SBI Nifty IT Index Fund Direct Growth

SBI Nifty IT Index Fund Direct Growth

Equity

SBI Mutual Fund

Index Funds

Get the latest NAV of SBI Nifty IT Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹9.37

▼-0.8%1D

NAV as on 16 May 2025

-6.26%/per year

Since Inception

Absolute Gain%

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310 people have invested ₹ 24.7L in SBI Nifty IT Index Fund Direct Growth in the last three months

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
SBI Nifty IT Index Fund
-
40Cr
0.33%
-
-
-6.26%
HDFC BSE Sensex Index Fund Direct Growth
1/7
8,290Cr
0.2%
12.08%
16.61%
13.3%
UTI Nifty 50 Index Fund Direct Growth
3/17
22,521Cr
0.17%
11.96%
17.11%
13.14%
ICICI Prudential Nifty 50 Index Fund Direct Growth
4/17
13,169Cr
0.19%
11.89%
17.06%
13.2%
See all

SBI Nifty IT Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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SBI Nifty IT Index Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 100%

Large cap
90.3%
Mid cap
18%

SBI Nifty IT Index Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 100%

SBI Nifty IT Index Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
Infosys Ltd
29.5%
18.9%
Tata Consultancy Services Ltd
24.99%
18.9%
HCL Technologies Ltd
11.78%
18.9%
Tech Mahindra Ltd
11.12%
18.9%
Wipro Ltd
8%
18.9%
See all

SBI Nifty IT Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.33%
Benchmark
Nifty IT TR INR
AUM₹40 Cr
Inception Date21 February, 2025
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About SBI Nifty IT Index Fund

SBI Nifty IT Index Fund Direct Growth is an equity fund. This fund was started on 21 February, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI Nifty IT Index Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Nifty IT Index Fund Direct Growth has given a CAGR return of -6.26% since inception.

Holdings

SBI Nifty IT Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, HCL Technologies Ltd, Tech Mahindra Ltd, Wipro Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI Nifty IT Index Fund Direct Growth

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. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Nifty IT Index Fund Direct Growth has no lock in period.

Learn more about SBI Mutual Fund

Frequently Asked Questions for SBI Nifty IT Index Fund Direct Growth

What is the current NAV of SBI Nifty IT Index Fund Direct Growth?

The current NAV of SBI Nifty IT Index Fund Direct Growth is ₹9.37 as on 16-May-2025.

What are the average returns of SBI Nifty IT Index Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
SBI Nifty IT Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
14.14%
14.14%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%

How do I invest in SBI Nifty IT Index Fund Direct Growth?

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.

What is the expense ratio of SBI Nifty IT Index Fund Direct Growth?

0.33% as on April 2025

What is net assets under management (AUM) of SBI Nifty IT Index Fund Direct Growth?

₹40 Cr as on April 2025

What are the top 5 holdings of SBI Nifty IT Index Fund Direct Growth?

Infosys Ltd(29.5%), Tata Consultancy Services Ltd(24.99%), HCL Technologies Ltd(11.78%), Tech Mahindra Ltd(11.12%), Wipro Ltd(8%) as on April 2025

What is the alpha of SBI Nifty IT Index Fund Direct Growth?

The alpha ratio for the SBI Nifty IT Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Nifty IT Index Fund Direct Growth
-
-
-
As on April 2025
The alpha for SBI Nifty IT Index Fund Direct Growth is calculated against Nifty IT 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%.

What is the beta of SBI Nifty IT Index Fund Direct Growth??

The Beta ratio for the SBI Nifty IT Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Nifty IT Index Fund Direct Growth
-
-
-
As on April 2025
The Beta for SBI Nifty IT Index Fund Direct Growth is calculated with Nifty IT 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.

What is the sharpe ratio of SBI Nifty IT Index Fund Direct Growth?

The sharpe ratio for the SBI Nifty IT Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Nifty IT Index Fund Direct Growth
-
-
-
As on April 2025
The sharpe ratio for SBI Nifty IT Index Fund Direct Growth is calculated with Nifty IT 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.

What is the standard deviation of SBI Nifty IT Index Fund Direct Growth?

The standard deviation for the SBI Nifty IT Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Nifty IT Index Fund Direct Growth
-
-
-
As on April 2025
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.

What is the exit load of SBI Nifty IT Index Fund Direct Growth?

The Exit load of SBI Nifty IT Index Fund Direct Growth is 0.25%