SBI Nifty Next 50 Index Fund Direct Growth

SBI Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Raviprakash Sharma is the Current Fund Manager of SBI Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹8,21,489 Cr and the Latest NAV as of 01 Dec 2023 is ₹13.29. The SBI Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 30 days. ;

Investment Objective

The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. ;