Baroda BNP Paribas Nifty 50 Index Fund vs SBI NIFTY Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Nifty 50 Index Fund is a mutual fund and SBI NIFTY Index Fund is an Index fund. In the year to 30-10-2026, Baroda BNP Paribas Nifty 50 Index Fund (Direct) returned −10.2% and SBI NIFTY Index Fund (Direct) returned −10.2%. Baroda BNP Paribas Nifty 50 Index Fund charges 0.48% a year and SBI NIFTY Index Fund 0.24% (Direct plans). Their portfolios overlap 99.7%: they hold 50 of the same securities.
Baroda BNP Paribas Nifty 50 Index Fund
- 1 year return
- −10.2%
- Expense ratio
- 0.48%
- NAV
- ₹10.90
Which is better, Baroda BNP Paribas Nifty 50 Index or SBI NIFTY Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Baroda BNP Paribas Nifty 50 Index returned more over 1 year: −10.2% against −10.2%.
- SBI NIFTY Index costs less: 0.24% a year against 0.48% (Direct plans).
- Baroda BNP Paribas Nifty 50 Index fell less in its worst fall since 30-01-2024: −15.5% against −15.5%.
- SBI NIFTY Index is the larger fund: ₹13,190 Cr against ₹50 Cr.
- Their portfolios overlap 99.7%: 50 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas Nifty 50 Index Fund | SBI NIFTY Index Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | SBI Mutual Fund |
| Category | Not available | Index |
| AUM | ₹50 Cr (30-09-2026) | ₹13,190 Cr (30-09-2026) |
| NAV | ₹10.90 (Direct) | ₹215.76 (Direct) |
| Expense ratio (Direct) | 0.48% | 0.24% |
| Expense ratio (Regular) | 0.78% | 0.44% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 50 TRI |
| Launch date | Not available | 17-01-2002 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Raviprakash Sharma |
| Exit load | Not available | Exit load of 0.25% if redeemed within 30 days |
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY 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 |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Nifty 50 Index Fund (Direct) | +1.92% | −5.05% | −3.22% | −10.20% | -- | -- | -- |
| SBI NIFTY Index Fund (Direct) | +1.94% | −5.06% | −3.24% | −10.22% | +7.34% | +6.43% | +11.22% |
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY Index: Year-wise Returns
| Year | Baroda BNP Paribas Nifty 50Baroda BNP Paribas Nifty 50 Index | SBI NIFTYSBI NIFTY Index | Nifty 50 TRI |
|---|---|---|---|
| 2026to date | −11.12% | −11.09% | −10.91% |
| 2025 | +11.51% | +11.58% | +11.88% |
| 2024 | -- | +9.80% | +10.09% |
| 2023 | -- | +21.04% | +21.30% |
| 2022 | -- | +5.43% | +5.69% |
| 2021 | -- | +25.10% | +25.59% |
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY Index: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 430 of them, one for each trading day from 30-01-2025 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.
Baroda BNP Paribas Nifty 50 Index Fund (Direct)
SBI NIFTY Index Fund (Direct)
Nifty 50 TRI
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Nifty 50 Index | 34.0 | 22.6 | 28.1 | 15.3 | 0.0 | 0.0 | 0.0 | 3.0% | 2.9% | −12.0% | 14.0% | 0% |
| SBI NIFTY Index | 33.9 | 21.8 | 28.9 | 15.4 | 0.0 | 0.0 | 0.0 | 3.1% | 3.0% | −12.0% | 14.8% | 0% |
| Nifty 50 TRI | 32.1 | 23.3 | 26.5 | 18.1 | 0.0 | 0.0 | 0.0 | 3.3% | 3.3% | −11.8% | 14.3% | -- |
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 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 30-01-2024. Past returns do not promise future returns.
