This is the Regular plan of SBI Nifty Bank ETF — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable ETF funds (same plan and option) to rank against yet.
Not enough Other ETFs peers to rank yet
Volatility 16.0% (no category average yet)
0.2% expense (no category average yet)
92% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 92% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Other ETFs)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.17% | — | — |
| 3M abs | -6.05% | — | — |
| 6M abs | +6.40% | — | — |
| 1Y CAGR | -1.23% | — | — |
| 3Y CAGR | +7.48% | — | — |
| 5Y CAGR | +8.54% | — | — |
Category average across peers in Other ETFs, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into SBI Nifty Bank ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty Bank TRI | Diff | |
|---|---|---|---|---|
| 2026part | -8.20% | -7.52% | -0.68% | |
| 2025 | +17.88% | +18.31% | -0.43% | |
| 2024 | +6.02% | +6.24% | -0.22% | |
| 2023 | +13.12% | +13.20% | -0.08% | |
| 2022 | +21.84% | +21.83% | +0.01% | |
| 2021 | +13.68% | +13.86% | -0.18% | |
| 2020 | -4.22% | -2.33% | -1.89% | |
| 2019 | +18.78% | +18.87% | -0.09% | |
| 2018 | +6.60% | +6.83% | -0.23% | |
| 2017 | +39.18% | +41.12% | -1.94% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.97%
- Cash & Equivalents0.03%
Fund size over time
Quarterly average AUM · AMFIDown +5% from its peak of ₹3,911Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.
Fund Managers
RSRaviprakash SharmaStart date not disclosed
Chief Dealer (Equity) Fund Manager
B.Com, C.A., CFA Charter Holder (CFA Institute, USA)
Mr. Sharma has over 26 years experience in Indian capital markets in various capacities including Portfolio Management and Dealing in equity shares on behalf of clients. He joined SBI Funds Management Limited in January • From April 2007 to Jan 2011- as Sr. Manager - Portfolio Management Services with HDFC Asset Management Co. Ltd. • From July 2006 to April 2007 - as financial advisor with Citigroup Wealth Advisors India Pvt. Ltd. • From Dec 2004 – July 2006 – as AVP - Non-Discretionary PMS with Kotak Securities Ltd. • From Nov 2003 to Nov 2004- as AVP - Fixed Income Group with Times Investors Services Pvt. Ltd., Mumbai. • From Nov 1999 to Nov 2003 as Manager - Fixed Income Group with Birla Sun Life Securities Ltd. Presently, he is Chief Equity dealer & managing SBI Nifty Index Fund, SBI BSE Sensex ETF, SBI Gold Fund, SBI Nifty Bank ETF, SBI BSE 100 ETF, SBI Nifty Next 50 ETF, SBI Nifty 50 ETF, SBI BSE Sensex Next 50 ETF, SBI NIFTY 200 Quality 30 ETF, SBI Equity Minimum Variance Fund, SBI Nifty Next 50 Index Fund and
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of SBI Nifty Bank ETF?
As of 01 Oct 2026, the NAV of SBI Nifty Bank ETF is ₹560.00 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Nifty Bank ETF delivered?
SBI Nifty Bank ETF has returned -1.23% over 1 year, +7.48% per year over 3 years, +8.54% per year over 5 years and +10.20% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of SBI Nifty Bank ETF?
SBI Nifty Bank ETF charges an expense ratio of 0.21% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of SBI Nifty Bank ETF?
SBI Nifty Bank ETF's largest holdings are HDFC Bank Ltd. (17.0%), ICICI Bank Ltd. (14.8%), State Bank of India (10.3%), Kotak Mahindra Bank Ltd. (9.9%) and Axis Bank Ltd. (9.2%). Holdings are disclosed monthly and change over time.
How risky is SBI Nifty Bank ETF?
SBI Nifty Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.0% and its worst peak-to-trough fall in our sample was -48.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.06 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Nifty Bank ETF's 0.06 means it has rewarded its volatility with excess return. Higher is better.
Who manages SBI Nifty Bank ETF?
SBI Nifty Bank ETF is managed by Raviprakash Sharma at SBI.
How is SBI Nifty Bank ETF taxed?
SBI Nifty Bank ETF is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.