SBI Nifty Index Fund Regular Growth | Mutual Fund Performance | Mint
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Business News/Market/Market Stats/    SBI Nifty Index Fund Regular Growth

SBI Nifty Index Fund Regular Growth

+
  • Index Funds
  • Index Funds
  • Rating 2
  • Plan
194.04 +1.42 (0.73%) NAV as on 22 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)6152.41
  • CAGR 24.47%
  • Exit Load0.20%
  • Expense ratio0.50%
  • CategoryIndex Funds
  • Min Investment5000
  • Min SIP500
  • Launch Date2002-01-17

Morning Star Rating 2

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 23 February 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 254.61
  • 4.14%
View More

Risk & Volitility

  • Alpha -1.03%
  • Beta 1.01
  • Sharpe Ratio0.90
  • Std Deviation 13.25%
  • Tracking Error 0.23%

About Fund

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.

 

The SBI Nifty Index Fund Regular Growth has an AUM of 6152.41 crores & has delivered CAGR of 15.82% in the last 5 years. The fund has an exit load of 0.20% and an expense ratio of 0.50%. The minimum investment in SBI Nifty Index Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, Reliance Industries, ICICI Bank & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

 

Some of the similar funds are ICICI Prudential Nifty Next 50 Index Fund Growth, ICICI Prudential Nifty 50 Index Plan Regular Growth, HDFC Index S&P BSE Sensex, SBI Nifty Index Fund Regular Growth, UTI Nifty200 Momentum 30 Index Fund Regular Growth. SBI Nifty Index Fund Regular Growth has a sharpe ratio of 0.90 & a standard deviation of 13.25%.

FAQs about SBI Nifty Index Fund Regular Growth

According to the morning star rating SBI Nifty Index Fund Regular Growth has a Moderate risk & Exceptional return.
SBI Nifty Index Fund Regular Growth is managed by Raviprakash Sharma,Mohit Jain.
The expense ratio of SBI Nifty Index Fund Regular Growth is 0.50%.
The 5 year annualized return on SBI Nifty Index Fund Regular Growth is 15.82% & it has generated 24.47% in the last 1 year.
The minimum investment in SBI Nifty Index Fund Regular Growth is 5000 Rs.
SBI Nifty Index Fund Regular Growth has an AUM of 6152.41 crores.
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