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SBI ETF Nifty Bank Fund IDCW-2.41%

50.33%
1 Year Return
Others
Sectoral/Thematic
4.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI ETF Nifty Bank Fund IDCW

RiskVery High
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV₹310.86 (19 Apr 2021)
Fund Started20 Mar 2015
Fund Size3,828 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
50.3%
7.2%
14.0%
10.2%
Category Average
48.7%
4.0%
11.5%
-
Rank Within Category
5
7
8
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 50.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.2%
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
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity28.5%
ICICI Bank Ltd.FinancialEquity20.5%
Axis Bank Ltd.FinancialEquity13.2%
Kotak Mahindra Bank Ltd.FinancialEquity13.1%
State Bank of IndiaFinancialEquity12.0%
Indusind Bank Ltd.FinancialEquity4.6%
AU Small Finance Bank Ltd.FinancialEquity2.2%
Bandhan Bank Ltd.FinancialEquity2.0%
Federal Bank Ltd.FinancialEquity1.3%
IDFC First Bank Ltd.FinancialEquity1.0%
See All

SBI ETF Nifty Bank Fund IDCW Details

SBI ETF Nifty Bank Fund IDCW is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 20 Mar 2015. 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 ₹3,828 Cr and the Latest NAV as of 19 Apr 2021 is ₹310.86.

The SBI ETF Nifty Bank Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 1000.

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 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
Nil
Exit Load

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About SBI Mutual Fund

Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
SBI Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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