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SBI Nifty50 Equal Weight Index Fund(G)-Direct Plan

Smart beta Index Fund
1 Finance Score:67 /100
1 Finance Rank

This fund ranks 10th out of 57 funds in its category.

10
AUM₹ 973 Cr
Expense Ratio0.53%

Strengths and Weaknesses

thub-like

Accurate tracking of performance of underlying benchmark index with minimal deviation.

thub-dislike

High expense ratio of 0.53% as compared with category average of 0.36%.

Who should invest? 

Investors seeking to outperform traditional market-cap-weighted indexes while potentially managing risk and improving their return profile.

Who should avoid? 

Investors who prefer a purely passive investment strategy, are not comfortable with the additional complexities and potential risks.

This analysis is updated as on March 2025.

Disclaimer

The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.

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Did you know?

Nearly 60% of mutual fund equity AUM is invested in Nifty 50 stocks. This means a significant portion of your investment may overlap with these stocks, potentially harming your portfolio due to overdiversification.
Investing in a direct plan could potentially yield an additional annual return of around 1%.
Most mutual fund schemes are unable to maintain their top-ranking position in terms of returns from year to year. Therefore, it's not advisable to make investment decisions solely based on past performance.
Opting for passive funds (Index funds) over active funds presents a superior choice. These funds not only come with minimal fees but also demonstrate consistent outperformance, particularly in the large cap category.