--- title: "SBIN in RupeeCase index algos | State Bank of India" description: "State Bank of India (NSE: SBIN): held by 1 of 18 RupeeCase index algos on their latest lists, NSE sector Financial Services." source_url: "https://www.rupeecase.com/stocks/SBIN" --- NSE: SBIN, Financial Services Data as of 3 Jul 2026 # SBIN State Bank of India **State Bank of India (SBIN)** is an NSE Financial Services stock held in **1 of the 18** RupeeCase model lists as of 3 Jul 2026, and by 11 more earlier in the record. Record to 3 Jul 2026. Held by1of 18 index algos, latest lists Ever held by12index algos since May 2021 First on a list14 May 2021Large Cap Multi Asset Record to3 Jul 2026last list naming it [See Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight) [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=nifty-50-equal-weight) Financial Services is 10.9% of the names on the latest lists Average share of each NSE sector across the equity names of the 18 latest published lists, at equal weight; SBIN sits in Financial Services. The algos do not target sectors. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists, NSE sector classification of 9 Oct 2026. As of 3 Jul 2026. **On the list, May 2021 to 3 Jul 2026**12 index algos in the record * On the latest published list * Held earlier in the record Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page. 01Holders ## Which RupeeCase index algos hold SBIN? One of the 18 latest published model lists names SBIN: Nifty 50 Equal Weight, record to 3 Jul 2026. One card per list, equal weighted; the line is that index algo's model record. * [Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight)3 Jul 2026 **1 of 44 names**, about 2.3%; model CAGR 16.4%, every 4 weeks. [Rebalance of 3 Jul 2026](/rebalance/nifty-50-equal-weight/#2026-07-03) The index algo holding SBIN: model CAGR against the index line Each algo's whole list, not this stock alone: growth of the model portfolio a year over its back test, after charges. Model, back tested, not actual client returns. Source: RupeeCase published model record (lineup.json), monthly. As of 27 Apr 2026. 02On and off the list ## How often has SBIN moved on and off the lists? 43 moves in the model record since May 2021: 20 entries and 23 exits across the 18 lists, the latest an exit from Focused Largecap 20 on 5 Jun 2026. Newest first; each row opens that rebalance. 1. 5 Jun 2026[Focused Largecap 20](/rebalance/focused-largecap-20/#2026-06-05)Out 2. 8 May 2026[Large Midcap](/rebalance/large-midcap/#2026-05-08)Out 3. 8 May 2026[Largecap Hybrid](/rebalance/largecap-hybrid/#2026-05-08)Out 4. 8 May 2026[Large Cap Multi Asset](/rebalance/largecap-multi-asset/#2026-05-08)Out 5. 24 Apr 2026[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2026-04-24)Out 6. 24 Apr 2026[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2026-04-24)Out 18 earlier moves 1. 24 Apr 2026[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2026-04-24)Out 2. 10 Apr 2026[Allcap](/rebalance/allcap/#2026-04-10)Out 3. 27 Mar 2026[Allcap Multi Asset](/rebalance/allcap-multi-asset/#2026-03-27)Out 4. 27 Mar 2026[Midcap Smallcap](/rebalance/midcap-smallcap/#2026-03-27)Out 5. 27 Mar 2026[TotalMarket Hybrid](/rebalance/totalmarket-hybrid/#2026-03-27)Out 6. 27 Feb 2026[Midcap Smallcap](/rebalance/midcap-smallcap/#2026-02-27)In 7. 30 Jan 2026[Allcap](/rebalance/allcap/#2026-01-30)In 8. 30 Jan 2026[Allcap Multi Asset](/rebalance/allcap-multi-asset/#2026-01-30)In 9. 30 Jan 2026[Dynamic Asset Allocator](/rebalance/dynamic-asset-allocator/#2026-01-30)In 10. 30 Jan 2026[TotalMarket Hybrid](/rebalance/totalmarket-hybrid/#2026-01-30)In 11. 7 Nov 2025[Large Mid Hybrid](/rebalance/large-mid-hybrid/#2025-11-07)In 12. 7 Nov 2025[Large Midcap](/rebalance/large-midcap/#2025-11-07)In 13. 7 Nov 2025[Large Mid Multi Asset](/rebalance/largemid-multi-asset/#2025-11-07)In 14. 24 Oct 2025[Focused Largecap 20](/rebalance/focused-largecap-20/#2025-10-24)In 15. 24 Oct 2025[Largecap Hybrid](/rebalance/largecap-hybrid/#2025-10-24)In 16. 24 Oct 2025[Large Cap Multi Asset](/rebalance/largecap-multi-asset/#2025-10-24)In 17. 15 Apr 2022[Focused Largecap 20](/rebalance/focused-largecap-20/#2022-04-15)Out 18. 15 Apr 2022[Largecap Hybrid](/rebalance/largecap-hybrid/#2022-04-15)Out 19 more are in the rebalance histories. 