SBI Nifty Index Direct Plan Growth+3.15%

3
-21.73%
1 Year Return
Others
Index
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Nifty Index Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.28%
NAV82.18 (27 May 2020)
Fund Started01 Jan 2013
Fund Size788 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Nifty Index Direct Plan Growth
-21.7%
-0.3%
3.0%
6.6%
Category Average
-21.4%
-2.1%
4.0%
-
Rank within category
56
28
36
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -21.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity11.3%
    HDFC Bank Ltd.FinancialEquity10.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity7.9%
    Infosys Ltd.TechnologyEquity6.3%
    ICICI Bank Ltd.FinancialEquity5.9%
    Tata Consultancy Services Ltd.TechnologyEquity5.0%
    Kotak Mahindra Bank Ltd.FinancialEquity4.3%
    ITC Ltd.FMCGEquity3.8%
    Hindustan Unilever Ltd.FMCGEquity3.7%
    Bharti Airtel Ltd.CommunicationEquity2.8%
    See All

    SBI Nifty Index Direct Plan Growth Details

    SBI Nifty Index Direct Plan Growth is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Raviprakash Sharma is the Current Fund Manager of SBI Nifty Index Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹788 Cr and the Latest NAV as of 27 May 2020 is ₹82.18.

    The SBI Nifty Index Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.20% if redeemed within 15 days

    Investment Objective

    The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the S&P CNX Nifty index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of S&P CNX Nifty index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

    Tax Implications

    Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.20% if redeemed within 15 days
    Exit Load

    Compare Funds

    SBI Nifty Index Direct Plan Growth
    VS
    search

    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    29 Jun 1987
    SBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Similar Funds
    Data not available