SBI Nifty Index Fund Direct Growth - Regular - Latest NAV [ ₹140.8595 ], Returns, Performance, Portfolio & Returns 2021

SBI Nifty Index Fund Direct Growth

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years13.61%
3 Years12.54%
1 Year42.14%
6 Months16.44%
Fund Details
RiskVery High Risk
Fund TypeIndex Funds
Exit Load0.2% for 15 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd Shs Dematerialised9.88%
HDFC Bank Ltd9.47%
Infosys Ltd8.49%
Housing Development Finance Corp Ltd6.46%
ICICI Bank Ltd6.33%
Tata Consultancy Services Ltd5.02%
Kotak Mahindra Bank Ltd3.62%
Hindustan Unilever Ltd3.2%
Axis Bank Ltd2.79%
Larsen & Toubro Ltd Shs Dematerialised2.63%

About SBI Nifty Index Fund - Direct Plan - Growth

The scheme invests assets in stocks comprising the Nifty 50 Index in the same proportion as their weightage in the index. The aim of the scheme is to generate returns that are equivalent to the Total Returns Index of the Nifty 50 Index and to reduce the performance difference between the benchmark index and the scheme.

Pros and Cons of SBI Nifty Index Fund - Direct Plan - Growth

The one-year, three-year, and five-year returns from the scheme are higher than the category average returns. But, the risk-adjusted returns are lower than the category.

Fund Information and Statistics

i) Inception/Launch Date

The scheme was launched on 17 January 2002.

ii) Risk Level

The scheme comes with a moderately high risk as the assets are passively invested in stocks comprising the Nifty 50 Index.

iii) Redemption

There is no lock-in period for the principal invested. Consider the exit load before redeeming the fund units.

iv) Fund Manager

Mr Raviprakash Sharma is the current Fund Manager for the fund.

v) Entry/Exit Load

Though there is no entry load for this fund, an exit load of 0.20% will be charged if you exit from the scheme within 15 days from the date of allotment. From the 15th day onwards, no exit load is chargeable.

About SBI Mutual Fund

SBI Mutual Fund, the renowned fund house in India, was set up on 29 June 1987. The fund house registered with the Securities and Exchange Board of India (SEBI) on 23 December 1993. While State Bank of India is the sponsor for the fund house, SBI Mutual Fund Trustee Company Private Limited works as the trustee company.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

20 yrs
₹1,000 invested monthly becomes
0 in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns