Edelweiss Mutual Fund
Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth
Index / ETF
+16.1% 3Y CAGR
SBI Mutual Fund
Index / ETF · Direct · Growth
NAV as of 31 Oct 2026 · Source: AMFI
SBI Nifty Next 50 Index Fund is an Index / ETF fund from SBI Mutual Fund, with NAVs going back to May 2021. This page covers its direct plan, growth option. It manages ₹2,365 crore, the 4th largest of 17 funds tracking the Nifty Next 50 TRI. Its expense ratio is 0.43% a year, higher than the median of 0.42% for funds tracking the Nifty Next 50 TRI.
Over the last three years it returned 16.22% a year, 1st of 12 funds tracking the Nifty Next 50 TRI (median 16.01%). Over five years it returned 10.27% a year, 6th of 6. It is 0.42 percentage points a year behind its benchmark, the Nifty Next 50 TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 26.5%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 31 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-2.47%
3 Years
+16.22%
5 Years
+10.27%
Since launch (26 May 2021)
+12.22%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -2.46% | -2.12% | -0.34 pts |
| 3 Years | +16.35% | +16.77% | -0.42 pts |
| 5 Years | +10.67% | +11.08% | -0.41 pts |
| Since launch | +12.42% | +12.84% | -0.42 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
18.5%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-26.5%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 26 May 2021.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on SBI Mutual Fund's website before you invest.
Funds next to SBI Nifty Next 50 Index Fund, tracking the same index, ranked by 3-year return.
Edelweiss Mutual Fund
Index / ETF
+16.1% 3Y CAGR
Kotak Mahindra Mutual Fund
Index / ETF
+16.1% 3Y CAGR
SBI Nifty Next 50 Index Fund - Direct Plan - Growth
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