Bajaj Finserv NIFTY Next 50 Index Fund vs SBI Nifty Next 50 Index Fund

Direct Plan, Growth option · Data as on 30-10-2026

Bajaj Finserv NIFTY Next 50 Index Fund is an Index fund and SBI Nifty Next 50 Index Fund is a mutual fund. In the year to 30-10-2026, Bajaj Finserv NIFTY Next 50 Index Fund (Direct) returned −3.5% and SBI Nifty Next 50 Index Fund (Direct) returned −2.8%. Bajaj Finserv NIFTY Next 50 Index Fund charges 0.47% a year and SBI Nifty Next 50 Index Fund 0.43% (Direct plans). Their portfolios overlap 100.3%: they hold 50 of the same securities.

Bajaj Finserv NIFTY Next 50 Index Fund

Index

1 year return: −3.5%
Expense ratio: 0.47%
NAV: ₹10.80

See Bajaj Finserv NIFTY Next 50 Index Fund

SBI Nifty Next 50 Index Fund

1 year return: −2.8%
Expense ratio: 0.43%
NAV: ₹18.81

See SBI Nifty Next 50 Index Fund

Which is better, Bajaj Finserv NIFTY Next 50 Index or SBI Nifty Next 50 Index? Key differences

It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

SBI Nifty Next 50 Index returned more over 1 year: −2.8% against −3.5%.
SBI Nifty Next 50 Index costs less: 0.43% a year against 0.47% (Direct plans).
SBI Nifty Next 50 Index fell less in its worst fall since 14-05-2025: −14.4% against −14.8%.
SBI Nifty Next 50 Index is the larger fund: ₹2,318 Cr against ₹29 Cr.
Their portfolios overlap 100.3%: 50 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Bajaj Finserv NIFTY Next 50 Index Fund (Direct)
+3.6%
SBI Nifty Next 50 Index Fund (Direct)
+4.3%

Change in NAV from 14-05-2025 to 30-10-2026

−5%0%+5%+10%+15%+20%

Key facts

From each fund's scheme summary document and AMFI

Fact	Bajaj Finserv NIFTY Next 50 Index Fund	SBI Nifty Next 50 Index Fund
Fund house	Bajaj Finserv Mutual Fund	SBI Mutual Fund
Category	Index	Not available
AUM	₹29 Cr (30-09-2026)	₹2,318 Cr (30-09-2026)
NAV	₹10.80 (Direct)	₹18.81 (Direct)
Expense ratio (Direct)	0.47%	0.43%
Expense ratio (Regular)	1.18%	0.81%
Riskometer	Very High	Not available
Benchmark	Nifty Next 50 TRI	Not available
Launch date	12-05-2025	Not available
Minimum investment	₹5,000	Not available
Lock in	None	Not available
Fund managers	Ilesh Savla	Not available
Exit load	Nil	Not available

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Returns Comparison

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Fund	1M	3M	6M	1Y	3Y	5Y	10Y
Bajaj Finserv NIFTY Next 50 Index Fund (Direct)	−2.91%	−6.66%	−2.50%	−3.47%	--	--	--
SBI Nifty Next 50 Index Fund (Direct)	−2.89%	−6.70%	−2.44%	−2.83%	+16.10%	+10.54%	--

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Year-wise Returns

Year	Bajaj FinservBajaj Finserv NIFTY Next 50 Index	SBISBI Nifty Next 50 Index	Nifty Next 50 TRI
2026to date	−2.33%	−1.82%	−1.53%
2025	--	+2.56%	+2.90%
2024	--	+27.81%	+28.37%
2023	--	+26.86%	+27.24%
2022	--	+0.53%	+0.96%

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Rolling Returns

Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of both

Rolling returns

Every 1-year holding period, 115 of them, one for each trading day from 14-05-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

−10%−5%0%5%10%15%20%

May 2025
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026

Bajaj Finserv NIFTY Next 50 Index Fund (Direct)SBI Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	Mean	Median	Lowest	Highest	Beat benchmark
Bajaj Finserv NIFTY Next 50 Index	11.3	34.8	40.0	13.9	0.0	5.4%	5.2%	−5.2%	14.1%	0%
SBI Nifty Next 50 Index	8.6	25.9	47.4	18.1	0.0	6.1%	6.0%	−4.6%	14.8%	0%
Nifty Next 50 TRI	6.1	27.0	47.8	18.3	0.9	6.5%	6.3%	−4.3%	15.2%	--

The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Next 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 14-05-2025. Past returns do not promise future returns.

