SBI ETF Nifty 50 Fund is an open-ended equity fund. The aim of SBI ETF Nifty 50 Fund is to yield the return that closely corresponds to the total return of securities as underlined by Nifty 50 Index, subject to the tracking error. The index Nifty 50 is evaluated following the free float market capitalization method where the index level indicates the total free float market value of all stocks in the index relative to particular base market capitalization value.
SBI ETF Nifty 50 Fund was launched on 17th July 2015 and is managed by Mr. Raviprakash Sharma. It was benchmarked against the Nifty 50 Index. The minimum investment of SBI ETF Nifty 50 Mutual Fund scheme is Rs. 5000. You can exit this fund at any point of time since SBI ETF Nifty 50 Fund is an open-ended fund.
SBI ETF Nifty 50 Fund Facts
- SBI ETF Nifty 50 Fund under SBI Fund House mainly invests in 99.94% in equity stocks of large-cap companies which are well established and the leading players of the market.
- SBI ETF Nifty 50 Fund can be traded at any time when the market is open as it is listed in the stock exchange.
- SBI ETF Nifty 50 Fund expense ratio is very low.
- The top holdings of SBI ETF Nifty 50 Fund are- HDFC Bank Ltd. and Reliance Industries Ltd.
- SBI ETF Nifty 50 Fund offers high return with moderate risk profile.
- The units of SBI ETF Nifty 50 Fund are traded only in dematerialized mode.
- Investors who has sound knowledge on stock market can easily invest in this fund.
- SBI ETF Nifty 50 Fund expense ratio is as low as 0.07%.
Top 5 Sectors of SBI ETF Nifty 50 Fund
| S.No. | Holding Name | Net Assets (in %) |
| 1 | Financial | 37.17 |
| 2 | Energy | 16.31 |
| 3 | Technology | 14.82 |
| 4 | FMCG | 8.34 |
| 5 | Automobile | 6.58 |
(as on 28/02/2019)
Top 10 Holdings of SBI ETF Nifty 50 Fund
| S.No. | Holding Name | Net Assets (in %) |
| 1 | HDFC Bank Ltd. | 10.33 |
| 2 | Reliance Industries Ltd. | 9.75 |
| 3 | Housing Development Finance Corporation Ltd. | 7.02 |
| 4 | Infosys Ltd. | 6.46 |
| 5 | ITC Ltd. | 5.48 |
| 6 | ICICI Bank Ltd. | 5.22 |
| 7 | Tata Consultancy Services Ltd. | 4.82 |
| 8 | Kotak Mahindra Bank Ltd. | 3.75 |
| 9 | Larsen & Turbo Ltd. | 3.69 |
| 10 | Axis Bank Ltd. | 2.91 |
(as on 28/02/2019)
SBI ETF Nifty 50 Fund Details
Launch Date- July 17, 2015
Fund Manager- Mr. Raviprakash Sharma
Risk- Moderately High
Benchmark- NIFTY 50 Index
Return Since Launch- 10.10%
AUM- Rs. 46121.78 crore (as on 28th Feb, 2019)
The below-mentioned table depicts the performance of SBI ETF Nifty 50 Fund-
| 1-Year | 3-Year | 5-Year | 10-Year | |
| Fund | 16.17 | 16.42 | – | – |
| S&P BSE Sensex 50 TRI | 15.57 | 16.94 | – | – |
| Category | 11.93 | 14.95 | – | – |
| Rank within Category | 20 | 16 | – | – |
| Number of funds in category | 91 | 76 | – | – |
| As on Apr 02, 2019 |