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY 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
₹10,000 on the first trading day of every month, from 30-01-2024 to 30-10-2026: 34 instalments, ₹3,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas Nifty 50 IndexBaroda BNP Paribas Nifty 50 Index Fund (Direct) | ₹3,40,000 | ₹3,31,514 | −₹8,486 | −1.7% |
| SBI NIFTY IndexSBI NIFTY Index Fund (Direct) | ₹3,40,000 | ₹3,31,502 | −₹8,498 | −1.7% |
Baroda BNP Paribas Nifty 50 IndexBaroda BNP Paribas Nifty 50 Index Fund (Direct)
SBI NIFTY IndexSBI NIFTY 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.
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Nifty 50 Index Fund (Direct) | SBI NIFTY Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.20% | −10.22% |
| Standard deviation | 13.63% | 13.62% |
| Sharpe ratio | -1.13 | -1.14 |
| Sortino ratio | -1.51 | -1.52 |
| Maximum drawdown | −15.2% (30-03-2026) | −15.1% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.19% | −0.23% |
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 | Baroda BNP Paribas Nifty 50 Index Fund (Direct) | SBI NIFTY Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.49% | +10.95% |
| Standard deviation | 13.30% | 15.84% |
| Sharpe ratio | -0.18 | 0.31 |
| Sortino ratio | -0.25 | 0.42 |
| Maximum drawdown | −15.5% (04-03-2025) | −38.4% (23-03-2020) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.30% | −0.62% |
From daily NAVs, 30-01-2024 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.
Baroda BNP Paribas Nifty 50 Index Fund (Direct)
SBI NIFTY Index Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Nifty 50 Index Fund (Direct) | −15.5% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.8% |
| SBI NIFTY Index Fund (Direct) | −15.5% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.8% |
| Nifty 50 TRI | −15.4% | 26-09-2024 | 04-03-2025 | 23-10-2025 | 8 months | −11.6% |
From daily values since 30-01-2024, 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.
Baroda BNP Paribas Nifty 50 Index Fund (Direct)
SBI NIFTY Index Fund (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas Nifty 50 Index Fund (Direct) | 99% | 101% | 0.12% |
| SBI NIFTY Index Fund (Direct) | 99% | 101% | 0.01% |
From month-end values since 30-01-2024. 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.
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY Index: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Nifty 50 Index Fund, September 2026; SBI NIFTY Index Fund, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 50
- Only in Baroda BNP Paribas Nifty 50 Index
- 0
- Only in SBI NIFTY Index
- 0
| Security | % of Baroda BNP Paribas Nifty 50 Index | % of SBI NIFTY Index |
|---|---|---|
| HDFC Bank Limited | 10.40% | 10.40% |
| ICICI Bank Limited | 9.03% | 9.07% |
| Reliance Industries Limited | 7.60% | 7.60% |
| Bharti Airtel Limited | 5.04% | 5.12% |
| Larsen & Toubro Limited | 4.19% | 4.21% |
| State Bank of India | 3.77% | 3.80% |
| Axis Bank Limited | 3.38% | 3.37% |
| Infosys Limited | 3.39% | 3.36% |
| Kotak Mahindra Bank Limited | 2.87% | 2.94% |
| Mahindra & Mahindra Limited | 2.53% | 2.52% |
| Bajaj Finance Limited | 2.53% | 2.51% |
| ITC Limited | 2.41% | 2.43% |
| Eternal Limited | 2.22% | 2.22% |
| Tata Consultancy Services Limited | 2.01% | 2.00% |
| Titan Company Limited | 1.85% | 1.81% |
| Sun Pharmaceutical Industries Limited | 1.81% | 1.84% |
| Hindustan Unilever Limited | 1.61% | 1.60% |
| Maruti Suzuki India Limited | 1.49% | 1.49% |
| NTPC Limited | 1.45% | 1.47% |
| Tata Steel Limited | 1.44% | 1.46% |
| Adani Ports and Special Economic Zone Limited | 1.32% | 1.35% |
| Bharat Electronics Limited | 1.32% | 1.33% |
