SBI Nifty Index Fund Direct

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.

Suitability

This product is suitable for investors who are seeking

• Long term investmentPassive

• Investment in stocks comprising the CNX Nifty Index in the same proportion as in the index to achieve returns equivalent to the Total returns Index of S&P CNX Nifty Index.

Fund Info

Scheme Type

Open-ended

Scheme Category

Index Funds

Benchmark Type

Nifty 50 Index

Scheme AUM (in Crs.)

₹ 353.2

Expense Ratio

0.26%

Scheme Class

Equity

AMC AUM (in Crs.)

₹ 264353

Min Subscription

₹ 5000

Min Addition Subscription

₹ 1000

Fund Info

Scheme Type	Open-ended
Scheme Category	Index Funds
Benchmark Type	Nifty 50 Index
Scheme AUM (in Crs.)	₹ 353.2
Expense Ratio	0.26%
Scheme Class	Equity
AMC AUM (in Crs.)	₹ 264353
Min Subscription	₹ 5000
Min Addition Subscription	₹ 1000