SBI Nifty Index Fund Growth-0.42%

3
-6.55%
1 Year Return
Equity
Index
3.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Nifty Index Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.68%
NAV92.24 (10 Jul 2020)
Fund Started17 Jan 2002
Fund Size907 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Nifty Index Fund Growth
-6.5%
3.5%
5.5%
12.8%
Category Average
-16.9%
0.9%
7.0%
-
Rank within category
96
48
46
-
*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 -6.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    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
    5. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity11.5%
    HDFC Bank Ltd.FinancialEquity10.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity7.0%
    Infosys Ltd.TechnologyEquity6.2%
    ICICI Bank Ltd.FinancialEquity5.2%
    Tata Consultancy Services Ltd.TechnologyEquity5.0%
    ITC Ltd.FMCGEquity4.2%
    Kotak Mahindra Bank Ltd.FinancialEquity4.0%
    Hindustan Unilever Ltd.FMCGEquity3.6%
    Bharti Airtel Ltd.CommunicationEquity3.0%
    See All

    SBI Nifty Index Fund Growth Details

    SBI Nifty Index Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 17 Jan 2002. Raviprakash Sharma is the Current Fund Manager of SBI Nifty Index Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹907 Cr and the Latest NAV as of 10 Jul 2020 is ₹92.24.

    The SBI Nifty Index Fund 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

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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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