.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.82% which is lower than the category average expense ratio of 1.16%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.32% return, outperforming this fund by 15.7% per annum.
Over the last 1 month, this fund has increased expense ratio by 1.2% moving from 0.81 to 0.82.
SBI Flexicap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.59% since inception which is less than its category average return of 18.73%
Fund Allocations
This fund has an allocation of 94.99% in Equity, 0% in Debt and 5.01% in Cash related instruments
AUM size ₹22093 Cr
This fund has AUM of ₹22093 Cr which is more than its category average of ₹ 8754 Cr
Expense Ratio 0.82%
This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for SBI Flexicap Fund Direct Growth
The current NAV of SBI Flexicap Fund Direct Growth is ₹116.64 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
SBI Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.36% | -5.36% |
6 Month Returns | 4.83% | 4.83% |
1 Year Returns | 22.22% | 22.22% |
3 Years Returns | 38.89% | 11.57% |
5 Years Returns | 115.73% | 16.62% |
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0.82% as on October 2024
₹22093 Cr as on October 2024
Reliance Industries Ltd(4.71%), ICICI Bank Ltd(4.19%), Kotak Mahindra Bank Ltd(3.99%), HDFC Bank Ltd(3.99%), Larsen & Toubro Ltd(2.99%) as on October 2024
Financial Services(22.97%), Consumer Cyclical(17.25%), Industrial(12.36%) as on October 2024
The alpha ratio for the SBI Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Flexicap Fund Direct Growth | -1.99 | -1.34 | -1.36 |
As on October 2024
The alpha for SBI Flexicap Fund Direct Growth is calculated against S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Flexicap Fund Direct Growth | 0.89 | 0.85 | 0.93 |
As on October 2024
The Beta for SBI Flexicap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Flexicap Fund Direct Growth | 1.66 | 0.57 | 0.69 |
As on October 2024
The sharpe ratio for SBI Flexicap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexicap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Flexicap Fund Direct Growth | 12.22 | 11.98 | 18.13 |
As on October 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.
Sortino ratio is 0.95 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
R. Srinivasan, Mohit Jain are the fund managers of SBI Flexicap Fund Direct Growth
The Exit load of SBI Flexicap Fund Direct Growth is 0.1%