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: SIP and Lumpsum Returns

What the same monthly or one-time investment would be worth in each fund today, from their own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 14-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Bajaj Finserv NIFTY Next 50 IndexBajaj Finserv NIFTY Next 50 Index Fund (Direct)	₹1,80,000	₹1,77,715	−₹2,285	−1.6%
SBI Nifty Next 50 IndexSBI Nifty Next 50 Index Fund (Direct)	₹1,80,000	₹1,78,561	−₹1,439	−1.0%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L

2026

Bajaj Finserv NIFTY Next 50 IndexBajaj Finserv NIFTY Next 50 Index Fund (Direct)SBI Nifty Next 50 IndexSBI Nifty Next 50 Index Fund (Direct)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Risk and Drawdowns

How much each fund swings, and the worst fall over the same days

Risk and return

Measure	Bajaj Finserv NIFTY Next 50 Index Fund (Direct)	SBI Nifty Next 50 Index Fund (Direct)
Return (CAGR)	−3.47%	−2.83%
Standard deviation	17.35%	17.38%
Sharpe ratio	-0.50	-0.46
Sortino ratio	-0.67	-0.62
Maximum drawdown	−14.8% (31-03-2026)	−14.4% (31-03-2026)
Beta	1.00	1.00
Alpha	−0.99%	−0.33%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Measure	Bajaj Finserv NIFTY Next 50 Index Fund (Direct)	SBI Nifty Next 50 Index Fund (Direct)
Return (CAGR)	+2.45%	+12.23%
Standard deviation	15.74%	17.33%
Sharpe ratio	-0.18	0.38
Sortino ratio	-0.25	0.51
Maximum drawdown	−14.8% (31-03-2026)	−26.5% (28-02-2025)
Beta	1.00	1.00
Alpha	−0.86%	−0.40%

From daily NAVs, 14-05-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−15%−10%−5%0%

2026

Bajaj Finserv NIFTY Next 50 Index Fund (Direct)SBI Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI

Fund	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bajaj Finserv NIFTY Next 50 Index Fund (Direct)	−14.8%	07-01-2026	31-03-2026	22-04-2026	22 days	−9.3%
SBI Nifty Next 50 Index Fund (Direct)	−14.4%	07-01-2026	31-03-2026	21-04-2026	21 days	−9.4%
Nifty Next 50 TRI	−14.4%	26-02-2026	30-03-2026	21-04-2026	22 days	−9.3%

From daily values since 14-05-2025, the first day every fund has.

Rolling standard deviation

Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

0%5%10%15%20%

Bajaj Finserv NIFTY Next 50 Index Fund (Direct)SBI Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI

Against Nifty Next 50 TRI

Fund	Up capture	Down capture	Tracking error
Bajaj Finserv NIFTY Next 50 Index Fund (Direct)	97%	101%	0.28%
SBI Nifty Next 50 Index Fund (Direct)	99%	101%	0.05%

From month-end values since 14-05-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Portfolio Overlap

From each fund's latest monthly portfolio: Bajaj Finserv NIFTY Next 50 Index Fund, September 2026; SBI Nifty Next 50 Index Fund, September 2026

Holdings in common

Overlap: 100.3%
Held by both: 50
Only in Bajaj Finserv NIFTY Next 50 Index: 0
Only in SBI Nifty Next 50 Index: 0

