| Investment Objective The principal investment objective of the scheme is to invest in stocks of companies comprising the underlying index and endeavor to achieve return equivalent to underlying index by “passive” investment. The scheme will be managed by replicating the index in the same weightages in the underlying Index with the intention of minimizing the performance differences between the scheme and the underlying Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scripts/weights as and when the same are altered in the underlying index. |
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| Inception Date |
28th June, 2018 | ||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, CFA, MMS Managing the scheme since August-2018 & Mr Ayush Jain, Assistant Fund Manager CA, B.Com (Tax) Managing the scheme since May 2022 |
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| Fund AUM |
Fund size monthly average : 3081.37 Crore Closing AUM : 3145.51 Crore |
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| High/Low NAV in the month |
High Growth Option : 19.6632 Low Growth Option : 18.9523 |
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Total expense ratio (%) |
Regular : 0.80 Direct : 0.35 |
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Minimum Investment Amount |
5000/- subsequent minimum investment under a folio is Rs 1000/- and in multiplies of Rs 1/- thereafter with no upper limit | ||||||||
Plans/Options
(Regular / Direct) |
Growth option | ||||||||
| Market Capitalisation (%) |
|
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Load Structure |
Entry Load : Nil Exit Load : Nil |
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NAV per unit as on 31st January, 2024 |
Regular Growth Option 19.6632 Direct Growth Option 20.2480 |
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Benchmark Index |
Nifty Next 50 TRI | ||||||||
| Fund Size | 3081.37 Crore (Monthly Average as on 31/1/2024) | ||||||||
| SIP/SWP/STRIP |  |
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Fund |
Benchmark |
|
| Beta | 1.00 |
1 |
| Standard Deviation (Annual) | 16.22% |
16.23% |
| Sharpe Ratio | 0.83% |
|
| Portfolio Turnover Ratio (Annual) | 0.30 |
| Financial Services | 21% |
| Fast Moving Consumer Goods | 12% |
| Consumer Services | 11% |
| Capital Goods | 11% |
| Oil, Gas & Consumable Fuels | 7% |
|
Equity
|
% of NAV
|
| Shriram Finance Ltd | 4.12 |
| Trent Ltd. | 4.09 |
| Bharat Electronics Ltd. | 4.00 |
| Tata Power Company Ltd. | 3.96 |
| Hindustan Aeronautics Ltd | 3.37 |
| Indian Oil Corporation Ltd. | 3.24 |
| DLF Ltd. | 3.10 |
| Cholamandalam Investment And Fin. Co. Ltd | 2.87 |
| TVS Motor Company Ltd | 2.80 |
| GAIL (India) Ltd. | 2.79 |
| Bank Of Baroda | 2.77 |
| Godrej Consumer Products Ltd | 2.65 |
| Interglobe Aviation Ltd | 2.54 |
| Ambuja Cements Ltd. | 2.47 |
| Info-Edge (India) Ltd. | 2.35 |
| Pidilite Industries Ltd. | 2.32 |
| ICICI Lombard General Insurance Company Ltd | 2.30 |
| Shree Cement Ltd. | 2.29 |
| Siemens India Ltd. | 2.21 |
| Vedanta Ltd | 2.20 |
| Colgate Palmolive India Ltd. | 2.06 |
| Punjab National Bank | 2.04 |
| SRF Ltd. | 2.03 |
| Havells India Ltd. | 1.95 |
| Canara Bank | 1.94 |
| United Spirits Ltd. | 1.90 |
| Dabur India Ltd. | 1.89 |
| Zomato Ltd | 1.85 |
| Indian Railway Catering & Tourism Ltd | 1.78 |
| Jindal Steel & Power Ltd. | 1.67 |
| Others | 22.44 |
| Net Current Assets | 0.01 |
| TOTAL | 100.00 |
% of top 10 stocks |
34.33 |
Median Market Cap ( Cr) |
109,586 |
Weighted Average Market Cap |
117,324 |
Number of Securities |
50 |
All figures given are provisional and unaudited. |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000 |
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| Period | NAV Growth (%) |
Nifty Next 50 TRI (%) |
Nifty 50 TRI (%) |
NAV Growth () |
Nifty Next 50 TRI () |
Nifty 50 TRI () |
| 1 Y | 40.76 |
41.92 |
24.35 |
14,076 |
14,192 |
12,435 |
| 3 Y | 20.25 |
21.30 |
18.19 |
17,388 |
17,848 |
16,510 |
| 5 Y | 15.86 |
16.84 |
16.29 |
20,885 |
21,784 |
21,276 |
| SI* | 12.84 |
14.16 |
15.04 |
19,663 |
20,986 |
21,907 |
Different plans have a different expense structure. The performance details provided herein are of regular plan.
*Compounded annualized Growth Rate.
For performance details of other Schemes managed by the Fund Manager, please refer the respective Scheme sheets as listed in Please click here in ‘Fund Manager Summary’.
Schemes Managed by Mr. Sharwan Kumar Goyal & Mr Ayush Jain.
The performance of the benchmark is calculated using total return index variant of the benchmark index. Load is not taken into consideration for computation of performance.
| Period | |||||||
|
Investment Amount ()
|
Value- Fund
() |
Nifty Next 50 TRI ()
|
Nifty 50 TRI ()
|
Yield (%) Fund
|
Yield (%)
Nifty Next 50 TRI |
Yield (%)
Nifty 50 TRI |
|
1 Y |
120,000 |
154,170 |
154,878 |
138,471 |
56.48 |
57.72 |
29.62 |
3 Y |
360,000 |
487,059 |
493,632 |
459,553 |
20.63 |
21.60 |
16.50 |
| 5 Y | 600,000 |
980,387 |
1,004,522 |
947,510 |
19.72 |
20.72 |
18.32 |
SI |
670,000 |
1,117,266 |
1,147,876 |
1,095,157 |
18.25 |
19.23 |
17.53 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.
- Capital growth in tune with index returns
- Passive investment in equity instruments comprised in Nifty Next 50 index
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
