About This Fund
SBI NIFTY Index Fund - Regular Plan - Growth 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 dividend payments by the constituent stocks.
Investment Details
Fund size
₹10,048.05 Cr.
Min. Investment
₹5,000
Min. Sip Inv.
₹500
Min. Addl Inv.
₹1,000
Expense Ratio
0.46%
Turn over
11%
Exit Load
SBI Nifty Index Fund - Regular Plan - Growth charges 0.2% of sell value; if fund sold before 15 days. There are no other charges.
Basic Details
KRA
CAMS
Inv. Plan
Growth
Launched On
11 Jan 2002
Benchmark
NIFTY 50 TRI
Fund Type
Open Ended
AMC Information
AMC
SBI Mutual Fund
Email
partnerforlife@sbimf.com
Office No
022-61793000
Website
https://www.sbimf.com
Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
SIP Amount
₹
Monthly SIP Date
SBI NIFTY Index Fund - Regular Plan - Growth
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