SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth is ₹10.51.
It is better to invest in a fund with a longer track record as SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY50 Equal Weight - TRI, as the Funds portfolio is similar to its benchmark.
SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth fund’s expense ratio is N/A
The process for redemption is
The AUM of SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth is currently ₹983 Crores.
The Top three stocks are Bajaj Finance, Adani Ports &Special and Larsen & Toubro and account for 6% of its portfolio. Top 5 and 10 stocks of fund account for 10% and 21% of fund’s portfolio respectively.
Top three sectors of SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth fund are BFSI, Auto and IT accounting for 46% of the total portfolio.
Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth Fund is Index Funds - Other.
Viral Chhadva manages the SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth Fund.
SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth current PE ratio is 38.58 and PB ratio is 7.95
The asset allocation of SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth is Stocks : 100.08%, Debt : -0.09% and Gold : 0%
The minimum SIP amount for SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for SBI Nifty50 Equal Weight Index Fund - Regular Plan - Growth is 0.25% on or before 15 days, Nil after 15 days