SBI Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
1Y
All
NAV: 21 Feb 2024₹16.00
Min. SIP amount₹500
RatingNA
Fund size₹668.56Cr

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
Absolute returns
3M6M1YAll
Fund returns25.8%33.3%51.9%60.5%
Category averageNANA35.9%NA
Rank with in category698NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
FinancialEquity4.12%
ServicesEquity4.09%
Capital GoodsEquity4.00%
EnergyEquity3.97%
Capital GoodsEquity3.37%
EnergyEquity3.24%
ConstructionEquity3.10%
FinancialEquity2.87%
AutomobileEquity2.80%
EnergyEquity2.80%
See All

Expense ratio, exit load and tax

Expense ratio: 0.34%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 30 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

Raviprakash Sharma
Apr 2021 - Present
View details

Education
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience
Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
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
E-mail
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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