SBI Nifty IT ETF - Growth
NAV as of Jan 17, 2025
453.19-2.15%
- Growth - Regular
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Technology
Expense Ratio:
0.22%(1.14% Category
average)Fund Size:
Rs. 86.82 Cr(0.18% of Investment in Category)
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SBI Nifty IT ETF - Growth
NAV as of Jan 17, 2025
453.19-2.15%
Expense Ratio:
0.22%
Fund Size:
Rs. 86.82 Cr
Fund Category:
Equity: Sectoral-Technology
1. Current NAV: The Current Net Asset Value of the SBI Nifty IT ETF as of Jan 17, 2025 is Rs 453.19 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 16.25% (1yr), 4.61% (3yr) and 19.12% (since launch). Whereas, Category returns for the same time duration are: 17.663579768361906% (1yr), 6.6949501054131% (3yr) and 26.27264892825612% (5yr).
3. Fund Size: The SBI Nifty IT ETF currently holds Assets under Management worth of Rs 86.8189 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.22% for Regular plan as on Dec 31, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
SBI Nifty IT ETF - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -6.96 -0.63 8.61 16.25 4.61 - Category Avg -7.09 -1.47 7.05 17.66 6.69 26.27 Rank within Category 14 10 9 11 10 - No. of funds within Category 30 28 26 21 11 5 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY IT Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
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- 3M
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SBI Nifty IT ETF - Growth Fund Details
Investment Objective - The schemes seeks to provide return that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
| Fund House | SBI Mutual Fund |
| Launch Date | Oct 20, 2020 |
| Benchmark | NIFTY IT Total Return Index |
| Return Since Launch | 19.12% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
SBI Nifty IT ETF - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | - |
| Minimum SIP Investment (Rs.) | - |
| Minimum Withdrawal (Rs.) | - |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 10 | 10 | 10 | 10 | 10 | 10 |
| Top 5 Company Holdings | 79.29% | 78.37% | 78.5% | 79.21% | 80.06% | 80.19% |
| Top 10 Company Holdings | 100.0% | 99.99% | 99.55% | 100.0% | 99.99% | 99.79% |
| Company with Highest Exposure | Infosys (27.85%) | Infosys (26.19%) | Infosys (26.33%) | Infosys (27.2%) | Infosys (28.45%) | Infosys (28.58%) |
| Number of Sectors | 1 | 1 | 1 | 1 | 1 | 1 |
| Top 3 Sector Holdings | 100.0% | 99.99% | 99.55% | 100.0% | 99.99% | 99.79% |
| Top 5 Sector Holdings | 100.0% | 99.99% | 99.55% | 100.0% | 99.99% | 99.79% |
| Sector with Highest Exposure | Technology (100.0%) | Technology (99.99%) | Technology (99.55%) | Technology (100.0%) | Technology (99.99%) | Technology (99.79%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 27.2 27.26 66.59 10.52 Tata Consultancy Technology 24.1 30.60 134.78 5.68 HCL Technologies Technology 10.48 28.44 62.90 14.12 Tech Mahindra Technology 9.88 43.36 38.29 22.52 Wipro Technology 7.55 23.80 11.84 16.83 Persistent Systems Technology 5.71 75.36 79.11 53.58 LTIMindtree Technology 5.69 38.17 154.30 5.13 Coforge Technology 4.59 72.33 119.47 33.22 Mphasis Technology 3.35 33.51 84.08 12.06 L&T Technology Services Technology 1.45 43.87 122.50 -0.60
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 Nifty IT ETF - Growth 453.19 Unrated 86.82 -6.96 16.25 4.61 - HDFC NIFTY IT ETF- Growth 43.61 Unrated 79.27 -6.99 16.24 - - DSP Nifty IT ETF - Growth 43.21 Unrated 42.18 -6.96 16.12 - - Axis Nifty IT Index Fund Regular-Growth 14.26 Unrated 141.21 -7.04 15.37 - - Franklin India Technology Fund-Growth 532.86 Unrated 1,988.74 -5.85 22.81 13.51 25.12
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
