Fund Details
SBI ETF Nifty Bank Fund Dividend
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.20% |
| NAV | ₹310.87 (25 Jan 2021) |
|---|---|
| Fund Started | 20 Mar 2015 |
| Fund Size | ₹3,512 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 27.2% |
| ICICI Bank Ltd. | Financial | Equity | 19.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 15.4% |
| Axis Bank Ltd. | Financial | Equity | 15.2% |
| State Bank of India | Financial | Equity | 10.4% |
| Indusind Bank Ltd. | Financial | Equity | 5.0% |
| Bandhan Bank Ltd. | Financial | Equity | 2.7% |
| Federal Bank Ltd. | Financial | Equity | 1.3% |
| RBL Bank Ltd. | Financial | Equity | 1.0% |
| Punjab National Bank | Financial | Equity | 0.8% |
Fund Managers
SBI ETF Nifty Bank Fund Dividend Details
SBI ETF Nifty Bank Fund Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,512 Cr and the Latest NAV as of 25 Jan 2021 is ₹310.87.
The SBI ETF Nifty Bank Fund Dividend is rated 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.
