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SBI Nifty Index Direct Plan Growth-1.49%

18.88%
1 Year Return
Equity
Index
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Nifty Index Direct Plan Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.09%
NAV₹127.50 (22 Jan 2021)
Fund Started01 Jan 2013
Fund Size950 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
18.9%
10.2%
15.0%
12.1%
Category Average
18.7%
8.8%
14.3%
-
Rank Within Category
37
23
22
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 18.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.09%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyEquity10.4%
HDFC Bank Ltd.FinancialEquity10.1%
Infosys Ltd.TechnologyEquity7.6%
Housing Development Finance Corpn. Ltd.FinancialEquity7.5%
ICICI Bank Ltd.FinancialEquity6.0%
Tata Consultancy Services Ltd.TechnologyEquity4.9%
Kotak Mahindra Bank Ltd.FinancialEquity4.7%
Hindustan Unilever Ltd.FMCGEquity3.5%
ITC Ltd.FMCGEquity3.0%
Larsen & Toubro Ltd.ConstructionEquity2.5%
See All

SBI Nifty Index Direct Plan Growth Details

SBI Nifty Index Direct Plan Growth is a Equity 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 ₹950 Cr and the Latest NAV as of 22 Jan 2021 is ₹127.50.

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 is a passively managed index fund, which would invest in all the stocks comprising Nifty 50 Index in the same proportion as their weightage in the index.

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
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,
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