03Sector and industry ## Financial Services on NSE. NSE classification, 9 Oct 2026. NSE macro sectorFinancial Services NSE sector[Financial Services](/sectors/financial-services) IndustryBanks Basic industryPublic Sector Bank NSE indexNifty 50 Listed on NSE since01-Mar-1995 Related stocks, same industry [MAHABANK4](/stocks/MAHABANK)[BANDHANBNK3](/stocks/BANDHANBNK)[J&KBANK3](/stocks/JKBANK)[ICICIBANK2](/stocks/ICICIBANK)[AXISBANK1](/stocks/AXISBANK)[EQUITASBNK1](/stocks/EQUITASBNK)[HDFCBANK1](/stocks/HDFCBANK)[JSFB1](/stocks/JSFB) MAHABANK sits on the most lists in this group: 4 of 18 Latest published lists holding SBIN and its related stocks of the same NSE industry. A list count, not a ranking or a view on the stock. Model, back tested, not actual client returns. Source: RupeeCase published rebalance lists, NSE sector classification of 9 Oct 2026. As of 3 Jul 2026. Explore next ## Where this name sits in the record. * [Same sectorSHRIRAMFIN, Shriram FinanceOn 4 of 18 latest lists](/stocks/SHRIRAMFIN) * [Held SBIN earlierAllcap Multi Asset strategyNifty Total Market, 52 stocks, every 2 weeks](/strategies/allcap-multi-asset) * [Held SBIN earlierAllcap strategyNifty Total Market, 50 stocks, every 2 weeks](/strategies/allcap) * [Same sectorBSE, BSEOn 6 of 18 latest lists](/stocks/BSE) * [Same sectorMCX, Multi Commodity Exchange of IndiaOn 5 of 18 latest lists](/stocks/MCX) * [Same sectorPFC, Power Finance CorporationOn 5 of 18 latest lists](/stocks/PFC) Related reading: the topic [Index funds vs model portfolios](/topics/index-funds-vs-model-portfolios/) and the guide [ETF tracking error and liquidity](/guides/etf-tracking-error-and-liquidity). Community ## Join my WhatsApp group. Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me. New to RupeeCase? [Getting started](/getting-started) [See the terminal](/terminal) [Sign up for RupeeCase](https://invest.rupeecase.com/signup) [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7) [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera 04Questions ## SBIN, in plain words Which RupeeCase index algos hold SBIN?On the latest published lists (record to 3 Jul 2026), SBIN is on one list: [Nifty 50 Equal Weight](/strategies/nifty-50-equal-weight). Each list is equal weighted, so its weight is one over the number of names on the list. Since when has SBIN been on a RupeeCase list?Since 14 May 2021, when it entered Large Cap Multi Asset. The record shows 20 entries and 23 exits across the lineup; the latest was an exit from Focused Largecap 20 on 5 Jun 2026. What sector is SBIN in?NSE classifies State Bank of India under [Financial Services](/sectors/financial-services), industry Banks, basic industry Public Sector Bank. Financial Services is 10.9% of the equity names across the latest lists, at equal weight. Sources and dates * [RupeeCase published rebalance lists](https://www.rupeecase.com/rebalance/) RupeeCase. Record 14 May 2021 to 3 Jul 2026. Which stocks each index algo held on each rebalance date; counts, turnover and first seen dates. * [NSE Indices Industry Classification Structure, July 2023](https://www.niftyindices.com/resources/industry-classification) NSE Indices. Sector classification of 9 Oct 2026. The sector and industry of each stock. * [NSE daily bhavcopy, equity prices](https://www.nseindia.com/all-reports) NSE. Record 14 May 2021 to 3 Jul 2026. Share prices behind the back tested model record; the pages use the record from the first to the last published rebalance. * [SEBI circular, Norms for sharing and usage of price data for educational purposes](https://www.sebi.gov.in/legal/circulars/may-2026/norms-for-sharing-and-usage-of-price-data-for-educational-purposes_101293.html) SEBI. Dated 8 May 2026. Why educational pages here carry no market price or index data from the last 30 days. Model figures are back tested, not actual client returns. Each date is when that source was last checked or published, not today. ## Hold SBIN the way the algo does. Nifty 50 Equal Weight rebalances on a published schedule. The shares sit in your own demat; you approve each rebalance and pay 0.2% of the value traded. [Sign up for RupeeCase](https://invest.rupeecase.com/signup?strategy=nifty-50-equal-weight) [Nifty 50 Equal Weight rebalance history](/rebalance/nifty-50-equal-weight/) Model, back tested rebalance record of the 18 RupeeCase index algos, published lists May 2021 to 3 Jul 2026. Tickers are not recommendations. No price data on this page.