SBI Nifty Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 29.8 | 16.01 | 14.79 | 12.22 |
Average Rolling Returns(%) | 14.78 | 13.15 | 12.27 | 12.59 |
The Current NAV of SBI Nifty Index Fund - Growth - Direct Plan is ₹205.05.
You can consider SIP in SBI Nifty Index Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.
SBI Nifty Index Fund - Growth - Direct Plan fund’s expense ratio is 0.18%
The process for redemption is
The AUM of SBI Nifty Index Fund - Growth - Direct Plan is currently ₹6,850 Crores.
The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 29% of its portfolio. Top 5 and 10 stocks of fund account for 39% and 56% of fund’s portfolio respectively.
Top three sectors of SBI Nifty Index Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 59% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Nifty it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of SBI Nifty Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty.
Raviprakash Sharma manages the SBI Nifty Index Fund - Growth - Direct Plan Fund.
SBI Nifty Index Fund - Growth - Direct Plan current PE ratio is 32.59 and PB ratio is 6.30
The asset allocation of SBI Nifty Index Fund - Growth - Direct Plan is Stocks : 99.99%, Debt : -0.01% and Gold : 0%
The minimum SIP amount for SBI Nifty Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for SBI Nifty Index Fund - Growth - Direct Plan is 0.20% on or before 15 days, Nil after 15 days