SBI Nifty IT Index Fund NFO Mutual Fund NAV, AUM, Risk

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By SBI Mutual Fund Others Index

NFO Closed

Offer Price

₹10.00

Min. Investment

₹5000

Open Date

04 Feb 2025

Close Date

17 Feb 2025

Fund Status

View Fund Details →

SBI Nifty IT Index Fund is a New Fund Offer (NFO) by SBI Funds Management Ltd. categorized under Index. The NFO is open for subscription from 04 Feb 2025 to 17 Feb 2025. Investors can subscribe with a lumpsum investment of ₹5,000. The offer price is ₹10.00 per unit. The fund will be managed by Viral Chhadva. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.75%. It will benchmark against Nifty IT Total Return.

Fund Details

Offer Price

₹10.00 per unit

Subscription Period

04 Feb 2025 to 17 Feb 2025

Min. Lumpsum Amount

₹5000

Scheme Type

Open Ended

Fund Objective

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.

AMC Details

Name

SBI Mutual Fund

Fund Manager

Mr. Viral Chhadva (Equity)

Website

https://www.sbimf.com

Top Funds from Others - Index Funds/ETFs

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
UTI BSE Sensex Index Fund Index Regular	₹13.88	5.22%	33.06%	0.00%	₹208	0.30%	Very High
Tata BSE Sensex Index Fund - Direct Plan Index Direct	₹206.52	5.15%	33.04%	57.79%	₹407	0.29%	Very High
Sundaram NIFTY 100 Equal Weight Fund - Direct Plan Index Direct	₹79.19	3.52%	33.02%	42.13%	₹131	0.52%	Very High
Sundaram NIFTY 100 Equal Weight Fund - Direct Plan Index Direct	₹79.19	3.52%	33.02%	42.13%	₹131	0.52%	Very High
Sundaram NIFTY 100 Equal Weight Fund - Direct Plan Index Direct	₹79.19	3.52%	33.02%	42.13%	₹131	0.52%	Very High
HDFC BSE Sensex Index Fund Index Regular	₹719.61	5.12%	32.86%	57.87%	₹8,900	0.36%	Very High
Bandhan BSE Sensex ETF ETF Regular	₹839.17	5.10%	32.83%	57.86%	₹1	0.38%	Very High
LIC MF BSE Sensex Index Fund - Direct Plan Index Direct	₹155.61	4.78%	32.48%	57.60%	₹90	0.83%	Very High
LIC MF BSE Sensex Index Fund - Direct Plan Index Direct	₹52.17	4.77%	32.47%	57.57%	₹90	0.83%	Very High
LIC MF BSE Sensex Index Fund - Direct Plan Index Direct	₹52.17	4.77%	32.47%	57.57%	₹90	0.83%	Very High

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