• Mutual Funds
  • SBI Mutual Fund
  • SBI Nifty Index Fund (PIDCW-A)

Formerly SBI Nifty Index Div

SBI Mutual Fund

SBI Nifty Index Fund (PIDCW-A)

EquityLarge Cap


NAV (Oct 03)

5 Year CAGR
Scripbox Opinion
Click here for top ranked funds in large cap mutual funds.

Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size


The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund
Scripbox Recommended Large Cap Funds
Want the large cap equity funds that are right for your long term equity investment needs?Learn more

Investment Calculator

Investment Duration5 years


Total Investment


Wealth Gained


Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV


NAV (Oct 3)

Fund Returns

Last 1Y
Last 3Y
Last 5Y
Last 10Y
Since Inception
6 Month CAGR

Scheme Information

Investment Objective

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 IDCW payments by the constituent stocks.

Expense Ratio
Launched (19y ago)
Mar 15, 2004
AUM in Crores
No Lock-in
IISL Nifty 50 TR INR
SIP Minimum
Lumpsum Min.
Standard Deviation (3yr)
Standard Deviation (5yr)
Beta (3yr)
Beta (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
Fund Managers

Raviprakash Sharma

Fund Manager

Mohit Jain

Fund Manager

Returns Calculator Comparison



with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Nifty Index Fund (PIDCW-A)70%10,07,720 2,75,10812.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-10-03

Top Stock Holdings

See all holdings

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP Tax Saver Fund (G)
DSP Tax Saver Fund (G)

₹ 11,862 cr

₹ 11,197 cr

₹ 17,630 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 568,021 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 73 equity,205 debt and 34 hybrid funds.amc-img
Fund NameScripbox Opinion
Till Date CAGR











SBI Nifty Index Fund (PIDCW-A) Review

SBI Nifty Index Fund (PIDCW-A) is a Large Cap Equity fund and has delivered an annualised return of 13% over a period of 19 years. The fund was previously known as SBI Nifty Index Div. The fund is managed by SBI Funds Management Ltd. The fund managers are Mohit Jain, Raviprakash Sharma.

Nav of SBI Nifty Index Fund (PIDCW-A) as of 10/3/2023 is ₹87.40 with the total AUM as of 10/4/2023 is ₹4862.688. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Nifty Index Fund (PIDCW-A) was launched on Mar 15, 2004. The category risk of the fund is Very High Risk.

The minimum SIP amount for SBI Nifty Index Fund (PIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

SBI Nifty Index Fund (PIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 50 TR INR.

SBI Nifty Index Fund (PIDCW-A) is rated as a 3 fund in Equity and delivered 17.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Nifty Index Fund (PIDCW-A).

Frequently Asked Questions

What is SBI Nifty Index Fund (PIDCW-A)?

SBI Nifty Index Fund (PIDCW-A) is a Large Cap Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in SBI Nifty Index Fund (PIDCW-A)?

You can invest in SBI Nifty Index Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of SBI Nifty Index Fund (PIDCW-A)?

The minimum sip amount for SBI Nifty Index Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Nifty Index Fund (PIDCW-A) good to invest in?

As per Scripbox experts, SBI Nifty Index Fund (PIDCW-A) is a Neutral fund. You can investSBI Nifty Index Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the SBI Nifty Index Fund (PIDCW-A)?

The expense ratio of the SBI Nifty Index Fund (PIDCW-A) is 0.5% for regular plan.