SBI Exchange Traded Fund Sensex is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 15 Mar 2013. Raviprakash Sharma is the Current Fund Manager of SBI Exchange Traded Fund Sensex.The fund currently has an Asset Under Management(AUM) of ₹20,729 Cr and the Latest NAV as of 06 Dec 2019 is ₹429.02.
The SBI Exchange Traded Fund Sensex is rated Moderately High risk. Minimum SIP Investment is 1. Nil.
Investment Objective
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the BSE SENSEX by holding BSE SENSEX stocks in same proportion. However, the performance of Scheme may differ from that of the underlying index due 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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment