SBI Nifty Index Fund

  • Category: EQUITY
  • AAUM: 233.87 Cr as on 28 Oct 2016
  • Investment Options: Dividend , Growth
  • Entry Load: N.A.
  • Inception: January 17, 2002
  • Benchmark:
    Nifty 50 Index
  • Exit Load: Read more
as on
From To
Quantitative DataAs on 28-Oct-2016
Standard Deviation*: 0.00%
Beta*: 0.00
Expense Ratio*: 0.70
Portfolio Turnover*: 1.58
Source:CRISIL Fund Analyser

*Portfolio Turnover = lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Basis for Ratio Calculation: Risk Free rate: FBIL Overnight Mibor rate (6.43% as on ) 3 Years Monthly Data Points

As on  28/10/2016
Portfolio Holdings
Stock Name (%) Of Total AUM
HDFC BANK LTD. 7.75
HOUSING DEVELOPMENT FINANCE CORPORATION LTD. 6.76
ITC LTD. 6.32
INFOSYS LTD. 6.12
RELIANCE INDUSTRIES LTD. 5.36
ICICI BANK LTD. 4.94
TATA CONSULTANCY SERVICES LTD. 3.92
LARSEN & TOUBRO LTD. 3.73
TATA MOTORS LTD. 3.73
FUTURES 2.94
Sectoral Breakdown (in %)
IndustryRatio
FINANCIAL SERVICES 30.88
IT 13.10
AUTOMOBILE 12.10
ENERGY 11.41
CONSUMER GOODS 9.63
PHARMA 6.43
CONSTRUCTION 3.73
CEMENT & CEMENT PRODUCTS 3.24
METALS 2.68
TELECOM 2.15
  • Index funds are funds which aim to replicate the constituents of a particular index such that the performance of the fund is commensurate to the performance of the underlying index. Since such funds only mirror the portfolio of the underlying index, there is no active management involved which leads to lower cost.
  • SBI Nifty Index Fund is an open-ended passively managed index fund, investing in all the stocks comprising the CNX Nifty in the same proportion as their weightage in the index. This fund invests in stocks comprising the CNX Nifty index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of CNX Nifty index. Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.
  • Such funds are suitable for investors requiring low cost passive investments without any active management involved.
Fund Manager
  • Mr. Raviprakash Sharma

    Managing this fund since Feb 2011.

    Total experience 16 years .

  • Investment Objective
    • The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the CNX Nifty index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of CNX Nifty 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.

      Long Term

    Investment Information
    SIP -

    Weekly SIP - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 weeks

    Monthly - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 months or Minimum Rs. 500 & in multiples of Rs. 1 thereafter for minimum 12 months

    Quarterly - Minimum 1500 & in multiples of 1 thereafter for minimum 1 year

    Lumpsum - 5000
    Switch - N.A.
    SWP - Minimum Rs. 500 per month/ per quarter
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