November 9, 2022
mayank
SBI Nifty 10 yr Benchmark G-Sec ETF
NAV Growth: Rs 202.2359
Suitable For Which Investors?
“This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Fund Manager:
1) Dinesh Ahuja
Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 08-Jun-16 |
| Return Since Launch | 5.27% |
| Benchmark | NIFTY 10 yr Benchmark G-Sec Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 2,303 Cr |
| (As on 31-Oct-2022) | |
| Expense Ratio | 0.14% |
| (As on 31-Mar-2022) | |
| Risk Grade | — |
| Return Grade | — |
SBI Nifty 10 yr Benchmark G-Sec ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Nifty 10Y Benchmark G-Sec ETF | -1.47 | 0.2 | 0.75 | 0.52 | 3.28 | -1.15 | 2.87 | 4.36 | — | — |
| CCIL All Sovereign Bond – TRI | 0.39 | 0.08 | 0.62 | 1.08 | 3.76 | 0.75 | 5.41 | 6.72 | — | — |
| Debt: Gilt with 10 year Constant Duration | -0.99 | 0.2 | 0.68 | 0.7 | 3.33 | -0.67 | 4.37 | 6.29 | — | — |
| Rank within category | 4 | 3 | 1 | 6 | 4 | 4 | 5 | 5 | — | — |
| Number of funds in category | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 4 | 2 |
SBI Nifty 10 yr Benchmark G-Sec ETF Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age |
| SBI Nifty 10Y Benchmark G-Sec ETF | Unrated | -1.15 | 2.87 | 4.36 | 0.14 | 2,303 | 5.27 | — | 6yrs 5mo |
| SBI Magnum Constant Mtrty Reg | Unrated | 0.01 | 4.75 | 7.01 | 0.64 | 825 | 7.72 | — | 21yrs 10mo |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 1 | 3 |
| Modified Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For SBI Nifty 10 yr Benchmark G-Sec ETF
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