Sbi Nifty Index Fund Overview
Category Index Fund
BMSMONEY Rank 21
BMSMONEY Rating
Growth Option As On: 18-04-2024
NAV ₹191.93 (R) 0.0% ₹200.69 (D) 0.0%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 25.54% 15.94% 14.09% 13.9% 12.75%
LumpSum Dir. P 25.94% 16.31% 14.5% 14.32% 13.21%
SIP Reg. P 20.11% 14.69% 16.84% 14.97% 13.59%
SIP Dir. P 20.5% 15.05% 17.24% 15.37% 14.01%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.55 0.31 0.73 -0.67% 0.07
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.93% -13.21% -10.26% 1.0 8.54%

NAV Date: 18-04-2024

Scheme Name NAV Rupee Change Percent Change
SBI Nifty Index Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 98.47
0.0000
0.0000%
SBI Nifty Index Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) 103.08
0.0000
0.0000%
SBI NIFTY INDEX FUND - REGULAR PLAN - GROWTH 191.93
0.0000
0.0000%
SBI NIFTY INDEX FUND - DIRECT PLAN - GROWTH 200.69
0.0000
0.0000%

Review Date: Feb. 29, 2024

Performance of the SBI Nifty Index Fund has been analyzed on 21 performance parameters. Out of nine return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly one risk-adjusted performance parameter is in first quartile. Based on this performance SBI Nifty Index Fund has achieved 21 st (out of 36 funds), which is average rank in the Index Funds category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Index Funds category has 36 funds.
We use a composite performance score in our ranking process that considers factors like the fund's returns, risk, and risk-adjusted performance over a period of three years. This composite performance score subsequently guides the ranking of funds within a category.

The SBI Nifty Index Fund has poor return performance, as all 1 year and above return parameters are below average in Index Funds category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the SBI Nifty Index Fund has given return of 2.23% in last one month which is poor as it is in the below average in Index Funds.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the SBI Nifty Index Fund has given return of 8.49% in last three month which is poor as it is in the below average in Index Funds.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the SBI Nifty Index Fund has given return of 14.24% in last six month which is poor as it is in the below average in Index Funds.
  4. 1 Year Return%: The SBI Nifty Index Fund has given return of 27.67% in last one year which is poor as it is in the below average in Index Funds. The one year return rank of SBI Nifty Index Fund is 49 in 88 funds. The investment of ₹ 10,000 in this fund would have become ₹ 12767.0 in one year.
  5. 3 Year Return%: The SBI Nifty Index Fund has given return of 14.87% in last three year which is poor as it is in the below average with return rank of 17 in 33 funds. in Index Funds.
  6. 5 Year Return%: The SBI Nifty Index Fund has given return of 15.58% in last five year which is poor as it is in the below average with return rank of 14 in 21 funds. in Index Funds.
  7. 1 Year SIP Return%: The SBI Nifty Index Fund has given return of 28.18% in last one year which is poor as it is in the below average with return rank of 48 in 88 funds. in Index Funds.
  8. 3 Year SIP Return%: The SBI Nifty Index Fund has given return of 16.07% in last three year which is poor as it is in the below average with return rank of 17 in 33 funds. in Index Funds.
  9. 5 Year SIP Return%: The SBI Nifty Index Fund has given return of 17.61% in last five year which is poor as it is in the below average with return rank of 10 in 21 funds. in Index Funds.
    10. '
'

The SBI Nifty Index Fund has average risk performance, as more than 25% risk parameters are above average Index Funds category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The SBI Nifty Index Fund has standard deviation of 12.93 which is good as it is above average with risk rank of 14 in 29 funds. in Index Funds.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The SBI Nifty Index Fund has semi deviation of 8.54 which is good as it is above average with risk rank of 15 in 29 funds. in Index Funds.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The SBI Nifty Index Fund has max drawdown of -10.26% which is good as it is above average with risk rank of 12 in 29 funds. in Index Funds.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The SBI Nifty Index Fund has 1Y VaR at 95% of -13.21% which is good as it is above average with risk rank of 13 in 29 funds. in Index Funds.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The SBI Nifty Index Fund has average drawdown of -4.34% which is good as it is above average with risk rank of 9 in 29 funds. in Index Funds.
    6. '
'

