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OmniAsset › Mutual funds › SBI Nifty Bank Index Fund

SBI Nifty Bank Index Fund

Index Fund fund benchmarked to Nifty Bank Index TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202611.4808
CategoryIndex Fund
PlanDirect · Idcw
Launched20 Jan 2025
Risk labelthe scheme's own riskometerVERY HIGH
Legal benchmarkSEBI Tier-1Nifty Bank Index TRI
Expense ratiodirect plan, a year0.33%
AUM₹0.67 Cr
Growth of ₹10,000₹11,68812 Feb 2025 to 2 Sep 2026
₹12,448₹11,767₹11,086₹10,405₹9,724Feb 2025Jun 2025Nov 2025Apr 2026Sep 2026
₹11,688 (+10.6% a year) SBI Nifty Bank Index Fund

Performance (trailing, annualised)

1Y annualised7.07%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,21,6212.50%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Rolling returns

Rolling 1Y · average29 windows since 13 Feb 20266.08%
Rolling 1Y · median3.66%
Rolling 1Y · worst window-3.79%
Rolling 1Y · best window24.85%
Rolling 1Y · windows positive90%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)15.58%
Downside deviation (3Y)10.60%
Maximum drawdown-18.31%

Management

Fund managerMr. Viral Chhadva
Managing since1 Mar 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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