Fund Details
SBI ETF Nifty 50 Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹144.72 (20 Apr 2021) |
|---|---|
| Fund Started | 22 Jul 2015 |
| Fund Size | ₹92,536 Cr |
Returns
Comparison
1. Lower expense ratio - 0.069%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.2% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
Fund Managers
SBI ETF Nifty 50 Fund IDCW Details
SBI ETF Nifty 50 Fund IDCW is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 22 Jul 2015. Raviprakash Sharma is the Current Fund Manager of SBI ETF Nifty 50 Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹92,536 Cr and the Latest NAV as of 20 Apr 2021 is ₹144.72.
The SBI ETF Nifty 50 Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 1.
Investment Objective
The Investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
