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Return

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

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹140 Cr

Lock In Period

N/A

Expense Ratio

0.68

Benchmark

Nifty Bank Total Return

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

Summary

Latest details for SBI Nifty Bank Index Fund Growth include a ₹11.1394 NAV as of Apr 24,2026 and returns since inception of --%. Minimum investments start at SIP ₹500. The SBI Nifty Bank Index Fund Growth AUM is ₹140 Cr, with a lock-in of N/A years, expense ratio of 0.68%, and benchmark Nifty Bank Total Return. Exit load 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 growth review for 1M Month/Year, the fund recorded 9.53% returns, against a category average of 0.58% and a category best of 22.18%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M9.530.5822.18
6M-3.280.5260.63
1Y1.893.44144.89
3Y0.0011.27211.53

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 managed by SBI Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹140 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.68. 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
This FundNavi BSE Sensex Index Fund Growth018.13 CR0.9
This FundSBI BSE PSU Bank Index Fund Growth0259.45 CR0.72
This FundSBI Nifty Bank Index Fund Growth0139.69 CR0.68
This FundKotak Silver ETF Growth03319.12 CR0.35
This FundICICI Prudential Silver ETF Growth014511.43 CR0.4
Fund Name1Y3Y
This FundNavi BSE Sensex Index Fund Growth-2.75880
This FundSBI BSE PSU Bank Index Fund Growth30.30530
This FundSBI Nifty Bank Index Fund Growth1.88880
This FundKotak Silver ETF Growth144.2775210.7028
This FundICICI Prudential Silver ETF Growth144.8727211.5326

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 0.68. 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 : 9.53%
  • 6 Months : -3.28%
  • 1 Year : 1.89%
  • 3 Years : 0.00%
Returns of SBI Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 11.1394 as on Apr 24,2026. 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 ₹140 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.
Min Inv Amount: ₹500