SBI Nifty Next 50 Index Fund Direct Growth

SBI Nifty Next 50 Index Fund Direct Growth

NAV as on 03-04-2025

₹ 17.36

Inception Returns

15.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
7612 people have invested ₹ 4.7Cr in SBI Nifty Next 50 Index Fund Direct Growth in the last three months

About SBI Nifty Next 50 Index Fund Direct Growth

SBI Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 19 May, 2021. The fund is managed by Raviprakash Sharma. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Nifty Next 50 Index Fund Direct Growth has ₹1356 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 15.30% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 1.44% and 15.16% respectively.

Holdings

SBI Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Health, Real Estate, Communication, Tech, Energy. Its top holdings are Zomato Ltd, InterGlobe Aviation Ltd, Divi's Laboratories Ltd, Jio Financial Services Ltd, Vedanta 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI Nifty Next 50 Index Fund Direct Growth

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. 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 Nifty Next 50 Index Fund Direct Growth has no lock in period.

SBI Nifty Next 50 Index Fund Direct Growth Overview

Expense ratio0.35%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹1356 Cr
Inception Date19 May, 2021
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
42.32%
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

INDmoney Rank for SBI Nifty Next 50 Index Fund Direct Growth

Powered by IND quant engine
2
/12
100% Performance
4% Cost
2 out of 12 among Index-Nifty-Next-50
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Low tracking error in the category
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No bad points found for this fund.

Fund Distribution

as on (28-Feb-25)

  • Equity 100%

Large cap
88.4%

Mid cap
11.7%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
23.9%
Industrial
14.3%
Consumer Cyclical
12.9%
Utilities
12.1%
Consumer Defensive
10.4%
Basic Materials
10.2%
Health
5.8%
Real Estate
3.5%
Communication
2.7%
Tech
2.1%
Energy
2.1%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-3.81%
Nifty Next 50
-2.60%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.4K Cr as of Feb'25
  • AUM decreased by 92.3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Zomato Ltd's allocation increased from 6.75% to 7.53%
Zomato Ltd's allocation increased from 6.75% to 7.53%
InterGlobe Aviation Ltd's allocation increased from 3.75% to 4.3%
InterGlobe Aviation Ltd's allocation increased from 3.75% to 4.3%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.37% to 2.86%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.37% to 2.86%
Top Stocks sold last month
Jio Financial Services Ltd's allocation decreased from 3.5 % to 3.33 %
Jio Financial Services Ltd's allocation decreased from 3.5 % to 3.33 %
Vedanta Ltd's allocation decreased from 3.31 % to 3.27 %
Vedanta Ltd's allocation decreased from 3.31 % to 3.27 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 3.3 % to 2.87 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 3.3 % to 2.87 %
Mid Cap allocation has gone up from 11.5% to 11.7%
Mid Cap allocation has gone up from 11.5% to 11.7%
Large Cap allocation has gone down from 88.6% to 88.4%
Large Cap allocation has gone down from 88.6% to 88.4%
Cash allocation has gone up from -0.1% to -0.1%
Cash allocation has gone up from -0.1% to -0.1%

Top 3 Sectors in February were Financial Services, Industrial & Utilities

Feb'25
Financial Services
24%
Industrial
14%
Consumer Cyclical
13%
Jan'25
Financial Services
24%
Industrial
15%
Utilities
12%
  • Equity

Holdings
Weight%
1M Change
Zomato Ltd
Zomato Ltd
7.53%
3.7%
InterGlobe Aviation Ltd
InterGlobe Aviation Ltd
4.3%
3.7%
Divi's Laboratories Ltd
Divi's Laboratories Ltd
3.4%
3.7%
Jio Financial Services Ltd
Jio Financial Services Ltd
3.33%
3.7%
Vedanta Ltd
Vedanta Ltd
3.27%
3.7%
  • Returns %

  • Fund Ratios

  • Overview

  • Gainers

  • Losers

Fund
Feb'25
Jan'25
Dec'24
No of Holdings
52
52
52
Top 5 Company Concentration
21.8%
20.6%
22.4%
Company having highest exposure
Zomato Ltd (7.5%)
Zomato Ltd (6.8%)
Zomato Ltd (7.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
73.6%
73.9%
74.5%
Sector having highest exposure
Financial Services (23.9%)
Financial Services (24%)
Financial Services (23.7%)
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Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI Nifty Next 50 Index Fund Direct Growth, since 19 May 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Minimum Variance Fund Direct Growth
13.23%
--
SBI Nifty Index Fund Direct Growth
10.75%
--
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 28-Feb-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI Nifty Next 50 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 15.3% since inception which is more than its category average return of 7.9%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.1% in Equity, 0% in Debt and -0.1% in Cash related instruments
AUM size ₹1356 Cr

AUM size ₹1356 Cr

This fund has AUM of ₹1356 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions for SBI Nifty Next 50 Index Fund Direct Growth

The current NAV of SBI Nifty Next 50 Index Fund Direct Growth is ₹17.36 as on 03-Apr-2025.
Existing (Absolute + CAGR) as on 03-Apr-2025.
SBI Nifty Next 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
9.47%
9.47%
6 Month Returns
-16.16%
-16.16%
1 Year Returns
1.44%
1.44%
3 Years Returns
52.74%
15.16%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.35% as on March 2025
₹1356 Cr as on March 2025
Zomato Ltd(7.53%), InterGlobe Aviation Ltd(4.3%), Divi's Laboratories Ltd(3.4%), Jio Financial Services Ltd(3.33%), Vedanta Ltd(3.27%) as on March 2025
Financial Services(23.91%), Industrial(14.3%), Consumer Cyclical(12.92%) as on March 2025
The alpha ratio for the SBI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Nifty Next 50 Index Fund Direct Growth
-0.41
-0.36
-
As on March 2025
The alpha for SBI Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Nifty Next 50 Index Fund Direct Growth
1
1
-
As on March 2025
The Beta for SBI Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 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 Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth
-0
0.51
-
As on March 2025
The sharpe ratio for SBI Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 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 Nifty Next 50 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 Nifty Next 50 Index Fund Direct Growth
22.86
20.37
-
As on March 2025
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 0.78 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Raviprakash Sharma is the fund manager of SBI Nifty Next 50 Index Fund Direct Growth
The Exit load of SBI Nifty Next 50 Index Fund Direct Growth is 0.25%