SBI Nifty50 Equal Weight Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

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

The SBI Nifty50 Equal Weight Index Fund Regular Growth has an AUM of 1066.96 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.02%. The minimum investment in SBI Nifty50 Equal Weight Index Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are - & - respectively.

The top holdings of the fund include State Bank Of India, Wipro, Grasim Industries & HDFC Life Insurance Company.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Insurance (Life).

Some of the similar funds are Aditya Birla Sun Life Nifty 50 Index Fund Growth, Tata Nifty 50 Index Fund Regular Plan, Navi Nifty Next 50 Index Fund Regular Growth, Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth, SBI Nifty50 Equal Weight Index Fund Regular Growth. SBI Nifty50 Equal Weight Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.