SBI Nifty Index Direct Plan Growth

Other
Index
Very High Risk
14.00%
3Y annualised
-1.61% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 Jan 2023₹159.12
Min. SIP amount₹500
Rating3
Fund size₹3,167.95Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%14.0%10.6%11.9%
Category average2.2%13.2%9.5%NA
Rank with in category243021NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity11.0%
HDFC Bank Ltd.FinancialEquity9.0%
ICICI Bank Ltd.FinancialEquity7.8%
Infosys Ltd.TechnologyEquity6.9%
Housing Development Finance Corporation Ltd.FinancialEquity5.9%
Tata Consultancy Services Ltd.TechnologyEquity4.2%
ITC Ltd.Consumer StaplesEquity3.6%
Kotak Mahindra Bank Ltd.FinancialEquity3.3%
Axis Bank Ltd.FinancialEquity3.2%
Larsen & Toubro Ltd.ConstructionEquity3.1%
See All

Pros and cons

Category: Other Index

Pros

Cons

Lower expense ratio: 0.18%
10Y annualised returns lower than category average by 0.1%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower alpha: -1.11 The fund has generated returns lower than benchmark - NIFTY 50 Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.18%

Inclusive of GST

Exit load

Exit load of 0.20% if redeemed within 15 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Mohit Jain
Nov 2017 - Present
View details

Education
Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience
Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
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,

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