| Shriram Finance Limited | 1.31% | 1.32% |
| Hindalco Industries Limited | 1.30% | 1.31% |
| UltraTech Cement Limited | 1.25% | 1.24% |
| HCL Technologies Limited | 1.25% | 1.24% |
| BSE Limited | 1.18% | 1.21% |
| JSW Steel Limited | 1.15% | 1.16% |
| Bajaj Auto Limited | 1.14% | 1.14% |
| Power Grid Corporation of India Limited | 1.12% | 1.13% |
| Grasim Industries Limited | 1.11% | 1.11% |
| InterGlobe Aviation Limited | 1.08% | 1.08% |
| Asian Paints Limited | 1.03% | 1.04% |
| Coal India Limited | 0.96% | 0.97% |
| Bajaj Finserv Limited | 0.96% | 0.96% |
| Eicher Motors Limited | 0.94% | 0.94% |
| Tech Mahindra Limited | 0.93% | 0.93% |
| Adani Enterprises Limited | 0.92% | 0.94% |
| Nestle India Limited | 0.90% | 0.90% |
| Oil & Natural Gas Corporation Limited | 0.83% | 0.84% |
| Trent Limited | 0.83% | 0.84% |
| Apollo Hospitals Enterprise Limited | 0.81% | 0.80% |
| Cipla Limited | 0.72% | 0.73% |
| SBI Life Insurance Company Limited | 0.72% | 0.73% |
| Dr. Reddy's Laboratories Limited | 0.70% | 0.72% |
| Jio Financial Services Limited | 0.68% | 0.68% |
| Max Healthcare Institute Limited | 0.67% | 0.66% |
| Tata Consumer Products Limited | 0.59% | 0.59% |
| Tata Motors Passenger Vehicles Limited | 0.57% | 0.57% |
| HDFC Life Insurance Company Limited | 0.54% | 0.54% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.7% means 99.7% 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 Baroda BNP Paribas Nifty 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in SBI NIFTY 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 | Baroda BNP Paribas Nifty 50 Index | SBI NIFTY Index |
|---|---|---|
| Equity | 99.9% | 100.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | -0.2% |
Market cap of stocks
| Market cap | Baroda BNP Paribas Nifty 50 Index | SBI NIFTY Index |
|---|---|---|
| Large Cap | 98.5% | 98.8% |
| Mid Cap | 1.4% | 1.4% |
| 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 | Baroda BNP Paribas Nifty 50 Index | SBI NIFTY Index |
|---|---|---|
| Banks | 29.4% | 29.6% |
| Petroleum Products | 7.6% | 7.6% |
| IT - Software | 7.6% | 7.5% |
| Automobiles | 6.7% | 6.7% |
| Finance | 5.5% | 5.5% |
| Telecom - Services | 5.0% | 5.1% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas Nifty 50 Index vs SBI NIFTY Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Nifty 50 Index Fund | SBI NIFTY Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.48% | 0.24% |
| Base expense ratio (Direct) | 0.22% | 0.16% |
| Total expense ratio (Regular) | 0.78% | 0.44% |
| Base expense ratio (Regular) | 0.48% | 0.33% |
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.
Baroda BNP Paribas Nifty 50 Index Fund vs SBI NIFTY Index Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Nifty 50 Index Fund and SBI NIFTY Index Fund?
Baroda BNP Paribas Nifty 50 Index Fund is a mutual fund, SBI NIFTY Index Fund is an Index fund, run by Baroda BNP Paribas Mutual Fund and SBI Mutual Fund. Their portfolios overlap 99.7%. Baroda BNP Paribas Nifty 50 Index Fund charges 0.48% a year and SBI NIFTY Index Fund 0.24%.
Which has given higher returns, Baroda BNP Paribas Nifty 50 Index Fund or SBI NIFTY Index Fund?
Over 1 year: Baroda BNP Paribas Nifty 50 Index Fund −10.20%, SBI NIFTY Index Fund −10.22%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas Nifty 50 Index Fund or SBI NIFTY Index Fund?
SBI NIFTY Index Fund charges less: 0.24% a year against 0.48%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Nifty 50 Index Fund and SBI NIFTY Index Fund overlap?
99.7%. They hold 50 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Nifty 50 Index Fund and SBI NIFTY Index Fund?
Yes. 99.7% 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.