SBI Nifty IT Index Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

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.

Scheme Details

Fund manager(s) – Harsh Sethi
Launch date – 21-Feb-2025
Expense ratio – 0.3% as declared on 31-Aug-2025 (category average is 0.28%)
Benchmark - Nifty IT TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

SBI Nifty IT Index Fund - Direct Plan - Growth charges 0.25% of sell value; if fund sold before 15 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

59.63

0.00

0.00%

Aug - 2025	59.63	0.00%
Jul - 2025	49.13	0.00%
Jun - 2025	48.18	0.00%
May - 2025	49.57	0.00%
Apr - 2025	40.34	0.00%
Mar - 2025	37.88	0.00%
Feb - 2025	35.34	0.00%

Tax Rate

Please check with your Tax Advisor.

Contact Details

SBI Funds Management Limited

9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Tel no.: 022 - 61793000
Fax no.: 022 – 67425687
Website.: https://www.sbimf.com

Forum

hunch
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32 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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  JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss
  
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shravanashok
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47 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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The Fixed Income
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17 hrs ago

Invest in a Secure PSU Bond for Steady Growth TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2031 Bond ✔️ Coupon: 9.35% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 5y 10m (Maturity: 08/Aug/2031) ✔️ PSU Bond | High Return | Listed A reliable PSU bond offering attractive returns with strong credit backing—perfect for conservative investors seeking stability and growth. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhb1p3PT0=/967-kerala-infrastructure-investment-fund-board-2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in a Secure PSU Bond for Steady Growth TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2031 Bond ✔️ Coupon: 9.35% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 5y 10m (Maturity: 08/Aug/2031) ✔️ PSU Bond | High Return | Listed A reliable PSU bond offering attractive returns with strong credit backing—perfect for conservative investors seeking stability and growth. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhb1p3PT0=/967-kerala-infrastructure-investment-fund-board-2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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98 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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Progrowth Finwealth
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98 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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  Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time
  
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h_purandare
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104 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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