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.
SBI Nifty Index Fund - Direct Plan - Growth charges 0.2% of sell value; if fund sold before 15 days. There are no other charges.
Please check with your Tax Advisor.