FAQ : SBI Nifty Index Fund - Growth - Direct Plan

SBI Nifty Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 25.83 16.26 14.41 12.37
Average Rolling Returns(%) 14.28 13.01 11.20 10.27

The Current NAV of SBI Nifty Index Fund - Growth - Direct Plan is ₹205.35.

You should look for a fund with better more consistent performance track record. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.

SBI Nifty Index Fund - Growth - Direct Plan fund’s expense ratio is 0.18%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Nifty Index Fund - Growth - Direct Plan is currently ₹7,311 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 30% of its portfolio. Top 5 and 10 stocks of fund account for 39% and 57% of fund’s portfolio respectively.

Top three sectors of SBI Nifty Index Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 58% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Nifty it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Nifty Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty.

Raviprakash Sharma manages the SBI Nifty Index Fund - Growth - Direct Plan Fund.

SBI Nifty Index Fund - Growth - Direct Plan current PE ratio is 31.64 and PB ratio is 6.10

The asset allocation of SBI Nifty Index Fund - Growth - Direct Plan is Stocks : 100.08%, Debt : -0.08% and Gold : 0%

The minimum SIP amount for SBI Nifty Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for SBI Nifty Index Fund - Growth - Direct Plan is 0.20% on or before 15 days, Nil after 15 days

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