SBI Nifty Bank Index Fund
NAV
₹11.6
as of 21 Aug 2026
SBI Nifty Bank Index Fund is an open-ended Index Funds scheme from SBI Mutual Fund managing ₹207 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹11.6 as of 21 Aug 2026. The expense ratio is 0.37% a year. Managed by Viral Chhadva. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.37% / yr
- as of 30 Jun 2026
- Fund size
- ₹207 crore
- as of 31 Jul 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 20 Aug 2026Benchmark: NIFTY Bank
SBI Nifty Bank Index Fund
₹115
+15% on ₹100 over 1.5 yrs
Index Funds average
₹115
+15% on ₹100 over 1.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.79% | 6.79% | 0.00 |
| 6 months | -5.56% | -5.68% | +0.12 |
| 1 year | 3.77% | 3.63% | +0.14 |
Category average across 8 funds, as of 21 Aug 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%
7 windows over the last 18 months, stepped monthly; 86% 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
-6.0% below peak
Where the money actually is
Equity
99.7%
Cash
0.3%
Whole-portfolio split, as of 31 Jul 2026. The size split below covers only the equity slice of this.
What it owns
16 positions · top 10 = 86.8%
Market-cap mix (equity sleeve)
Large 74.3%Mid 25.5%Other 0.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)99.7%
- HDFC Bank Ltd18.15%
- ICICI Bank Ltd14.82%
- State Bank of India10.06%
- Kotak Mahindra Bank Ltd9.29%
- Axis Bank Ltd8.79%
- The Federal Bank Ltd7.27%
- IndusInd Bank Ltd5.48%
- AU Small Finance Bank Ltd4.70%
- IDFC First Bank Ltd4.66%
- Bank of Baroda3.57%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 4.7% vs category 35.3% a year.
Money in, money out
- Net flow, 12 months
- +₹80 cr
- Net flow, 3 months
- +₹37 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of SBI Nifty Bank Index Fund?
- ₹11.6 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of SBI Nifty Bank Index Fund?
- 0.37% a year for the Direct plan, as of 30 Jun 2026.
- How large is SBI Nifty Bank Index Fund?
- ₹207 crore under management as of 31 Jul 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 0.4 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
- UTI Nifty 50 Index Fund₹29,603 crore
- HDFC Nifty 50 Index Fund₹24,190 crore
- SBI NIFTY INDEX FUND₹14,114 crore
- SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund₹7,779 crore
- Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund₹209 crore
- Tata Nifty MidSmall Healthcare Index Fund₹207 crore
- ICICI Prudential Nifty200 Value 30 Index Fund₹199 crore
- UTI BSE Sensex Index Fund₹198 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.