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SBI Nifty Index Fund


1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.03 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -26.16 -0.73 -1.10 -1.70 -25.54 -24.64 -23.16 -1.13 1.64 5.85 6.31
S&P BSE 100 TRI -24.78 -0.74 -1.12 -1.69 -24.59 -23.26 -21.52 -0.79 2.71 7.46 7.56
Equity: Large Cap -23.19 -0.69 -0.81 -1.64 -23.43 -21.93 -19.73 -0.84 2.25 7.36 7.36
Rank within category 103 46 77 69 102 101 99 53 50 57 39
Number of funds in category 111 114 114 114 112 109 107 85 67 62 45

As on 22-May-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 22.88 (27-Oct-2008 - 04-Nov-2008) -21.27 (10-May-2004 - 17-May-2004)
Month 30.82 (11-May-2009 - 10-Jun-2009) -37.14 (24-Sep-2008 - 24-Oct-2008)
Quarter 81.01 (09-Mar-2009 - 10-Jun-2009) -41.08 (28-Jul-2008 - 27-Oct-2008)
Year 103.79 (24-Apr-2003 - 23-Apr-2004) -57.14 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.48 20.71 -0.05 -0.05 1.01 0.02
S&P BSE 100 TRI 4.46 20.50 -0.05 -0.05 -- --
Equity: Large Cap 4.09 19.90 -0.07 -0.08 0.95 -0.42
Rank within category 44 75 41 42 79 41
Number of funds in category 85 85 85 85 85 85

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 61.40
Top 5 Stocks (%) 41.73
Top 3 Sectors (%) 67.94
Portfolio P/B Ratio 2.45
Portfolio P/E Ratio 19.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,40,979 1,82,187
Giant (%) 82.42 66.16
Large (%) 13.86 23.68
Mid (%) 3.71 9.87
Small (%) -- 1.38
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 24.60 11.32 5.91 11.32
up HDFC Bank Financial 16.88 11.02 8.81 10.36
up HDFC Financial 12.04 8.50 6.32 7.91
up Infosys Technology 17.77 6.79 4.49 6.26
up ICICI Bank Financial 19.71 6.94 4.06 5.88
up Tata Consultancy Services Technology 23.43 5.21 3.04 5.05
up Kotak Mahindra Bank Financial 25.84 4.70 3.04 4.34
up ITC FMCG 15.29 7.37 3.64 3.79
up Hindustan Unilever FMCG 69.18 4.45 2.03 3.74
up Bharti Airtel Communication -- 2.75 0.91 2.75
up Larsen & Toubro Construction 11.72 4.02 2.65 2.65
up Axis Bank Financial 51.33 3.38 1.97 2.40
up Asian Paints Chemicals 57.13 2.04 1.13 1.89
up State Bank of India Financial 11.46 2.92 1.75 1.75
up Maruti Suzuki India Automobile 27.32 3.04 1.54 1.70
up Nestle India FMCG 76.97 1.58 0.00 1.53
up Bajaj Finance Financial 21.67 2.44 0.00 1.47
up HCL Technologies Technology 13.01 1.41 1.15 1.41
up Sun Pharmaceutical Inds. Healthcare 28.14 1.64 0.85 1.20
up Dr. Reddy's Lab Healthcare 31.94 1.14 0.54 1.14
up NTPC Energy 4.64 1.36 1.00 1.10
up Power Grid Corporation Energy 5.25 1.24 0.88 0.99
up Ultratech Cement Construction 18.06 1.16 0.83 0.97
up Titan Company Cons Durable 50.37 1.14 0.00 0.97
up Britannia Inds. FMCG 57.45 0.89 0.00 0.89

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Raviprakash Sharma since 09-Feb-2011

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.

Funds Managed:


-0.73%

Change from previous, NAV as on 22-May-2020

Growth: ₹ 77.2963

Dividend: ₹ 39.6575


Investment Strategy

The scheme is a passively managed index fund, which would invest in all the stocks comprising Nifty 50 Index in the same proportion as their weightage in the index.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load 0.2% for redemption within 15 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 17-Jan-2002
Return Since Launch: 11.79%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 788 Cr (As on 30-Apr-2020)
Expense: 0.68% (As on 30-Apr-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 44.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend23-Mar-20063.3000

 28-Mar-20053.7500
 25-Mar-20043.0000

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Last Session

Investors' Hangout

Making sense of your investments during the COVID-19 crisis

dateSaturday, 02-May-2020
time12:30 PM - 01:15 PM

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