|Min SIP Amount||Not Supported|
|NAV||₹228.42 (09 Jul 2020)|
|Fund Started||20 Mar 2015|
|Fund Size||₹2,425 Cr|
|HDFC Bank Ltd.||Financial||Equity||32.6%|
|ICICI Bank Ltd.||Financial||Equity||19.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||15.0%|
|Axis Bank Ltd.||Financial||Equity||12.7%|
|State Bank of India||Financial||Equity||10.2%|
|Indusind Bank Ltd.||Financial||Equity||3.9%|
|Bandhan Bank Ltd.||Financial||Equity||1.5%|
|Federal Bank Ltd.||Financial||Equity||1.5%|
|RBL Bank Ltd.||Financial||Equity||0.9%|
|Bank Of Baroda||Financial||Equity||0.8%|
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 ₹2,425 Cr and the Latest NAV as of 09 Jul 2020 is ₹228.42.
The SBI ETF Nifty Bank Fund Dividend is rated High risk. Minimum SIP Investment is set to 1000.
The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
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.