|Min SIP Amount||Not Supported|
|NAV||₹310.86 (19 Apr 2021)|
|Fund Started||20 Mar 2015|
|Fund Size||₹3,828 Cr|
|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%|
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.
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.
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.