SBI Nifty Index Direct Plan Growth-0.87%

3Groww
-4.70%
1 Year Return
Others
Index
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

SBI Nifty Index Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.27%
NAV96.7 (21 Aug 2019)
Fund Started01 Jan 2013
Fund Size434 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Nifty Index Direct Plan Growth
-4.7%
9.0%
7.5%
10.0%
Category Average
NA
NA
NA
-
Rank within category
25
17
38
-
*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
    30
    with -4.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity10.6%
    Reliance Industries Ltd.EnergyEquity8.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity8.0%
    Infosys Ltd.TechnologyEquity6.6%
    ICICI Bank Ltd.FinancialEquity6.0%
    Tata Consultancy Services Ltd.TechnologyEquity5.1%
    ITC Ltd.FMCGEquity5.1%
    Kotak Mahindra Bank Ltd.FinancialEquity4.4%
    Larsen & Toubro Ltd.ConstructionEquity3.7%
    Axis Bank Ltd.FinancialEquity3.0%
    See All

    Other Details

    SBI Nifty Index Direct Plan Growth is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Raviprakash Sharma is the Current Fund Manager of SBI Nifty Index Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹434 Cr and the Latest NAV as of 21 Aug 2019 is ₹96.7.

    The SBI Nifty Index Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 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

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    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
    28 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,
    Invest Now
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    + ₹1,000
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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