SBI Nifty Midcap 150 Momentum 50 ETF FoF Review: Metrics & Performance
By Market Desk
Detailed review of SBI Nifty Midcap 150 Momentum 50 ETF FoF Direct Plan. Analyze NAV, AUM, and performance against peers. Limited long-term data.
The SBI Nifty Midcap 150 Momentum 50 ETF FoF – Direct Plan recently underwent a detailed examination, outlining its Net Asset Value (NAV) and Assets Under Management (AUM) for investors. This comprehensive review provides crucial insights into the fund’s structure and current standing in the market.
Fund Performance and Peer Comparisons
The fund’s performance has been rigorously compared across monthly, quarterly, and yearly periods against several peer funds. These include the Quant Momentum Fund Direct-IDCW, Groww Nifty 500 Momentum 50 ETF FoF Direct-IDCW, and DSP Nifty500 Flexicap Quality 30 Index Fund Direct-IDCW.
- Cumulative returns are evaluated against direct plan counterparts.
- SIP returns are also benchmarked over various durations.
- Discrete returns provide additional context for performance analysis.
Notably, scheme data for this specific SBI plan is not available for extended periods. Consequently, many longer-term return figures, specifically for 3 and 5 years, are reported as 0.00%.
Quantitative Measures and Asset Allocation
Further analysis of the fund incorporates a range of quantitative metrics to assess its risk and return profile. These measures offer a deeper understanding of the fund’s market behavior and investment characteristics.
- Mean Returns
- Alpha and Beta
- R-Squared, Treynor, and Sharpe Ratio
- Standard Deviation
The review also details the fund’s asset allocation, illustrating its distribution across equity, debt, and cash components. Corpus trends are presented, showing the evolution of the fund’s asset base over time.
Risk-Return Matrix Insights
A dedicated risk-return matrix provides a visual comparison of the fund’s mean return and standard deviation. This matrix benchmarks the SBI Nifty Midcap 150 Momentum 50 ETF FoF against other schemes.
- SBI Quality Fund Direct-IDCW
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct-IDCW
This comparative framework allows investors to gauge the fund’s risk-adjusted performance relative to similar offerings in the market.