SBI Sensex ETF Review 2026: SBISENSEX Price, Returns, Holdings & Should You Invest?
India’s largest Sensex-tracking ETF, the **SBI Mutual Fund – SBI Sensex ETF** (Symbol: SBISENSEX), continues to be a popular choice among passive investors seeking low-cost exposure to India’s top 30 companies. Here is a clear, data-driven overview based on the latest figures from Groww.
### Fund Basics at a Glance
– **Current Price**: ₹834.45 (down 0.23% or ₹1.96 on the day)
– **NAV**: ₹834.89
– **AUM**: ₹1,18,105 Cr
– **Expense Ratio**: 0.04%
– **Tracking Error**: 0.02%
– **Inception**: 2013
– **Benchmark**: BSE Sensex TRI
– **Fund Manager**: Raviprakash Sharma
The ETF has a very low expense ratio and one of the lowest tracking errors in the category, making it cost-efficient for long-term investors.
### Performance
As per latest available data on Groww:
– **1 Year Returns**: -7.06%
– **3 Year Returns**: 7.56%
– **5 Year Returns**: 10.12%
– **Since Inception**: 12.44%
The fund has underperformed the category average in the 1-year and 3-year periods but remains close to the benchmark over longer horizons, as expected from an index-tracking ETF.
### Portfolio and Sector Allocation
The SBI Sensex ETF invests in the 30 constituent stocks of the BSE Sensex in similar proportions.
Major sector weights include:
– Banks: 34.78%
– Refineries: 10.63%
– IT – Software: 9.7%
– Telecom Service: 5.91%
– Infrastructure Developers & Operators: 5.15%
**Top Holdings** (approximate allocation):
– HDFC Bank: 12.91%
– Reliance Industries: 10.63%
– ICICI Bank: 9.93%
– Bharti Airtel: 5.91%
– Larsen & Toubro: 5.15%
Other key holdings include State Bank of India, Infosys, Axis Bank, ITC, and Kotak Mahindra Bank.
### Investment Objective
The fund aims to provide returns that, before expenses, closely correspond to the total returns of the BSE Sensex by holding the index stocks in the same proportion.
### Who May Consider This ETF?
This ETF suits investors looking for:
– Low-cost, passive exposure to large-cap Indian equities
– High liquidity due to large AUM
– Simple way to invest in India’s blue-chip companies without stock selection risk
It carries **Very High** risk, in line with equity market volatility.
### Comparison with Peers
The SBI Sensex ETF stands out with one of the lowest expense ratios (0.04%) and a massive AUM compared to other Sensex ETFs like UTI BSE Sensex ETF. This generally translates into better liquidity and tighter tracking.
**Bottom line:** The SBI Sensex ETF offers a straightforward, low-cost way to track the BSE Sensex. It performs in line with the index and benefits from very low costs and large size. There is no single “best” ETF — your choice should depend on your investment horizon, risk tolerance, and preference for Sensex vs Nifty exposure.
**Disclaimer:** Mutual fund and ETF investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided here is for informational purposes only and should not be construed as investment advice. Readers are advised to seek independent financial advice before making any investment decisions.