SBI Nifty Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹222.85+0.05%1 day
- Return since launch
- 13.5%
- 52-week range
- ₹197.54 — ₹232.88
- AUM
- ₹13,587 Cr
SBI Nifty Index Fund is a Large Cap Index equity fund from SBI Mutual Fund with ₹13,587 Cr under management, launched in 2001. Over three years it has returned 4.3% a year, against 11.6% for its category. The expense ratio is 0.44% and the SEBI riskometer reading is Very High.
Performance
SBI Nifty Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.0% against -2.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.9% | +5.7 pts | 0.2% | 5.0% |
| 2Y | 3.7% | −0.5 pts | 4.1% | 3.1% |
| 3Y | 4.3% | −7.3 pts | 11.6% | 3.9% |
| 5Y | 7.8% | −1.0 pts | 8.8% | 7.5% |
| 7Y | 10.5% | −0.3 pts | 10.8% | 10.2% |
| 10Y | 11.1% | −0.8 pts | 11.9% | 10.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 12.0% | +2.0 pts | 10.0% | 10.9% |
| 3M | 1.9% | +2.0 pts | -0.1% | 1.0% |
| 6M | 5.8% | +1.4 pts | 4.4% | 5.2% |
| 1Y | -1.6% | −1.7 pts | 0.2% | -2.1% |
| 2Y | 2.5% | +0.6 pts | 1.9% | 2.0% |
| 3Y | 9.5% | −2.1 pts | 11.6% | 9.5% |
| 5Y | 7.5% | −1.3 pts | 8.8% | 7.2% |
| 7Y | 11.7% | +1.4 pts | 10.3% | 11.2% |
| 10Y | 11.9% | 0.0 pts | 11.9% | 11.6% |
Since launch (18 Dec 2001): 13.5%
Calendar-year returns
Category average14.6%
24.7%
5.1%
20.6%
9.5%
11.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 11.3% | +2.7 pts | 8.6% |
| 2024 | 9.5% | −4.9 pts | 14.4% |
| 2023 | 20.6% | −4.2 pts | 24.8% |
| 2022 | 5.1% | +1.0 pts | 4.1% |
| 2021 | 24.7% | −2.2 pts | 26.9% |
| 2020 | 14.6% | −1.8 pts | 16.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.43%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.33%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.10%
- Exit load
- Exit load of 0.20% if redeemed within 15 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty 50 Total Return
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -1.60 | 5.71 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.17 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.22 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.02 | 20.40 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI Nifty Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.2%
Market cap split
- Large98.6%
- Mid1.4%
- P/E
- 18.25
- P/B
- 2.72
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 10.40% | ₹1,372 Cr | +11.14% | +10.95% | +12.87% |
| ICICI Bank Ltd. | Financial | 9.07% | ₹1,196 Cr | +8.98% | +8.43% | +8.52% |
| Reliance Industries Ltd. | Energy | 7.60% | ₹1,002 Cr | +7.97% | +8.87% | +8.18% |
| Bharti Airtel Ltd. | Communication | 5.12% | ₹675 Cr | +5.13% | +5.35% | +4.54% |
| Larsen & Toubro Ltd. | Construction | 4.21% | ₹556 Cr | +4.42% | +4.02% | +3.81% |
| State Bank of India | Financial | 3.80% | ₹501 Cr | +3.87% | +3.97% | +3.21% |
| Axis Bank Ltd. | Financial | 3.37% | ₹445 Cr | +3.52% | +3.26% | +2.87% |
| Infosys Ltd. | Technology | 3.36% | ₹443 Cr | +3.20% | +4.29% | +4.60% |
| Kotak Mahindra Bank Ltd. | Financial | 2.94% | ₹388 Cr | +2.63% | +2.54% | +2.60% |
| Mahindra & Mahindra Ltd. | Automobile | 2.52% | ₹333 Cr | +2.50% | +2.58% | +2.69% |
| Bajaj Finance Ltd. | Financial | 2.51% | ₹331 Cr | +2.45% | +2.10% | +2.36% |
| ITC Ltd. | Consumer Staples | 2.43% | ₹320 Cr | +2.52% | +2.71% | +3.43% |
| Eternal Ltd. | Services | 2.22% | ₹293 Cr | +1.74% | +1.61% | +2.01% |
| Tata Consultancy Services Ltd. | Technology | 2.00% | ₹264 Cr | +1.89% | +2.36% | +2.61% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.84% | ₹243 Cr | +1.80% | +1.82% | +1.49% |
| Titan Company Ltd. | Consumer Discretionary | 1.81% | ₹239 Cr | +1.66% | +1.59% | +1.23% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.60% | ₹211 Cr | +1.71% | +1.78% | +1.98% |
