SBI Nifty Index Fund - Growth
( NAV change from the previous, NAV as on 18/04/2024 )
Return Since Launch
NA
Launch Date
2002-02-04 05:30:00.0
AUM
NA
(as on date NA)
Benchmark
Nifty 50 Index
Fund Manager
Mr. Raviprakash Sharma
Risk: Moderately High
SBI Nifty Index Fund Overview
SBI Nifty Index Fund is an open-ended fund managed by Mr. Raviprakash Sharma. SBI Nifty Index Fund was launched on 17th January 2002. The risk of SBI Nifty Index Fund is moderately high. The benchmark of SBI Nifty Index Fund is Nifty 50 Index. SBI Nifty Index Fund comes with two investment options SBI Nifty Index Fund Growth and SBI Nifty Index Fund Dividend you can choose any one from them. SBI Nifty Index Fund expense ratio is also lower than other funds. You can get more information about SBI Nifty Index Fund Performance, SBI Nifty Index Fund NAV online. You can invest in both SBI Nifty Index Fund SIP and SBI Nifty Index Fund Lump sum ways in SBI Nifty Index Fund. The minimum SBI Nifty Index Fund SIP amount is Rs. 500 only. SBI Nifty Index Fund Expense ratio is lower than other funds. SBI Nifty Index Fund exit load is 0.2% if you redeem within 15 days.
Eligibility Criteria to invest in SBI Nifty Index Fund
- Individual should be an Indian Citizen
- Minor through parent/lawful guardian
- Foreign Institutional Investors
- Financial Institutions and Investment Institutions
- Non-resident Indians/Persons of Indian origin residing abroad
- Association of Persons
- Partner(s) of Partnership Firms.
- Societies
- Karta of Hindu Undivided Family
- Companies
- Trusts
Documents require to invest in SBI Nifty Index Fund
Along with the KYC application of the applicant, following are the essential documents for investing in SBI Nifty Index Fund -
- PAN Card
- ID Proof- AADHAR Card, Voter ID Card.
- Residential Proof
- Passport size Photographs
- Duly filled application form
- KYC Acknowledgement
- Declaration of 3rd party (for minors)
SBI Nifty Index Fund Advantages
- SBI Nifty Index Fund comes with two investment options SBI Nifty Index Fund Growth and SBI Nifty Index Fund Dividend.
- SBI Nifty Index Fund expense ratio is low.
- You can check the regular SBI Nifty Index Fund NAV, SBI Nifty Index Fund Performance, and all other details online.
- SBI Nifty Index Fund is managed by professional experienced fund managers so your money is in safe hands.
- You can invest in SBI Nifty Index Fund through SBI Nifty Index Fund SIP or SBI Nifty Index Fund Lump sum whatever you want.
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