SBI Nifty 500 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 26-12-2024
₹ 9.25
▲0.1%
1D
Inception Returns
/yr
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 ₹842 Cr worth of assets under management (AUM) as on Nov 2024 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 -7.46% since inception.
Holdings
SBI Nifty 500 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, 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, ITC 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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.
Historical NAV & Returns
SBI Nifty 500 Index Fund Direct Growth Overview
| Expense ratio | 0.37% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹842 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 (30-Nov-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.34% | 3% | |
 ICICI Bank Ltd | 4.93% | 3% | |
 Reliance Industries Ltd | 4.72% | 3% | |
 Infosys Ltd | 3.6% | 3% | |
 ITC Ltd | 2.39% | 3.1% |
Top Losers | 1M Return |
|---|---|
 NTPC Ltd | -9.2% |
 Asian Paints Ltd | -8.3% |
 Reliance Industries Ltd | -5.5% |
SBI Nifty 500 Index Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹842 Cr
Expense Ratio 0.37%
Frequently Asked Questions for SBI Nifty 500 Index Fund Direct Growth
SBI Nifty 500 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.61% | -0.61% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty 500 Index Fund Direct Growth | - | - | - |