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SBI Nifty100 Low Volatility 30 Index Fund NFO: SBI Mutual Fund, the country’s largest fund house, on Monday (July 7) announced the launch of its SBI Nifty100 Low Volatility 30 Index Fund, an open-ended scheme designed to replicate and track the performance of the Nifty100 Low Volatility 30 Index.

The new fund offer (NFO) opens for subscription on Tuesday, July 8, 2025, and will remain open until Tuesday, July 22, 2025.

According to SBI Mutual Fund, the scheme aims to provide returns that closely correspond to the total returns of the securities represented by the Nifty100 Low Volatility 30 Index, subject to tracking error.

However, the fund house has clarified that there is no guarantee or assurance that the investment objective will be achieved.

Nand Kishore, MD & CEO of SBI Funds Management, said that the index offers exposure to 30 of the least volatile companies within the Nifty100 universe.

“It has shown a track record of delivering stable returns with lower risk than its parent index over long-term horizons,” he added. He said that this strategy can benefit investors seeking a resilient, lower-risk pathway to long-term wealth creation.

DP Singh, Deputy MD & Joint CEO at SBI Funds Management highlighted the benefits of low-volatility investing. He noted that such strategies help cushion portfolios during market downturns.

“The SBI Nifty100 Low Volatility 30 Fund complements traditional investments and offers a relatively calmer ride toward long-term goals,” he said.

The scheme will invest 95 per cent to 100 per cent of its assets in stocks comprising the Nifty100 Low Volatility 30 Index. The remaining up to 5 per cent may be allocated to government securities, including G-Secs, SDLs, treasury bills, triparty repos, or units of liquid mutual funds.

SBI MF has fixed the minimum initial investment at Rs 5,000, with additional purchases allowed in multiples of Re 1. Subsequent investments can be made starting from Rs 1,000 and in multiples of Re 1 thereafter.

Know here how it works:

Investors can opt for Systematic Investment Plans (SIPs) with flexible frequencies—daily, weekly, monthly, quarterly, semi-annually, or annually.

The fund will be managed by Viral Chhadva, who has been with SBI Mutual Fund since December 2020. Chhadva currently manages a suite of passive offerings, including the SBI Nifty50 Equal Weight ETF, SBI Nifty500 Index Fund, and more.

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