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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Equity
Direct
Index Funds
NAV: ₹ 103.79 as on 19-04-2024
Fund Performance
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17 people have invested ₹ 37.1K in SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal in the last three months

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

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 Mohit Jain, Raviprakash Sharma. 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 ₹6850 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
  2. The fund has an expense ratio 0.2.

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

Expense ratio
Expense ratio
0.18%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹6850 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
11.4%

SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal Distribution as on (31-Mar-24)

  • Equity 100%

Size breakup

Large cap
99.3%
Mid cap
0.7%
Sector Allocation

Mar'24

Feb'24

Jan'24

Financial Services
33.5%
Energy
13.7%
Tech
13%
Consumer Cyclical
9.2%
Consumer Defensive
8.2%
Basic Materials
6.2%
Industrial
5.5%
Health
4.4%
Communication
3.2%
Utilities
2.9%

Top Holdings of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal as on (31-Mar-24)

  • Equity

Equity Holdings50

SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal: Monthly Changes Updates

All changes are between Jan'24 and Mar'24
Fund Performance
Mar'24
Feb'24
Jan'24
Fund Returns
1.55%
1.30%
-0.00%
Nifty 50
-0.05%
1.32%
-0.07%
  • This fund’s returns stands at 1.55% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
  • This fund outperformed Nifty 50 by 1.60% in Mar'24
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 6.9K Cr
₹ 6.5K Cr
₹ 6.2K Cr
  • AUM of the fund stands at 6.9K Cr as of Mar'24
  • AUM increased by 356.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Gainers & Losers in SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal portfolio Returns for the month of Mar

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

Mohit Jain
Mohit Jain
Fund Manager of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 30 November 2017
Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal, since 1 February 2011

SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal 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 13% since inception which is less than its category average return of 18.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.01% in Equity, 0% in Debt and -0.01% in Cash related instruments
AUM size ₹6850 Cr

AUM size ₹6850 Cr

This fund has AUM of ₹6850 Cr which is more than its category average of ₹ 689 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 0.51%

Frequently Asked Questions

The current NAV of SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal is ₹103.79 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
SBI Nifty Index Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
1.48%
1.48%
6 Month Returns
13.08%
13.08%
1 Year Returns
26.85%
26.85%
3 Years Returns
58.42%
16.58%
5 Years Returns
95.63%
14.36%
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0.18% as on March 2024
₹6850 Cr as on March 2024
HDFC Bank Ltd(11.07%), Reliance Industries Ltd(10.22%), ICICI Bank Ltd(7.8%), Infosys Ltd(5.44%), Larsen & Toubro Ltd(4.52%) as on March 2024
Financial Services(33.54%), Energy(13.72%), Tech(13.04%) as on March 2024
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
-0.21
-0.26
-0.44
As on March 2024
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 March 2024
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
1.9
0.81
0.57
As on March 2024
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
10.55
12.89
18.64
As on March 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.
Sortino ratio is 1.54 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain, Raviprakash Sharma 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%