SBI Nifty 50 ETF: AUM more than Rs 2 Lakh Crore:The asset under management (AUM) of SBI Nifty 50 ETF, a mutual fund scheme that invests in the top 50 companies of the country, is more than Rs 2 lakh crore. This level of investment shows how much confidence the country’s investors have in this scheme. SBI MF ETF is an open ended exchange traded fund (ETF), which has been giving good returns to its investors year after year by tracking the Nifty 50 Total Return Index (Nifty 50 TRI). Since its inception, this scheme has given good returns to investors through lump sum investment and Systematic Investment Plan (SIP):
how much did investors getReturn
Return since inception (CAGR): 13.93%
Return in 5 years (CAGR): 18.79%
Return in 3 years (CAGR): 14.84%
Return in 1 year (CAGR): 32.66%
All these return figures of the schemeBelongs to regular growth plan.
Value of lump sum investment of Rs 1 lakh
- In 9 years (from inception till now): Rs 3,31,840
- In 5 years: Rs 2,36,800
- In 3 years: Rs 1,51,500
- In 1 year: Rs 1,32,870
Good returns on SIP also
SBI Nifty 50 ETF has given excellent returns on lumpsum investments as well as on investments made through SIP. You can see an example of this in this calculation:
- Lump sum investment: Rs 1 lakh
- Monthly SIP: Rs 5000
- Investment period: 9 years
- Total investment in 9 years (lump sum + SIP): Rs 6,40,000
- Fund value after 9 years: Rs 14,98,304
(Source: Value Research SIP Calculator)
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Important information about SBI Nifty 50 ETF
Scheme Type: Open Ended Exchange Traded Equity Fund (Passive Scheme)
Scheme’s benchmark index: Nifty 50 TRI
Assets under management (AUM) as on September 30, 2024: Rs 2,12,885.79 crore
In which exchange is this scheme listed: NSE
Scheme allotment date: July 22, 2015
Total Expense Ratio (TER) as on 30 September 2024: 0.04% (Regular Plan)
Risk Level: Very High
Exit Load: Not applicable
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Top 10 holdings of SBI Nifty 50 ETF
Company Name/Share in Total AUM
- HDFC BANK : 11.34 %
- RELIANCE INDUSTRIES : 8.64 %
- ICICI BANK: 7.74%
- INFOSYS: 5.82%
- ITC: 4.16%
- BHARTI AIRTEL : 3.95 %
- TATA CONSULTANCY SERVICES (TCS) : 3.76 %
- LARSEN & TOUBRO (L&T) : 3.73 %
- AXIS BANK : 3.03 %
- STATE BANK OF INDIA : 2.62 %
The share of these top 10 holdings in the total AUM of the scheme is 54.79%, from which its strength can be estimated.
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In which sectors there is investment
Sectors like financial services, information technology, oil and gas, and FMCG constitute a major share in the total investment of SBI Nifty 50 ETF. The sectoral allocation of this fund makes it a highly diversified scheme, which gives it strength. You can see its details here:
Sectoral allocation of the scheme
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FINANCIAL SERVICES : 32.92 %
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Information Technology: 12.74%
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OIL, GAS & CONSUMABLE FUELS : 11.26 %
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FAST MOVING CONSUMER GOODS : 8.57 %
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AUTOMOBILE AND AUTO COMPONENTS : 8.08 %
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TELECOMMUNICATION: 3.95%
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Why are investors so confident?
The excellent performance of SBI Nifty 50 ETF scheme and the big name of the fund house are big reasons for the confidence of investors. Tracking the Nifty 50 index of this scheme means that the money invested in it is invested only in the 50 largest and most trusted companies of the country. This is what makes it a strong option for equity investment. Also, this fund has consistently given good returns to investors since its inception. The objective of this passive fund is to give investors returns commensurate with the performance of the companies included in the Nifty 50 index. However, there is a possibility of some tracking error in this. However, the past performance of SBI Nifty 50 ETF has been good in this regard also. The tracking error of the scheme has been only 0.0304% in one year and 0.0321% in 3 years. But investors must keep in mind the high risk level associated with equity funds before deciding to invest money in this scheme.
(Disclaimer: The purpose of this article is only to provide information, not to advise investment in any fund. Investments made in equity mutual funds are directly affected by the ups and downs of the stock market. Any investment decision should be taken by your investment advisor. Do it only after taking the opinion of.)