Dezerv

Fund Overview

Fund Size

Fund Size

₹116 Cr

Expense Ratio

Expense Ratio

0.21%

ISIN

ISIN

INF200KB1563

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

06 Feb 2025

About this fund

This fund has been in existence for 4 months and 13 days, having been launched on 06-Feb-25.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹11.09, Assets Under Management (AUM) of 115.55 Crores, and an expense ratio of 0.21%.
  • SBI Nifty Bank Index Fund Direct Growth has given a CAGR return of 10.91% since inception.
  • The fund's asset allocation comprises around 100.04% in equities, 0.00% in debts, and -0.04% in cash & cash equivalents.
  • You can start investing in SBI Nifty Bank Index Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+10.91%

(Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity115.59 Cr100.04%
Others-0.04 Cr-0.04%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity32.16 Cr27.83%
ICICI Bank LtdEquity29.1 Cr25.18%
Axis Bank LtdEquity9.71 Cr8.41%
State Bank of IndiaEquity9.58 Cr8.29%
Kotak Mahindra Bank LtdEquity8.71 Cr7.54%
IndusInd Bank LtdEquity4.63 Cr4.01%
The Federal Bank LtdEquity4.26 Cr3.69%
Bank of BarodaEquity3.98 Cr3.44%
IDFC First Bank LtdEquity3.63 Cr3.14%
AU Small Finance Bank LtdEquity3.35 Cr2.90%
Canara BankEquity3.33 Cr2.88%
Punjab National BankEquity3.14 Cr2.72%
Net Receivable / PayableCash - Collateral-0.58 Cr0.51%
TrepsCash - Repurchase Agreement0.54 Cr0.47%

Allocation By Market Cap (Equity)

Large Cap Stocks

83.42%

Mid Cap Stocks

16.62%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services115.59 Cr100.04%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

HS

Harsh Sethi

Since February 2025

Additional Scheme Detailsas of 31st May 2025

ISIN
INF200KB1563
Expense Ratio
0.21%
Exit Load
No Charges
Fund Size
₹116 Cr
Age
4 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Bank TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

  • If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
  • If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
  • Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of SBI Nifty Bank Index Fund Direct Growth, as of 18-Jun-2025, is ₹11.09.
The fund's allocation of assets is distributed as 100.04% in equities, 0.00% in bonds, and -0.04% in cash and cash equivalents.
The fund managers responsible for SBI Nifty Bank Index Fund Direct Growth are:-
  1. Harsh Sethi