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
16.75%
3Y annualised
+0.73% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 22 Oct 2021₹402.65
Min. SIP amountNA
Rating4star
Fund size₹5,430.40 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns65.0%16.8%15.3%13.0%
Category average56.1%9.1%12.0%NA
Rank with in category10116NA
Understand termsinfo
Holdings (12)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity28.0%
ICICI Bank Ltd.
FinancialEquity20.9%
State Bank of India
FinancialEquity13.0%
Kotak Mahindra Bank Ltd.
FinancialEquity12.7%
Axis Bank Ltd.
FinancialEquity12.4%
Indusind Bank Ltd.
FinancialEquity5.3%
AU Small Finance Bank Ltd.
FinancialEquity2.0%
Bandhan Bank Ltd.
FinancialEquity1.5%
The Federal Bank Ltd.
FinancialEquity1.3%
IDFC First Bank Ltd.
FinancialEquity1.2%
See All
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. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2021 - Present
0.20%
30 Sep 2020 - 31 Mar 2021
0.20%
31 Mar 2020 - 30 Sep 2020
0.20%
30 Sep 2019 - 31 Mar 2020
0.20%
31 Mar 2019 - 30 Sep 2019
0.20%
30 Sep 2018 - 31 Mar 2019
0.20%
31 Mar 2018 - 30 Sep 2018
0.20%
Expense ratio, exit load and taxExpense ratio: 0.20%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
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
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 IDCW
SBI ETF Quality 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 22 Oct 2021 is ₹402.65.
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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SBI ETF Nifty Bank Fund IDCW
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	1Y	3Y	5Y	All
Fund returns	65.0%	16.8%	15.3%	13.0%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	10	11	6	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	28.0%
ICICI Bank Ltd.	Financial	Equity	20.9%
State Bank of India	Financial	Equity	13.0%
Kotak Mahindra Bank Ltd.	Financial	Equity	12.7%
Axis Bank Ltd.	Financial	Equity	12.4%
Indusind Bank Ltd.	Financial	Equity	5.3%
AU Small Finance Bank Ltd.	Financial	Equity	2.0%
Bandhan Bank Ltd.	Financial	Equity	1.5%
The Federal Bank Ltd.	Financial	Equity	1.3%
IDFC First Bank Ltd.	Financial	Equity	1.2%

Rating	4
Fund size	₹5,430.40 Cr