The SBI Nifty Index Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Index Funds category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Sterling Ratio of 0.73 which is poor as it is in the below average with risk rank of 17 in 29 funds. in Index Funds.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Sortino Ratio of 0.31 which is poor as it is in the below average with risk rank of 16 in 29 funds. in Index Funds.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Jensen Alpha of -0.67% which is poor as it is in the below average with risk rank of 12 in 29 funds. in Index Funds.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Treynor Ratio of 0.07 which is poor as it is in the below average with risk rank of 18 in 29 funds. in Index Funds.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Modigliani Square Measure of 14.88% which is poor as it is in the below average with risk rank of 17 in 29 funds. in Index Funds.
  6. Alpha %: It is a measure of risk-adjusted return. The SBI Nifty Index Fund has Alpha of -0.68% which is very good as it is in the top quartile with risk rank of 8 in 29 funds. in Index Funds.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.77
2.70
-6.48 | 12.13 48 | 86
No
No
No
3M Return % 1.72
3.63
-9.74 | 13.39 63 | 86
No
No
No
6M Return % 12.14
15.45
3.66 | 37.84 46 | 86
No
No
No
1Y Return % 25.54
31.70
6.26 | 75.22 46 | 86
No
No
No
3Y Return % 15.94
17.81
5.02 | 29.32 21 | 39
No
No
No
5Y Return % 14.09
14.67
13.61 | 17.38 14 | 21
No
No
No
7Y Return % 13.90
13.95
13.37 | 14.59 9 | 16
No
No
No
10Y Return % 12.75
12.99
12.18 | 16.14 8 | 16
No
No
No
15Y Return % 13.47
13.51
13.01 | 13.97 7 | 11
No
No
No
1Y SIP Return % 20.11
24.37
-9.00 | 64.26 47 | 86
No
No
No
3Y SIP Return % 14.69
18.10
3.86 | 30.18 21 | 39
No
No
No
5Y SIP Return % 16.84
17.79
15.54 | 23.38 10 | 21
No
No
No
7Y SIP Return % 14.97
15.06
14.29 | 17.95 7 | 16
No
No
No
10Y SIP Return % 13.59
13.66
12.83 | 15.85 8 | 16
No
No
No
15Y SIP Return % 12.49
12.52
12.22 | 12.87 5 | 9
No
No
No
Standard Deviation 12.93
14.28
12.64 | 17.63 14 | 29
Yes
No
No
Semi Deviation 8.54
9.73
8.28 | 13.04 15 | 29
Yes
No
No
Max Drawdown % -10.26
-12.40
-21.01 | -9.87 12 | 29
Yes
No
No
VaR 1 Y % -13.21
-16.30
-24.98 | -12.63 13 | 29
Yes
No
No
Average Drawdown % -4.34
-5.17
-7.97 | -4.18 9 | 29
Yes
No
No
Sharpe Ratio 0.55
0.65
0.09 | 1.16 16 | 29
No
No
No
Sterling Ratio 0.73
0.77
0.36 | 1.11 17 | 29
No
No
No
Sortino Ratio 0.31
0.36
0.08 | 0.63 16 | 29
No
No
No
Jensen Alpha % -0.67
-0.67
-1.82 | 3.95 12 | 29
No
No
No
Treynor Ratio 0.07
0.10
0.02 | 0.19 18 | 29
No
No
No
Modigliani Square Measure % 14.88
17.50
8.94 | 28.00 17 | 29
No
No
No
Alpha % -0.68
-1.09
-3.03 | 0.09 8 | 29
Yes
Yes
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.79 2.73 -6.51 | 12.18 50 | 86
No
No
No
3M Return % 1.80 3.72 -9.69 | 13.41 63 | 86
No
No
No
6M Return % 12.31 15.68 3.72 | 38.02 48 | 86
No
No
No
1Y Return % 25.94 32.27 6.53 | 76.41 44 | 86
No
No
No
3Y Return % 16.31 18.35 5.29 | 30.24 21 | 39
No
No
No
5Y Return % 14.50 15.10 14.26 | 17.95 12 | 21
No
No
No
7Y Return % 14.32 14.38 13.87 | 14.85 11 | 16
No
No
No
10Y Return % 13.21 13.43 12.81 | 16.62 9 | 15
No
No
No
1Y SIP Return % 20.50 24.89 -8.75 | 64.72 48 | 86
No
No
No
3Y SIP Return % 15.05 18.61 4.13 | 31.05 20 | 39
No
No
No
5Y SIP Return % 17.24 18.21 16.21 | 23.78 11 | 21
No
No
No
7Y SIP Return % 15.37 15.49 14.97 | 18.38 8 | 16
No
No
No
10Y SIP Return % 14.01 14.09 13.46 | 16.30 8 | 15
No
No
No
Standard Deviation 12.93 14.28 12.64 | 17.63 14 | 29
Yes
No
No
Semi Deviation 8.54 9.73 8.28 | 13.04 15 | 29
Yes
No
No
Max Drawdown % -10.26 -12.40 -21.01 | -9.87 12 | 29
Yes
No
No
VaR 1 Y % -13.21 -16.30 -24.98 | -12.63 13 | 29
Yes
No
No
Average Drawdown % -4.34 -5.17 -7.97 | -4.18 9 | 29
Yes
No
No
Sharpe Ratio 0.55 0.65 0.09 | 1.16 16 | 29
No
No
No
Sterling Ratio 0.73 0.77 0.36 | 1.11 17 | 29
No
No
No
Sortino Ratio 0.31 0.36 0.08 | 0.63 16 | 29
No
No
No
Jensen Alpha % -0.67 -0.67 -1.82 | 3.95 12 | 29
No
No
No
Treynor Ratio 0.07 0.10 0.02 | 0.19 18 | 29
No
No
No
Modigliani Square Measure % 14.88 17.50 8.94 | 28.00 17 | 29
No
No
No
Alpha % -0.68 -1.09 -3.03 | 0.09 8 | 29
Yes
Yes
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.0 ₹ 10000.0 0.0 ₹ 10000.0
1W -2.33 ₹ 9767.0 -2.33 ₹ 9767.0
1M 0.77 ₹ 10077.0 0.79 ₹ 10079.0
3M 1.72 ₹ 10172.0 1.8 ₹ 10180.0
6M 12.14 ₹ 11214.0 12.31 ₹ 11231.0
1Y 25.54 ₹ 12554.0 25.94 ₹ 12594.0
3Y 15.94 ₹ 15583.0 16.31 ₹ 15734.0
5Y 14.09 ₹ 19328.0 14.5 ₹ 19679.0
7Y 13.9 ₹ 24863.0 14.32 ₹ 25519.0
10Y 12.75 ₹ 33210.0 13.21 ₹ 34582.0
15Y 13.47 ₹ 66519.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 20.1101 ₹ 13271.616 20.4954 ₹ 13295.34
3Y ₹ 36000 14.689 ₹ 44782.452 15.0506 ₹ 45014.976
5Y ₹ 60000 16.8436 ₹ 91398.0 17.2392 ₹ 92288.04
7Y ₹ 84000 14.9694 ₹ 143239.068 15.3701 ₹ 145303.032
10Y ₹ 120000 13.5855 ₹ 243915.72 14.0065 ₹ 249476.4
15Y ₹ 180000 12.4878 ₹ 496530.9 - ₹ -


Date NAV Regular Growth NAV Direct Growth
18-04-2024 191.9326 200.6931
16-04-2024 193.2639 202.082
15-04-2024 194.3538 203.2204
12-04-2024 196.5158 205.4764
09-04-2024 197.601 206.6056
08-04-2024 197.8096 206.8221
05-04-2024 196.4853 205.4328
04-04-2024 196.4966 205.4431
03-04-2024 195.8013 204.7145
02-04-2024 195.967 204.8859
01-04-2024 196.0539 204.9745
28-03-2024 194.8845 203.7448
27-03-2024 193.114 201.892
26-03-2024 192.0847 200.8141
22-03-2024 192.8987 201.658
21-03-2024 192.1582 200.8822
20-03-2024 190.6565 199.3105
19-03-2024 190.4712 199.1151
18-03-2024 192.5543 201.291
15-03-2024 192.2805 200.9995
14-03-2024 193.3581 202.1242
13-03-2024 192.061 200.7665
12-03-2024 195.0152 203.8528
11-03-2024 194.9915 203.8263
07-03-2024 196.4043 205.296
06-03-2024 196.2371 205.1194
05-03-2024 195.2119 204.0459
04-03-2024 195.6456 204.4975
01-03-2024 195.0703 203.8907
29-02-2024 191.9635 200.6418
28-02-2024 191.6913 200.3555
27-02-2024 193.853 202.6132
26-02-2024 193.1901 201.9185
23-02-2024 193.9906 202.7499
22-02-2024 194.0356 202.7951
21-02-2024 192.6199 201.3138
20-02-2024 193.8616 202.6098
19-02-2024 193.1875 201.9035
16-02-2024 192.483 201.162
15-02-2024 191.3202 199.945
14-02-2024 190.6612 199.2545
13-02-2024 189.8191 198.3727
12-02-2024 188.7129 197.2149
09-02-2024 190.1735 198.7362
08-02-2024 189.5944 198.1292
07-02-2024 191.3414 199.9532
06-02-2024 191.335 199.9447
05-02-2024 189.9415 198.4866
02-02-2024 190.666 199.2385
01-02-2024 189.3045 197.814
31-01-2024 189.5539 198.0729
30-01-2024 187.7808 196.2183
29-01-2024 189.6635 198.1839
25-01-2024 186.3159 194.6792
24-01-2024 187.203 195.6044
23-01-2024 185.3262 193.6418
19-01-2024 188.6833 197.1425
18-01-2024 187.2093 195.6008
17-01-2024 188.1694 196.6022
16-01-2024 192.188 200.7991
15-01-2024 192.7593 201.3943
12-01-2024 190.9975 199.5483
11-01-2024 188.8423 197.2949
10-01-2024 188.5974 197.0373
09-01-2024 187.9562 196.3656
08-01-2024 187.6813 196.0768
05-01-2024 189.4151 197.8829
04-01-2024 188.9626 197.4084
03-01-2024 187.7324 196.1215
02-01-2024 189.0306 197.476
01-01-2024 189.6966 198.1701
29-12-2023 189.6128 198.0773
28-12-2023 190.0282 198.5096
27-12-2023 188.9688 197.4011
26-12-2023 187.1107 195.4584
22-12-2023 186.3196 194.6248
21-12-2023 185.4986 193.7656
20-12-2023 184.5847 192.8093
19-12-2023 187.2322 195.5731
18-12-2023 186.9345 195.2604
15-12-2023 187.2738 195.6097
14-12-2023 184.8859 193.1138
13-12-2023 182.6504 190.7772
12-12-2023 182.4789 190.5963
11-12-2023 183.2734 191.4245
08-12-2023 183.0391 191.1748
07-12-2023 182.4453 190.5529
06-12-2023 182.7669 190.8871
05-12-2023 182.0486 190.1352
04-12-2023 180.5829 188.6028
01-12-2023 176.9343 184.7873
30-11-2023 175.7607 183.56
29-11-2023 175.4444 183.2281
28-11-2023 173.6427 181.3449
24-11-2023 172.8231 180.4826
23-11-2023 172.8901 180.5509
22-11-2023 172.9785 180.6417
21-11-2023 172.7325 180.3833
20-11-2023 171.9565 179.5713
17-11-2023 172.2887 179.9135
16-11-2023 172.5808 180.217
15-11-2023 171.7805 179.3797
13-11-2023 169.7611 177.2678
10-11-2023 169.6099 177.1051
09-11-2023 169.3503 176.8325
08-11-2023 169.7732 177.2725
07-11-2023 169.4547 176.9384
06-11-2023 169.5013 176.9856
03-11-2023 167.9266 175.3368
02-11-2023 167.054 174.4241
01-11-2023 165.7518 173.063
31-10-2023 166.5335 173.8776
30-10-2023 167.0716 174.4379
27-10-2023 166.2613 173.5872
26-10-2023 164.6042 171.8557
25-10-2023 166.9173 174.2692
23-10-2023 168.1869 175.5916
20-10-2023 170.469 177.9695
19-10-2023 171.1615 178.6909
18-10-2023 171.5506 179.0956
17-10-2023 172.7773 180.3747
16-10-2023 172.0848 179.6502
13-10-2023 172.26 179.8284
12-10-2023 172.6371 180.2205
11-10-2023 172.7909 180.3794
10-10-2023 171.7339 179.2744
09-10-2023 170.1882 177.6593
06-10-2023 171.4263 178.9471
05-10-2023 170.4889 177.967
