MF Gyan
indexHigh risk5 years oldSteady vs its 3-year pace

SBI Nifty Next 50 Index Fund - Direct Plan - Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From SBI Mutual Fund. It's been running since 26 May 2021.

Latest price per unit
₹20.2473
▼ 0.24% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹9.2k gain · 9.2% / year
Invested 3 years ago
₹1.64 L
▲ ₹63.5k gain · 17.8% / year
Invested 5 years ago
₹1.76 L
▲ ₹75.7k gain · 11.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.05 L
Gain / loss+₹25.5k
XIRR (annualised)9.23%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.08 L
Projected gain*+₹28.1k
*at this fund's historical rate of 9.23% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Other Scheme - Index Funds

Same plan
1-year return
9.16%median 5.83% (+3.34%)
Rank #96 of 501Beats 81% of peers
3-year return
17.82%median 7.64% (+10.18%)
Rank #25 of 501Beats 91% of peers
5-year return
11.93%median 7.97% (+3.96%)
Rank #19 of 501Beats 77% of peers
Bumpiness (3Y)
18.40%median 13.31% (+5.09%)
Rank #392 of 501Less risky than 22% of peers
Worst-ever drop
-26.50%median -17.31% (-9.19%)
Rank #129 of 501Less risky than 74% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 6 years were positive.

+14%
2021
-0%
2022
+27%
2023
+28%
2024
+2%
2025
+5%
2026
Best year
2024 · 27.66%
Worst year
2022 · -0.25%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
18.4%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-26.50%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of SBI Nifty Next 50 Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year9.16%
CAGR — 3 years17.82%
CAGR — 5 years11.93%
CAGR — since launch14.19%
Volatility — 1 year (annualised)16.54%
Volatility — 3 years (annualised)18.40%
Max drawdown — 1 year-14.43%
Max drawdown — 3 years-26.50%
Sharpe ratio — 1 year (rf=6%)0.17
Sharpe ratio — 3 years (rf=6%)0.58

Fund info

Fund house
SBI Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF200KA1W00
ISIN (Div re-invest)
—
Fund code
148945
First price on record
26 May 2021 · 1,312 daily prices

About SBI Nifty Next 50 Index Fund - Direct Plan - Growth

SBI Nifty Next 50 Index Fund - Direct Plan - Growth is a Other Scheme - Index Funds offered by SBI Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of SBI Nifty Next 50 Index Fund - Direct Plan - Growth is ₹20.2473 (as of 4 Sep 2026). Historically, it has delivered 9.16% over the last year, 17.82% CAGR over 3 years, 11.93% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.4% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of SBI Nifty Next 50 Index Fund - Direct Plan - Growth?+

The latest NAV of SBI Nifty Next 50 Index Fund - Direct Plan - Growth is ₹20.2473 as of 4 Sep 2026, down 0.24% from the previous day. NAV is updated once a business day after the market close.

What are the returns of SBI Nifty Next 50 Index Fund - Direct Plan - Growth?+

SBI Nifty Next 50 Index Fund - Direct Plan - Growth has delivered 1-year return 9.16%, 3-year CAGR 17.82%, 5-year CAGR 11.93%, since-inception CAGR 14.19%. Returns are historical and don't predict future performance — markets move in cycles.

What category does SBI Nifty Next 50 Index Fund - Direct Plan - Growth belong to?+

SBI Nifty Next 50 Index Fund - Direct Plan - Growth is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is SBI Nifty Next 50 Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 18.4%, SBI Nifty Next 50 Index Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is SBI Nifty Next 50 Index Fund - Direct Plan - Growth a direct plan?+

SBI Nifty Next 50 Index Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is SBI Nifty Next 50 Index Fund - Direct Plan - Growth?+

SBI Nifty Next 50 Index Fund - Direct Plan - Growth has NAV history available from 26 May 2021 — approximately 5 years of track record and 1,312 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.