SBI Nifty Bank Index Fund
NAV
₹11.07
as of 6 Oct 2026
SBI Nifty Bank Index Fund is an open-ended Index Funds scheme from SBI Mutual Fund managing ₹210 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹11.07 as of 6 Oct 2026. The expense ratio is 0.36% a year. Managed by Viral Chhadva. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.36% / yr
- as of 31 Aug 2026
- Fund size
- ₹210 crore
- as of 31 Aug 2026
- Exit load
- 0.25%
- SIP available
- Yes
- Launched
- 6 Feb 2025
- ISIN
- INF200KB1563
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: NIFTY Bank
SBI Nifty Bank Index Fund
₹110
+10% on ₹100 over 1.7 yrs
Index Funds average
₹110
+10% on ₹100 over 1.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -5.88% | -5.86% | -0.02 |
| 6 months | -1.29% | -1.27% | -0.02 |
| 1 year | -2.00% | -2.12% | +0.12 |
Category average across 8 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -3.4%
- Median
- 1.8%
- Best
- 25.0%
9 windows over the last 20 months, stepped monthly; 78% ended positive. Worst window began 2 Jun 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-10.6% below peak
Where the money actually is
Equity
99.9%
Cash
0.1%
Whole-portfolio split, as of 31 Aug 2026. The size split below covers only the equity slice of this.
What it owns
16 positions · top 10 = 86.7%
Market-cap mix (equity sleeve)
Large 74.5%Mid 25.4%Other 0.1%
as of 31 Aug 2026
Holdings by sector
Financial Services(10 in top 10)99.9%
- HDFC Bank Ltd17.01%
- ICICI Bank Ltd14.85%
- State Bank of India10.26%
- Kotak Mahindra Bank Ltd9.87%
- Axis Bank Ltd9.19%
- The Federal Bank Ltd7.14%
- IndusInd Bank Ltd5.44%
- AU Small Finance Bank Ltd4.82%
- IDFC First Bank Ltd4.67%
- Bank of Baroda3.47%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 33.6% vs category 33.7% a year.
Money in, money out
- Net flow, 12 months
- +₹78 cr
- Net flow, 3 months
- +₹30 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of SBI Nifty Bank Index Fund?
- ₹11.07 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of SBI Nifty Bank Index Fund?
- 0.36% a year for the Direct plan, as of 31 Aug 2026.
- How large is SBI Nifty Bank Index Fund?
- ₹210 crore under management as of 31 Aug 2026, in the Index Funds category.
- How risky is SBI Nifty Bank Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- Who manages SBI Nifty Bank Index Fund?
- Viral Chhadva, managing this fund for 0.5 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
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- HDFC Nifty 50 Index Fund₹23,784 crore
- SBI NIFTY INDEX FUND₹13,928 crore
- SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund₹7,074 crore
- Tata Nifty200 Alpha 30 Index Fund₹213 crore
- Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund₹211 crore
- DSP Nifty500 Flexicap Quality 30 Index Fund₹203 crore
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund₹200 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Bank) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.