MF Gyan
indexHigh risk3 years old

SBI Nifty50 Equal Weight 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 6 Feb 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹12.1863
▲ 0.09% 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
₹1.03 L
▲ ₹3.4k gain · 3.4% / 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₹60.0k
Value today₹60.4k
Gain / loss+₹382
XIRR (annualised)1.37%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹60.4k
Projected gain*+₹448
*at this fund's historical rate of 1.37% 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
3.42%median 5.83% (-2.41%)
Rank #316 of 501Beats 36% of peers
Bumpiness (3Y)
13.83%median 13.31% (+0.52%)
Rank #280 of 501Less risky than 44% of peers
Worst-ever drop
-18.09%median -17.31% (-0.78%)
Rank #240 of 501Less risky than 52% 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. 2 of last 3 years were positive.

+7%
2024
+14%
2025
-2%
2026
Best year
2025 · 13.77%
Worst year
2026 · -2.00%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
13.8%

The value swings roughly 14% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-18.09%

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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year3.42%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch7.22%
Volatility — 1 year (annualised)13.09%
Volatility — 3 years (annualised)13.83%
Max drawdown — 1 year-12.48%
Max drawdown — 3 years-18.09%
Sharpe ratio — 1 year (rf=6%)-0.20
Sharpe ratio — 3 years (rf=6%)0.07

Fund info

Fund house
SBI Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF200KB1027
ISIN (Div re-invest)
—
Fund code
152370
First price on record
6 Feb 2024 · 646 daily prices

About SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth

SBI Nifty50 Equal Weight 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 3 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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth is ₹12.1863 (as of 4 Sep 2026). Historically, it has delivered 3.42% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.8% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 18.1%. 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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth?+

The latest NAV of SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth is ₹12.1863 as of 4 Sep 2026, up 0.09% from the previous day. NAV is updated once a business day after the market close.

What are the returns of SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth?+

SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth has delivered 1-year return 3.42%, since-inception CAGR 7.22%. Returns are historical and don't predict future performance — markets move in cycles.

What category does SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth belong to?+

SBI Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 13.8%, SBI Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth a direct plan?+

SBI Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund - Direct Plan - Growth?+

SBI Nifty50 Equal Weight Index Fund - Direct Plan - Growth has NAV history available from 6 Feb 2024 — approximately 3 years of track record and 646 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.