SBI Nifty Bank Index Fund
SBI Mutual Fund · Index Fund · Regular plan, growth option
| Period | Scheme | Category median | Sector: Banking & financial services median |
|---|---|---|---|
| 1 month | -5.2% | -6.5% | -5.2% |
| 3 months | -6.2% | -5.3% | -6.2% |
| 6 months | 6.2% | 5.2% | 6.0% |
| Year to date | -8.4% | -7.2% | -8.7% |
| 1 year | -1.6% | -3.6% | -1.9% |
| 3 years (CAGR) | n/a | 9.0% | 8.2% |
| 5 years (CAGR) | n/a | 6.8% | 7.7% |
| 7 years (CAGR) | n/a | 10.9% | 9.1% |
| 10 years (CAGR) | n/a | 10.5% | n/a |
| Since first NAV (CAGR) | 6.3% | – | – |
“Sector: Banking & financial services” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 2.7% | 6.8% |
| 3Y rolling median | n/a | 16.2% |
| 3Y rolling worst | n/a | 8.4% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 12.9% |
| 5Y rolling worst | n/a | 5.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 17.6% |
| Sharpe ratio | n/a | 0.22 |
| Sortino ratio | n/a | 0.31 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.4% | −19.1% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.9% |
| Current drawdown | −11.3% | −11.5% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme 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: higher than 2% of days since 2022 (median 15.2)
- 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: higher than 0% of days since 2022 (median 17.3)
- 1Y −6.9% · 3Y +7.4% 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: higher than 36% of days since 2022 (median 17.1)
- 1Y −1.1% · 3Y +4.9% 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: higher than 15% of days since 2022 (median 8.1)
- 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.
The Regular plan's expense ratio is 0.76% a year and the Direct plan's 0.33%, a gap of 0.43%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹11,13,560.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 29 Sep 2026: TER reduced from 0.77% to 0.76% (AMFI TER disclosure)
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.76% | 1.10% |
| AUM, whole scheme (₹ crore) | 199 | 159 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 0.0% | 0.7% TRI |
Official benchmark: Nifty Bank TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Regular plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -8.4% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,14,892 | -7.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
- What is the latest NAV of SBI Nifty Bank Index Fund?
- The NAV of the Regular plan (growth option) was ₹10.8470 on 1 Oct 2026, as published by AMFI.
- Which category is SBI Nifty Bank Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 276 Index Fund schemes (Regular plans).
- What was the largest fall in SBI Nifty Bank Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 18.4%.
- What is the expense ratio (TER) of SBI Nifty Bank Index Fund?
- The total expense ratio of the Regular plan is 0.76% a year, as disclosed to AMFI (median of Index Fund Regular plans: 1.10%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is SBI Nifty Bank Index Fund?
- Assets under management of the whole scheme were ₹199 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of SBI Nifty Bank Index Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the exit load of SBI Nifty Bank Index Fund?
- As stated in its scheme documents: 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 Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in SBI Nifty Bank Index Fund?
- The minimum application amount is Rs. 5,000 and in multiples of Re.1 thereafter.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.1% and the Regular plan's by -1.6%. The Regular plan includes the services of a distributor.
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