SBI Nifty Index Fund Direct Growth
NAV as on 17-04-2025
₹ 219.73
▲1.8%
1D
Inception Returns
12.6%
/yr
Historical NAV & Returns
Absolute
▲
▼
15816 people have invested ₹ 11.3Cr in SBI Nifty Index Fund Direct Growth in the last three months
About SBI Nifty Index Fund Direct Growth
SBI Nifty Index Fund is a passive mutual fund that invests in all the companies that make up the Nifty 50 Index. This index represents India’s top 50 companies based on market capitalization. The fund allocates at least 95% of its total assets to these companies in the same proportion as the index, while the remaining 5% is invested in cash and money market instruments for liquidity purposes.
The fund tracks the Nifty 50 TRI as its benchmark. This index reflects the overall performance of the 50 companies, including any dividends paid out. By mirroring this index, the fund aims to deliver returns that are closely aligned with the broader market performance.
The fund managers do not try to outperform the index but rather aim to provide investors with a simple and efficient way to invest in India’s leading companies. Whenever there is a change in the composition of the index, the fund also rebalances its portfolio accordingly. Being a passively managed fund, it also benefits from a lower expense ratio, making it a cost-effective option for long-term investors.
Currently, the fund's portfolio comprises 0.0% small-cap stocks, 98.90% large-cap stocks, and 1.03% mid-cap stocks.
With an AUM of ₹9192.0 crores, SBI Nifty Index Fund Direct Growth generated a return of 8.7% in 1 year, 12.0% in 3 years, 21.8% in 5 years. while its benchmark index (Nifty 50) generated 7.7% in 1 year, 12.0% in 3 years, and 20.8% in 5 years.
SBI Nifty Index Fund Direct Growth Overview
| Expense ratio | 0.22% |
Benchmark | Nifty 50 TR INR |
| AUM | ₹9192 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 17.57% |
| 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 |
INDmoney Rank for SBI Nifty Index Fund Direct Growth
Powered by IND quant engine
10
/17
74% Performance
0% Cost
10 out of 17 among Index-Nifty-50
Larger AUM within category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Distribution
as on (31-Mar-25)
Large cap
98.9%
Mid cap
1%
Sector Allocation
Financial Services
37.3%
Tech
11.9%
Consumer Cyclical
10.5%
Energy
10.4%
Consumer Defensive
6.8%
Basic Materials
6.3%
Industrial
5.7%
Communication
4.4%
Health
3.8%
Utilities
2.8%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.28% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund underperformed Nifty 50 by 0.05% in Mar'25
- AUM of the fund stands at 9.2K Cr as of Mar'25
- AUM increased by 783.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 8.58% to 8.94%
Kotak Mahindra Bank Ltd's allocation increased from 2.82% to 3%
Bharat Electronics Ltd's allocation increased from 0.89% to 1.01%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 13.31 % to 13.06 %
Reliance Industries Ltd's allocation decreased from 8.23 % to 8.11 %
Infosys Ltd's allocation decreased from 6.14 % to 5.31 %
Mid Cap allocation has gone down from 1.3% to 1%
Large Cap allocation has gone down from 98.9% to 98.9%
Cash allocation has gone up from -0.2% to 0.1%
Top 3 Sectors in March were Financial Services, Tech & Energy
Mar'25
Financial Services
37%
Tech
12%
Consumer Cyclical
11%
Feb'25
Financial Services
37%
Tech
13%
Energy
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.06% | 1.7% | |
 ICICI Bank Ltd | 8.94% | 1.7% | |
 Reliance Industries Ltd | 8.11% | 1.4% | |
 Infosys Ltd | 5.31% | 1.6% | |
 Bharti Airtel Ltd | 4.37% | 1.7% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Nifty Index Fund Direct Growth | 8.73% | 11.97% | 21.85% | 12.63% |
 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 | 9.3% |
 ICICI Bank Ltd | 7.1% |
 Reliance Industries Ltd | 2.2% |
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Raviprakash Sharma
Fund Manager of SBI Nifty Index Fund Direct Growth, since 1 February 2011
Top funds managed
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
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 9.3% growth in AUM moving from 8.40K Cr to 9.19K Cr.
In the last 3 years, Axis Nifty Midcap 50 Index Fund Direct Growth has given 20.79% return, outperforming this fund by 8.82% per annum.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.22% which is lower than the category average expense ratio of 0.43%.
In the last 5 years, Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth has given 33.59% return, outperforming this fund by 11.75% per annum.
In the last 1 year, Navi Nifty Bank Index Fund Direct Growth has given 15.11% return, outperforming this fund by 6.38%.
Over the last 1 year, this fund has increased expense ratio by 22.2% moving from 0.18 to 0.22.
SBI Nifty Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.63% since inception which is more than its category average return of 8.09%
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹9192 Cr
This fund has AUM of ₹9192 Cr which is more than its category average of ₹ 771 Cr
Expense Ratio 0.22%
This fund has an expense ratio of 0.22% 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 Index Fund Direct Growth
The current NAV of SBI Nifty Index Fund Direct Growth is ₹219.73 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
SBI Nifty Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.93% | 5.93% |
6 Month Returns | -3.38% | -3.38% |
1 Year Returns | 8.73% | 8.73% |
3 Years Returns | 40.37% | 11.97% |
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0.22% as on March 2025
₹9192 Cr as on March 2025
HDFC Bank Ltd(13.06%), ICICI Bank Ltd(8.94%), Reliance Industries Ltd(8.11%), Infosys Ltd(5.31%), Bharti Airtel Ltd(4.37%) as on March 2025
Financial Services(37.27%), Tech(11.9%), Consumer Cyclical(10.54%) as on March 2025
The alpha ratio for the SBI Nifty Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty Index Fund Direct Growth | -0.27 | -0.24 | -0.44 |
As on March 2025
The alpha for SBI Nifty Index Fund Direct Growth is calculated against Nifty 50 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 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty Index Fund Direct Growth | 1 | 1 | 1.01 |
As on March 2025
The Beta for SBI Nifty Index Fund Direct Growth is calculated with Nifty 50 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 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 Index Fund Direct Growth | 0.03 | 0.4 | 1.11 |
As on March 2025
The sharpe ratio for SBI Nifty Index Fund Direct Growth is calculated with Nifty 50 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 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 Index Fund Direct Growth | 14.04 | 13.38 | 15.16 |
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.
Sortino ratio is 0.65 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Raviprakash Sharma is the fund manager of SBI Nifty Index Fund Direct Growth
The Exit load of SBI Nifty Index Fund Direct Growth is 0.2%