SBI Nifty Index Fund Regular Growth - Latest NAV ₹101.9602, Returns, Performance & Portfolio

SBI Nifty Index Fund Regular Growth

  • highlight
    7.85%
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    (+0.2)101.9602

Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.82 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.17%
5 Years7.85%
3 Years5.47%
1 Year1.54%
6 Months28.62%
Fund Details
ISININF200K01537
RiskModerately High risk
Fund TypeIndex Funds
NAV101.9602
Exit Load0.2% for 15 Days

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd14.55%
HDFC Bank Ltd9.45%
Infosys Ltd7.44%
Housing Development Finance Corp Ltd6.28%
Tata Consultancy Services Ltd5.27%
ICICI Bank Ltd4.93%
Kotak Mahindra Bank Ltd3.74%
Hindustan Unilever Ltd3.72%
ITC Ltd3.02%
Larsen & Toubro Ltd2.22%

About SBI Nifty Index Fund

Being an open-ended equity fund, the scheme’s index fund is managed passively by investing in all stocks comprising Nifty 50 Index as their weightage in the index in the same proportion.

Pros and Cons of SBI Nifty Index Fund

This product is suitable for those who are seeking:

  • Long term capital appreciation.
  • The fund invests passively in all stocks comprising Nifty 50 Index in same proportion to achieve the equivalent total returns index of Nifty 50 index.

Fund Information and Statistics of SBI Nifty Index Fund

Inception/ Launch Date

The SBI Nifty Index Fund was launched on 17 January 2002 by SBI Mutual Fund.

Risk Level

The fund is subject to moderately high risk and there is no assurance that the objective of the Fund will be met. The scheme also does not assure the return of the scheme. The NAV of the scheme’s units may get affected due to various factors affecting the capital market with the loss of principal.

Redemption

The redemption of units can be done on all business days at NAV based price. The dispatch of redemption proceeds within 10 business days from the date of the receipt of the redemption request.

Fund Manager

Mr.Raviprakash Sharma is the fund manager of SBI Nifty Index Fund since February 2011.

Entry/ Exit Load

The entry load is NIL for investing in this fund. The exit load of 0.20% is applicable on redemption of units within 15 days from the date of allotment.

Tax benefits of investing in SBI Nifty Index Fund

The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gain, in excess of Rs 1 lakh, are taxed at 10% if sold after one year. Dividend distribution tax is applicable. 10% tax will be deducted at source for dividends.

About SBI Mutual Fund

SBI Mutual fund is formed by multiple investors who seek to invest on bonds, stock etc.The capital gains are registered with the Securities and Exchange Board of India (SEBI), and professional fund managers operate the funds and invest the fund capitals and attempts to produce capital gains.

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Frequently Asked Questions

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.82 Lakhs in a period of 20 years
Moderately 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