SBI - ETF Nifty 50

  • Category: ETF
  • AAUM: 9845.43 Cr as on 28 Oct 2016
  • Investment Options: Growth
  • Entry Load: N.A.
  • Inception: July 17, 2015
  • Benchmark:
    Nifty 50 Index
  • Exit Load: Read more

    Nifty 50 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.

    Features:

    • Transparency: Investors know the ETF holdings, price and costs.
    • Liquidity: ETFs offer two sources of liquidity. Traditional liquidity measured by secondary market trading volume. Authorized participants boost the liquidity of ETFs.
    • Diversification: ETFs provide immediate exposure to a basket or group of securities for instant diversification. Broad range of asset classes including equities, bonds, commodities, investment themes etc.
    • Flexibility: ETFs are listed on exchanges and can be traded at any time the market is open.
    • Pricing is continuous throughout the day.
    • Cost effectiveness: ETFs offer a cost-effective route to diversified market exposure
    • 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. c) 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 National Stock Exchange of India Ltd. (NSE Ltd.)

    Nifty 50 Index

    • Launch Date: Nov 03, 1995
    • No. of Constituents: 50
    • Index rebalancing: Semi-Annually
as on
From To
Quantitative Data As on 28-Oct-2016
Expense Ratio*: 0.07
Portfolio Turnover*: 0.07
Tracking Error*: 0.05%
Enter Date * :
Latest NAV: SBI - ETF Nifty 50 iNAV :
Note:
  1. Transaction charges payable by the investor is per creation request and will be as determined by the AMC at the time of transaction.
  2. The STT, Depository & Upload charges will be at actuals.
  3. Cash component is an indicative amount and will be collected/paid as applicable on the date of purchase/redemption.

Unit holders, other than Authorised Participants and Large Investors, can redeem units in less than Creation Unit Size of the Scheme directly with the Mutual Fund in the following cases:

  • if the traded price of the ETF units is at a discount of more than 3% to the NAV for continuous 30 days; or
  • if discount of bid price to applicable NAV is more than 3% over a period of 7 consecutive trading days; or
  • if no quotes are available on exchange for 3 consecutive trading days; or
  • when the total bid size on the exchange is less than half of Creation Unit size daily, averaged over a period of 7 consecutive trading days.
In such a scenario valid applications received up to 3 p.m. by the Mutual Fund shall be processed and the Redemption proceeds would be paid in cash and would be as per the NAV of the Scheme declared by the Mutual Fund at the end of the day on which the Redemption request is received. Any redemption as specified above shall be made without any payments of Exit Load.

Note: Please select the date below to check the availability of this direct redemption option

Fund Manager
  • Mr. Raviprakash Sharma

    Managing this fund since Jul 2015.

    Total Experience 16 years .

  • Investment Objective
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