SBI Nifty 500 Index Fund Direct Growth
NAV as on 17-04-2025
₹ 8.95
▲1.3%
1D
Inception Returns
/yr
Historical NAV & Returns
Absolute
▲
▼
1113 people have invested ₹ 51.7L in SBI Nifty 500 Index Fund Direct Growth in the last three months
About SBI Nifty 500 Index Fund Direct Growth
SBI Nifty 500 Index Fund Direct Growth is an equity fund. This fund was started on 30 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Nifty 500 Index Fund Direct Growth has ₹809 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
SBI Nifty 500 Index Fund Direct Growth has given a CAGR return of -10.48% since inception.
Holdings
SBI Nifty 500 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Nifty 500 Index Fund Direct Growth
The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Nifty 500 Index Fund Direct Growth has no lock in period.
SBI Nifty 500 Index Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹809 Cr |
| Inception Date | 30 September, 2024 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Mar-25)
Large cap
71.6%
Mid cap
18.4%
Small cap
9.9%
Sector Allocation
Financial Services
30.5%
Industrial
10.9%
Consumer Cyclical
10.4%
Tech
10%
Basic Materials
8.3%
Energy
7.4%
Consumer Defensive
7%
Health
6.5%
Utilities
4%
Communication
3.8%
Real Estate
1.2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty 500 by 0.98% in Mar'25
- AUM of the fund stands at 809.1 Cr as of Mar'25
- AUM increased by 57.4 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 5.19% to 5.38%
Kotak Mahindra Bank Ltd's allocation increased from 1.71% to 1.8%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 0.36% to 0.45%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.05 % to 7.86 %
Reliance Industries Ltd's allocation decreased from 4.98 % to 4.88 %
Infosys Ltd's allocation decreased from 3.71 % to 3.19 %
Mid Cap allocation has gone down from 18.4% to 18.4%
Large Cap allocation has gone down from 71.9% to 71.6%
Small Cap allocation has gone up from 9.6% to 9.9%
Cash allocation has gone down from 0% to 0%
Top 3 Sectors in March were Financial Services, Tech & Consumer Cyclical
Mar'25
Financial Services
31%
Industrial
11%
Consumer Cyclical
10%
Feb'25
Financial Services
31%
Tech
11%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.86% | -0.4% | |
 ICICI Bank Ltd | 5.38% | -0.4% | |
 Reliance Industries Ltd | 4.88% | -0.6% | |
 Infosys Ltd | 3.19% | -0.5% | |
 Bharti Airtel Ltd | 2.63% | -0.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Nifty 500 Index Fund Direct Growth | - | - | - | -10.48% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 15.05% | 13.86% | 21.46% | 13.14% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 8.76% | 11.98% | 21.92% | 12.91% |
 ICICI Prudential Nifty 50 Index Plan Direct Growth | 8.69% | 11.94% | 21.79% | 12.97% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 10.1% |
 ICICI Bank Ltd | 7.4% |
 Reliance Industries Ltd | 2.9% |
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Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
SBI Nifty 500 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 99.99% in Equity, 0% in Debt and 0.01% in Cash related instruments
AUM size ₹809 Cr
This fund has AUM of ₹809 Cr which is more than its category average of ₹ 771 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.55%
More funds from SBI
5Y CAGR
▲ 31.28
5Y CAGR
▲ 26.46
5Y CAGR
▲ 31.68
5Y CAGR
▲ 29.53
5Y CAGR
▲ 35.50
Frequently Asked Questions for SBI Nifty 500 Index Fund Direct Growth
The current NAV of SBI Nifty 500 Index Fund Direct Growth is ₹8.95 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
SBI Nifty 500 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.84% | 6.84% |
6 Month Returns | -7.13% | -7.13% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.39% as on March 2025
₹809 Cr as on March 2025
HDFC Bank Ltd(7.86%), ICICI Bank Ltd(5.38%), Reliance Industries Ltd(4.88%), Infosys Ltd(3.19%), Bharti Airtel Ltd(2.63%) as on March 2025
Financial Services(30.53%), Industrial(10.93%), Consumer Cyclical(10.38%) as on March 2025
The alpha ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
As on March 2025
The alpha for SBI Nifty 500 Index Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
As on March 2025
The Beta for SBI Nifty 500 Index Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
As on March 2025
The sharpe ratio for SBI Nifty 500 Index Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of SBI Nifty 500 Index Fund Direct Growth is 0.25%