SBI NIFTY BANK ETF

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

SBI NIFTY BANK ETF

market linked 19.38 % 12.48 % 9.32 %

BenchMark : NIFTY BANK - TRI

BenchMark Return 19.59 12.71 9.81

Value of Rs. 1,00,000 Invested

current value 119380 142306 156134
scheme 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 underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Category Mutual Fund > Other > Other ETFs
Fund Type Open Ended
Fund Manager Raviprakash Sharma
Minimum Amount for Lumpsum Investment (Rs.) 5000
Minimum Amount for SIP Investment (Rs.) 5000
Nav Date 27/03/2024
Nav 472.63
AUM (Cr.) 4559.66
AUM Date 29/02/2024
Expense Ratio Currently 0
Expense Ratio Date Currently 29/02/2024
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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