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4 star

SBI Nifty Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.89 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of 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 for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 15.81 1.54 2.49 2.72 10.68 9.58 48.87 12.61 13.88 11.53 11.64
S&P BSE 100 TRI 17.83 1.42 2.59 3.07 11.64 11.25 51.77 13.73 14.98 12.95 13.24
Equity: Large Cap 18.18 1.32 2.54 3.37 12.16 12.10 49.69 12.75 14.01 12.32 12.59
Rank within category 84 19 57 95 108 90 61 60 46 47 42
Number of funds in category 119 128 128 127 123 119 114 94 80 63 55

As on 03-Aug-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Nifty Index Fund  | Invest Online
4 star
Jan-02 48.87 12.61 13.88 0.49 1,275
Axis Bluechip Fund
5 star
Jan-10 45.03 14.88 16.81 1.76 28,233
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 50.80 13.02 13.90 1.74 27,994
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 50.30 14.54 15.83 1.59 26,747
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 53.31 13.95 14.05 2.05 8,427

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 13.69 22.04 0.43 0.50 1.01 -1.03
S&P BSE 100 TRI 14.66 21.89 0.48 0.56 -- --
Equity: Large Cap 13.76 21.33 0.46 0.54 0.95 -0.40
Rank within category 58 81 65 57 85 69
Number of funds in category 95 95 95 95 95 95

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

As on 31-Jul-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 57.88
Top 5 Stocks (%) 40.63
Top 3 Sectors (%) 67.19
Portfolio P/B Ratio 3.37
Portfolio P/E Ratio 29.77

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,66,824 2,66,400
Giant (%) 86.26 67.47
Large (%) 13.74 25.42
Mid (%) -- 9.10
Small (%) -- 2.17
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 29.56 14.55 8.58 9.88
up HDFC Bank Financial 24.68 11.02 8.96 9.47
up Infosys Technology 34.57 8.49 5.05 8.49
up HDFC Financial 23.78 8.50 6.28 6.46
up ICICI Bank Financial 24.58 6.94 4.18 6.33
up Tata Consultancy Services Technology 35.24 5.47 4.27 5.02
up Kotak Mahindra Bank Financial 34.39 4.90 3.38 3.62
up Hindustan Unilever FMCG 68.18 4.45 2.53 3.20
up Axis Bank Financial 27.23 3.38 2.02 2.79
up Larsen & Toubro Construction 18.51 4.02 2.22 2.63
up ITC FMCG 18.54 5.78 2.57 2.57
up State Bank of India Financial 17.85 2.83 1.42 2.33
up Bajaj Finance Financial 86.48 2.44 1.14 2.31
up Asian Paints Chemicals 83.07 2.04 1.25 1.95
up Bharti Airtel Communication 279.81 3.04 0.91 1.80
up HCL Technologies Technology 24.81 1.79 1.15 1.55
up Maruti Suzuki India Automobile 42.14 2.70 1.32 1.45
up Tata Steel Metals 23.07 1.32 0.54 1.32
up Wipro Technology 28.18 1.17 0.67 1.17
up Ultratech Cement Construction 35.70 1.23 0.83 1.13
up Mahindra & Mahindra Automobile 52.80 1.90 0.74 1.08
up Bajaj Finserv Financial 55.94 1.17 0.65 1.06
up Sun Pharmaceutical Industries Healthcare 31.50 1.52 0.85 1.06
up Titan Company Consumer Durable 166.10 1.14 0.74 1.05
up Tech Mahindra Technology 24.53 1.19 0.76 0.98

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-Jun-2021

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:


1.54%

Change from previous, NAV as on 03-Aug-2021

Growth: ₹ 138.9168

IDCW: ₹ 71.2726


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
Lock-in Period Not Applicable
Exit Load 0.2% for redemption within 15 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 17-Jan-2002
Return Since Launch: 14.40%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,275 Cr (As on 30-Jun-2021)
Expense: 0.49% (As on 30-Jun-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 56.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-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: http://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

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