Key metrics
Latest NAV
₹11.46
Day change
-0.49%
Volatility
15.5%
Sharpe
-0.03
Max drawdown
-18.3%
Expense ratio
0.18%
AUM
₹169 Cr
Category rank
171 / 293
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.62% | -1.14% | 5.17% | -0.58% | 6.02% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
SBI Nifty Bank Index Fund is a passive index fund/ETF offered by SBI Mutual Fund, classified under Index/ETF as Other Scheme - Index Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹11.46, with assets under management of about ₹169 Cr (April - June 2026).
Performance analysis
Over the trailing one year, SBI Nifty Bank Index Fund has recorded a return of about 6.0%. Its annualised volatility is 15.5% — moderate fluctuations — and its Sharpe ratio is -0.03, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.18%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.91 | 3.57 | -3.81 | 26.54 | 83% | 17% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does SBI Nifty Bank Index Fund invest in?
It invests primarily in the constituents of the index it tracks.
How is this fund classified?
It is a Other Scheme - Index Funds fund in the Index/ETF group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.18% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Other Scheme - Index Funds
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| HDFC Nifty100 Quality 30 Index Fund Other Scheme - Index Funds | -3.54 | 2.66 | 2.15 | -0.47 | – | – | – | – |
| Kotak BSE Sensex Index Fund Other Scheme - Index Funds | -3.00 | 3.07 | -2.89 | -4.98 | – | – | – | – |
| Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund Other Scheme - Index Funds | 0.66 | 2.13 | 3.80 | 6.75 | – | – | – | – |
| SBI Nifty IT Index Fund Other Scheme - Index Funds | -4.97 | 3.53 | 0.15 | -11.86 | – | – | – | 0.26 |
| ANGEL ONE NIFTY TOTAL MARKET INDEX FUND Other Scheme - Index Funds | -2.12 | 3.81 | 4.47 | 2.53 | – | – | – | 0.24 |
| Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Other Scheme - Index Funds | 0.65 | 2.28 | 3.55 | 6.73 | – | – | – | 0.11 |
| DSP Nifty Private Bank Index Fund Other Scheme - Index Funds | 1.30 | 6.02 | 1.54 | 5.39 | – | – | – | 0.23 |
| Bandhan Nifty Next 50 Index Fund Other Scheme - Index Funds | -2.79 | 3.68 | 8.12 | 8.81 | – | – | – | 0.21 |
More funds from SBI
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| SBI Energy Opportunities Fund Sectoral/Thematic - Energy/Power | -1.87 | -2.16 | 4.18 | 8.85 | – | – | – | 0.70 |
| SBI Automotive Opportunities Fund Sectoral/Thematic - Auto/Transport | -1.50 | 15.76 | 19.63 | 28.91 | – | – | – | 0.72 |
| SBI Silver ETF Fund of Fund Other Scheme - FoF Domestic | -0.23 | -9.76 | -11.03 | 85.30 | – | – | – | 0.27 |
| SBI Innovative Opportunities Fund Sectoral/Thematic - Innovation | 2.10 | 17.76 | 25.73 | 10.34 | – | – | – | 0.77 |
| SBI Quant Fund Equity Scheme - Sectoral/ Thematic | -3.91 | 0.35 | -5.23 | 3.53 | – | – | – | 0.79 |
| SBI Income Plus Arbitrage Active FOF Other Scheme - FoF Domestic | 0.27 | 1.91 | 2.95 | 5.91 | – | – | – | 0.09 |
| SBI Dynamic Asset Allocation Active FoF Other Scheme - FoF Domestic | -1.00 | 3.77 | 4.28 | – | – | – | – | 0.21 |
| SBI Quality Fund Equity Scheme - Sectoral/ Thematic | -1.09 | 7.44 | 11.42 | – | – | – | – | 0.79 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.