1 / 2

SBI Nifty 500 Index Fund NFO Review, Date & NAV

Discover key insights into the SBI Nifty 500 Index Fund NFO, including its objectives and benefits.

aminafinowings
Download Presentation

SBI Nifty 500 Index Fund NFO Review, Date & NAV

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SBI Nifty 500 Index Fund NFO: Review, Date & NAV The SBI Nifty 500 Index Fund is an open-ended scheme introduced by SBI Mutual Fund, designed to track the Nifty 500 Index. This index consists of the top 500 companies across large-cap, mid-cap, and small-cap segments, providing broad market exposure. The primary objective of the fund is to replicate the performance of the Nifty 500 Index, subject to tracking errors. With a minimum subscription amount of Rs. 5000, the NFO opens on September 17, 2024, and closes on September 24, 2024. Investors can repurchase or sell units within 5 business days of allotment. The scheme carries a very high-risk level, and there is no guarantee that it will achieve its investment objectives. The fund plans to invest 95-100% of its assets in Nifty 500 Index securities, and up to 5% in government securities or liquid mutual funds. According to SBI Funds Management MD & CEO Shamsher Singh, this fund

  2. provides a comprehensive investment opportunity across India’s economy, suitable for those seeking exposure to large, mid, and small-cap companies. The scheme o?ers two plans: Direct Growth and Regular Growth, with options for growth or income distribution.

More Related