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SBI Nifty Bank Index Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

SBI Nifty Bank Index Fund Growth Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹162 Cr

Lock In Period

N/A

Expense Ratio

0.74

Exit Load

For exit on or before 15 days from the date of allotment - 0.25%For exit after 15 days from the date of allotment - Nil

Benchmark

Nifty Bank Total Return

Summary

SBI Nifty Bank Index Fund Growth NAV is ₹10.6801 as of 16 May, 2026. SBI Nifty Bank Index Fund Growth has delivered 0.00% returns since its launch. The minimum SIP investment amount in SBI Nifty Bank Index Fund Growth is ₹0. The AUM of SBI Nifty Bank Index Fund Growth is ₹162 Cr. The expense ratio of the fund is 0.74%, and its benchmark is Nifty Bank Total Return. The current exit load of the fund is For exit on or before 15 days from the date of allotment - 0.25%For exit after 15 days from the date of allotment - Nil. In the last 1M months, SBI Nifty Bank Index Fund Growth has delivered -2.71% returns.

SBI Nifty Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-2.710.1521.06
6M-7.721.1478.96
1Y-1.034.29192.86
3Y0.0012.01285.18

Portfolio Analysis

  • Equity: 88.71%
  • Debt: 11.29%
  • Others
As on: 2026-03-31
View allocation % by

1. HDFC Bank Ltd.16.86%
2. ICICI Bank Ltd.12.52%
3. Axis Bank Ltd.8.88%
4. Kotak Mahindra Bank Ltd.8.63%
5. The Federal Bank Ltd.5.48%
6. IndusInd Bank Ltd.4.26%
7. AU Small Finance Bank Ltd.3.99%
8. IDFC First Bank Ltd.3.37%
9. Yes Bank Ltd.2.62%

1. State Bank of India8.82%
2. Bank of Baroda3.94%
3. Canara Bank3.60%
4. Punjab National Bank3.00%
5. Union Bank of India2.74%

About Fund SBI Nifty Bank Index Fund Growth

SBI Nifty Bank Index Fund Growth managed by SBI Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹162 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.74. Under the expert guidance of Viral Chhadva ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Viral Chhadva

Mr. Viral Chhadva holds CFA Charter Holder from CFA Institute, USA, Master’s in Financial Management (MFM) from Jamnalal Bajaj Institute of Management Studies (JBIMS). Prior to joining SBIFML, he was previously associated with IIFL Securities Limited (June 2008 till December 2020) and ICICI Securities Limited (June 2006 till June 2008) wherein he primarily handled execution of trades into Direct Market Access, Exchange Traded Funds and Derivatives.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
UTI Nifty200 Quality 30 Index Fund Growth0575.15 CR1.02
Axis Nifty India Defence Index Fund Growth0221.98 CR
SBI Nifty Bank Index Fund Growth0162.13 CR0.74
DSP Silver ETF Growth01710.79 CR
ICICI Prudential Silver ETF Growth014714.8 CR0.4
Fund Name1Y3Y
This FundUTI Nifty200 Quality 30 Index Fund Growth-0.5870
This FundAxis Nifty India Defence Index Fund Growth00
This FundSBI Nifty Bank Index Fund Growth-1.03240
This FundDSP Silver ETF Growth192.6736284.0244
This FundICICI Prudential Silver ETF Growth192.8609285.1848

SBI Nifty Bank Index Fund Growth FAQs

SBI Nifty Bank Index Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of SBI Nifty Bank Index Fund Growth is 0.74. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

SBI Nifty Bank Index Fund Growth’s fund performance is as follows:
  • 1 Month : -2.71%
  • 6 Months : -7.72%
  • 1 Year : -1.03%
  • 3 Years : 0.00%
Returns of SBI Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 10.6801 as on May 15,2026. Since inception, the return has been 0.00%.

You can invest in SBI Nifty Bank Index Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of SBI Nifty Bank Index Fund Growth is ₹162 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in SBI Nifty Bank Index Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.