SBI Nifty Next 50 Index Fund - Regular Plan - Growth

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Scheme Details

  • Fund manager(s) – Raviprakash Sharma
  • Launch date – 19-May-2021
  • Expense ratio – 0.83% as declared on 31-Jul-2021 (category average is 0.45%)
  • Benchmark - Nifty 50
  • Min SIP amount - ₹500
  • Min investment amount (one time- first time) - ₹5000
  • Min investment amount (addtional purchase) - ₹1000
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

SBI Nifty Next 50 Index Fund - Regular Plan - Growth charges 0.25% of sell value; if fund sold before 30 days. There are no other charges.

 

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Contact Details

Madhab Digital Seva
MF Investment Group
Kampur Bus Syndicate, Kampur Town, Nagaon Assam, Pin 782426
Tel no.: 9954952328