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Fund Manager
  • Mr. Raviprakash Sharma

    Managing this fund since Mar 2013.

    Total Experience 18 years .

    • Category
      OTHER SCHEMES
    • AUM ():
      10968.11 Cr as on 31 May 2018
    • Risk
      MODERATELY HIGH
      riskometer
      • Benchmark & Underlying Index: S&P BSE SENSEX
      • Creation Unit Size: 2000 units & in multiples of thereof
    • Benchmark
      S&P BSE Sensex
    • Exit Load
      Read more
    • Type of Scheme
      Read more
    • Launch Date
      February 09, 2013
    Returns

    as on May 31, 2018

    13.69%

    * for Regular Growth

    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 S&P BSE SENSEX by holding S&P BSE SENSEX stocks in same proportion. However, the performance of Scheme may differ from that of the underlying index due to tracking error.

    Features:

    • Low cost – Generally, ETF’s have a low expense ratio compared to other actively managed mutual fund schemes.
    • Provides efficient diversification – The companies in the underlying index are spread across wide spectrum of sectors and are beneficial for an investor who is interested in building in a well diversified investment portfolio. Also these companies are core to the India Growth Story.
    • Easy to invest and sell – Investors wishing to invest & sell can do so anytime during the market hours as SBI-ETF SENSEX is listed on the stock exchange.
    • RGESS eligible scheme - Investment in SBI-ETF SENSEX is eligible for tax benefits under RGESS (Section 80CCG of the Income tax Act) for eligible investors.

    Suitable for :

    • First time investors
    • Investors who have a view on the stock market
    • Other retail investors for passive asset allocation
    • RGESS eligible investors*.

    *Tax benefit available under Section 80CCG of the Income Tax Act to a new retail investor and whose gross total income is less than or equal to Rs. 10 lakh subject to conditions mentioned in notification no. 51/2012 dated November 23, 2012 issued by Department of Revenue, Ministry of Finance. Investors are requested to read the notification issued Ministry of Finance and consult their tax / financial consultant before taking any decision of investments.

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(09/02/2013)
    SBI-ETF SENSEX14.97%9.69%13.81%13.69%
    S&P BSE Sensex
    15.08%9.81%13.88%13.8%
    S&P BSE Sensex
    15.08%9.81%13.88%13.8%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(09/02/2013)
    SBI-ETF SENSEX 11497 13207.4 19102.84 19524.65
    S&P BSE Sensex
    11508 13251.26 19163.22 19618.71
    S&P BSE Sensex
    11508 13251.26 19163.22 19618.71

    Different plans have a different expense structure

    as on
    Quantitative Data As on 31-May-2018
    Standard Deviation*: 0.00%
    Beta*: 0.00
    Expense Ratio**: 0.07
    Modified Duration: N.A.
    Average Maturity: N.A.
    Yield To Maturity: N.A.
    Tracking Error: 0.02%

    *Tracking Error is computed using Total Returns Index for the 3 Year Period ending May 31, 2018, based on month-end NAV.

    **Expense ratio exclusive of Service Tax on Management Fees

    Enter Date * :
    Latest NAV: SBI - ETF Sensex 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

    For transaction date 2018-04-30 direct redemption option is not available.