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Index Fund📊 NIFTY BANK TRI

SBI Nifty Bank Index Fund · Regular · Growth

SBI Mutual Fund

#100 of 243 (1Y)

NAV

₹11.3830

as of 16 Jun 2026

Expense Ratio

0.68%

AUM

₹141 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+2.60%
3Y
5Y
Since Inception
+9.68%

SIP returns (XIRR)

1Y
+2.96%
3Y
5Y
Since Inception
+6.29%

Returns calculated from 20 January 2025 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹8,500

Invested

₹8,529

Value today

0.5%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

5,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹5,000

Invested

₹5,483

Value today

6.9%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,24,851

Value today

-5.0%

vs lumpsum

Direct lumpsum would have beaten STP by 5.0% — but STP reduced timing risk

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

0.29

Sharpe Ratio

Alpha

Beta

0.30

Sortino

15.99%

Std Dev

-18.36%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 30 Apr 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseSBI Mutual Fund
CategoryIndex Fund
BenchmarkNIFTY BANK TRI
Launch Date20 Jan 2025
AMFI Code153253
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹500
Exit Load0.25% if redeemed switched out on or before 15 days from the date of allotment Nil after 15 days from the date of allotment.

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

SBI Nifty Bank Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

SBI Nifty Bank Index Fund · Regular · Growth is a Index Fund mutual fund offered by SBI Mutual Fund. The fund has been operational for over 1 years. It manages assets worth ₹141 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANK TRI. The current expense ratio is 0.68%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations