SBI ETF BSE 100 is a passively managed open-ended exchange traded scheme. It offers investors a cost-efficient and convenient way to invest in the top 100 companies in India by market-cap. The fund will invest in the underlying market index, to mirror the market movements and benefit from the growth potential of these companies.
- Directly with Fund – Authorised participants and large Investors can directly purchase/ redeem in blocks from the fund in 'Creation Unit' size on any business day. On the Exchange – The units of the scheme can be purchase/ redeem in minimum lot of 1 unit and in multiples thereof.
- Dematerialization:The units of the Scheme will be available in the Dematerialized (electronic) mode only.
The applicant under the Scheme will be required to have a beneficiary account with a Depository Participant of NSDL/CDSL and will be required to indicate in the application, the DP’s name, DP ID Number and beneficiary account number of the applicant with the DP. Units of the schemes will be issued/repurchase and settled compulsorily in dematerialized form. Applications without relevant details of investor’s depository account are liable to be rejected.
Exchange Listing: Fund will be listed on BSE Ltd.
S&P BSE 100 index
- Launch Date: Jan 01, 1997
- No. of Constituents: 100
- Index rebalancing: Semi-Annually