Launch date | NA |
Allotment date | 30 Sep 2024 |
End date | NA |
NAV | ₹10.00 |
Inclusive of GST
Exit load of 0.25%, if redeemed within 15 days.
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹5,000 |
Min. for SIP | ₹500 |
Rank (total assets) | #1 in India |
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Total AUM | ₹10,37,900.38Cr |
Date of Incorporation | 29 Jun 1987 |
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SBI Nifty 500 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. Viral Chhadva is the Current Fund Manager of SBI Nifty 500 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,37,900 Cr and the Latest NAV as of 17 Sep 2024 is ₹10.00. The SBI Nifty 500 Index Fund Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 days. ;
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 benchmark | NIFTY 500 Total Return Index |
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