SBI Nifty Bank Index Fund Regular Growth is a mutual fund scheme from SBI Funds Management Ltd. The fund was launched on 6 February 2025 and is managed by Viral Chhadva. As of 15 October 2026, the fund has an AUM of ₹199.01 Cr and its latest NAV is ₹11.11. 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 and its top holdings include HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, and State Bank of India. The fund has delivered -2.1% returns over the last 1 year and 5.9% annualised returns since inception.
SBI Nifty Bank Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






