Listen to this article
SBI Mutual Fund has launched an index fund following the quality factor - SBI Nifty 200 Quality 30 Index Fund. The fund will track performance of the Nifty 200 Quality 30 Index.
The Nifty 200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their ‘quality’ scores. This is determined through return on equity (ROE), debt/equity ratio and earnings growth over the previous 5 years.
In a press release, Nand Kishore, MD & CEO, SBI Funds Management, said “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.”
D P Singh, Deputy MD and Joint CEO, SBI Funds Management, said: “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.”
To explore the ever-evolving world of Passives, join us on May 23 at Cafemutual Passives Conference at Taj Santacruz, Mumbai.
To know more about Cafemutual Passives Conference 2025, click here!