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SBI Nifty Bank Index Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

Showing Funds Performance since Sep 07, 2020

SBI Nifty Bank Index Fund Growth Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹197 Cr

Lock In Period

N/A

Expense Ratio

0.83

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

SBI Nifty Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M2.56-0.1921.76
6M-2.231.7129.93
1Y2.594.2095.20
3Y0.0011.97188.32

Portfolio Analysis

  • Equity: 99.82%
  • Debt: 0.18%
  • Others
As on: 2026-05-31
View allocation % by

1. HDFC Bank Ltd.17.90%
2. ICICI Bank Ltd.13.60%
3. Axis Bank Ltd.10.26%
4. Kotak Mahindra Bank Ltd.9.79%
5. The Federal Bank Ltd.6.37%
6. IndusInd Bank Ltd.5.39%
7. AU Small Finance Bank Ltd.4.86%
8. IDFC First Bank Ltd.4.26%
9. Yes Bank Ltd.3.67%

1. State Bank of India9.05%
2. Bank of Baroda4.46%
3. Canara Bank3.98%
4. Punjab National Bank3.30%
5. Union Bank of India2.93%

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 ₹197 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.83. 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
Motilal Oswal Nifty Midcap150 Momentum 50 ETF Growth046.54 CR0.53
DSP Nifty Smallcap250 Quality 50 Index Fund Growth0311.12 CR1.05
SBI Nifty Bank Index Fund Growth0196.88 CR0.83
Aditya Birla Sun Life Silver ETF Growth02796.88 CR0.35
ICICI Prudential Silver ETF Growth013863.65 CR0.4
Fund Name1Y3Y
This FundMotilal Oswal Nifty Midcap150 Momentum 50 ETF Growth1.27550
This FundDSP Nifty Smallcap250 Quality 50 Index Fund Growth-9.04480
This FundSBI Nifty Bank Index Fund Growth2.58920
This FundAditya Birla Sun Life Silver ETF Growth95.0697188.0912
This FundICICI Prudential Silver ETF Growth95.1992188.3213

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 0.83. 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 : 2.56%
  • 6 Months : -2.23%
  • 1 Year : 2.59%
  • 3 Years : 0.00%
Returns of SBI Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 11.4444 as on Jul 14,2026. 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 ₹197 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.