SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal
NAV: ₹ 83.9 as on 14-01-2022
SBI Nifty Index Fund Direct Reinvestment 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. The fund could potentially beat inflation in the long-run.
1) SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of 83.8575 as on 17-Jan-2022.
2) SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal has 1812 Cr worth of assets under management (AUM) as on 17-Jan-2022 and is more than category average.
3) The fund has an expense ratio 0.17 %.
Fund Overview
Expense ratio | 0.17% | |
Benchmark | IISL Nifty 50 TR INR | |
AUM | ₹1812 Cr | |
Inception Date | 1 January, 2013 | |
Min Lumpsum/SIP | ₹5000/₹500 | |
Exit Load | 0.2% | |
Lock In | No Lock-in | |
TurnOver | 51.01% |
Fund Distribution
| Financial Services | 35.6% |
| Tech | 19.1% |
| Energy | 12.7% |
| Basic Materials | 7.9% |
| Defensive | 7.4% |
| Cyclical | 6.3% |
| Industrial | 3.7% |
| Health | 3.4% |
| Communication | 2.1% |
| Utilities | 1.7% |
Top Holdings
Fund Highlights
About the fund
Fund Allocations
AUM size ₹1812 Cr
Expense Ratio 0.17%
Raviprakash Sharma is B. Com, C.A., C.F.A (USA)
20 Years experience
Mr. Sharma has over 12 years experience in Indian capital markets in various capacities including Portfolio Management and Dealing in equity shares on behalf of clients. Experience in last 10 years. From April 2007-Jan 2011- as Sr. Manager - Portfolio Management Services with HDFC Asset Management Co. Ltd. From July 2006- April 2007 as financial advisor with Citigroup Wealth Advisors India Pvt. Ltd. From Dec 2004- July 2006- as AVP - Non Discretionary PMS with Kotak Securities Ltd. From Nov 2003- Nov 2004- as AVP- Fixed Income Group with Times Investors Services Pvt. Ltd., Mumbai. From Nov 1999- Nov 2003- as Manager- Fixed Income Group with Birla Sunlife Securities Ltd.
AMC details
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