SBI BSE Sensex Index Fund Direct - Growth
NAV as of Jul 12, 2024
13.060.79%
- Growth - Direct
(Earn upto 0.25% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.19%(0.47% Category
average)Fund Size:
Rs. 191.82 Cr(0.04% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
SBI BSE Sensex Index Fund Direct - Growth
NAV as of Jul 12, 2024
13.060.79%
Expense Ratio:
0.19%
Fund Size:
Rs. 191.82 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the SBI BSE Sensex Index Fund - Direct Plan as of Jul 12, 2024 is Rs 13.06 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 23.56% (1yr) and 26.36% (since launch). Whereas, Category returns for the same time duration are: 39.64% (1yr), 18.71% (3yr) and 17.7% (5yr).
3. Fund Size: The SBI BSE Sensex Index Fund - Direct Plan currently holds Assets under Management worth of Rs 175.63 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.19% for Direct plan as on Jun 30, 2024.
5. Exit Load: SBI BSE Sensex Index Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.20%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
SBI BSE Sensex Index Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 5.23 9.04 11.66 24.49 - - Category Avg 4.90 11.34 18.90 40.44 19.22 18.37 Rank within Category 21 88 90 89 - - No. of funds within Category 163 161 155 149 107 90 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE Sensex Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
SBI BSE Sensex Index Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks 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
Fund House | SBI Mutual Fund |
Launch Date | May 26, 2023 |
Benchmark | BSE Sensex Total Return Index |
Return Since Launch | 26.6% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
SBI BSE Sensex Index Fund Direct - Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load Exit load of 0.20%, if redeemed within 15 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 30 | 30 | 30 | 30 | 30 | 30 |
Top 5 Company Holdings | 45.82% | 45.6% | 45.79% | 45.99% | 46.18% | 46.74% |
Top 10 Company Holdings | 66.3% | 66.45% | 66.69% | 66.12% | 66.14% | 66.78% |
Company with Highest Exposure | HDFC Bank (13.99%) | HDFC Bank (13.7%) | HDFC Bank (13.52%) | HDFC Bank (13.05%) | HDFC Bank (12.83%) | HDFC Bank (13.55%) |
Number of Sectors | 12 | 11 | 11 | 11 | 11 | 11 |
Top 3 Sector Holdings | 66.52% | 66.63% | 67.2% | 67.13% | 68.05% | 68.05% |
Top 5 Sector Holdings | 80.78% | 81.57% | 81.99% | 81.76% | 82.19% | 82.13% |
Sector with Highest Exposure | Financial (37.86%) | Financial (37.72%) | Financial (37.78%) | Financial (36.82%) | Financial (36.18%) | Financial (36.86%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 13.99 19.27 84.20 -2.31 Reliance Industries Energy 11.69 31.04 102.90 18.45 ICICI Bank Financial 9.31 19.11 64.53 19.58 Infosys Technology 6.25 27.09 63.20 21.14 Larsen & Toubro Construction 4.58 38.41 95.00 49.49 TCS Technology 4.37 32.29 129.55 21.33 ITC Consumer Staples 4.33 28.01 16.39 0.16 Bharti Airtel Communication 4.25 116.08 12.35 71.00 Axis Bank Financial 3.93 15.41 85.49 21.75 State Bank of India Financial 3.6 11.25 76.40 43.42
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y SBI BSE Sensex Index Fund Direct - Growth 13.06 Unrated 191.82 5.23 24.49 - - ICICI Prudential Bluechip Fund Direct-Growth 115.98 59,364.40 4.91 41.25 23.15 20.97 JM Large Cap Fund Direct Plan-Growth 184.87 233.53 5.88 49.42 23.94 21.00 Quant Focused Fund Direct-Growth 100.11 1,059.04 2.24 50.65 24.79 25.52 ICICI Prudential BHARAT 22 FOF Direct - Growth 34.15 1,576.73 5.18 71.23 42.59 25.27
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
SBI Mutual Fund News
Fund Manager
- R.S.Raviprakash SharmaSince May 20234 schemes
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA). Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y SBI Nifty Next 50 Index Fund Direct - Growth Large Cap 20.22 1,073.18 67.26 SBI Gold Direct Plan-Growth Gold 22.85 1,885.11 23.67 SBI Nifty Index Direct Plan-Growth Large Cap 224.71 7,940.91 27.69 SBI Equity Minimum Variance Fund Direct - Growth Thematic 24.86 Unrated 201.75 32.55
More SBI Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
SBI Liquid Fund Direct Plan-Growth | 70,911.57 | 0.60 | 1.86 | 3.75 | 7.33 | 5.77 | |
SBI Equity Hybrid Fund Direct Plan-Growth | 68,372.47 | 4.19 | 8.98 | 12.91 | 25.95 | 14.41 | |
SBI Bluechip Direct Plan-Growth | 46,084.82 | 5.97 | 12.06 | 13.63 | 27.06 | 17.69 | |
SBI Focused Equity Fund Direct Plan-Growth | 33,488.95 | 6.89 | 13.39 | 15.99 | 33.89 | 16.38 | |
SBI Arbitrage Opportunities Fund Direct-Growth | 31,116.02 | 0.67 | 2.10 | 4.32 | 8.38 | 6.49 | |
SBI Contra Direct Plan-Growth | 30,520.42 | 6.59 | 12.78 | 20.93 | 49.29 | 29.99 | |
SBI Balanced Advantage Fund Direct - Growth | 30,096.32 | 3.49 | 6.95 | 13.85 | 25.85 | - | |
SBI Small Cap Fund Direct-Growth | 28,375.34 | 7.94 | 21.55 | 22.81 | 44.00 | 26.26 | |
SBI Savings Fund Direct-Growth | 24,347.58 | 0.65 | 1.96 | 3.93 | 7.53 | 6.02 | |
SBI Long Term Equity Fund Direct Plan-Growth | 23,887.64 | 6.60 | 16.01 | 29.12 | 59.90 | 29.02 |
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1. SBI BSE Sensex Index Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to SBI Mutual Fund House.
2. The fund was launched on May 26, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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 "
2. It is benchmarked against BSE Sensex Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.7% in equities, 0.0% in debts and 0.3% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 66.45% of the assets, the top 3 sectors constitute around 66.63% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on SBI BSE Sensex Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about SBI BSE Sensex Index Fund Direct - Growth
- Is it safe to invest in SBI BSE Sensex Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the SBI BSE Sensex Index Fund - Direct Plan comes under Very High risk category.
- What is the category of SBI BSE Sensex Index Fund - Direct Plan?SBI BSE Sensex Index Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in SBI BSE Sensex Index Fund - Direct Plan?The suggested investment horizon of investing into SBI BSE Sensex Index Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the SBI BSE Sensex Index Fund - Direct Plan?The SBI BSE Sensex Index Fund - Direct Plan is managed by Raviprakash Sharma (Since May 18, 2023).
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