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3 star

SBI Nifty Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.80 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.50 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 30.41 -0.35 -1.21 3.24 14.63 26.46 53.53 21.63 16.61 13.11 --
S&P BSE 100 TRI 31.32 -0.48 -1.79 2.79 13.76 26.58 55.25 22.00 16.77 13.91 --
Equity: Large Cap 31.11 -0.56 -2.02 2.36 12.77 26.15 54.67 21.39 15.76 13.79 --
Rank within category 38 34 29 30 19 35 38 32 19 39 --
Number of funds in category 71 84 84 82 80 75 70 58 50 49 0

As on 22-Oct-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 - Direct Plan  | Invest Online
3 star
Jan-13 53.53 21.63 16.61 0.18% 1,527
Axis Bluechip Fund - Direct Plan
5 star
Jan-13 50.71 25.93 19.96 0.48% 33,154
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 57.54 20.90 16.44 1.09% 30,724
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 53.07 22.91 17.76 0.53% 30,456
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 56.32 23.33 16.59 1.02% 9,536

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.60 26-May-2020 - 02-Jun-2020 -19.20 11-Mar-2020 - 18-Mar-2020
Month 20.17 23-Mar-2020 - 22-Apr-2020 -36.93 20-Feb-2020 - 23-Mar-2020
Quarter 34.98 23-Mar-2020 - 22-Jun-2020 -37.90 23-Dec-2019 - 23-Mar-2020
Year 95.04 23-Mar-2020 - 23-Mar-2021 -33.06 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.11 22.00 0.69 0.80 1.02 -0.69
S&P BSE 100 TRI 19.55 21.62 0.72 0.85 -- --
Equity: Large Cap 19.04 21.06 0.73 0.84 0.95 0.21
Rank within category 30 49 42 39 52 45
Number of funds in category 58 58 58 58 58 58

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 58.67
Top 5 Stocks (%) 41.04
Top 3 Sectors (%) 68.21
Portfolio P/B Ratio 3.79
Portfolio P/E Ratio 28.19

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 4,15,578 2,96,665
Giant (%) 85.28 66.24
Large (%) 14.72 25.73
Mid (%) -- 10.33
Small (%) -- 2.10
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 33.67 14.55 8.58 10.73
up HDFC Bank Financial 26.81 11.02 9.07 9.19
up Infosys Technology 34.38 8.70 5.05 8.18
up HDFC Financial 25.97 8.50 6.28 6.55
up ICICI Bank Financial 27.49 6.94 4.70 6.40
up Tata Consultancy Services Technology 35.32 5.47 4.27 5.15
up Kotak Mahindra Bank Financial 43.02 4.90 3.46 3.88
up Hindustan Unilever FMCG 68.68 4.45 2.53 3.18
up ITC FMCG 20.66 5.66 2.49 2.72
up Larsen & Toubro Construction 20.11 4.02 2.22 2.71
up Bajaj Finance Financial 103.46 2.69 1.26 2.68
up Axis Bank Financial 30.66 3.38 2.04 2.60
up State Bank of India Financial 18.07 2.83 1.42 2.29
down Bharti Airtel Communication 358.71 3.04 0.91 2.00
up Asian Paints Chemicals 86.02 2.04 1.25 1.93
up HCL Technologies Technology 27.43 1.83 1.18 1.83
up Bajaj Finserv Financial 70.45 1.42 0.65 1.42
up Tata Steel Metals 7.49 1.63 0.54 1.33
up Maruti Suzuki India Automobile 42.75 2.31 1.23 1.28
up Wipro Technology 30.22 1.28 0.68 1.24
up Titan Company Consumer Durable 164.56 1.19 0.83 1.19
up Sun Pharmaceutical Industries Healthcare 32.49 1.51 0.85 1.16
up Tech Mahindra Technology 30.75 1.21 0.76 1.13
up Ultratech Cement Construction 32.32 1.28 0.83 1.12
up Mahindra & Mahindra Automobile 47.41 1.70 0.74 1.01

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-Sep-2021

Fund Manager

— Raviprakash Sharma since 01-Jan-2013

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:


-0.35%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 161.8076

IDCW: ₹ 83.1113


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: 01-Jan-2013
Return Since Launch: 13.93%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,527 Cr (As on 30-Sep-2021)
Expense: 0.18% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 49.00%

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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