SBI Nifty Index Fund Direct

Scheme Type
Open-ended
Scheme Category
Index Funds
Benchmark Type
Nifty 50 Index
Scheme AUM (in Crs.)
₹ 316.82
Expense Ratio
0.29%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 264353
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
95.7863
(0.02 %)
NAV as on 2019-01-18
Returns
Fund
SBI Nifty Index Fund Direct
1 Year
1.16%
3 Year
15.32%
5 Year
12.22%
AMC Details
amc launch date
Launch Date
29 Jun 1987
amc sponsor
Sponsor
NA
amc email
Email
partnerforlife@sbimf.com
amc phone
Phone
022 - 61793000
amc address
Address
191"E", Maker Tower,Cuffe Parade, Mumbai - 400 005
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 0.20% if redeemed within 15 days
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
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.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,020
Portfolio Value
20
Total Returns