OTHER•INDEX FUND
SBI Nifty Index Fund Direct Plan IDCW Reinvestment
3 Year return
8.85%
NAV on August 11, 2026
118.1473
1D Returns
+0.06%
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
14.89%₹536
Total Value ₹4,136
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹13,646.15 Cr.
Expense Ratio
0.25% (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
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 Jul 2025
PK
Pradeep Kesavan
Fund Manager since Apr 2024
RS
Raviprakash Sharma
Fund Manager since Aug 2011
VC
Viral Chhadva
Fund Manager since Mar 2026
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Nifty Midcap 150 Index Fund | 18.6528% | 0 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 18.5212% | 0 |
| Nippon India Nifty Midcap 150 Index Fund | 18.4191% | 0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
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
9.6475%
Expense Ratio
0.25%
Fund Manager
Mohit Jain
Fund Size
₹13646.15 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
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://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
What is today's NAV of SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
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 August 11, 2026, is ₹118.1473
What is the AUM of SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
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 ₹13646.15 crore.
What is the expense ratio of SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
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 0.25%
What are the returns of SBI Nifty Index Fund Direct Plan IDCW Reinvestment since inception?
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.
What is the minimum SIP amount to invest in SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
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.
How do I invest in SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Nifty Index Fund Direct Plan IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,136 in 3Y at 8.8524% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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