Last Updated:
SBI Mutual Fund launched the SBI Nifty200 Quality 30 Index Fund, an open-ended scheme tracking the Nifty200 Quality 30 Index. The NFO runs from May 16 to 29, 2025.
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.
SBI Mutual Fund announced the launch of the SBI Nifty200 Quality 30 Index Fund, an open-ended scheme replicating/tracking the Nifty200 Quality 30 Index. The New Fund Offer (NFO) period for the scheme is from May 16 to 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. However, there is no guarantee or assurance that the investment objective will be achieved.
Management Insights Mr. Nand Kishore, MD & CEO of SBI Funds Management Limited, stated, “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.”
The scheme will 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 funds. The minimum application amount during the NFO is 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 made through daily, weekly, monthly, quarterly, semi-annual, and annual SIP (Systematic Investment Plan). For more information, please refer to the Scheme Information Document.
Fund Management The fund manager for the SBI Nifty200 Quality 30 Index Fund is Mr. 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, the SBI Nifty50 Equal Weight Index Fund, and the SBI Nifty 500 Index Fund.
Nifty200 Quality 30 Index The Nifty200 Quality 30 index includes the 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 earnings (EPS) growth variability analyzed during the previous 5 years. The weights of the stocks are derived from their Quality scores and the square root of free float market cap. The stock weight is capped at 5%.
- First Published: