SBI NIFTY50 EQUAL WEIGHT INDEX FUND REGULAR PLAN IDCW REINVESTMENT

SBI NIFTY50 EQUAL WEIGHT INDEX FUND REGULAR PLAN IDCW REINVESTMENT is a scheme launched by SBI Mutual Fund on January 31, 2024, and falls under the Index fund category. It currently manages an AUM of Rs 1,016.6 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.02% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking errors.

• Performance:

  SBI NIFTY50 EQUAL WEIGHT INDEX FUND REGULAR PLAN IDCW REINVESTMENT trailing returns over different times are -0.89% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 10.23%.