SBI Nifty Index Fund Regular Growth

• Alpha -1.03%
• Beta 1.01
• Sharpe Ratio0.69
• Std Deviation 12.20%
• Tracking Error 0.23%

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 8483.97 crores & has delivered CAGR of 17.81% in the last 5 years. The fund has an exit load of 0.20% and an expense ratio of 0.48%. 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 & Tobacco.

Some of the similar funds are UTI Nifty200 Momentum 30 Index Fund Regular Growth, HDFC Index Nifty 50, ICICI Prudential Nifty 50 Index Plan Regular Growth, SBI Nifty Index Fund Regular Growth, HDFC Index BSE Sensex. SBI Nifty Index Fund Regular Growth has a sharpe ratio of 0.69 & a standard deviation of 12.20%.