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EquityIndex Funds

SBI Nifty Bank Index Fund Direct Growth

3Y Annualised

N/A

0.24% 1D

Fund Performance

Fund Multiplier

Fund Info

Peer Comparison

Fund Managers

AMC Details

Performance

1M Returns

-2.04%

0.24% 1D

Benchmark

N/A

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

This Fund

NA

NIFTY 50

5 years 3 months

FD

9 years 7 months

Fund info

Fund size

₹121.58 Cr

Min. SIP amount

₹1000

Min. Lumpsum amount

₹5000

Exit load

0%

For exit on or before 15 days from the date of allotment 0.25% For exit after 15 days from the date of allotment Nil

Risk Profile

Very High Risk

Fund Managers

About SBI Nifty Bank Index Fund Direct Growth

SBI Nifty Bank Index Fund Direct Growth is a Equity mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 0 years, having been launched on 2025-02-06. SBI Nifty Bank Index Fund Direct Growth has ₹121.58 Cr worth of assets under management (AUM) as of Wed Jul 30 2025. The latest Net Asset Value (NAV) of SBI Nifty Bank Index Fund Direct Growth as of Tue Jul 29 2025 is ₹11.2114. The fund has an expense ratio of 0.2%, which is medium comparable to most other Equity funds.

SBI Nifty Bank Index Fund Direct Growth returns for the last 1 year are NA%. Since launch, it has delivered 12.11% average annual returns.

The SBI Nifty Bank Index Fund Direct Growth has the majority of its money invested in Financial Services sectors.

Top 5 Holdings of SBI Nifty Bank Index Fund Direct Growth.

  1. HDFC Bank Ltd: 28.05%
  2. ICICI Bank Ltd: 25.12%
  3. State Bank of India: 8.68%
  4. Axis Bank Ltd: 8.37%
  5. Kotak Mahindra Bank Ltd: 8.33%

AMC Information

NameSBI Funds Management Ltd
Founding Date2025-02-06
Emailpartnerforlife@sbimf.com
Phone022 - 61793000
Websitewww.sbimf.com
Address9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai

Tax Implications of SBI Nifty Bank Index Fund Direct Growth

Short Term Gains20% + applicable Surcharge + 4% Cess
Long Term Gains12.5% without indexation + applicable Surcharge + 4% Cess

Similar Funds from SBI Funds Management Ltd

Calculate Your Returns

Estimated Returns in 1 Years

₹0

Total Amount

₹0

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