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SBI Nifty 500 Index Fund(G)-Direct Plan
Univest 11 hrs ago·19 Sept 2026, 7:53 am
SBI Mutual Fund has launched a new direct plan for its Nifty 500 Index Fund. This fund aims to replicate the performance of the Nifty 500 Index, which includes the top 500 companies listed on the National Stock Exchange. By investing in this fund, you are essentially buying a basket of the country's largest and most liquid stocks, covering a wide range of sectors.
This launch is significant for investors who want broad market exposure without the effort of picking individual stocks. The direct plan structure eliminates intermediary charges, potentially offering better returns over the long term compared to regular plans. It serves as a simple, cost-effective way to participate in the growth of India's leading businesses.
Investors should watch the fund's expense ratio and its performance relative to the actual Nifty 500 index. Since index funds aim to match market returns, tracking accuracy is key. This new option provides a convenient tool for long-term wealth creation for those seeking diversification.
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