SBI Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹19.72+1.58%1 day
- Return since launch
- 12.8%
- 52-week range
- ₹16.33 — ₹20.26
- AUM
- ₹2,318 Cr
SBI Nifty Next 50 Index Fund is a Large Cap Index equity fund from SBI Mutual Fund with ₹2,318 Cr under management, launched in 2021. Over three years it has returned 6.9% a year, against 11.6% for its category. The expense ratio is 0.81% and the SEBI riskometer reading is Very High.
Performance
SBI Nifty Next 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.7% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 8.4% | +8.3 pts | 0.2% | 5.0% |
| 2Y | 7.2% | +3.0 pts | 4.1% | 3.1% |
| 3Y | 6.9% | −4.7 pts | 11.6% | 3.9% |
| 5Y | 12.3% | +3.6 pts | 8.8% | 7.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.5% | −3.5 pts | 10.0% | 10.9% |
| 3M | -2.7% | −2.5 pts | -0.1% | 1.0% |
| 6M | 3.7% | −0.7 pts | 4.4% | 5.2% |
| 1Y | 4.7% | +4.6 pts | 0.2% | -2.1% |
| 2Y | 2.2% | +0.3 pts | 1.9% | 2.0% |
| 3Y | 16.8% | +5.2 pts | 11.6% | 9.5% |
| 5Y | 10.7% | +1.9 pts | 8.8% | 7.2% |
Since launch (28 Apr 2021): 12.8%
Calendar-year returns
Category average0.0%
26.2%
27.2%
2.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.2% | −6.4 pts | 8.6% |
| 2024 | 27.2% | +12.8 pts | 14.4% |
| 2023 | 26.2% | +1.4 pts | 24.8% |
| 2022 | 0.0% | −4.1 pts | 4.1% |
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
0.80%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.58%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.21%
- Exit load
- Exit load of 0.25% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Next 50 TRI
- 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 | 5.65 | 5.72 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.27 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.54 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.73 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.47 | 20.38 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI Nifty Next 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.5%
Market cap split
- Large95.3%
- Mid4.7%
- P/E
- 17.92
- P/B
- 3.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.86% | ₹113 Cr | +3.42% | +3.53% | +3.19% |
| TVS Motor Company Ltd. | Automobile | 3.97% | ₹91.99 Cr | +3.32% | +3.69% | +3.56% |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.64% | ₹84.46 Cr | +3.40% | +3.09% | +3.98% |
| Tata Motors Ltd. | Automobile | 3.63% | ₹84.11 Cr | +3.61% | +3.85% | — |
| Adani Power Ltd. | Energy | 3.49% | ₹80.96 Cr | +3.79% | +2.91% | +2.51% |
| Samvardhana Motherson International Ltd. | Automobile | 2.97% | ₹68.79 Cr | +2.67% | +2.17% | +2.07% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.91% | ₹67.38 Cr | +1.98% | +2.06% | +1.66% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.89% | ₹67.02 Cr | +3.16% | +2.71% | +3.00% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.88% | ₹66.76 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 2.65% | ₹61.33 Cr | +3.12% | +2.84% | — |
| Avenue Supermarts Ltd. | Services | 2.52% | ₹58.50 Cr | +2.88% | +2.72% | +2.91% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.50% | ₹58.05 Cr | +2.51% | +2.66% | +2.90% |
| Tata Power Company Ltd. | Energy | 2.48% | ₹57.50 Cr | +2.63% | +2.96% | +2.88% |
| Varun Beverages Ltd. | Consumer Staples | 2.43% | ₹56.34 Cr | +2.83% | +2.46% | +2.65% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.41% | ₹55.89 Cr | +2.67% | +2.10% | +2.24% |
| Britannia Industries Ltd. | Consumer Staples | 2.34% | ₹54.27 Cr | +2.48% | +2.98% | +3.12% |
| Indian Oil Corporation Ltd. | Energy | 2.07% | ₹48.08 Cr | +2.13% | +2.36% | +2.47% |
