SBI ETF Sensex Next 50 (G)

SBI ETF Sensex Next 50 (G) is an Exchange Traded Fund which is benchmarked to S&P BSE SENSEX Next 50 TR INR. SBI ETF Sensex Next 50 (G) is managed by the SBI Funds Management Ltd with the fund managers being Raviprakash Sharma. The SBI ETF Sensex Next 50 (G) was launched on Sep 25, 2018 with no lock-in period. Since its inception, the fund has delivered 11.8% as a return on investment. The fund has delivered a 1-year return of 10.8%, a 3-year return of 13.4%, and a 5-year return of null%.

As on 20 May, 2022 the NAV of the fund is Rs 473.29 and the AUM is Rs 8.05 crores. The fund charges an expense ratio of null% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to S&P BSE SENSEX Next 50 TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The SBI ETF Sensex Next 50 (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of SBI ETF Sensex Next 50 (G) with another fund in a similar category. This way you can make a well-informed investment decision.