SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal
Equity
Direct
Index Funds
NAV: ₹ 91.8 as on 29-09-2023
Fund Performance
74 people have invested ₹ 3.4L in SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal in the last three months
About the Fund
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Raviprakash Sharma, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal has ₹4863 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.2.
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 0.18% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹4863 Cr |
 | 1 January, 2013 |
 | ₹5000/₹0 |
 Exit Load | 0.2% |
 | No Lock-in |
 TurnOver | 11.4% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
99.9%
Sector Allocation
Financial Services
37%
Tech
13.7%
Energy
12.2%
Consumer Defensive
9.3%
Consumer Cyclical
7.6%
Basic Materials
6.8%
Industrial
4.6%
Health
4.1%
Communication
2.5%
Utilities
2.2%
Top Holdings of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Aug-23)
Equity Holdings51
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.75% | 70.7% | |
 Reliance Industries Ltd | 9.55% | 1.1% | |
 ICICI Bank Ltd | 7.86% | 1.1% | |
 Infosys Ltd | 6.01% | 1.1% | |
 ITC Ltd | 4.55% | 1.1% |
See all
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -2.33% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty 50 by 0.11% in Aug'23
AUM Change
- AUM of the fund stands at 4.9K Cr as of Aug'23
- AUM increased by 66.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Cipla Ltd | 6.7% |
 Mahindra & Mahindra Ltd | 5.5% |
 Infosys Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Raviprakash Sharma
Fund Manager of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal, since 1 February 2011
Top funds managed
Mohit Jain
Fund Manager of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal, since 30 November 2017
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.43% since inception which is less than its category average return of 14.3%
Fund Allocations
This fund has an allocation of 99.89% in Equity, 0% in Debt and 0.11% in Cash related instruments
AUM size ₹4863 Cr
This fund has AUM of ₹4863 Cr which is more than its category average of ₹ 554 Cr
Expense Ratio 0.18%
This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is ₹91.85 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 1.51% | 1.51% |
6 Month Returns | 15.78% | 15.78% |
1 Year Returns | 17.73% | 17.73% |
3 Years Returns | 79.88% | 21.62% |
5 Years Returns | 86.58% | 13.28% |
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.
0.18% as on August 2023
₹4863 Cr as on August 2023
HDFC Bank Ltd(13.75%), Reliance Industries Ltd(9.55%), ICICI Bank Ltd(7.86%), Infosys Ltd(6.01%), ITC Ltd(4.55%) as on August 2023
Financial Services(36.96%), Tech(13.64%), Energy(12.21%) as on August 2023
The alpha ratio for the SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal | -0.2 | -0.29 | -0.45 |
As on August 2023
The alpha for SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is calculated against IISL Nifty 50 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 Index Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal | 1 | 1 | 1 |
As on August 2023
The Beta for SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is calculated with IISL Nifty 50 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 Index Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal | 0.26 | 1.03 | 0.4 |
As on August 2023
The sharpe ratio for SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is calculated with IISL Nifty 50 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 Index Fund Direct Payout of Income Distribution cum capital withdrawal for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal | 11.86 | 14.35 | 19.03 |
As on August 2023
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.
Sortino ratio is 2.2 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Raviprakash Sharma, Mohit Jain are the fund managers of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal
The Exit load of SBI Nifty Index Fund Direct Payout of Income Distribution cum capital withdrawal is 0.2%