Latest news with #ViralChhadva
Time of India
07-07-2025
- Business
- Time of India
NFO Alert: SBI Mutual Fund launches NIFTY100 Low Volatility 30 Index Fund
SBI Mutual Fund has announced the launch of SBI Nifty100 Low Volatility 30 Index Fund , an open-ended scheme tracking the Nifty100 Low Volatility 30 Index. The new fund offer or NFO of the fund will open for subscription on July 8 and will close on July 22. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like "척추관협착증 통증 때문에 걷기 힘들다면?"..."비수술치료"로 통증 개선 됩니다! ort02a_강남정형외과병원 지금 예약 Undo The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "The NIFTY100 Low Volatility 30 Index provides exposure to 30 of the least volatile companies within the NIFTY100 universe. It has a track record of delivering returns with lower risk than its parent index, the NIFTY100, over longer time horizons. The SBI NIFTY100 Low Volatility 30 Fund provides access to a proven passive strategy, ideal for investors seeking resilience in their portfolio and a relatively smoother path to long-term wealth creation ,' said Nand Kishore, MD & CEO, SBI Funds Management Limited. Live Events The fund will be benchmarked against the Nifty100 Low Volatility 30 Index and will be managed by Viral Chhadva. "Low-volatility investing is based on the principle that such stocks tend to cushion the impact of sudden market downturns. The NIFTY100 Low Volatility 30 Index is a focused equity index that tracks 30 of the least volatile companies within the NIFTY100 universe. The SBI NIFTY100 Low Volatility 30 Fund provides investors access to a passive investment strategy that complements traditional approaches, providing prudent investors with a relatively calmer path to long-term wealth creation," said D P Singh, Deputy MD and Joint CEO, SBI Funds Management. The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty100 Low Volatility 30 Index and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund, according to a release by the fund house. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25 The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. Additional purchases can be made for a minimum of Rs 1,000 and in multiples of Re 1 thereafter. Investments can be made through SIPs (Systematic Investment Plans) on a daily, weekly, monthly, quarterly, semi-annual, or annual basis. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
07-07-2025
- Business
- Economic Times
NFO Alert: SBI Mutual Fund launches NIFTY100 Low Volatility 30 Index Fund
The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. SBI Mutual Fund has announced the launch of SBI Nifty100 Low Volatility 30 Index Fund, an open-ended scheme tracking the Nifty100 Low Volatility 30 Index. The new fund offer or NFO of the fund will open for subscription on July 8 and will close on July 22. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. "The NIFTY100 Low Volatility 30 Index provides exposure to 30 of the least volatile companies within the NIFTY100 universe. It has a track record of delivering returns with lower risk than its parent index, the NIFTY100, over longer time horizons. The SBI NIFTY100 Low Volatility 30 Fund provides access to a proven passive strategy, ideal for investors seeking resilience in their portfolio and a relatively smoother path to long-term wealth creation,' said Nand Kishore, MD & CEO, SBI Funds Management Limited. The fund will be benchmarked against the Nifty100 Low Volatility 30 Index and will be managed by Viral Chhadva. "Low-volatility investing is based on the principle that such stocks tend to cushion the impact of sudden market downturns. The NIFTY100 Low Volatility 30 Index is a focused equity index that tracks 30 of the least volatile companies within the NIFTY100 universe. The SBI NIFTY100 Low Volatility 30 Fund provides investors access to a passive investment strategy that complements traditional approaches, providing prudent investors with a relatively calmer path to long-term wealth creation," said D P Singh, Deputy MD and Joint CEO, SBI Funds Management. The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty100 Low Volatility 30 Index and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund, according to a release by the fund house. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25 The minimum application amount during the NFO is Rs 5,000 and in multiples of Re 1 thereafter. Additional purchases can be made for a minimum of Rs 1,000 and in multiples of Re 1 thereafter. Investments can be made through SIPs (Systematic Investment Plans) on a daily, weekly, monthly, quarterly, semi-annual, or annual basis. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
15-05-2025
- Business
- Business Standard
SBI's new Index Fund targets Top 30 quality stocks - How you can invest
SBI Mutual Fund, India's largest fund house, on Thursday launched the SBI Nifty200 Quality 30 Index Fund, an open-ended scheme replicating/ tracking Nifty200 Quality 30 Index. The New Fund Offer (NFO) period for the scheme is May 16 – 29, 2025. The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The Nifty200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their 'quality' scores. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years. The weights of the stocks are derived from their Quality scores and square root of free float market cap. The stock weight is capped at 5% The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty200 Quality 30 and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund. The minimum application amount during the NFO is of Rs. 5,000 and in multiples of Re. 1 thereafter with additional purchases of Rs. 1,000 and in multiples of Re. 1 thereafter. Investments can also be done through daily, weekly, monthly, quarterly, semi-annual, and annual SIP (Systematic Investment Plan). The Nifty200 Quality 30 Index is designed to track the performance of the top 30 companies within the Nifty200 index, selected based on stringent quality metrics such as financial health, profitability, and sustainable growth. "I believe the SBI Nifty200 Quality 30 Index Fund can be a valuable addition for investors, enabling them to invest in quality companies passively for long-term wealth creation," said Nand Kishore, MD & CEO, SBI Funds Management Limited. The fund manager for the SBI Nifty200 Quality 30 Index Fund is Viral Chhadva, who has been associated with the fund house since December 2020. He currently manages passive offerings such as the SBI Nifty50 Equal Weight ETF (an open-ended Exchange Traded Fund replicating/tracking the Nifty 50 Equal Weight Index), the SBI Nifty50 Equal Weight Index Fund (an open-ended scheme replicating/tracking the Nifty 50 Equal Weight Index), and the SBI Nifty 500 Index Fund (an open-ended scheme replicating/tracking the Nifty 500 Index). 'The Nifty200 Quality 30 Index represents a focused selection of high-quality companies from the broader Nifty200 universe, chosen through rigorous metrics such as financial strength, consistent profitability, and long-term growth potential. With the launch of the SBI Nifty200 Quality 30 Index Fund, we aim to offer investors a smart, relatively low-cost solution to gain exposure to quality businesses and build long-term wealth through a passive approach," said D P Singh, Deputy MD & Joint CEO, SBI Funds Management Limited. What Does This Fund Offer? Index-based passive investing: The fund passively mirrors the Nifty200 Quality 30 Index, allowing investors to benefit from the performance of these top-tier companies without trying to beat the market. Low minimum investment: You can start with just ₹5,000 during the New Fund Offer (NFO) period, which runs from May 16 to May 29, 2025. Flexibility: Investors can set up SIPs (Systematic Investment Plans) daily, weekly, monthly, or even annually. No long-term exit load: Withdraw within 15 days and pay a 0.25% exit load. Exit after that, and it's free.
