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SBI-ETF Nifty Next 50

SETFNN50

₹755.00+₹15.58 (2.11%) TodayLast updated on 01 Nov, 2024 | 18:59 IST

SBI-ETF Nifty Next 50 Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹739.42
Close
₹739.42
Volume
20,455
Avg. traded
₹748.81
Circuit range
₹590.06 - ₹885.09
Day range
₹739.42 - ₹755.00
Year range
₹471.30 - ₹825.60
AUM
₹3,204.38 Cr

Managers

Raviprakash Sharma
Launch Date
25 Mar 2015
SBI-ETF Nifty Next 50

About Aditya Birla Sun Life Gold ETF

  • Aditya Birla Sun Life Gold ETF is an open-ended fund that mirrors the price of physical gold.
  • Offered by Aditya Birla Sun Life Mutual Fund House, the scheme was launched on May 13, 2011.
  • The fund is managed by Sachin Wankhede.
  • Aditya Birla Sun Life Gold ETF is passively managed, aiming to replicate the price and performance of gold through direct investment.
  • The ETF units are listed on the BSE and NSE, allowing them to be bought and sold at real-time market prices.
  • This provides investors with a highly liquid and low-cost way to invest in gold.
  • As of June 30, 2024, the assets under management (AUM) stood at ₹792.87 crore.

Investment Objective & Benchmark

  • The performance of the Aditya Birla Sun Life Gold ETF is benchmarked against the domestic price of physical gold and compared with other gold ETFs in the industry.
  • The scheme’s investment objective is to produce returns that correspond with the performance of gold.
  • Traditionally held in physical form, gold comes with drawbacks such as concerns over purity and safety, as well as high costs including making charges, storage fees and liquidation expenses.
  • Aditya Birla Sun Life Gold ETF offers investors the advantages of investing in gold without the drawbacks associated with physical gold ownership.
  • It’s suitable for those investors seeking returns that align with the long-term performance of gold.
  • The fund is classified as having a high risk level.

Asset Allocation & Portfolio Composition

  • In terms of allocations, physical gold constitute between 95% and 100% of the total assets.
  • Debt and money market instruments, including cash and cash equivalents, make up between 0% and 5% of the total assets.
  • The fund’s allocation includes 98.11% in gold, 0.22% in reverse repo and 1.67% in net receivables.
  • As of July 29, 2024, this ETF delivered annualised returns of 14.75% for a year, 11.63% for three years and 13.33% for five years.
  • For the same periods, domestic gold prices have given returns of 14.27% for one year, 12.33% for three years and 13.87% for five years.
  • Since its inception, the Aditya Birla Sun Life Gold ETF’s compound annual growth rate (CAGR) is at 7.96%.

Key indicators

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Tracking index
Nifty Next 50

Expense Ratio

0.15%
Tracking error
0.06%

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Investment checklist: (3/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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SBI-ETF Nifty Next 50 Shareholder returns

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1 day
+1.23%
1 week
+1.55%
1 month
-8.35%
3 months
-4.56%
1 year
+62.50%
3 years
+69.18%
5 years
+153.24%

SBI-ETF Nifty Next 50 Price history

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DayOpenCloseChange %
Fri, Nov 1 2024
₹739.42
₹748.49
+1.23%
Thu, Oct 31 2024
₹765.15
₹739.42
-0.46%
Wed, Oct 30 2024
₹748.29
₹742.84
-0.35%
Tue, Oct 29 2024
₹744.49
₹745.44
+0.66%
Mon, Oct 28 2024
₹742.30
₹740.55
+0.48%
Fri, Oct 25 2024
₹769.80
₹737.04
-1.39%
Thu, Oct 24 2024
₹753.49
₹747.40
-0.34%
Wed, Oct 23 2024
₹756.69
₹749.92
-1.51%

Frequently asked questions