SBI MF’s NIFTY100 Low Volatility 30 Index Fund
SBI Mutual Fund launches the NIFTY100 Low Volatility 30 Index Fund, offering investors low-risk equity exposure by tracking 30 least-volatile stocks from the NIFTY 100. Ideal for conservative investors seeking stable returns with market-linked growth.
SBI MF’s NIFTY100 Low Volatility 30 Index Fund
Mumbai, Jul 07
SBI Mutual Fund, India’s largest fund house announces the launch of SBI Nifty100 Low Volatility 30 Index Fund, an open-ended scheme replicating/ tracking Nifty100 Low Volatility 30 Index. The New Fund Offer (NFO) period for the scheme is July 8 – July 22, 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.
Nand Kishore, MD & CEO, SBI Funds Management Limited, said: "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.”
D P Singh, Deputy MD & Joint CEO, SBI Funds Management Limited, said: "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 a relatively calmer path to long-term wealth creation."
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. The minimum application amount during the NFO is Rs. 5,000 and in multiples of Re. 1 thereafter. Additional purchases can 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.
The fund manager is Viral Chhadva, who has been associated with the fund house since December 2020 and currently manages several passive funds at SBI Mutual Fund.
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