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3 star

SBI Nifty Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.64 Lakh

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 -11.49 0.33 4.88 6.54 22.95 -10.63 -8.35 4.43 5.63 9.58 --
S&P BSE 100 TRI -10.34 0.39 4.73 6.39 23.05 -9.49 -7.44 4.13 6.16 10.78 --
Equity: Large Cap -10.03 0.37 4.06 5.47 20.74 -9.23 -6.72 3.54 5.87 11.28 --
Rank within category 55 45 9 12 7 54 51 24 31 44 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 07-Jul-2020

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 -8.35 4.43 5.63 0.28 824
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -7.62 3.90 6.88 1.10 21,766
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -5.80 5.15 8.83 0.65 15,175
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.46 11.12 9.91 0.44 13,003
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.69 4.24 6.68 1.14 1,406

Best & Worst Performance

Best (Period) Worst (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 51.46 (03-Sep-2013 - 03-Sep-2014) -33.06 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.58 21.15 0.01 0.01 1.01 0.23
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 21 46 22 21 47 21
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 59.72
Top 5 Stocks (%) 39.91
Top 3 Sectors (%) 65.21
Portfolio P/B Ratio 2.35
Portfolio P/E Ratio 19.25

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,32,243 1,76,859
Giant (%) 82.24 66.23
Large (%) 14.86 23.42
Mid (%) 2.90 9.88
Small (%) -- 1.60
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 31.07 11.52 6.12 11.52
up HDFC Bank Financial 22.46 11.02 8.95 10.03
up HDFC Financial 15.30 8.50 6.32 6.98
up Infosys Technology 20.06 6.79 4.49 6.16
up ICICI Bank Financial 25.29 6.94 4.06 5.23
up Tata Consultancy Services Technology 26.11 5.21 3.04 5.04
up ITC FMCG 15.81 7.37 3.64 4.19
up Kotak Mahindra Bank Financial 31.47 4.70 3.04 3.99
up Hindustan Unilever FMCG 75.33 4.45 2.06 3.58
up Bharti Airtel Communication -- 3.01 0.91 3.01
up Larsen & Toubro Construction 13.86 4.02 2.65 2.80
up Axis Bank Financial 67.64 3.38 1.97 2.11
up Asian Paints Chemicals 61.26 2.04 1.13 1.85
up Maruti Suzuki India Automobile 32.61 3.04 1.54 1.81
up Nestle India FMCG 80.49 1.58 0.00 1.52
up State Bank of India Financial 8.74 2.92 1.51 1.51
up HCL Technologies Technology 14.23 1.45 1.15 1.45
up Bajaj Finance Financial 37.51 2.44 0.00 1.26
up Sun Pharmaceutical Inds. Healthcare 30.91 1.64 0.85 1.25
up Dr. Reddy's Lab Healthcare 32.14 1.20 0.54 1.20
up NTPC Energy 13.44 1.36 1.00 1.15
up Ultratech Cement Construction 18.83 1.12 0.83 1.10
up Mahindra & Mahindra Automobile 549.59 1.98 0.74 1.02
up Power Grid Corporation Energy 9.61 1.24 0.88 0.98
up Britannia Inds. FMCG 63.30 0.97 0.00 0.97

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 31-May-2020

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:


0.33%

Change from previous, NAV as on 07-Jul-2020

Growth: ₹ 95.4331

Dividend: ₹ 49.0176


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: 01-Jan-2013
Return Since Launch: 8.61%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 824 Cr (As on 31-May-2020)
Expense: 0.28% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 40.00%

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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