Index Fund: Sector: Banking & financial services
Passively replicates a stated equity index; differences between schemes tracking the same index come mainly from costs and tracking. Shown here: the 23 schemes MFIC groups under “Sector: Banking & financial services” (a grouping from scheme names, not an AMFI category). This page lists every Index Fund scheme in this group (Regular plan, growth option) with its returns, rolling-return consistency and risk, calculated from AMFI NAVs as of 1 Oct 2026.
Schemes in this group aim to track one of the markets below, so its level, valuation and recent path are the main drivers of returns.
- P/E 12.9
- 1Y −1.2% · 3Y +7.5% p.a. · 5Y +8.5% p.a. (index fund NAV, after costs)
- −11.5% from its 52-week high
- P/E 15.1
- 1Y −6.9% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −13.7% from its 52-week high (proxy NAV)
- P/E 16.5
- 1Y −1.1% · 3Y n/a p.a. · 5Y n/a p.a. (index fund NAV, after costs)
- −8.5% from its 52-week high (proxy NAV)
- P/E 7.2
- 1Y +6.1% · 3Y +14.9% p.a. · 5Y +26.6% p.a. (index fund NAV, after costs)
- −19.7% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
| Scheme | NAV (₹) | AUM (₹ cr) | TER | 1Y | 3Y CAGR | 5Y CAGR | 3Y rolling median | 3Y rolling worst | 3Y beat-rate | Std dev | Max DD 5Y | History |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty Bank Index Fund Axis Mutual Fund | 11.04 | 174 | 1.12% | -2.1% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.3 y |
| BANDHAN NIFTY BANK INDEX FUND Bandhan Mutual Fund | 10.53 | 19 | 1.12% | -2.1% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.1 y |
| DSP Nifty Bank Index Fund DSP Mutual Fund | 11.06 | 61 | 0.99% | -1.9% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.3 y |
| DSP Nifty Private Bank Index Fund DSP Mutual Fund | 10.88 | 106 | 1.22% | -1.6% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.6 y |
| Groww Nifty Private Bank Index Fund Groww Mutual Fund | 9.92 | 6 | 1.77% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.3 y |
| Groww Nifty PSU Bank Index Fund Groww Mutual Fund | 9.40 | 5 | 1.83% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.5 y |
| ICICI Prudential Nifty Bank Index Fund ICICI Prudential Mutual Fund | 15.27 | 733 | 0.82% | -1.8% | 6.8% | n/a | 11.4% | 6.4% | n/a | 16.8% | n/a | 4.6 y |
| ICICI Prudential Nifty Private Bank Index Fund ICICI Prudential Mutual Fund | 9.53 | 57 | 1.21% | -1.5% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.2 y |
| Invesco India Nifty Bank Index Fund Invesco Mutual Fund | 10.05 | n/a | 1.27% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.4 y |
| Kotak Nifty Bank Index Fund Kotak Mahindra Mutual Fund | 9.43 | n/a | 4.91% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 0.1 y |
| Kotak Nifty Financial Services Ex-Bank Index Fund Kotak Mahindra Mutual Fund | 14.91 | 97 | 0.83% | -2.5% | 11.6% | n/a | 15.3% | 11.6% | n/a | 18.7% | n/a | 3.1 y |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund Motilal Oswal Mutual Fund | 16.35 | 30 | 1.12% | -5.6% | 10.2% | n/a | 19.8% | 10.2% | n/a | 18.0% | n/a | 4.2 y |
| Motilal Oswal BSE Financials ex Bank 30 Index Fund Motilal Oswal Mutual Fund | 15.89 | 30 | 1.12% | -6.2% | 9.5% | n/a | 18.9% | 9.5% | n/a | 18.0% | n/a | 4.2 y |
| Motilal Oswal Nifty Bank Index Fund Motilal Oswal Mutual Fund | 19.26 | 619 | 1.07% | -2.1% | 6.6% | 7.7% | 11.9% | 6.2% | n/a | 16.8% | −21.1% | 7.1 y |
| Motilal Oswal Nifty Capital Market Index Fund Motilal Oswal Mutual Fund | 11.86 | 663 | 1.21% | 19.3% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.8 y |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund Motilal Oswal Mutual Fund | 13.44 | 118 | 1.29% | 13.2% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.8 y |
| Navi Nifty Bank Index Fund Navi Mutual Fund | 13.89 | 613 | 1.11% | -2.1% | 6.7% | n/a | 11.1% | 6.2% | n/a | 16.8% | n/a | 4.7 y |
| Nippon India Nifty Bank Index Fund Nippon India Mutual Fund | 11.58 | 219 | 0.90% | -1.9% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.6 y |
| SBI BSE PSU BANK INDEX FUND SBI Mutual Fund | 12.71 | 333 | 0.83% | 5.2% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.5 y |
| SBI Nifty Bank Index Fund SBI Mutual Fund | 10.85 | 199 | 0.76% | -1.6% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.6 y |
| Tata Nifty Capital Markets Index Fund Tata Mutual Fund | 13.57 | 964 | 1.22% | 19.2% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 1.9 y |
| Tata Nifty Financial Services Index Fund Tata Mutual Fund | 11.38 | 77 | 1.10% | -7.3% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.4 y |
| UTI Nifty Private Bank Index Fund UTI Mutual Fund | 9.81 | 226 | 1.04% | -1.5% | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 2.0 y |
Returns are from NAVs (after expenses, before tax); 3Y and 5Y are annualised. Rolling figures use every business-day start date in the scheme's history; beat-rate is the share of 3-year windows ahead of a benchmark — not available for this category in MFIC's free data. Std dev is annualised over 36 months. AUM is the whole scheme (all plans) and TER is for the plan shown, both as disclosed to AMFI. "n/a" means the scheme's history is too short or the data is still loading. Listed alphabetically; no order of preference is implied. Full definitions: MFIC methodology.
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