Fund Details
SBI ETF Nifty Bank Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹310.86 (19 Apr 2021) |
|---|---|
| Fund Started | 20 Mar 2015 |
| Fund Size | ₹3,828 Cr |
Returns
Comparison
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
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.5% |
| ICICI Bank Ltd. | Financial | Equity | 20.5% |
| Axis Bank Ltd. | Financial | Equity | 13.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 13.1% |
| State Bank of India | Financial | Equity | 12.0% |
| Indusind Bank Ltd. | Financial | Equity | 4.6% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.2% |
| Bandhan Bank Ltd. | Financial | Equity | 2.0% |
| Federal Bank Ltd. | Financial | Equity | 1.3% |
| IDFC First Bank Ltd. | Financial | Equity | 1.0% |
Fund Managers
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.
