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SBI BSE Sensex Index Fund

Q: What is the NAV of SBI BSE Sensex Index Fund?

As of 20 Aug 2026, the NAV of SBI BSE Sensex Index Fund is ₹12.80 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has SBI BSE Sensex Index Fund delivered?

SBI BSE Sensex Index Fund has returned -4.62% over 1 year, +6.99% per year over 3 years and +7.87% 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.

Q: What is the expense ratio of SBI BSE Sensex Index Fund?

SBI BSE Sensex Index Fund charges an expense ratio of 0.24% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of SBI BSE Sensex Index Fund?

Its largest holdings are HDFC Bank Ltd (13.4%), ICICI Bank Ltd (10.8%), Reliance Industries Ltd (9.6%), Bharti Airtel Ltd (6.2%) and Larsen & Toubro Ltd (5.3%). Holdings are disclosed monthly and change over time.

Q: How risky is SBI BSE Sensex Index Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.1% and its worst peak-to-trough fall in our sample was -16.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI BSE Sensex Index Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of SBI BSE Sensex Index Fund?

SBI BSE Sensex Index Fund is benchmarked against the BSE Sensex Total Return Index. Its alpha and beta on this page are measured against that index.

Q: Who manages SBI BSE Sensex Index Fund?

SBI BSE Sensex Index Fund is managed by Viral Chhadva at SBI.

Q: How is SBI BSE Sensex Index Fund taxed?

SBI BSE Sensex Index Fund 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.

SBI Mutual Fund · Best Index Funds

NAV

₹12.80

+0.82% 1D

as of 20 Aug 2026

Compare SIP calculator

Performance

-4.36%CAGR

52-week rangePrev NAV ₹12.70

Latest ₹12.80

Low ₹11.8044th percentile of its 52-week rangeHigh ₹14.06

Scorecard

★★☆☆☆2/5 vs 133 of 270 Index Funds peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How 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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Index Funds (same plan and option). 133 of the 270 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +6.99% · ranks 112 of 270 Index Funds

RiskHigh

Volatility 13.1% vs 11.8% category avg

CostLow

0.2% expense vs 0.4% category avg

ConsistencyHigh

100% 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

Low expense ratio (0.24%) vs the Index Funds average of 0.40%
Consistent — positive in 100% of rolling 3-year windows

Concerns

Trails the Index Funds average on 1M/6M/1Y — 1Y by 8.34pp
3-year return (+6.99%) trails the Index Funds average (+9.95%)
Ranks #225 of 270 on 1-year return in its Index Funds cohort
Weaker risk-adjusted returns — Sharpe 0.04 below the Index Funds average of 0.17
More volatile than its Index Funds peers (13.1% vs 11.8%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.40%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 23.47

Excess return per unit of total volatility (rf = 6.5%)

0.04

Category 0.17▼0.13

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

31 May 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.04%

Absolute return over the last 3 months (not annualized)

+3.58%

Absolute return over the last 6 months (not annualized)

-5.75%

Absolute return since 1 Jan of this year (not annualized)

-8.35%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-4.62%

3-year annualized return (CAGR)

+6.99%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

+7.87%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.13%

Excess return per unit of total volatility (rf = 6.5%)

0.04

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.05

Largest peak-to-trough decline over full history

-16.09%

Benchmark ratios (vs Nifty 50 · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50

-0.85%

Sensitivity to Nifty 50 moves; 1 = moves with the index

0.99

How much of the fund's movement Nifty 50 explains

98.9%

Excess return per unit of beta (market risk)

0.55

Active return over the benchmark per unit of tracking error

-0.64

Annualized std dev of fund-minus-benchmark returns

1.45%

Fund's share of benchmark gains in up months (100 = matches index)

98.3%

Fund's share of benchmark losses in down months (lower is better)

103.6%

Computed vs the Nifty 50 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-0.04%	+0.86%	-0.90%
3M abs	+3.58%	+3.84%	-0.26%
6M abs	-5.75%	+2.34%	-8.09%
1Y CAGR	-4.62%	+3.72%	-8.34%
3Y CAGR	+6.99%	+9.95%	-2.96%
5Y CAGR	—	+9.62%	—

Category average across peers in Index Funds (up to 270 funds with data), 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.

Category rank

Vs 270 peers in Index Funds

1Y return

-4.62%

Beats 8.6% · rank #225

3Y return

+6.99%

Beats 15.9% · rank #112

5Y return

—

Sharpe

0.04

Beats 41.1% · rank #143

Sortino

0.05

Beats 41.1% · rank #142

Rolling returns

Return for every possible 1Y holding period, not just today’s

This fundNifty 50

Average

+8.3%

Median

+7.5%

Best

+27.7%

Worst

-6.5%

Positive periods

77.8%

27 overlapping 1Y windows, sampled monthly across the fund’s history.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-16.1%02 Jan 2026 → 31 Mar 2026
Still below that high — 3 months down, and no recovery yet.
-14.8%26 Sep 2024 → 04 Mar 2025
Fell over 5 months, back to the old high on 19 Nov 2025 — 9 months under water after the low.
-6.8%15 Sep 2023 → 26 Oct 2023
Fell over 41 days, back to the old high on 04 Dec 2023 — 39 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50	Diff
2026part	-8.39%	-7.26%	-1.13%
2025	+9.95%	+10.51%	-0.56%
2024	+9.15%	+8.80%	+0.35%
2023part	+16.11%	—	—

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.

Fund size over time

Quarterly average AUM · AMFI

₹310.47Cr

April - June 2026

+4%

since January - March 2026

At or near its largest, ₹310.47Cr in April - June 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.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.67L

Absolute

+1.93%

XIRR

+1.32%

Value vs. invested

36 monthly installments of ₹10,000 into SBI BSE Sensex Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

803

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Index Funds

Compare all


SBI BSE Sensex Index FundThis fund SBI	★★☆☆☆	-4.62%	+6.99%	—	19.37	0.24%	₹310.47Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential	★★★★☆	+37.86%	+31.72%	—	—	0.63%	₹3,348Cr
ICICI Prudential Nifty Auto Index Fund ICICI Prudential	★★★★☆	+15.89%	+24.43%	—	13.86	0.35%	₹216.49Cr
Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra	★★★★☆	+13.92%	+22.91%	—	27.26	0.35%	₹201.40Cr
Axis Nifty Smallcap 50 Index Fund Axis	★★★★☆	+14.20%	+22.82%	—	27.26	0.34%	₹621.19Cr
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Aditya Birla Sun Life	★★★★☆	+14.08%	+22.78%	+15.04%	27.26	0.58%	₹299.55Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap100.0%
Mid cap0.0%
Small cap0.0%

SBI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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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 simply track a benchmark such as the Nifty 50 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.

Frequently asked questions

What is the NAV of SBI BSE Sensex Index Fund?

As of 20 Aug 2026, the NAV of SBI BSE Sensex Index Fund is ₹12.80 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has SBI BSE Sensex Index Fund delivered?

SBI BSE Sensex Index Fund has returned -4.62% over 1 year, +6.99% per year over 3 years and +7.87% 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 BSE Sensex Index Fund?

SBI BSE Sensex Index Fund charges an expense ratio of 0.24% 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 BSE Sensex Index Fund?

Its largest holdings are HDFC Bank Ltd (13.4%), ICICI Bank Ltd (10.8%), Reliance Industries Ltd (9.6%), Bharti Airtel Ltd (6.2%) and Larsen & Toubro Ltd (5.3%). Holdings are disclosed monthly and change over time.

How risky is SBI BSE Sensex Index Fund?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.1% and its worst peak-to-trough fall in our sample was -16.1%. 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 0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI BSE Sensex Index Fund's 0.04 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of SBI BSE Sensex Index Fund?

SBI BSE Sensex Index Fund is benchmarked against the BSE Sensex Total Return Index. Its alpha and beta on this page are measured against that index.

Who manages SBI BSE Sensex Index Fund?

SBI BSE Sensex Index Fund is managed by Viral Chhadva at SBI.

How is SBI BSE Sensex Index Fund taxed?

SBI BSE Sensex Index Fund 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.