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Mutual Funds

SBI Nifty Bank Index Fund

SB

SBI Nifty Bank Index Fund

Sectoral-BankingRank #55
Not Rated

NAV (2026-07-14)

11.44

AUM

₹196.88 Cr

Exp. Ratio: 0.83%

RISK LEVEL

Very High

Returns & Performance

1 Year1.40%3.00% vs cat avgRank #43
3 Year----
5 Year----
Since Launch9.87%--

Fund vs Category Average

1Y
1.40%-3.00%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
1Y category rank outside top 15 (#43)
Overall rank #55 in category
ISININF200KB1530
NAV₹11.44
NAV Date2026-07-14
AUM₹196.88 Cr
Expense Ratio0.83%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1987-06-29

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

Exit Load0.25%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Viral Chhadva

Mr. Chhadva has done MFM (Finance) and CFA

Prior to joining SBI Mutual Fund, he has worked with India Infoline Ltd. and ICICI Securities

Top Holdings

Holdings data not available for this scheme