SBI ETF Nifty Bank Fund Dividend is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 20 Mar 2015. Raviprakash Sharma is the Current Fund Manager of SBI ETF Nifty Bank Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,785 Cr and the Latest NAV as of 17 Oct 2019 is ₹293.23.
The SBI ETF Nifty Bank Fund Dividend is rated High risk. Minimum SIP Investment is 1000. Nil.
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment