SBI Nifty Bank Index Fund - Direct (G)

You can invest in SBI Nifty Bank Index Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹5,000 and the minimum SIP amount is ₹500.

The latest NAV of SBI Nifty Bank Index Fund - Direct (G) is ₹11.16.

SBI Nifty Bank Index Fund - Direct (G) manages assets worth ₹209.88 Cr.

The expense ratio of SBI Nifty Bank Index Fund - Direct (G) is 0.36%.

The exit load applicable on SBI Nifty Bank Index Fund - Direct (G) is For exit on or before 15 days from the date of allotment 0.25% For exit after 15 days from the date of allotment Nil..

As per the riskometer, SBI Nifty Bank Index Fund - Direct (G) carries Very High risk.

SBI Nifty Bank Index Fund - Direct (G) is managed by SBI Mutual Fund.

SBI Nifty Bank Index Fund - Direct (G) belongs to the Index Fund category.

SBI Nifty Bank Index Fund - Direct (G) is benchmarked against the Nifty Bank TRI.

SBI Nifty Bank Index Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

SBI Nifty Bank Index Fund - Direct (G) was launched on 06 Feb 2025.

After the initial investment, you can invest in SBI Nifty Bank Index Fund - Direct (G) in further multiples of ₹1,000.

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.