SBI Nifty IT Index Fund Direct Growth

SBI Nifty IT Index Fund Direct Growth

Equity
Sectoral
Very High Risk
1M
6M
All
NAV: 16 Jan '26
₹9.83
Min. SIP amount
₹500
Fund size
₹76.34 Cr
Expense ratio
0.31%

Holdings (10)

NameSectorInstrumentsAssets
Infosys Ltd.TechnologyEquity29.07%
Tata Consultancy Services Ltd.TechnologyEquity21.53%
HCL Technologies Ltd.TechnologyEquity11.26%
Tech Mahindra Ltd.TechnologyEquity9.57%
Wipro Ltd.TechnologyEquity7.12%
Persistent Systems Ltd.TechnologyEquity6.46%
LTIMindtree Ltd.TechnologyEquity5.33%
Coforge Ltd.TechnologyEquity5.27%
Mphasis Ltd.TechnologyEquity3.01%
Oracle Financial Services Software Ltd.TechnologyEquity1.73%

Minimum investments

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

Returns and rankings

Annualised returns
Absolute returns
Name1M3M6MAll
Fund returns-1.2%+8.1%+2.4%-5.3%
Category average (Equity Sectoral)--------
Rank (Equity Sectoral)--23--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25%, if redeemed within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

HS
Harsh Sethi
Feb 2025 - Present
View details

Education
Mr. Sethi is a B. Com (Hons.), CA, CS
Experience
Prior to joining SBI Mutual Fund, he has worked with J. P. Mangal & Co. as Senior Assistant. Harsh Sethi is the Equity Dealer since February 2017.

About SBI Nifty IT Index Fund Direct Growth

SBI Nifty IT Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Harsh Sethi is the Current Fund Manager of SBI Nifty IT Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,56,070 Cr and the Latest NAV as of 16 Jan 2026 is ₹9.83. The SBI Nifty IT Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 days. ;

Investment Objective

The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Fund benchmarkNIFTY IT Total Return Index

Fund house

Rank (total assets)#1 in India
Total AUM₹12,56,070.06 Cr
Date of Incorporation29 Jun 1987
Phone022-61793000 / 1800-425-5425
Launch Date29 Jun 1987
Address9th Floor & Unit no. 1002, 1003 and 1004 of 10th floor,Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex,Bandra (East) Mumbai 400051
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,