SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal
SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal

SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal

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Index Funds

NAV: ₹ 83 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
38 people have invested ₹ 3.3L in mutual fund in the last three months
About the Fund

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, Mohit Jain. The fund could potentially beat inflation in the long-run.

Key parameters

1) SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of 82.9719 as on 08-02-2023.

2) SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal has 3199 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.18 %.

Fund Overview

Expense ratio
Expense ratio
0.18%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹3199 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.2%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
17.64%

Fund Distribution as on (31-Dec-22)

  • Equity 99.9%
  • Debt & Cash 0.1%
Size breakup
Large cap
99.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

37.7%

Energy

14%

Tech

14%

Consumer Defensive

8.6%

Basic Materials

6.9%

Consumer Cyclical

6.6%

Industrial

3.9%

Health

3.8%

Communication

2.5%

Utilities

1.9%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings50
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 3.2K Cr
Nov'22
₹ 3.2K Cr
Oct'22
₹ 3K Cr

Fund Returns vs Benchmark

Jan'23
5.46%
6.66%
Dec'22
4.16%
3.38%
Nov'22
5.46%
6.66%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
53
53
54
Top 5 Company Concentration
40.5%
40.9%
39.9%
Company having highest exposure
Reliance Industries Ltd (11%)
Reliance Industries Ltd (11.3%)
Reliance Industries Ltd (11%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
81.1%
81.1%
80.9%
Sector having highest exposure
Financial Services (37.7%)
Financial Services (37.1%)
Financial Services (37%)

Winners & Losers as on (31-Dec-22)

Fund Manager

Raviprakash Sharma

Raviprakash Sharma

Fund Manager of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 1 February 2011
Mohit Jain

Mohit Jain

Fund Manager of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 30 November 2017

AMC details

Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹4.53L Cr
as on 31-Dec-2022
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Email
partnerforlife@sbimf.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.13% since inception which is more than its category average return of 6.48%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹3199 Cr

AUM size ₹3199 Cr

This fund has AUM of ₹3199 Cr which is more than its category average of ₹ 477 Cr
Expense Ratio 0.18%

Expense Ratio 0.18%

This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions

The current NAV of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 82.27 as on 07-Feb-2023.
Existing (Absolute + CAGR)
SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-0.78%
-0.78%
6 Month Returns
2.08%
2.08%
1 Year Returns
4.01%
4.01%
3 Years Returns
49.61%
14.37%
5 Years Returns
75.94%
11.96%
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0.18 as on January 2023
3199 Cr as on January 2023
Reliance Industries Ltd(10.97%),HDFC Bank Ltd(8.96%),ICICI Bank Ltd(7.76%),Infosys Ltd(6.89%),Housing Development Finance Corp Ltd(5.94%) as on January 2023
Financial Services(37.67%),Energy(14%),Tech(13.95%) as on January 2023
The alpha ratio for the SBI Nifty Index Fund Direct Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal
-0.24
-0.52
-0.47
As on January 2023
The alpha for SBI Nifty Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal
1
1
1
As on January 2023
The Beta for SBI Nifty Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal
-0.07
0.53
0.37
As on January 2023
The sharpe ratio for SBI Nifty Index Fund Direct Reinvestment 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 Reinvestment 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 Reinvestment of Income Distribution cum capital withdrawal
15.82
22.72
19.39
As on January 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 0.77 as on January 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 Reinvestment of Income Distribution cum capital withdrawal
The Exit load of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 0.2%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.