| Launch date | 17 Mar 2025 |
| Allotment date | 25 Mar 2025 |
| End date | 20 Mar 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.27%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 15 days.
Stamp duty
0.005% (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%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Viral ChhadvaMar 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #1 in India |
|---|---|
| Total AUM | ₹11,84,451.93Cr |
| Date of Incorporation | 29 Jun 1987 |
|---|
SBI BSE PSU Bank Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Viral Chhadva is the Current Fund Manager of SBI BSE PSU Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,84,452 Cr and the Latest NAV as of 17 Sep 2025 is ₹11.80. The SBI BSE PSU Bank Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 days. ;
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 benchmark | BSE PSU Bank Total Return Index |
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