SBI Nifty 500 Index Fund Regular Growth is a mutual fund scheme from SBI Funds Management Ltd. The fund was launched on 30 September 2024 and is managed by Viral Chhadva. As of 15 October 2026, the fund has an AUM of ₹733.87 Cr and its latest NAV is ₹9.16. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹500 and lumpsum investment starting from ₹5,000.
The fund primarily invests in Financial Services, Consumer Cyclical, and Industrials and its top holdings include HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, and Larsen & Toubro Ltd. The fund has delivered -4.9% returns over the last 1 year and -4.5% annualised returns since inception.
SBI Nifty 500 Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






