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Equity
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Very High Risk

SBI Nifty 500 Index Fund

NAV : ₹ 8.636 as of 02 April, 2026

Overview

₹ 776.68 Cr

Fund size

₹ 500

Min SIP

₹ 5000

Lumpsum

17 September 2024

Launch date

Growth

Fund plan

Regular

Scheme type

Return Calculator

₹ 5,000

Over the past

Total Investment of ₹60,000
Monthly SIP of ₹5,000 would have become ₹59,540 in 1 year with a gain of ₹-459 (-0.77%)
Start SIP

Disclaimer: Past performance is not an indicator of future returns

Top Holdings

View all Equity Holdings

Equity Holding(s) Distribution

Other Scheme Info

Expense Ratio

Inclusive of GST

0.79%
Stamp Duty

0.005%
Exit Load

Exit load of 0.25%, if redeemed within 15 days.

0
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Fund House

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SBI Mutual Fund

Total AUM: 1261509.05Cr

SBI Mutual Fund was established on June 29, 1987, as a Trust, with State Bank of India (SBI) acting as the sponsor and SBI Mutual Fund Trustee Company Private Limited serving as the Trustee. It received registration from SEBI on December 23, 1993. A significant development occurred on April 13, 2011, when an agreement was inked between SBI and AMUNDI Asset Management, transforming the fund house into a joint venture. SBI Mutual Fund has been a pioneer in several aspects. It was the first Indian Mutual Fund to introduce a 'Contra' fund, known as the SBI Contra Fund. Additionally, in 2013, the fund expanded its footprint by acquiring Daiwa Mutual Fund, a part of the Daiwa Group in Japan. Notably, SBI Mutual Fund holds the distinction of being the first in India to launch an ESG Fund, focusing on Environment, Social, and Governance criteria for sustainable investments in major markets. In 2015, a landmark investment took place as the Employees' Provident Fund of India invested Rs. 5,000 Crore, marking the first instance of such an investment in a Mutual Fund in India through SBIMF Sensex ETFs or Exchange Traded Funds. As of June 2023, SBI Mutual Fund boasts a diverse range of mutual fund schemes across equity, debt, hybrid, and other categories. The fund house manages Assets Under Management (AUM) totaling Rs. 1,261,509.04 crores, as of November 2025.
Learn more about SBI Mutual Fund

Kotak Neo: AMFI-registered Mutual Fund Distributor

FAQ for SBI Nifty 500 Index Fund

To start an SIP in SBI Nifty 500 Index Fund:

1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for SBI Nifty 500 Index Fund.
3. On the SBI Nifty 500 Index Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.

This simplified process helps you start your SIP quickly and efficiently.

To invest in SBI Nifty 500 Index Fund:

1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for SBI Nifty 500 Index Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank's e-banking page.

Your order will be successfully placed upon payment confirmation.

To automate an SIP in SBI Nifty 500 Index Fund, use the Auto-Invest feature on Kotak Neo. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the SBI Nifty 500 Index Fund automatically, ensuring consistent contributions without manual intervention.

To withdraw or redeem your investment in SBI Nifty 500 Index Fund:

1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the SBI Nifty 500 Index Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.

This streamlined process will help you redeem your investment quickly.

NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.

The Net Asset Value of SBI Nifty 500 Index Fund is ₹8.64

AUM means 'asset under management,' which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.

The AUM of SBI Nifty 500 Index Fund is ₹776.68 Cr.

Every mutual fund scheme has a minimum SIP amount, which one may start with.

The minimum SIP amount of SBI Nifty 500 Index Fund is ₹500

As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme's NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.

The Expense Ratio of SBI Nifty 500 Index Fund is 0.79%

It's a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.

The Exit load of SBI Nifty 500 Index Fund is Exit load of 0.25%, if redeemed within 15 days..