Security	% of Bajaj Finserv NIFTY Next 50 Index	% of SBI Nifty Next 50 Index
Divi's Laboratories Limited	4.85%	4.86%
TVS Motor Company Limited	3.96%	3.97%
Hindustan Aeronautics Limited	3.64%	3.64%
Tata Motors Ltd	3.62%	3.63%
Adani Power Limited	3.49%	3.49%
Samvardhana Motherson International Limited	2.96%	2.97%
Torrent Pharmaceuticals Limited	2.90%	2.91%
Cholamandalam Investment and Finance Company Ltd	2.89%	2.89%
Vedanta Aluminium Metal Limited	2.88%	2.88%
Cummins India Limited	2.64%	2.65%
Avenue Supermarts Limited	2.52%	2.52%
Bharat Petroleum Corporation Limited	2.50%	2.50%
Tata Power Company Limited	2.48%	2.48%
Varun Beverages Limited	2.43%	2.43%
CG Power and Industrial Solutions Limited	2.41%	2.41%
Britannia Industries Limited	2.34%	2.34%
Indian Oil Corporation Limited	2.07%	2.07%
Solar Industries India Limited	1.97%	1.97%
Power Finance Corporation Limited	1.95%	1.95%
Bajaj Holdings & Investment Limited	1.92%	1.92%
HDFC Asset Management Company Limited	1.91%	1.92%
GAIL (India) Limited	1.89%	1.89%
Pidilite Industries Limited	1.87%	1.87%
Vedanta Limited	1.87%	1.88%
DLF Limited	1.78%	1.78%
Polycab India Limited	1.76%	1.77%
Bank of Baroda	1.76%	1.76%
Adani Green Energy Limited	1.76%	1.76%
Wipro Limited	1.76%	1.77%
Adani Energy Solutions Limited	1.76%	1.76%
Jindal Steel Limited	1.73%	1.73%
Bosch Limited	1.68%	1.68%
Canara Bank	1.65%	1.65%
Punjab National Bank	1.60%	1.60%
Hitachi Energy India Limited	1.60%	1.60%
LTM Limited	1.54%	1.55%
ABB India Limited	1.46%	1.46%
Vodafone Idea Limited	1.46%	1.47%
Godrej Consumer Products Limited	1.40%	1.41%
Union Bank of India	1.36%	1.36%
Siemens Limited	1.35%	1.35%
Muthoot Finance Limited	1.21%	1.21%
Hyundai Motor India Ltd	1.19%	1.19%
Zydus Lifesciences Limited	1.18%	1.19%
Siemens Energy India Limited	1.16%	1.16%
Hindustan Zinc Limited	1.12%	1.12%
Ambuja Cements Limited	0.96%	0.96%
Tata Capital Limited	0.74%	0.74%
Indian Railway Finance Corporation Limited	0.73%	0.73%
Mazagon Dock Shipbuilders Limited	0.66%	0.66%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 100.3% means 100.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.

Largest holdings only in Bajaj Finserv NIFTY Next 50 Index Fund

Every holding of this fund is also held by the other.

Largest holdings only in SBI Nifty Next 50 Index Fund

Every holding of this fund is also held by the other.

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	Bajaj Finserv NIFTY Next 50 Index	SBI Nifty Next 50 Index
Equity	100.3%	100.5%
Debt	0.0%	0.0%
Cash and others	-0.3%	-0.5%

Market cap of stocks

Market cap	Bajaj Finserv NIFTY Next 50 Index	SBI Nifty Next 50 Index
Large Cap	95.6%	95.8%
Mid Cap	4.7%	4.7%
Small Cap	0.0%	0.0%

Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Largest sectors

Sector	Bajaj Finserv NIFTY Next 50 Index	SBI Nifty Next 50 Index
Power	9.5%	9.5%
Finance	9.4%	9.4%
Pharmaceuticals & Biotechnology	8.9%	9.0%
Electrical Equipment	8.0%	8.0%
Banks	6.4%	6.4%
Automobiles	5.2%	5.2%

The six largest sectors of each fund's stocks, % of the fund.

Bajaj Finserv NIFTY Next 50 Index vs SBI Nifty Next 50 Index: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	Bajaj Finserv NIFTY Next 50 Index Fund	SBI Nifty Next 50 Index Fund
Total expense ratio (Direct)	0.47%	0.43%
Base expense ratio (Direct)	0.30%	0.26%
Total expense ratio (Regular)	1.18%	0.81%
Base expense ratio (Regular)	0.90%	0.59%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.

Bajaj Finserv NIFTY Next 50 Index Fund vs SBI Nifty Next 50 Index Fund: Frequently Asked Questions

What is the difference between Bajaj Finserv NIFTY Next 50 Index Fund and SBI Nifty Next 50 Index Fund?

Bajaj Finserv NIFTY Next 50 Index Fund is an Index fund, SBI Nifty Next 50 Index Fund is a mutual fund, run by Bajaj Finserv Mutual Fund and SBI Mutual Fund. Their portfolios overlap 100.3%. Bajaj Finserv NIFTY Next 50 Index Fund charges 0.47% a year and SBI Nifty Next 50 Index Fund 0.43%.

Which has given higher returns, Bajaj Finserv NIFTY Next 50 Index Fund or SBI Nifty Next 50 Index Fund?

Over 1 year: Bajaj Finserv NIFTY Next 50 Index Fund −3.47%, SBI Nifty Next 50 Index Fund −2.83%. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, Bajaj Finserv NIFTY Next 50 Index Fund or SBI Nifty Next 50 Index Fund?

SBI Nifty Next 50 Index Fund charges less: 0.43% a year against 0.47%. These are the Direct plans' total expense ratios reported to AMFI.

How much do Bajaj Finserv NIFTY Next 50 Index Fund and SBI Nifty Next 50 Index Fund overlap?

100.3%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.

Can I invest in both Bajaj Finserv NIFTY Next 50 Index Fund and SBI Nifty Next 50 Index Fund?

Yes. 100.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.