20.94VS19.67Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.02VS0.95Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.08VS0.18Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
1.58VS3.73Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.90VS0.97Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
7.58VS9.26Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
SBI Mutual Fund News
- NFO Alert: SBI Mutual Fund launches Nifty bank index fund
- Mutual funds increase cash allocation by Rs 7,000 crore to Rs 1.87 lakh crore in December
- SBI Mutual Fund suspends fresh subscription in its international fund
- Year-ender 2024: Mutual funds’ cash pile rose by Rs 70,000 crore in 2024 to Rs 1.80 lakh crore
Fund Manager
- H.S.Harsh SethiSince Oct 20205 schemes
Mr. Sethi is a B. Com (Hons.), CA, CS Prior to joining SBI Mutual Fund, he has worked with J. P. Mangal & Co. as Senior Assistant. Harsh Sethi is the Equity Dealer since February 2017.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y SBI Silver ETF FoF Regular-Growth Silver 9.71 Unrated 274.83 - SBI Nifty Smallcap 250 Index Fund Regular - Growth Small Cap 17.95 Unrated 1,301.32 15.20 SBI Nifty Midcap 150 Index Fund Regular - Growth Mid Cap 17.30 Unrated 740.33 15.41 SBI Nifty Consumption ETF- Growth Thematic-Consumption 113.07 Unrated 20.23 16.36 SBI Nifty Private Bank ETF - Growth Sectoral-Banking 240.06 Unrated 161.97 0.03
More SBI Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| SBI Equity Hybrid Fund-Growth | 72,428.38 | -0.43 | -3.87 | 1.16 | 14.62 | 10.87 | |
| SBI Liquid Fund-Growth | 64,117.02 | 0.58 | 1.71 | 3.49 | 7.26 | 6.32 | |
| SBI Bluechip Fund-Growth | 50,502.29 | -1.46 | -7.12 | -0.20 | 13.05 | 13.02 | |
| SBI Contra Fund-Growth | 41,906.90 | -1.16 | -6.55 | -0.50 | 18.75 | 22.88 | |
| SBI Focused Equity Fund-Growth | 34,747.29 | 0.45 | -3.64 | 1.24 | 17.84 | 9.57 | |
| SBI Small Cap Fund-Growth | 33,285.18 | 0.31 | -5.00 | 1.31 | 25.22 | 19.28 | |
| SBI Balanced Advantage Fund Regular - Growth | 33,186.83 | -0.29 | -2.20 | 1.57 | 13.33 | 12.82 | |
| SBI Arbitrage Opportunities Fund-Growth | 31,422.14 | 0.66 | 1.84 | 3.46 | 7.51 | 6.52 | |
| SBI Large & Midcap Fund-Growth | 29,328.76 | -1.01 | -5.32 | 1.08 | 18.42 | 17.25 | |
| SBI Savings Fund-Growth | 28,254.15 | 0.57 | 1.67 | 3.46 | 7.21 | 6.14 |
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1. SBI Nifty IT ETF is Open-ended Sectoral-Technology Equity scheme which belongs to SBI Mutual Fund House.
2. The fund was launched on Oct 20, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The schemes seeks to provide return that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "
2. It is benchmarked against NIFTY IT Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 100.0% in equities, 0.0% in debts and 0.0% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.99999999999999% of the assets, the top 3 sectors constitute around 100.0% 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 Nifty IT ETF - 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 Nifty IT ETF - Growth
- Is it safe to invest in SBI Nifty IT ETF?As per SEBI’s latest guidelines to calculate risk grades, investment in the SBI Nifty IT ETF comes under Very High risk category.
- What is the category of SBI Nifty IT ETF?SBI Nifty IT ETF belongs to the Equity : Sectoral-Technology category of funds.
- How Long should I Invest in SBI Nifty IT ETF?The suggested investment horizon of investing into SBI Nifty IT ETF 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 Nifty IT ETF?The SBI Nifty IT ETF is managed by Harsh Sethi (Since Oct 06, 2020).
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