FAQ : SBI Nifty Bank ETF

SBI Nifty Bank ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 14.1 9.84 11.32 N/A
Average Rolling Returns(%) 16.33 12.95 10.92 N/A

The Current NAV of SBI Nifty Bank ETF is ₹476.04.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark NIFTY BANK - TRI returns, as Funds portfolio is significantly different.

SBI Nifty Bank ETF fund’s expense ratio is 0.20%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Nifty Bank ETF is currently ₹4,560 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 62% of its portfolio. Top 5 and 10 stocks of fund account for 82% and 97% of fund’s portfolio respectively.

Top three sectors of SBI Nifty Bank ETF fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Nifty Bank ETF Fund is ETFs - Index.

Raviprakash Sharma manages the SBI Nifty Bank ETF Fund.

SBI Nifty Bank ETF current PE ratio is 16.99 and PB ratio is 2.39

The asset allocation of SBI Nifty Bank ETF is Stocks : 100.01%, Debt : 0% and Gold : 0%

The minimum SIP amount for SBI Nifty Bank ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for SBI Nifty Bank ETF is N/A

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