SBI Nifty 500 Index Fund Direct Growth

SBI Nifty 500 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 07-10-2024

₹ 9.7

▼-1.5%

1D

Inception Returns

-4.4%

/yr

About the Fund

SBI Nifty 500 Index Fund Direct Growth is an equity fund. This fund was started on 30 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Nifty 500 Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

SBI Nifty 500 Index Fund Direct Growth has given a CAGR return of -4.40% since inception.

Holdings

SBI Nifty 500 Index Fund Direct Growth has allocated its funds majorly in . Its top holdings are

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Nifty 500 Index Fund Direct Growth

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 error.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Nifty 500 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
617 people have invested ₹ 1.7Cr in SBI Nifty 500 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio--
Benchmark
IISL Nifty 500 TR INR
AUM₹0 Cr
Inception Date30 September, 2024
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Nifty 500 Index Fund Direct Growth
SBI Nifty 500 Index Fund Direct Growth
-
-
-
-4.4%
DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct Growth
62.56%
19.56%
23.04%
20.55%
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
56.28%
21.86%
-
28.62%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
42.21%
22.3%
31.42%
30.71%
See all
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Fund House
SBI Funds Management Ltd
Total Schemes
65
See all SBI schemes
Total AUM
₹7.47L Cr
as on 31-Aug-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Frequently Asked Questions

The current NAV of SBI Nifty 500 Index Fund Direct Growth is ₹9.7 as on 07-Oct-2024.
Existing (Absolute + CAGR) as on 07-Oct-2024.
SBI Nifty 500 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
The alpha ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Nifty 500 Index Fund Direct Growth
-
-
-
As on September 2024
The alpha for SBI Nifty 500 Index Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Nifty 500 Index Fund Direct Growth
-
-
-
As on September 2024
The Beta for SBI Nifty 500 Index Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Nifty 500 Index Fund Direct Growth
-
-
-
As on September 2024
The sharpe ratio for SBI Nifty 500 Index Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Nifty 500 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Nifty 500 Index Fund Direct Growth
-
-
-
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of SBI Nifty 500 Index Fund Direct Growth is 0.25%