SBI AMC - SBIETFCON
SBIETFCON
SBI AMC - SBIETFCON Chart
Fund overview
Open ₹116.90 | Close ₹116.91 | Volume 17,127 | Avg. traded ₹116.36 |
Circuit range ₹93.46 - ₹140.19 | Day range ₹115.85 - ₹117.30 | Year range ₹86.23 - ₹136.00 | |
AUM ₹18.71 Cr | ManagersHarsh Sethi | Launch Date 28 Jul 2021 |
About SBI Nifty India Consumption ETF
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The SBI Nifty India Consumption ETF is an open-ended mutual fund offered by SBI Mutual Fund House.
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SBI Nifty India Consumption ETF was launched on July 22, 2021.
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The ETF has assets under management (AUM) of ₹13.65 crore as of June 30, 2024.
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The risk level of the SBI Nifty India Consumption ETF is very high.
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Harsh Sethi has been the fund manager of SBI Nifty India Consumption ETF since June 2021.
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The ETF units are listed on both exchanges NSE and BSE, one can invest by buying units through a broker.
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Retail investors can buy all the units directly from the demat account.
Investment Objective & Benchmark
- The fund investment objective is to generate returns that closely correspond to the performance of the underlying index, subject to tracking errors.
- It is benchmarked against the NIFTY India Consumption Total Return Index
- This index represents the performance of the top companies in India's consumption sector.
- The fund offers exposure to a diversified portfolio of companies that cater to the Indian consumer market, including sectors like automobiles, consumer goods, healthcare, media and telecommunications.
- The portfolio includes a mix of large-cap and mid-cap companies that are market leaders in their respective sectors. These companies are expected to benefit from the rising consumption trends in India.
- As an index fund, it carries the risk associated with the underlying index. It is considered suitable for investors with a moderate to high-risk appetite, looking for long-term capital appreciation.
- The index is usually calculated using a free-float market capitalisation method, which means only the shares available for trading are considered in the index calculation.
Asset Allocation & Portfolio Composition
- The ETF holds 99.93% of its fund in equity and 0.07% in cash.
- The company invests in companies across market capitalisations– around, 38.81% in giant, 22.02% in large-cap, 28.73% in mid-cap and 10.43% in small-cap.
Sector-wise fund allocation:
- Consumer Staples: 34.58%
- Automobile: 21.77%
- Server: 14.09%
- Communication: 9.89%
- Consumer Discretionary: 4.47%
- Others: 15.20%
The top 10 Holdings of stocks constitute 62.96% in this ETF’s asset allocation
- ITC: 10.98%
- Bharti Airtel: 9.89%
- Mahindra & Mahindra: 8.73%
- Hindustan Unilever: 7.48%
- Maruti Suzuki India: 5.37%
- Titan Company: 4.47%
- Zomato: 4.39%
- Asian Paints: 4.31%
- Trent: 3.99%
- Bajaj Auto: 3.35%
Since its inception, SBI Nifty India Consumption ETF has given an annualised return of 22.44% to its investors, as of June 30, 2024.
In the last one year, the ETF has delivered a return of 41.67% compared to its benchmarked index which has given a return of 39.19%, as of June 2024.
Key indicators
Tracking index Nifty Consumption |
Expense Ratio0.29% |
Tracking error 0.02% |
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Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
This ETF
Nifty 50
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SBI AMC - SBIETFCON Price history
Day | Open | Close | Change % |
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Fri, Nov 8 2024 | ₹118.87 | ₹116.91 | -0.15% |
Thu, Nov 7 2024 | ₹124.39 | ₹117.08 | -1.17% |
Wed, Nov 6 2024 | ₹120.60 | ₹118.47 | |
Tue, Nov 5 2024 | ₹116.88 | ₹117.07 | |
Mon, Nov 4 2024 | ₹119.97 | ₹116.88 | -2.07% |
Fri, Nov 1 2024 | ₹118.95 | ₹119.35 | |
Thu, Oct 31 2024 | ₹118.31 | ₹117.57 | -0.63% |
Wed, Oct 30 2024 | ₹119.00 | ₹118.31 |
Composition
Name | Holdings |
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ITCITC Ltd | 10.05% |
BHARTIARTLBharti Airtel Ltd | 9.75% |
M&MMahindra & Mahindra Ltd | 7.75% |
HINDUNILVRHindustan Unilever Ltd | 7.40% |
MARUTIMaruti Suzuki India Ltd | 4.90% |
543320Zomato Ltd | 4.78% |