04-10-2023 169.5355 176.9702
03-10-2023 170.3451 177.8137
29-09-2023 171.3094 178.8141
27-09-2023 171.9967 179.5282
26-09-2023 171.5479 179.0582
25-09-2023 171.6363 179.1489
22-09-2023 171.6355 179.1434
21-09-2023 172.2324 179.7648
20-09-2023 173.6228 181.2146
18-09-2023 175.6509 183.3281
15-09-2023 176.1736 183.8688
14-09-2023 175.3977 183.0575
13-09-2023 175.1108 182.7564
12-09-2023 174.4441 182.059
11-09-2023 174.4745 182.0891
08-09-2023 172.9429 180.486
07-09-2023 172.1358 179.6421
06-09-2023 171.1265 178.5872
05-09-2023 170.8197 178.2655
04-09-2023 170.4199 177.8467
01-09-2023 169.6111 176.998
31-08-2023 168.0317 175.3483
30-08-2023 168.8508 176.2015
29-08-2023 168.811 176.1585
28-08-2023 168.4949 175.827
25-08-2023 168.1499 175.4624
24-08-2023 169.208 176.565
23-08-2023 169.7103 177.0876
22-08-2023 169.297 176.6548
21-08-2023 169.2752 176.6305
18-08-2023 168.4942 175.8109
17-08-2023 168.9544 176.2896
16-08-2023 169.8269 177.1984
14-08-2023 169.5666 176.9237
11-08-2023 169.5011 176.8507
10-08-2023 170.4344 177.823
09-08-2023 171.2166 178.6375
08-08-2023 170.5709 177.9623
07-08-2023 170.805 178.2049
04-08-2023 170.1124 177.4777
03-08-2023 168.9325 176.2451
02-08-2023 170.1638 177.5282
01-08-2023 171.8988 179.3367
31-07-2023 172.0781 179.5222
28-07-2023 171.1469 178.5461
27-07-2023 171.2489 178.6509
26-07-2023 172.2643 179.7087
25-07-2023 171.4165 178.8226
24-07-2023 171.3474 178.749
21-07-2023 171.9869 179.4114
20-07-2023 174.018 181.5286
19-07-2023 172.7113 180.1639
18-07-2023 171.9833 179.403
17-07-2023 171.6563 179.0603
14-07-2023 170.3846 177.7291
13-07-2023 169.0466 176.3319
12-07-2023 168.7152 175.9847
11-07-2023 169.1985 176.4873
10-07-2023 168.4592 175.7146
07-07-2023 168.2566 175.4987
06-07-2023 169.6916 176.9939
05-07-2023 168.8356 176.0996
04-07-2023 168.7549 176.0139
03-07-2023 168.1799 175.4125
30-06-2023 167.025 174.2034
28-06-2023 165.1264 172.2202
27-06-2023 163.7837 170.8183
26-06-2023 162.6894 169.6755
23-06-2023 162.4731 169.4456
22-06-2023 163.3962 170.4068
21-06-2023 164.1427 171.1838
20-06-2023 163.7959 170.8206
19-06-2023 163.2665 170.267
16-06-2023 163.8482 170.869
15-06-2023 162.6474 169.6153
14-06-2023 163.191 170.1807
13-06-2023 162.8481 169.8216
12-06-2023 161.8548 168.7843
09-06-2023 161.5292 168.4403
08-06-2023 162.1324 169.0679
07-06-2023 162.9342 169.9025
06-06-2023 161.8281 168.7476
05-06-2023 161.7877 168.704
02-06-2023 161.2749 168.1649
01-06-2023 160.7322 167.5975
31-05-2023 161.1399 168.0211
30-05-2023 161.9199 168.833
29-05-2023 161.617 168.5157
26-05-2023 160.7605 167.6182
25-05-2023 159.2152 166.0055
24-05-2023 158.9068 165.6825
23-05-2023 159.4531 166.2507
22-05-2023 159.1631 165.9469
19-05-2023 158.2055 164.9441
18-05-2023 157.5597 164.2694
17-05-2023 158.0119 164.7394
16-05-2023 158.9249 165.6898
15-05-2023 159.5785 166.3699
12-05-2023 158.8564 165.6127
11-05-2023 158.7043 165.4527
10-05-2023 158.8652 165.6189
09-05-2023 158.441 165.1752
08-05-2023 158.4303 165.1627
05-05-2023 156.7368 163.3929
04-05-2023 158.3555 165.079
03-05-2023 156.9339 163.5956
02-05-2023 157.4372 164.1188
28-04-2023 156.7284 163.3743
27-04-2023 155.3928 161.9806
26-04-2023 154.5152 161.0644
25-04-2023 154.1323 160.6639
24-04-2023 153.9105 160.4313
21-04-2023 152.8818 159.3548
20-04-2023 152.8804 159.3519
19-04-2023 152.8329 159.301
18-04-2023 153.1942 159.6762

Fund Launch Date: 18/Dec/2001
Fund Category: Index Fund
Investment Objective: The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks. However, there can be no assurance that the investment objective of the scheme will be achieved.
Fund Description: An open-ended Scheme tracking Nifty 50 Index
Fund Benchmark: Nifty 50 Index
Source: Fund FactSheet

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