| Solar Industries India Ltd. | Chemicals | 1.97% | ₹45.77 Cr | +1.86% | +1.37% | +1.43% |
| Power Finance Corporation Ltd. | Financial | 1.95% | ₹45.21 Cr | +2.52% | +2.58% | +2.64% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.92% | ₹44.55 Cr | +1.88% | +1.77% | +2.34% |
| HDFC Asset Management Company Ltd. | Financial | 1.92% | ₹44.42 Cr | +2.21% | +2.11% | — |
| GAIL (India) Ltd. | Energy | 1.89% | ₹43.88 Cr | +1.91% | +1.74% | +2.10% |
| Vedanta Ltd. | Metals & Mining | 1.88% | ₹43.48 Cr | +1.94% | +5.20% | +3.49% |
| Pidilite Industries Ltd. | Chemicals | 1.87% | ₹43.40 Cr | +2.02% | +1.86% | +2.01% |
| DLF Ltd. | Construction | 1.78% | ₹41.22 Cr | +1.62% | +1.51% | +2.02% |
| Wipro Ltd. | Technology | 1.77% | ₹40.95 Cr | — | — | — |
| Polycab India Ltd. | Capital Goods | 1.77% | ₹40.92 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 1.76% | ₹40.91 Cr | +2.00% | +1.52% | +1.34% |
| Adani Green Energy Ltd. | Capital Goods | 1.76% | ₹40.87 Cr | +2.04% | +1.26% | +1.39% |
| Bank Of Baroda | Financial | 1.76% | ₹40.80 Cr | +2.06% | +2.15% | +2.11% |
| Jindal Steel Ltd. | Metals & Mining | 1.73% | ₹40.15 Cr | +1.60% | +1.93% | +1.75% |
| Bosch Ltd. | Automobile | 1.68% | ₹38.98 Cr | +1.41% | +1.16% | +1.46% |
| Canara Bank | Financial | 1.65% | ₹38.29 Cr | +1.72% | +1.94% | +1.84% |
| Hitachi Energy India Ltd. | Capital Goods | 1.60% | ₹37.17 Cr | — | — | — |
| Punjab National Bank | Financial | 1.60% | ₹37.14 Cr | +1.50% | +1.62% | +1.72% |
| LTM Limited | Technology | 1.55% | ₹35.83 Cr | +1.34% | +1.74% | +2.11% |
| Vodafone Idea Ltd. | Communication | 1.47% | ₹34.00 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 1.46% | ₹33.94 Cr | +1.51% | +1.46% | +1.20% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.41% | ₹32.58 Cr | +1.66% | +1.85% | +2.07% |
| Union Bank of India | Financial | 1.36% | ₹31.51 Cr | +1.36% | +1.48% | — |
| Siemens Ltd. | Capital Goods | 1.35% | ₹31.40 Cr | +1.30% | +1.21% | +1.22% |
| Muthoot Finance Ltd. | Financial | 1.21% | ₹27.99 Cr | +1.31% | +1.58% | — |
| Hyundai Motor India Ltd. | Automobile | 1.19% | ₹27.56 Cr | +1.11% | +1.18% | +1.63% |
| Zydus Lifesciences Ltd. | Healthcare | 1.19% | ₹27.47 Cr | +1.14% | +1.02% | +1.08% |
| Siemens Energy India Ltd. | Energy | 1.16% | ₹26.85 Cr | +1.33% | +1.06% | +1.34% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.12% | ₹25.96 Cr | +1.05% | +1.02% | +0.92% |
| Ambuja Cements Ltd. | Materials | 0.96% | ₹22.24 Cr | +1.07% | +1.14% | +1.57% |
| Tata Capital Ltd. | Financial | 0.74% | ₹17.20 Cr | +0.75% | +0.62% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.73% | ₹16.94 Cr | +0.74% | +0.82% | +0.97% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.66% | ₹15.31 Cr | +0.77% | +0.73% | +0.93% |
| Others | Others | -0.48% | ₹-11.14 Cr | -0.28% | -1.64% | -1.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Aluminium Metal Ltd. | 0.00% | 2.88% | +2.88% |
| The Indian Hotels Company Ltd. | 2.56% | 0.00% | -2.56% |
| Others | -0.39% | -2.17% | -1.78% |
| Wipro Ltd. | 0.00% | 1.77% | +1.77% |
| Polycab India Ltd. | 0.00% | 1.77% | +1.77% |
| United Spirits Ltd. | 1.74% | 0.00% | -1.74% |
| Hitachi Energy India Ltd. | 0.00% | 1.60% | +1.60% |
| REC Ltd. | 1.59% | 0.00% | -1.59% |
| Vodafone Idea Ltd. | 0.00% | 1.47% | +1.47% |
| Lodha Developers Ltd. | 1.31% | 0.00% | -1.31% |
| Shree Cement Ltd. | 1.22% | 0.00% | -1.22% |
| Cholamandalam Investment and Finance Company Ltd. | 3.17% | 2.89% | -0.28% |
| Varun Beverages Ltd. | 2.16% | 2.43% | +0.27% |
| Adani Power Ltd. | 3.24% | 3.49% | +0.25% |
| Tata Motors Ltd. | 3.88% | 3.63% | -0.25% |
| Tata Power Company Ltd. | 2.28% | 2.48% | +0.20% |
| HDFC Asset Management Company Ltd. | 2.11% | 1.92% | -0.19% |
| Pidilite Industries Ltd. | 2.06% | 1.87% | -0.19% |
| Adani Green Energy Ltd. | 1.61% | 1.76% | +0.15% |
| Divi's Laboratories Ltd. | 4.74% | 4.86% | +0.12% |
| ABB India Ltd. | 1.58% | 1.46% | -0.12% |
| LTM Limited | 1.66% | 1.55% | -0.11% |
| Britannia Industries Ltd. | 2.44% | 2.34% | -0.10% |
| Bharat Petroleum Corporation Ltd. | 2.59% | 2.50% | -0.09% |
| Union Bank of India | 1.44% | 1.36% | -0.08% |
| Mazagon Dock Shipbuilders Ltd. | 0.74% | 0.66% | -0.08% |
| Adani Energy Solutions Ltd. | 1.84% | 1.76% | -0.08% |
| Cummins India Ltd. | 2.72% | 2.65% | -0.07% |
| Indian Railway Finance Corporation Ltd. | 0.66% | 0.73% | +0.07% |
| CG Power and Industrial Solutions Ltd. | 2.48% | 2.41% | -0.07% |
| Bajaj Holdings & Investment Ltd. | 1.99% | 1.92% | -0.07% |
| Siemens Ltd. | 1.41% | 1.35% | -0.06% |
| Hindustan Aeronautics Ltd. | 3.59% | 3.64% | +0.05% |
| Punjab National Bank | 1.55% | 1.60% | +0.05% |
| Muthoot Finance Ltd. | 1.26% | 1.21% | -0.05% |
| TVS Motor Company Ltd. | 4.02% | 3.97% | -0.05% |
| Hyundai Motor India Ltd. | 1.24% | 1.19% | -0.05% |
| Solar Industries India Ltd. | 1.93% | 1.97% | +0.04% |
| Avenue Supermarts Ltd. | 2.48% | 2.52% | +0.04% |
| Zydus Lifesciences Ltd. | 1.15% | 1.19% | +0.04% |
| Ambuja Cements Ltd. | 0.99% | 0.96% | -0.03% |
| Siemens Energy India Ltd. | 1.13% | 1.16% | +0.03% |
| Bosch Ltd. | 1.71% | 1.68% | -0.03% |
| DLF Ltd. | 1.75% | 1.78% | +0.03% |
| Canara Bank | 1.68% | 1.65% | -0.03% |
| Indian Oil Corporation Ltd. | 2.05% | 2.07% | +0.02% |
| Godrej Consumer Products Ltd. | 1.43% | 1.41% | -0.02% |
| Torrent Pharmaceuticals Ltd. | 2.93% | 2.91% | -0.02% |
| Power Finance Corporation Ltd. | 1.93% | 1.95% | +0.02% |
| Vedanta Ltd. | 1.86% | 1.88% | +0.02% |
| Tata Capital Ltd. | 0.73% | 0.74% | +0.01% |
| Bank Of Baroda | 1.75% | 1.76% | +0.01% |
| Hindustan Zinc Ltd. | 1.13% | 1.12% | -0.01% |
| Jindal Steel Ltd. | 1.74% | 1.73% | -0.01% |
| GAIL (India) Ltd. | 1.89% | 1.89% | 0.00% |
| Samvardhana Motherson International Ltd. | 2.97% | 2.97% | 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 | ₹2,684 Cr | 0.73% | 8.2% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 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 seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
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 months3.72% absolute | ₹60,000 | ₹62,232 | 3.72% | |
| 1 year4.74% annualised | ₹1,20,000 | ₹1,23,126 | 2.61% | |
| 3 years16.81% annualised | ₹3,60,000 | ₹4,70,540 | 30.71% | |
| 5 years10.69% annualised | ₹6,00,000 | ₹7,95,681 | 32.61% |
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 Next 50 Index Fund?
The NAV of SBI Nifty Next 50 Index Fund is ₹19.72 as on 9 Nov 2026.
What is the expense ratio of SBI Nifty Next 50 Index Fund?
The expense ratio of SBI Nifty Next 50 Index Fund is 0.81% per year.
What is the minimum SIP amount for SBI Nifty Next 50 Index Fund?
You can start a SIP in SBI Nifty Next 50 Index Fund with ₹3,000 a month.
What returns has SBI Nifty Next 50 Index Fund given?
SBI Nifty Next 50 Index Fund has returned 8.4% over 1 year, 6.9% over 3 years and 12.3% over 5 years (annualised).
Is there a lock-in or exit load on SBI Nifty Next 50 Index Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 30 days..
How risky is SBI Nifty Next 50 Index Fund?
SBI Nifty Next 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages SBI Nifty Next 50 Index Fund?
SBI Nifty Next 50 Index Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.