Name: SBI ETF Nifty Bank Fund IDCW
Brand: SBI Mutual Fund

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SBI ETF Nifty Bank Fund IDCW
Other
Index
Very High Risk
60.25%
1Y return
+0.36% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Aug 2021₹346.69
Min. SIP AmountNA
Rating4star
Fund Size₹4,257.91 Cr
Holdings (12)NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity28.8%
ICICI Bank Ltd.FinancialEquity21.0%
Kotak Mahindra Bank Ltd.FinancialEquity12.1%
Axis Bank Ltd.FinancialEquity12.1%
State Bank of India
FinancialEquity12.0%
Indusind Bank Ltd.FinancialEquity5.3%
AU Small Finance Bank Ltd.FinancialEquity2.0%
Bandhan Bank Ltd.FinancialEquity1.9%
The Federal Bank Ltd.FinancialEquity1.5%
IDFC First Bank Ltd.FinancialEquity1.3%
See All
Pros and consCategory: Other Index
ProsLower expense ratio - 0.2%
1Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
Cons3Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.2%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand termsinfo
Fund managementRaviprakash Sharma
Mar 2015 - Present
View Details
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Education
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience
Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Also manages these schemes
SBI Nifty Index Fund Growth
SBI Nifty Index Fund IDCW
SBI ETF Gold
SBI Gold Fund Growth
SBI Gold Fund IDCW
SBI Gold Direct Plan Growth
SBI Gold Direct Plan IDCW
SBI Nifty Index Direct Plan IDCW
SBI Nifty Index Direct Plan Growth
SBI Exchange Traded Fund Sensex
SBI ETF Nifty Bank Fund IDCW
SBI ETF Nifty Next 50 Fund IDCW
SBI ETF BSE 100 Fund IDCW
SBI ETF Nifty 50 Fund IDCW
SBI ETF Sensex Next 50 Regular IDCW
SBI ETF Quality Regular Growth
SBI Equity Minimum Variance Fund Regular IDCW
SBI Equity Minimum Variance Fund Direct IDCW
SBI Equity Minimum Variance Fund Direct Growth
SBI Equity Minimum Variance Fund Regular Growth
SBI Nifty Next 50 Index Fund Regular Growth
SBI Nifty Next 50 Index Fund Direct Growth
Fund house & investment objective
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SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM4,99,821.43 Cr
Date of Incorporation29 Jun 1987
SBI ETF Nifty Bank Fund IDCW is a Other Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Ra
SBI ETF Nifty Bank Fund IDCW is a Other Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Raviprakash Sharma is the Current Fund Manager of SBI ETF Nifty Bank Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 02 Aug 2021 is ₹346.69.
The SBI ETF Nifty Bank Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. ...Read more
Investment Objective
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
...Read more
Fund benchmarkNIFTY Bank TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	28.8%
ICICI Bank Ltd.	Financial	Equity	21.0%
Kotak Mahindra Bank Ltd.	Financial	Equity	12.1%
Axis Bank Ltd.	Financial	Equity	12.1%
State Bank of India	Financial	Equity	12.0%
Indusind Bank Ltd.	Financial	Equity	5.3%
AU Small Finance Bank Ltd.	Financial	Equity	2.0%
Bandhan Bank Ltd.	Financial	Equity	1.9%
The Federal Bank Ltd.	Financial	Equity	1.5%
IDFC First Bank Ltd.	Financial	Equity	1.3%

Rating	4
Fund Size	₹4,257.91 Cr