November 9, 2022
mayank
SBI Nifty Index Fund
NAV Growth: Rs 164.5630
NAV IDCW: Rs 84.5255
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme is a passively managed index fund, which would invest in all the stocks comprising Nifty 50 Index in the same proportion as their weightage in the index.
Fund Manager:
1) Raviprakash Sharma
Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0.2% for redemption within 15 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 12.56% |
| Benchmark | NIFTY 50 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,828 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.18% |
| (As on 30-Sep-2022) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 14.00% |
SBI Nifty Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Nifty Index Dir | 6.02 | 0.47 | 5.25 | 4.88 | 11.93 | 3.2 | 15.59 | 12.82 | 13.44 | — |
| S&P BSE 100 TRI | 6.98 | 0.45 | 4.74 | 5.01 | 11.55 | 3.66 | 16.88 | 12.94 | 14.14 | — |
| Equity: Large Cap | 5.03 | 0.49 | 4.09 | 5 | 11.48 | 2.5 | 15.69 | 12.03 | 13.19 | — |
| Rank within category | 25 | 41 | 14 | 47 | 43 | 25 | 35 | 21 | 24 | — |
| Number of funds in category | 79 | 95 | 95 | 89 | 88 | 78 | 60 | 51 | 48 | 0 |
SBI Nifty Index Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Nifty Index Dir | 3 star | 3.20 | 15.59 | 12.82 | 0.18 | 2,828 | 12.56 | 0.20 (15) | 9yrs 10mo | 14.00 |
| Axis Bluechip Dir | 5 star | -5.15 | 13.33 | 14.17 | 0.55 | 36,871 | 15.34 | 1.00 (365) | 9yrs 10mo | 45.00 |
| Mirae Asset Large Cap Dir | 4 star | 1.12 | 15.9 | 12.58 | 0.5 | 32,981 | 16.93 | 1.00 (365) | 9yrs 10mo | 22.00 |
| ICICI Pru Bluechip Dir | 5 star | 4.9 | 17.4 | 12.67 | 1.07 | 32,810 | 15.22 | 1.00 (365) | 9yrs 10mo | 28.00 |
| UTI Mastershare Dir | 4 star | -0.89 | 17.13 | 12.87 | 1 | 10,394 | 13.98 | 1.00 (365) | 9yrs 10mo | 25.00 |
Portfolio Analysis
| No. of Stocks | 50 |
| Top 10 Stocks (*) | –% |
| Top 5 Stocks (*) | –% |
| Top 3 Sectors (*) | –% |
| Portfolio P/B Ratio (*) | 3.38 |
| Portfolio P/E Ratio | 22.14 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,97,413 | 2,71,356 |
| Giant (%) | 85.07 | 62.99 |
| Large (%) | 14.93 | 29.35 |
| Mid (%) | — | 9.83 |
| Small (%) | — | 1.99 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For SBI Nifty Index Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
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