SBI Nifty India Consumption Index Fund would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty India Consumption Index and up to 5% in Government securities (like G-Secs,

SBI Mutual Fund, India’s largest fund house, on Tuesday launched the SBI Nifty India Consumption Index Fund, an open-ended thematic scheme replicating/ tracking Nifty India Consumption Index. The New Fund Offer (NFO) period for the scheme is October 16 – 25, 2024.

SBI Nifty India Consumption Index Fund is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector such as consumer non-durables,

SBI Mutual Fund launches the SBI Nifty India Consumption Index Fund. The NFO opens on October 16 and closes on October 25. Minimum investment is Rs 5,000. The fund focuses on India's growing consumption market and is managed by Harsh Sethi.

SBI Mutual Fund, India’s largest asset management company (AMC), has announced the launch of its latest offering—the SBI Nifty India Consumption Index Fund. This open-ended scheme will replicate or track the Nifty India Consumption Index.