SBI Nifty Bank Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (07-Jul-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹116 Cr
Expense Ratio
0.21%
ISIN
INF200KB1563
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 Feb 2025
About this fund
As of 07-Jul-25, it has a Net Asset Value (NAV) of ₹11.35, Assets Under Management (AUM) of 115.55 Crores, and an expense ratio of 0.21%.
- SBI Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.47% since inception.
- The fund's asset allocation comprises around 100.04% in equities, 0.00% in debts, and -0.04% in cash & cash equivalents.
- You can start investing in SBI Nifty Bank Index Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+13.47%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹115.59 Cr | 100.04% |
| Others | ₹-0.04 Cr | -0.04% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹32.16 Cr | 27.83% |
| ICICI Bank Ltd | Equity | ₹29.1 Cr | 25.18% |
| Axis Bank Ltd | Equity | ₹9.71 Cr | 8.41% |
| State Bank of India | Equity | ₹9.58 Cr | 8.29% |
| Kotak Mahindra Bank Ltd | Equity | ₹8.71 Cr | 7.54% |
| IndusInd Bank Ltd | Equity | ₹4.63 Cr | 4.01% |
| The Federal Bank Ltd | Equity | ₹4.26 Cr | 3.69% |
| Bank of Baroda | Equity | ₹3.98 Cr | 3.44% |
| IDFC First Bank Ltd | Equity | ₹3.63 Cr | 3.14% |
| AU Small Finance Bank Ltd | Equity | ₹3.35 Cr | 2.90% |
| Canara Bank | Equity | ₹3.33 Cr | 2.88% |
| Punjab National Bank | Equity | ₹3.14 Cr | 2.72% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.58 Cr | 0.51% |
| Treps | Cash - Repurchase Agreement | ₹0.54 Cr | 0.47% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.42%
Mid Cap Stocks
16.62%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹115.59 Cr | 100.04% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Harsh Sethi
Since February 2025
Additional Scheme Detailsas of 31st May 2025
ISIN INF200KB1563 | Expense Ratio 0.21% | Exit Load No Charges | Fund Size ₹116 Cr | Age 5 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of SBI Nifty Bank Index Fund Direct Growth?
What is the portfolio composition of SBI Nifty Bank Index Fund Direct Growth?
Who manages the SBI Nifty Bank Index Fund Direct Growth?
- Harsh Sethi
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SBI Nifty Bank Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (07-Jul-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹116 Cr
Expense Ratio
0.21%
ISIN
INF200KB1563
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 Feb 2025
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 07-Jul-25, it has a Net Asset Value (NAV) of ₹11.35, Assets Under Management (AUM) of 115.55 Crores, and an expense ratio of 0.21%.
- SBI Nifty Bank Index Fund Direct Growth has given a CAGR return of 13.47% since inception.
- The fund's asset allocation comprises around 100.04% in equities, 0.00% in debts, and -0.04% in cash & cash equivalents.
- You can start investing in SBI Nifty Bank Index Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+13.47%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹115.59 Cr | 100.04% |
| Others | ₹-0.04 Cr | -0.04% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹32.16 Cr | 27.83% |
| ICICI Bank Ltd | Equity | ₹29.1 Cr | 25.18% |
| Axis Bank Ltd | Equity | ₹9.71 Cr | 8.41% |
| State Bank of India | Equity | ₹9.58 Cr | 8.29% |
| Kotak Mahindra Bank Ltd | Equity | ₹8.71 Cr | 7.54% |
| IndusInd Bank Ltd | Equity | ₹4.63 Cr | 4.01% |
| The Federal Bank Ltd | Equity | ₹4.26 Cr | 3.69% |
| Bank of Baroda | Equity | ₹3.98 Cr | 3.44% |
| IDFC First Bank Ltd | Equity | ₹3.63 Cr | 3.14% |
| AU Small Finance Bank Ltd | Equity | ₹3.35 Cr | 2.90% |
| Canara Bank | Equity | ₹3.33 Cr | 2.88% |
| Punjab National Bank | Equity | ₹3.14 Cr | 2.72% |
| Net Receivable / Payable | Cash - Collateral | ₹-0.58 Cr | 0.51% |
| Treps | Cash - Repurchase Agreement | ₹0.54 Cr | 0.47% |
Allocation By Market Cap (Equity)
Large Cap Stocks
83.42%
Mid Cap Stocks
16.62%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹115.59 Cr | 100.04% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Harsh Sethi
Since February 2025
Additional Scheme Detailsas of 31st May 2025
ISIN INF200KB1563 | Expense Ratio 0.21% | Exit Load No Charges | Fund Size ₹116 Cr | Age 5 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
Related Articles
Still got questions?
We're here to help.
What is the current NAV of SBI Nifty Bank Index Fund Direct Growth?
What is the portfolio composition of SBI Nifty Bank Index Fund Direct Growth?
Who manages the SBI Nifty Bank Index Fund Direct Growth?
- Harsh Sethi
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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