Equity
Direct
Equity - Consumption
NAV as on 12-11-2024
₹ 9.59
1D
Inception Returns
/yr
SBI Nifty India Consumption Index Fund Direct Growth is an equity fund. This fund was started on 30 October, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
SBI Nifty India Consumption Index Fund Direct Growth has given a CAGR return of -2.91% since inception.
SBI Nifty India Consumption Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Basic Materials, Utilities, Industrial, Real Estate. Its top holdings are ITC Ltd, Bharti Airtel Ltd, Mahindra & Mahindra Ltd, Hindustan Unilever Ltd, Trent Ltd
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Nifty India Consumption Index Fund Direct Growth has no lock in period.
Expense ratio | -- |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹0 Cr |
Inception Date | 30 October, 2024 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Dec-69)
SBI Nifty India Consumption Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Nifty India Consumption Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Nifty India Consumption Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Nifty India Consumption Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Nifty India Consumption Index Fund Direct Growth | - | - | - |