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SBI-ETF Nifty Next 50

Harness the growth potential of companies which are at the cusp of the big league with SBI-ETF Nifty Next 50. The fund offers investors a cost-efficient and convenient way to invest in these emerging companies, which are part of the underlying index.

Nifty Next 50 Index

  • Launch Date: Jan 01, 1997
  • No. of Constituents: 50
  • Index rebalancing: Semi-Annually

About the Index:

The Nifty Next 50 Index comprises of the next rung of liquid securities after those forming part of Nifty Next 50. It may be useful to think of the Nifty Next 50 and the Nifty Next 50 as making up the 100 most liquid stocks in India.

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NSE Ltd. Disclaimer: It is to be distinctly understood that the permission given by NSE Ltd. should not in any way be deemed or construed that the SID has been cleared or approved by NSE Ltd. nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of Disclaimer Clause of NSE Ltd.
Nifty Next 50 Index Disclaimer: The SBI-ETF Nifty Next 50 (the Scheme) offered by SBI Mutual Fund is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the Scheme or any member of the public regarding the advisability of investing in securities generally or in the Scheme linked to Nifty Next 50 Index or particularly in the ability of the Nifty Next 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty Next 50 Index in the Scheme Information Document (SID) of the Scheme.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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Objective

Investment Objective
The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Key Features

  • Benchmark & Underlying Index: Nifty Next 50 Index.
  • Creation Unit Size: 5000 units & in multiples of thereof.
  • Minimum Application Amount (Rs.): During NFO (Purchase only) – 5,000 and in multiples of Rs.1. After NFO – Directly with Fund - Authorised Participants and Large Investors can directly purchase/ redeem in blocks from the fund in 'Creation Unit' size on any business day. On the Exchange – The units of the scheme can be purchase/ redeem in minimum lot of 1 unit and in multiples thereof.
  • Exit Load: Nil.
  • Dematerialization:
    1. The units of the Scheme will be available in the Dematerialized (electronic) mode only.
    2. The applicant under the Scheme will be required to have a beneficiary account with a Depository Participant of NSDL/CDSL and will be required to indicate in the application, the DP’s name, DP ID Number and beneficiary account number of the applicant with the DP.
    3. Units of the Schemes will be issued/repurchase and settled compulsorily in dematerialized form. Applications without relevant details of investor’s depository account are liable to be rejected.
  • Exchange Listing:Fund will be listed on National Stock Exchange of India Ltd. (NSE Ltd.)

Asset Allocation


Instrument As % of Net Assets (Min.-Max.) Risk Profile
Securities covered by Nifty Next 50 Index 95% - 100% Medium to high
Cash & Cash Equivalent / money market instruments* 0% - 5% Low
*The exposure of Scheme in derivative instruments shall be restricted to 10% of the net assets of the Scheme for hedging and portfolio rebalancing.
The cumulative gross exposure through Equities, Money Market Instruments including CBLO, units of Liquid mutual funds and derivatives (gross notional exposure) shall not exceed 100%.
The scheme will not make any investment in ADR/ GDR/ Foreign Securities/ Securitised Debt.
The Scheme shall not invest in repo in corporate debt.
The Scheme shall not engage in short selling.
The Scheme shall not invest in unrated debt instrument.

NSE Ltd. Disclaimer: It is to be distinctly understood that the permission given by NSE Ltd. should not in any way be deemed or construed that the SID has been cleared or approved by NSE Ltd. nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of Disclaimer Clause of NSE Ltd.
Nifty Next 50 Index Disclaimer: The SBI-ETF Nifty Junior (the Scheme) offered by SBI Mutual Fund is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited (IISL). IISL does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of the Scheme or any member of the public regarding the advisability of investing in securities generally or in the Scheme linked to Nifty Next 50 Index or particularly in the ability of the Nifty Next 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty Next 50 Index in the Scheme Information Document (SID) of the Scheme.

  Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


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