| Maruti Suzuki India Ltd. | Automobile | 1.49% | ₹197 Cr | +1.68% | +1.58% | +1.86% |
| NTPC Ltd. | Energy | 1.47% | ₹194 Cr | +1.54% | +1.72% | +1.43% |
| Tata Steel Ltd. | Metals & Mining | 1.46% | ₹193 Cr | +1.42% | +1.55% | +1.24% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.35% | ₹178 Cr | +1.22% | +0.95% | +0.92% |
| Bharat Electronics Ltd. | Capital Goods | 1.33% | ₹176 Cr | +1.34% | +1.40% | +1.28% |
| Shriram Finance Ltd | Financial | 1.32% | ₹174 Cr | +1.33% | +1.19% | +0.76% |
| Hindalco Industries Ltd. | Metals & Mining | 1.31% | ₹172 Cr | +1.26% | +1.25% | +0.98% |
| Ultratech Cement Ltd. | Materials | 1.24% | ₹164 Cr | +1.21% | +1.24% | +1.29% |
| HCL Technologies Ltd. | Technology | 1.24% | ₹164 Cr | +1.03% | +1.38% | +1.30% |
| BSE Ltd. | Services | 1.21% | ₹160 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | 1.16% | ₹152 Cr | +1.05% | +1.03% | +0.95% |
| Bajaj Auto Ltd. | Automobile | 1.14% | ₹150 Cr | +0.98% | +0.95% | +0.85% |
| Power Grid Corporation Of India Ltd. | Energy | 1.13% | ₹149 Cr | +1.18% | +1.31% | +1.12% |
| Grasim Industries Ltd. | Materials | 1.11% | ₹146 Cr | +1.07% | +0.95% | +0.93% |
| Interglobe Aviation Ltd. | Services | 1.08% | ₹142 Cr | +1.11% | +0.87% | +1.08% |
| Asian Paints Ltd. | Materials | 1.04% | ₹137 Cr | +1.09% | +0.96% | +0.94% |
| Coal India Ltd. | Materials | 0.97% | ₹129 Cr | +0.96% | +1.00% | +0.78% |
| Bajaj Finserv Ltd. | Financial | 0.96% | ₹127 Cr | +0.94% | +0.92% | +1.01% |
| Eicher Motors Ltd. | Automobile | 0.94% | ₹125 Cr | +0.89% | +0.89% | +0.85% |
| Adani Enterprises Ltd. | Services | 0.94% | ₹124 Cr | +0.80% | +0.45% | +0.58% |
| Tech Mahindra Ltd. | Technology | 0.93% | ₹122 Cr | +0.81% | +0.86% | +0.79% |
| Nestle India Ltd. | Consumer Staples | 0.90% | ₹119 Cr | +0.92% | +0.82% | +0.73% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.84% | ₹111 Cr | +0.83% | +1.08% | +0.82% |
| Trent Ltd. | Services | 0.84% | ₹110 Cr | +1.00% | +0.71% | +0.92% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.80% | ₹106 Cr | +0.81% | +0.75% | +0.66% |
| SBI Life Insurance Company Ltd. | Insurance | 0.73% | ₹96.28 Cr | +0.72% | +0.78% | +0.71% |
| Cipla Ltd. | Healthcare | 0.73% | ₹95.65 Cr | +0.75% | +0.67% | +0.75% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.72% | ₹94.96 Cr | +0.75% | +0.75% | +0.66% |
| JIO Financial Services Ltd. | Financial | 0.68% | ₹89.89 Cr | +0.71% | +0.72% | +0.85% |
| Max Healthcare Institute Ltd. | Healthcare | 0.66% | ₹87.38 Cr | +0.77% | +0.70% | +0.73% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.59% | ₹78.07 Cr | +0.64% | +0.65% | +0.65% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.57% | ₹74.90 Cr | +0.67% | +0.61% | +1.26% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.54% | ₹70.80 Cr | +0.56% | +0.62% | +0.72% |
| Others | Others | -0.21% | ₹-27.46 Cr | +0.11% | -3.02% | -0.44% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| BSE Ltd. | 0.00% | 1.21% | +1.21% |
| Others | 0.00% | -0.69% | -0.69% |
| HDFC Bank Ltd. | 9.85% | 10.40% | +0.55% |
| Wipro Ltd. | 0.45% | 0.00% | -0.45% |
| ICICI Bank Ltd. | 9.45% | 9.07% | -0.38% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% | 1.35% | +0.28% |
| Infosys Ltd. | 3.61% | 3.36% | -0.25% |
| Reliance Industries Ltd. | 7.83% | 7.60% | -0.23% |
| Tata Consultancy Services Ltd. | 2.22% | 2.00% | -0.22% |
| Adani Enterprises Ltd. | 0.75% | 0.94% | +0.19% |
| ITC Ltd. | 2.24% | 2.43% | +0.19% |
| State Bank of India | 3.98% | 3.80% | -0.18% |
| Kotak Mahindra Bank Ltd. | 2.80% | 2.94% | +0.14% |
| Mahindra & Mahindra Ltd. | 2.66% | 2.52% | -0.14% |
| Bharti Airtel Ltd. | 5.00% | 5.12% | +0.11% |
| Maruti Suzuki India Ltd. | 1.60% | 1.49% | -0.11% |
| Coal India Ltd. | 0.87% | 0.97% | +0.10% |
