How to Invest in SBI Nifty Bank ETF IDCW?

You can easily invest in SBI Nifty Bank ETF IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for SBI Nifty Bank ETF IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in SBI Nifty Bank ETF IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Nifty Bank ETF IDCW provide?

The SBI Nifty Bank ETF IDCW has been there from 20 Mar 2015 and the average annual returns provided by this fund is 20.94% since its inception.

How much expense ratio is charged by SBI Nifty Bank ETF IDCW?

The term Expense Ratio used for SBI Nifty Bank ETF IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of SBI Nifty Bank ETF IDCW is 0.19% as of 02 Feb 2026...

What is the AUM of SBI Nifty Bank ETF IDCW?

The AUM, short for Assets Under Management of SBI Nifty Bank ETF IDCW is ₹4,059.55Cr as of 02 Feb 2026.

How to Redeem SBI Nifty Bank ETF IDCW?

If you want to sell your SBI Nifty Bank ETF IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Nifty Bank ETF IDCW?

You can select either SIP or Lumpsum investment of SBI Nifty Bank ETF IDCW based on your investment objective and risk tolerance.

What is the NAV of SBI Nifty Bank ETF IDCW?

The NAV of SBI Nifty Bank ETF IDCW is ₹597.92 as of 01 Feb 2026.

What is the PE and PB ratio of SBI Nifty Bank ETF IDCW?

The PE ratio ratio of SBI Nifty Bank ETF IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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SBI Nifty Bank ETF IDCW

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

Equity

Sectoral

Very High Risk

+14.35%

3Y annualised

-0.58% 1D

All

NAV: 01 Feb '26

₹597.92

Min. SIP amount

Not Supported

Fund size

₹4,059.55 Cr

Expense ratio

0.19%

Holdings (14)

Name	Sector	Instruments	Assets
HDFC Bank Ltd.	Financial	Equity	25.14%
ICICI Bank Ltd.	Financial	Equity	20.17%
State Bank of India	Financial	Equity	9.63%
Axis Bank Ltd.	Financial	Equity	9.29%
Kotak Mahindra Bank Ltd.	Financial	Equity	9.23%
The Federal Bank Ltd.	Financial	Equity	4.31%
Indusind Bank Ltd.	Financial	Equity	3.69%
AU Small Finance Bank Ltd.	Financial	Equity	3.60%
IDFC First Bank Ltd.	Financial	Equity	3.59%
Bank Of Baroda	Financial	Equity	3.49%
Canara Bank	Financial	Equity	3.34%
Punjab National Bank	Financial	Equity	2.85%
Yes Bank Ltd.	Financial	Equity	0.87%
Union Bank of India	Financial	Equity	0.80%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+14.3%	+14.9%	+14.7%	+11.9%
Category average (Equity Sectoral)	+14.4%	+16.1%	+13.7%	--
Rank (Equity Sectoral)	22	16	9	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Fund management

RS
Raviprakash Sharma
Mar 2015 - Present
View details

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 50 ETF IDCW

SBI Nifty Next 50 ETF IDCW

SBI BSE 100 ETF IDCW

SBI Gold Fund Growth

SBI BSE Sensex Index Fund Growth

SBI Nifty 200 Quality 30 ETF Growth

SBI BSE Sensex Next 50 ETF IDCW

SBI Nifty Bank ETF IDCW

SBI Nifty Index Fund Growth

SBI Equity Minimum Variance Fund Growth

SBI Nifty Next 50 Index Fund Growth

SBI BSE Sensex ETF

About SBI Nifty Bank ETF IDCW

SBI Nifty Bank ETF IDCW is a Equity 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 Nifty Bank ETF IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹12,56,070 Cr and the Latest NAV as of 01 Feb 2026 is ₹597.92. The SBI Nifty Bank ETF IDCW is rated Very High risk. Minimum SIP Investment is set to ₹1,000. ;

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.

Fund benchmarkNIFTY Bank Total Return Index

Scheme Information Document(SID)