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OTHER•INDEX FUND

SBI Nifty Index Fund Direct Plan IDCW Reinvestment

3 Year return

10.34%
NAV on April 04, 2026
108.403
1D Returns
+0.15%
Launched on January 2013(13 years)

Investment Details

₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
17.67%₹636
Total Value ₹4,236

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹11,879.12 Cr.
Expense Ratio
0.19% (inclusive of GST)
Exit Load
0.20% - For exit within 15 days from the date of allotment. Nil - For exit on or after 15 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
3
Crisil
3
Morning Star
0

Tax Implications

Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year

SBI Mutual Fund Manager

MJ

Mohit Jain

Fund Manager since Nov 2017

PK

Pradeep Kesavan

Fund Manager since Dec 2023

RS

Raviprakash Sharma

Fund Manager since May 2023

VC

Viral Chhadva

Fund Manager since Jun 2025

Fund House Details

SBI Mutual Fund

SBI Mutual Fund

Asset management company

AUM
₹12,63,744.62 Cr.
No. of Schemes
255
Setup Date
June 1987

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Aditya Birla Sun Life Nifty Midcap 150 Index Fund20.6626%
0
Motilal Oswal Nifty Midcap 150 Index Fund20.8107%
0
Nippon India Nifty Midcap 150 Index Fund20.5602%
0

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Nifty Index Fund Direct Plan IDCW Reinvestment

The SBI Nifty Index Fund Direct Plan IDCW Reinvestment fund is an index fund managed by State Bank of India Mutual Fund. It is a type of fund that tracks the performance of the Nifty 50 index. This is an open-ended investment scheme that provides the investor with an opportunity to invest at any time. The expense ratio of SBI Nifty Index Fund Direct Plan IDCW Reinvestment is lower compared to its category average.

Investment Objectives of the Scheme

The investment objective of the SBI Nifty Index Fund Direct Plan IDCW Reinvestment fund is to provide returns that are closely correlated to the returns of the Nifty 50 index. The fund aims to achieve this by investing in a portfolio of stocks that are included in the Nifty 50 index.

Key Features of The Fund

5-year return
9.8178%
Expense Ratio
0.19%
Fund Manager
Mohit Jain
Fund Size
₹11879.12 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

The SBI Nifty Index Fund Direct Plan IDCW Reinvestment fund is suitable for investors who are looking for a low-cost way to track the performance of the Nifty 50 index. The fund is also suitable for investors who are looking for a relatively low-risk investment. However, talk to your financial advisor and ensure that you are considering your investment objectives and risk appetite.

AMC Contact Details

NameSBI Mutual Fund
Launch DateJune 1987
Address9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact1800 209 33331800 425 5425
Emailcustomer.delight@sbimf.com
Websitehttps://www.sbimf.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Nifty Index Fund Direct Plan IDCW Reinvestment on April 04, 2026, is ₹108.403
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Nifty Index Fund Direct Plan IDCW Reinvestment, is ₹11879.12 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of SBI Nifty Index Fund Direct Plan IDCW Reinvestment is 0.19%
The SBI Nifty Index Fund Direct Plan IDCW Reinvestment was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Nifty Index Fund Direct Plan IDCW Reinvestment is ₹500.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹4,236 in 3Y at 10.344% returns
SIP Date1st of every month

Your next SIP Payment will be on 5 May 2026

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