| Bajaj Finserv Ltd. | 1.06% | 0.96% | -0.10% |
| Titan Company Ltd. | 1.91% | 1.81% | -0.10% |
| Shriram Finance Ltd | 1.41% | 1.32% | -0.09% |
| Larsen & Toubro Ltd. | 4.30% | 4.21% | -0.08% |
| Bajaj Auto Ltd. | 1.22% | 1.14% | -0.08% |
| Dr. Reddy's Laboratories Ltd. | 0.64% | 0.72% | +0.08% |
| Tata Steel Ltd. | 1.38% | 1.46% | +0.08% |
| Nestle India Ltd. | 0.97% | 0.90% | -0.07% |
| Eternal Ltd. | 2.15% | 2.22% | +0.07% |
| Sun Pharmaceutical Industries Ltd. | 1.91% | 1.84% | -0.07% |
| Bajaj Finance Ltd. | 2.57% | 2.51% | -0.07% |
| NTPC Ltd. | 1.41% | 1.47% | +0.06% |
| Eicher Motors Ltd. | 0.99% | 0.94% | -0.05% |
| Asian Paints Ltd. | 1.09% | 1.04% | -0.05% |
| Grasim Industries Ltd. | 1.15% | 1.11% | -0.05% |
| Power Grid Corporation Of India Ltd. | 1.08% | 1.13% | +0.05% |
| JSW Steel Ltd. | 1.11% | 1.16% | +0.04% |
| Max Healthcare Institute Ltd. | 0.70% | 0.66% | -0.04% |
| JIO Financial Services Ltd. | 0.72% | 0.68% | -0.04% |
| Trent Ltd. | 0.87% | 0.84% | -0.03% |
| Hindalco Industries Ltd. | 1.33% | 1.31% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.83% | 0.80% | -0.03% |
| company:6897 | 0.02% | 0.00% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.82% | 0.84% | +0.02% |
| Tata Consumer Products Ltd. | 0.61% | 0.59% | -0.02% |
| SBI Life Insurance Company Ltd. | 0.71% | 0.73% | +0.02% |
| Tata Motors Passenger Vehicles Ltd. | 0.59% | 0.57% | -0.02% |
| Bharat Electronics Ltd. | 1.35% | 1.33% | -0.02% |
| HCL Technologies Ltd. | 1.26% | 1.24% | -0.01% |
| Axis Bank Ltd. | 3.39% | 3.37% | -0.01% |
| Hindustan Unilever Ltd. | 1.58% | 1.60% | +0.01% |
| Ultratech Cement Ltd. | 1.23% | 1.24% | +0.01% |
| Tech Mahindra Ltd. | 0.94% | 0.93% | -0.01% |
| HDFC Life Insurance Co Ltd. | 0.53% | 0.54% | +0.01% |
| Cipla Ltd. | 0.72% | 0.73% | +0.01% |
| Interglobe Aviation Ltd. | 1.08% | 1.08% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,608 Cr | 0.74% | 8.3% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 8.4% | 6.9% | 12.3% |
| SBI Nifty Next 50 Index Fund | ₹2,307 Cr | 0.80% | 8.4% | 6.9% | 12.3% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 8.3% | 6.9% | 12.4% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 8.5% | 7.0% | 12.4% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 7.6% | 6.8% | 12.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is a passively managed index fund, which would invest in all the stocks comprising Nifty 50 Index in the same proportion as their weightage in the index.
Fund managers
- Viral ChhadvaMr. Chhadva has done MFM (Finance) and CFAPrior to joining SBI Mutual Fund, he has worked with India Infoline Ltd. and ICICI Securities
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.82% absolute | ₹60,000 | ₹63,492 | 5.82% | |
| 1 year−1.55% annualised | ₹1,20,000 | ₹1,18,997 | −0.84% | |
| 3 years9.53% annualised | ₹3,60,000 | ₹4,18,141 | 16.15% | |
| 5 years7.50% annualised | ₹6,00,000 | ₹7,29,804 | 21.63% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of SBI Nifty Index Fund?
The NAV of SBI Nifty Index Fund is ₹222.85 as on 9 Nov 2026.
What is the expense ratio of SBI Nifty Index Fund?
The expense ratio of SBI Nifty Index Fund is 0.44% per year.
What is the minimum SIP amount for SBI Nifty Index Fund?
You can start a SIP in SBI Nifty Index Fund with ₹3,000 a month.
What returns has SBI Nifty Index Fund given?
SBI Nifty Index Fund has returned 5.9% over 1 year, 4.3% over 3 years and 7.8% over 5 years (annualised).
Is there a lock-in or exit load on SBI Nifty Index Fund?
Lock-in: None. Exit load: Exit load of 0.20% if redeemed within 15 days.
How risky is SBI Nifty Index Fund?
SBI Nifty Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages SBI Nifty Index Fund?
SBI Nifty Index Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.