SBI Nifty Index Fund Regular Growth
Equity
regular
Index Funds
NAV: ₹ 196.08 as on 03-05-2024
About the Fund
SBI Nifty Index Fund Regular Growth is an equity fund. This fund was started on 17 January, 2002. 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 Regular Growth has ₹6850 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Fund Performance
Overview
 | 0.5% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹6850 Cr |
 | 17 January, 2002 |
 | ₹5000/₹500 |
 Exit Load | 0.2% |
 | No Lock-in |
 TurnOver | 11.4% |
SBI Nifty Index Fund Regular Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
99.3%
Mid cap
0.7%
Sector Allocation
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 Regular Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 6.1% |
 ICICI Bank Ltd | 5.1% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -13.5% |
 Larsen & Toubro Ltd | -8.1% |
 Infosys Ltd | -4.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.52% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 1.57% in Mar'24
AUM Change
- 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
Mutual Fund Insights
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 21.11% return, outperforming this fund by 5.08% per annum.
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 96.2% return, outperforming this fund by 71.26%.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 17.92% return, outperforming this fund by 3.57% per annum.
Over the last 6 months, this fund has experienced a 34.5% growth in AUM moving from 5.09K Cr to 6.85K Cr.
Peer Analysis
Fund Manager
Raviprakash Sharma
Fund Manager of SBI Nifty Index Fund Regular Growth, since 1 February 2011
Top funds managed
Mohit Jain
Fund Manager of SBI Nifty Index Fund Regular Growth, since 30 November 2017
Top funds managed
SBI Nifty Index Fund Regular Growth 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 14.47% since inception which is less than its category average return of 19.45%
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
This fund has AUM of ₹6850 Cr which is more than its category average of ₹ 669 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of SBI Nifty Index Fund Regular Growth is ₹196.08 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
SBI Nifty Index Fund Regular Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.14% | 0.14% |
6 Month Returns | 16.77% | 16.77% |
1 Year Returns | 24.94% | 24.94% |
3 Years Returns | 56.22% | 16.03% |
5 Years Returns | 95.53% | 14.35% |
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.
0.5% as on April 2024
₹6850 Cr as on April 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 April 2024
Financial Services(33.54%), Energy(13.72%), Tech(13.04%) as on April 2024
The alpha ratio for the SBI Nifty Index Fund Regular Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty Index Fund Regular Growth | -0.54 | -0.58 | -0.83 |
As on April 2024
The alpha for SBI Nifty Index Fund Regular Growth 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 Regular Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty Index Fund Regular Growth | 1 | 1 | 1 |
As on April 2024
The Beta for SBI Nifty Index Fund Regular Growth 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 Regular Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty Index Fund Regular Growth | 1.62 | 0.82 | 0.55 |
As on April 2024
The sharpe ratio for SBI Nifty Index Fund Regular Growth 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 Regular Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty Index Fund Regular Growth | 10.39 | 12.85 | 18.65 |
As on April 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 April 2024. 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 Regular Growth
The Exit load of SBI Nifty Index Fund Regular Growth is 0.2%