SBI Nifty IT Index Fund
The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Growthvine rating: 3/5 — ranked #116 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹7.68 (as of 2026-08-21) |
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| AUM | ₹98 Cr |
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| Expense ratio | 0.66% |
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| Riskometer | Very High |
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| Fund manager | Viral Chhadva |
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| Exit load | 0.25% for redemption within 15 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | -34.26% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 81.6% |
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| Mid cap | 18.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 79.3% |
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| Top 10 holdings | 101.0% |
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| Total holdings | 10 |
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Top holdings
- Infosys Ltd — 29.5%
- Tata Consultancy Services Ltd. — 20.5%
- HCL Technologies Ltd — 12.0%
- Tech Mahindra Limited — 10.9%
- Persistent Systems Limited — 6.3%
- COFORGE LIMITED — 6.3%
- Wipro Ltd. — 5.2%
- LTM LIMITED — 4.2%
- Mphasis Limited — 3.2%
- Oracle Financial Services Software Limited — 2.8%
Top sectors
- Software & Services — 101.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -18.7% | — | — |