SBI Nifty50 Equal Weight Index Fund Direct Growth
NAV as on 17-04-2025
₹ 11.03
▲1.3%
1D
Inception Returns
8.5%
/yr
Historical NAV & Returns
About SBI Nifty50 Equal Weight Index Fund Direct Growth
SBI Nifty50 Equal Weight Index Fund Direct Growth is an equity fund. This fund was started on 31 January, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Nifty50 Equal Weight Index Fund Direct Growth has ₹973 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
SBI Nifty50 Equal Weight Index Fund Direct Growth has given a CAGR return of 8.46% since inception. Over the last 1 year the fund has given a CAGR return of 7.26%.
Holdings
SBI Nifty50 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Energy, Health, Industrial, Utilities, Communication. Its top holdings are Tata Consumer Products Ltd, Bajaj Finserv Ltd, Trent Ltd, Hero MotoCorp Ltd, IndusInd Bank 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Nifty50 Equal Weight Index Fund Direct Growth
The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme would 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 Nifty50 Equal Weight Index Fund Direct Growth has no lock in period.
SBI Nifty50 Equal Weight Index Fund Direct Growth Overview
| Expense ratio | 0.53% |
Benchmark | NIFTY50 Equal Weight TR INR |
| AUM | ₹973 Cr |
| Inception Date | 31 January, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 9.61% |
| STCG | Selling mutual fund 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 |
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 6.02% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund underperformed Nifty 50 by 0.31% in Mar'25
- AUM of the fund stands at 972.8 Cr as of Mar'25
- AUM increased by 19.5 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Basic Materials
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bajaj Finserv Ltd | 2.08% | -22.9% | |
 Tata Consumer Products Ltd | 2.08% | -10.8% | |
 Trent Ltd | 2.07% | 31% | |
 Hero MotoCorp Ltd | 2.07% | 13.3% | |
 HDFC Life Insurance Co Ltd | 2.05% | -10.5% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Nifty50 Equal Weight Index Fund Direct Growth | 7.26% | - | - | 8.46% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 15.05% | 13.86% | 21.46% | 13.14% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 8.76% | 11.98% | 21.92% | 12.91% |
 ICICI Prudential Nifty 50 Index Plan Direct Growth | 8.69% | 11.94% | 21.79% | 12.97% |
Top Growth Drivers | 1M Return |
|---|---|
 Power Grid Corporation of India Ltd | 14.1% |
 Kotak Mahindra Bank Ltd | 7.6% |
 Bharat Electronics Ltd | 3.5% |
SBI Nifty50 Equal Weight Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹973 Cr
Expense Ratio 0.53%
More funds from SBI
5Y CAGR
▲ 31.28
5Y CAGR
▲ 26.46
5Y CAGR
▲ 31.68
5Y CAGR
▲ 29.53
5Y CAGR
▲ 35.50
Frequently Asked Questions for SBI Nifty50 Equal Weight Index Fund Direct Growth
SBI Nifty50 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.22% | 6.22% |
6 Month Returns | -6.05% | -6.05% |
1 Year Returns | 7.26% | 7.26% |
3 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty50 Equal Weight Index Fund Direct Growth | -0.63 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty50 Equal Weight Index Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty50 Equal Weight Index Fund Direct Growth | -0.09 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty50 Equal Weight Index Fund Direct Growth | 15.89 | - | - |