SBI Nifty Bank Index Fund

Q: How much does this mutual fund charge as expense ratio?

The SBI Nifty Bank Index Fund has an expense ratio of 0.68% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹11.6448-1.67% 1 day change	19.07% p.a.	App exclusive #NA View Ranked Funds	₹142 Cr

Historical NAV & returns

NAV: ₹11.6448 as on Feb 02, 2026

This fund Category average

SBI Nifty Bank Index Fund overview

AUM (Fund size)	₹142 Cr
Exit load	0.25% Exit load of 0.25%, if redeemed within 15 days.!
Lock-in Period	Nil
Age	1 yrs since Jan 20, 2025
Benchmark	NIFTY Bank TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.68% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

SBI Nifty Bank Index Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.44%	-6.01%
3 Months	0.7%	-6.06%
6 Months	5.25%	-2.85%

Asset allocationas on Dec 31, 2025

Large Cap 83.97%

Mid Cap 16.06%

Small Cap 0%

Other Cap 0%

Top holdings

HDFC Bank Ltd.25.16%

ICICI Bank Ltd.20.18%

State Bank of India9.63%

Axis Bank Ltd.9.29%

Top sectors

Financial 100.02999999999997%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 0.24%

Other Holdings

Others 0.24%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Nifty Bank Index Fund	-2.44%	5.25%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-0.53%	10.18%	17.32%	26.89%	27.03%	13.4%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	-2.8%	3.04%	5.73%	19.38%	13.03%	7.32%
Motilal Oswal Nifty Bank Index Fund	-2.46%	5.09%	18.87%	12.03%	10.7%	7.42%
ICICI Prudential Nifty Auto Index Fund	-7.47%	11.95%	14.52%	25.56%	15.92%	7.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Nifty Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	16.57	1.13	1.21	1.89
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	12.34	0.68	0.99	1.83
Motilal Oswal Nifty Bank Index Fund	12.12	1.0	0.6	1.18
ICICI Prudential Nifty Auto Index Fund	17.4	0.99	1.06	1.26

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Nifty Bank Index Fund	N.A.	142 Cr	1 yrs	0.68%
ICICI Prudential BHARAT 22 FOF	N.A.	2,500 Cr	7 yrs 7 m	0.13%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	N.A.	171 Cr	5 yrs 3 m	1.06%
Motilal Oswal Nifty Bank Index Fund	N.A.	667 Cr	6 yrs 5 m	0.99%
ICICI Prudential Nifty Auto Index Fund	N.A.	194 Cr	3 yrs 4 m	0.94%

View all Other Equity Index funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare SBI Nifty Bank Index Fund in detail with

About this fund

About SBI Nifty Bank Index Fund

SBI Nifty Bank Index Fund is a Other Equity Index mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 1 yrs, having been launched on 20/01/2025. SBI Nifty Bank Index Fund has ₹142 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Nifty Bank Index Fund as of 02/02/2026 is ₹11.64. The fund has an expense ratio of 0.68%, which is higher than what most other Other Equity Index funds charge.

The fund has the majority of its money invested in Financial sectors. It has taken less exposure in Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, Axis Bank Ltd., Kotak Mahindra Bank Ltd..

...

Fund AUM	142 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Harsh Sethi

Mr. Sethi is a B. Com (Hons.), CA, CS Prior to joining SBI Mutual Fund, he has worked with J. P. Mangal & Co. as Senior Assistant. Harsh Sethi is the Equity Dealer since February 2017.

Investment objective

The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,63,745 Cr as on Dec 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI PSU Fund	N.A.	5,817 Cr	19.87%	28.21%
SBI Contra Fund	N.A.	49,967 Cr	6.55%	21.15%
SBI Infrastructure Fund	N.A.	4,727 Cr	0.85%	20.47%
SBI ELSS Tax Saver Fund	N.A.	32,609 Cr	7.03%	19.07%
SBI Midcap Fund	N.A.	23,315 Cr	0.15%	17.86%
SBI Large & Midcap Fund	N.A.	37,443 Cr	11.94%	17.63%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of SBI Nifty Bank Index Fund?

The current Net Asset Value (NAV) of the SBI Nifty Bank Index Fund plan is approximately ₹11.6448 as of Feb 02, 2026.

How much does this mutual fund charge as expense ratio?

The SBI Nifty Bank Index Fund has an expense ratio of 0.68%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The SBI Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately 142 Cr as on Dec 31, 2025.

What are the top stock holdings of SBI Nifty Bank Index Fund?

The SBI Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	25.16%
ICICI Bank Ltd.	20.18%
State Bank of India	9.63%
Axis Bank Ltd.	9.29%
Kotak Mahindra Bank Ltd.	9.23%
The Federal Bank Ltd.	4.31%
Indusind Bank Ltd.	3.69%
AU Small Finance Bank Ltd.	3.6%
IDFC First Bank Ltd.	3.59%
Bank Of Baroda	3.49%

What are the top sectors SBI Nifty Bank Index Fund has invested in?

The SBI Nifty Bank Index Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	100.02999999999997%

What is risk level of SBI Nifty Bank Index Fund?

This is a Other Equity Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in SBI Nifty Bank Index Fund?

Redeeming your investments in the SBI Nifty Bank Index Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.