SBI Nifty Index Fund Direct Growth

SBI Nifty Index Fund Direct Growth

NAV as on 28-03-2025

₹ 216.71

-0.3%

1D

Inception Returns

12.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
16513 people have invested ₹ 11.4Cr 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 type of mutual fund that tracks the performance of the benchmark Nifty 50 index. The Nifty 50 is a stock market index in India that represents the performance of the top 50 most valued companies listed on the National Stock Exchange (NSE).

Investors can gain exposure to a diversified portfolio of stocks of the largest and most liquid companies in India, which may help to reduce investment risk. As the fund aims to replicate the performance of the Nifty 50 index, investors can expect returns that closely follow the performance of the index.

The fund is a passively managed fund which means the fund manager does not actively select stocks, keeping the cost of buying and holding the fund quite low compared to actively managed funds.

Key Parameters

  1. SBI Nifty Index Fund Direct Growth has ₹8409 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

SBI Nifty Index Fund Direct Growth has given a CAGR return of 12.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.36%, 12.00% and 23.15% respectively.

Holdings

SBI Nifty Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Communication, Health, Utilities. 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI Nifty Index Fund Direct Growth

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 IDCW payments by the constituent stocks.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Nifty Index Fund Direct Growth has no lock in period.

SBI Nifty Index Fund Direct Growth Overview

Expense ratio0.22%
Benchmark
IISL Nifty 50 TR INR
AUM₹8409 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
17.57%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Distribution

as on (28-Feb-25)

  • Equity 100%

Large cap
98.9%

Mid cap
1.3%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
36.5%
Tech
13.1%
Energy
10.9%
Consumer Cyclical
9.6%
Consumer Defensive
7.6%
Basic Materials
6%
Industrial
5.4%
Communication
4.2%
Health
3.8%
Utilities
2.6%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-2.04%
Nifty 50
-2.60%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 8.4K Cr
₹ 8.8K Cr
₹ 8.6K Cr
  • AUM of the fund stands at 8.4K Cr as of Feb'25
  • AUM decreased by 343.2 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 12.23% to 13.31%
HDFC Bank Ltd's allocation increased from 12.23% to 13.31%
Bajaj Finance Ltd's allocation increased from 2.09% to 2.41%
Bajaj Finance Ltd's allocation increased from 2.09% to 2.41%
Axis Bank Ltd's allocation increased from 2.66% to 2.93%
Axis Bank Ltd's allocation increased from 2.66% to 2.93%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.41 % to 6.14 %
Infosys Ltd's allocation decreased from 6.41 % to 6.14 %
Larsen & Toubro Ltd's allocation decreased from 3.98 % to 3.76 %
Larsen & Toubro Ltd's allocation decreased from 3.98 % to 3.76 %
ITC Ltd's allocation decreased from 3.94 % to 3.71 %
ITC Ltd's allocation decreased from 3.94 % to 3.71 %
Large Cap allocation has gone up from 98.5% to 98.9%
Large Cap allocation has gone up from 98.5% to 98.9%
Mid Cap allocation has gone up from 1.3% to 1.3%
Mid Cap allocation has gone up from 1.3% to 1.3%
Cash allocation has gone down from 0.1% to -0.2%
Cash allocation has gone down from 0.1% to -0.2%

Top 3 Sectors in February were Financial Services, Tech & Energy

Feb'25
Financial Services
37%
Tech
13%
Energy
11%
Jan'25
Financial Services
34%
Tech
14%
Energy
11%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
53
54
52
Top 5 Company Concentration
40.5%
39.3%
39.6%
Company having highest exposure
HDFC Bank Ltd (13.3%)
HDFC Bank Ltd (12.2%)
HDFC Bank Ltd (12.7%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
77.8%
77.6%
77.4%
Sector having highest exposure
Financial Services (36.5%)
Financial Services (34.3%)
Financial Services (34.6%)
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Raviprakash Sharma
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
₹7.63L Cr
as on 28-Feb-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

Insights icon
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%.
Insights icon
In the last 1 year, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has given 11.15% return, outperforming this fund by 4.79%.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 22.2% moving from 0.18 to 0.22.
Insights icon
In the last 5 years, Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth has given 36.36% return, outperforming this fund by 13.21% per annum.
Insights icon
In the last 3 years, Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth has given 20.99% return, outperforming this fund by 9% per annum.

SBI Nifty Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.56% since inception which is more than its category average return of 8.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.2% in Equity, 0% in Debt and -0.2% in Cash related instruments
AUM size ₹8409 Cr

AUM size ₹8409 Cr

This fund has AUM of ₹8409 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.54%

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5Y CAGR

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SBI Long Term Equity Fund Direct Growth

SBI Long Term Equity Fund Direct Growth

5Y CAGR

▲ 32.52

SBI Healthcare Opportunities Fund Direct Growth

SBI Healthcare Opportunities Fund Direct Growth

5Y CAGR

▲ 31.90

SBI Infrastructure Fund Direct Growth

SBI Infrastructure Fund Direct Growth

5Y CAGR

▲ 33.99

SBI Contra Fund Direct Growth

SBI Contra Fund Direct Growth

5Y CAGR

▲ 38.27

Frequently Asked Questions for SBI Nifty Index Fund Direct Growth

The current NAV of SBI Nifty Index Fund Direct Growth is ₹216.71 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
SBI Nifty Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.28%
6.28%
6 Month Returns
-9.92%
-9.92%
1 Year Returns
6.36%
6.36%
3 Years Returns
40.48%
12%
5 Years Returns
183.22%
23.15%
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0.22% as on March 2025
₹8409 Cr as on March 2025
HDFC Bank Ltd(13.31%), ICICI Bank Ltd(8.58%), Reliance Industries Ltd(8.23%), Infosys Ltd(6.14%), Bharti Airtel Ltd(4.26%) as on March 2025
Financial Services(36.61%), Tech(13.17%), Energy(10.95%) 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 IISL 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 IISL 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
-0.35
0.36
0.59
As on March 2025
The sharpe ratio for SBI Nifty Index Fund Direct Growth is calculated with IISL 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
12.68
13.13
18.8
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 0.57 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%