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Fincash » Mutual Funds » SBI Nifty Index Fund

SBI Nifty Index Fund - G

NAV  ₹205.563 ↑ 0.65  (0.32 %) as on 14 Jun 24

Scheme Objective

The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.

SBI Nifty Index Fund is a Others - Index Fund fund launched on 17 Jan 02. It is a fund with Moderately High risk and has given a CAGR return of 14.6% since its launch.  Ranked 75 in Index Fund category.  Return for 2023 was 20.7% , 2022 was 5.1% and 2021 was 24.7% .

Below is the key information for SBI Nifty Index Fund

NAV as on 14 Jun 24₹205.563 ↑ 0.65  (0.32 %)
Net Assets (AUM) as on 30 Apr 2024 ₹7,311 Cr.
Launch Date17 Jan 2002
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCSBI Funds Management Private Limited
Alpha Ratio-0.54
Expense Ratio0.5 %
Sharpe Ratio1.619
Information Ratio-18.36
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-15 Days (0.2%),15 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 5.9%
3 Month 6.3%
6 Month 11.2%
1 Year 26%
3 Year 14.8%
5 Year 15.2%
10 Year
15 Year
Since launch 14.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 20.7%
2022 5.1%
2021 24.7%
2020 14.6%
2019 12.5%
2018 3.8%
2017 29.1%
2016 3.4%
2015 -4.2%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹8,021
31 May 21₹13,094
31 May 22₹14,043
31 May 23₹15,770
31 May 24₹19,298
SBI Nifty Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Equity100.08%
SBI Nifty Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 03 | HDFCBANK
Banks - Regional11%₹840 Cr5,524,176
↑ 287,314
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 03 | RELIANCE
Oil & Gas Refining & Marketing10%₹729 Cr2,484,853
↑ 129,274
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 03 | ICICIBANK
Banks - Regional8%₹593 Cr5,157,527
↑ 268,268
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
Information Technology Services5%₹372 Cr2,622,017
↑ 136,385
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 04 | LT
Engineering & Construction4%₹312 Cr868,350
↑ 45,161
Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 05 | TCS
Information Technology Services4%₹284 Cr744,134
↑ 38,707
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
Tobacco4%₹284 Cr6,509,423
↑ 338,652
Bharti Airtel Ltd (Communication Services)
Equity, Since 29 Feb 04 | BHARTIARTL
Telecom Services3%₹253 Cr1,910,783
↑ 99,390
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 10 | 532215
Banks - Regional3%₹243 Cr2,085,457
↑ 108,497
State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN
Banks - Regional3%₹233 Cr2,818,849
↑ 146,623
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Fund Managers

NameSinceTenure
Raviprakash Sharma1 Feb 1113.25 Yr.
Mohit Jain30 Nov 176.42 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
SBI Mutual Fund191"E", Maker Tower,Cuffe Parade

Auditors

CompanyAddress
M/s. M. M. Nissim & Co.3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
SBI Nifty Index Fund
Growth
₹205.563
↑ 0.65
11.18 %25.96 %14.78 %15.18 %
SBI Nifty Index Fund
Normal Dividend, Reinvestment
₹105.467
↑ 0.33
11.19 %25.97 %14.78 %15.21 %
Data as on 14 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.