Rating : ★ ★ ☆ ☆ ☆
SBI Nifty Index Fund Direct Growth
Index Funds
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
0%
Asset Size
2753.25 Cr.
(As of 31 Jul, 2022)
Benchmark
IISL Nifty 50 PR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
Objective
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus IDCW payments by the constituent stocks.
Fund manager
Raviprakash Sharma
Exit load
0.2 %
(If redeemed within 15 days)Minimum sip
₹500
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Reliance Industries Ltd
11.46%
HDFC Bank Ltd
8.33%
ICICI Bank Ltd
7.54%
Infosys Ltd
7.51%
Sector Allocation
About the Scheme Type
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Ratings
This fund is rated 2 stars by Morning Star Ratings.
★ ★ ☆ ☆ ☆
Overview of SBI Funds Management Private Limited
With 30 years of rich experience in fund management, we at SBI Mutual Fund, bring forward our expertise by consistently delivering value to our investors. SBI Mutual Fund has a strong and proud lineage tailing back to the State Bank of India (SBI) - India's largest bank. SBI Mutual Fund is a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.
SBI Mutual Fund’s vision -
“To be the most trusted and respected Asset Manager”, and we deliver value and nurture the trust of our vast and varied family of investors, with our network of over 222 acceptance points across India. Investors are our priority. SBI Mutual Fund’s mission is to establish Mutual Funds as a viable investment option to the masses in the country. While on our way towards achieving it, we, at SBI Mutual Fund, have developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds. Today, SBI Mutual Fund has been actively managing investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.