SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH

As on 14 Jan 2025

SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH

Q: What kind of returns does SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH provide?

SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH had a return of 6.40% over the past 1 year.

Q: How much expense ratio is charged by SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH?

The expense ratio for SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 14 Jan 2025, the expense ratio charged by SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH is typically around 0.39 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH?

As of 14 Jan 2025, the Assets Under Management (AUM) of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH is approximately ₹8634.9835 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH?

The Net Asset Value (NAV) of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH is updated daily and reflects the per-unit value of the fund's assets. As of 14 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH?

The PE ratio for SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH is 32.34 and the PB ratio is 6.85. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH?

The exit load for SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Other

NAV

₹ 213.16

CAGR (3 Years)

9.15%

AUM (Cr)

₹ 8,634.98

Risk

Very High Risk

About SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH

Primary objective is to track the S&P CNX Nifty Index with minimum tracking error

Breakdown of this Fund

Aerospace & Defence

2.95%

Automobile

22.25%

Banks

89.50%

Cement

3.57%

Crude Oil & Natural Gas

2.74%

Debt Others

-0.21%

Derivatives - Index

0.01%

Diamond, Gems and Jewellery

3.75%

Finance

10.11%

FMCG

9.98%

Healthcare

1.99%

Infrastructure Developers & Operators

11.98%

Insurance

3.83%

IT - Software

40.75%

Marine Port & Services

2.60%

Mining & Mineral products

2.63%

Non Ferrous Metals

2.63%

Paints/Varnish

3.23%

Pharmaceuticals

10.10%

Plantation & Plantation Products

1.74%

Power Generation & Distribution

8.90%

Refineries

25.79%

Retail

4.34%

Steel

5.85%

Telecomm-Service

12.02%

Textiles

2.68%

Tobacco Products

12.53%

Trading

1.77%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.39

Exit Load

0.20% - For exit within 15 days from the date of allotment. Nil - For exit on or...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.