SBI Nifty Next 50 Index Fund
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Growthvine rating: 5/5 — ranked #14 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹18.69 (as of 2026-10-01) |
|---|
| AUM | ₹2,366 Cr |
|---|
| Expense ratio | 0.59% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Viral Chhadva |
|---|
| Exit load | 0.25% for redemption within 30 days |
|---|
Performance & risk
| 5-year annualised return | 10.23% |
|---|
| Sharpe ratio | 0.67 |
|---|
| Standard deviation | 20.01% |
|---|
| Max drawdown | −26.63% |
|---|
| Alpha | 6.36 |
|---|
| Beta | 1.29 |
|---|
Market cap allocation
| Large cap | 86.9% |
|---|
| Mid cap | 13.1% |
|---|
| Small cap | 0.0% |
|---|
Concentration
| Top 5 holdings | 19.5% |
|---|
| Top 10 holdings | 33.8% |
|---|
| Total holdings | 50 |
|---|
Top holdings
- Divis Laboratories Ltd. — 4.7%
- TVS Motor Company Ltd. — 4.0%
- Tata Motors Limited — 3.9%
- Hindustan Aeronautics Limited — 3.6%
- Adani Power Limited — 3.2%
- Cholamandalam Investment and Finance Company Ltd — 3.2%
- Samvardhana Motherson International Limited — 3.0%
- Torrent Pharmaceuticals Ltd. — 2.9%
- Cummins India Ltd. — 2.7%
- Bharat Petroleum Corpn. Ltd. — 2.6%
Top sectors
- Finance & Investments — 11.3%
- Automobile — 9.9%
- Energy — 9.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −0.3% | — | — |
| 2025 | 2.2% | — | — |
| 2024 | 27.2% | — | — |
| 2023 | 26.2% | — | — |
| 2022 | 0.0% | — | — |