SBI Nifty Bank Index Fund · Regular · Growth
NAV
₹10.8835
as of 30 Sept 2026
Expense Ratio
0.77%
AUM
₹169 Cr
Lumpsum returns (CAGR)
- 1Y
- +0.03%
- 3Y
- —
- 5Y
- —
- Since Inception
- +5.28%
SIP returns (XIRR)
- 1Y
- -6.06%
- 3Y
- —
- 5Y
- —
- Since Inception
- -0.78%
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 —.
We don't show backtest scenarios for this fund yet — its NAV history has an unresolved discontinuity we're still verifying. Returns above are unaffected.
Risk Metrics
Trailing 1 year, annualised-0.40
Sharpe Ratio
—
Alpha
—
Beta
-0.40
Sortino
15.19%
Std Dev
-18.36%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Banks99.91%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
What this fund does
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 ₹169 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANK TRI. The current expense ratio is 0.77%.
Who Should Invest?
- •Cost-conscious investors who prefer passive investing with low expense ratios