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SBI-ETF Nifty Bank

SETFNIFBK

₹528.45+₹3.47 (0.66%) TodayLast updated on 11 Nov, 2024 | 14:52 IST

SBI-ETF Nifty Bank Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹528.41
Close
₹524.98
Volume
24,368
Avg. traded
₹526.35
Circuit range
₹422.75 - ₹634.12
Day range
₹520.01 - ₹530.83
Year range
₹437.75 - ₹554.30
AUM
₹4,572.55 Cr

Managers

Raviprakash Sharma
Launch Date
25 Mar 2015
SBI-ETF Nifty Bank

About SBI Nifty Bank ETF

  • The SBI Nifty Bank ETF is an open-ended fund offered by SBI Mutual Fund House.
  • The scheme invests in major banks listed on the NSE.
  • SBI Nifty Bank ETF was launched on March 16, 2015.
  • The ETF has assets under management (AUM) of ₹4,551.23 crore as of June 30, 2024.
  • Raviprakash Sharma has been the fund manager of SBI Nifty Bank ETF since March 2015.
  • The ETF units are listed on both exchanges NSE and BSE, one can invest by buying units through a broker.
  • Retail investors can buy all the units directly from the demat account.

Investment Objective & Benchmark

  • The fund investment objective is to provide returns that closely correspond to the total returns of the underlying index.
  • It is benchmarked against the Nifty Bank Total Return Index featuring public-sector and private-sector banks in India.
  • The ETF holds a portfolio that mirrors the index's constituents in the same proportion.
  • The fund provides investors with exposure to a diversified portfolio of companies in the finance segment.
  • The portfolio includes a mix of large-cap and mid-cap companies that are market leaders in sectors. These companies are expected to benefit from the rising consumption trends in India.
  • As an index fund, it carries the risk associated with the underlying index. It is considered suitable for investors with a moderate to high-risk appetite.
  • The index is usually calculated using a free-float market capitalisation method, which means only the shares available for trading are considered in the index calculation.
  • The scheme offers a way to gain targeted exposure to a growing segment of the Indian market.

Asset Allocation & Portfolio Composition

  • The ETF holds 99.58% of its fund in equity and 0.42% in cash.
  • It predominantly invests in large and giant cap companies, allocating over 80% of the funds to them.
  • Sector-wise fund allocation comprises 99.58% in the finance and 0.42% in others.
  • Top 10 holdings of stocks constitute around 96.59% of this ETF’s asset allocation.

Top 10 company holdings in the ETF as of Jue 30, 2024:

  • HDFC Bank: 27.47%
  • ICICI Bank: 23.96%
  • State Bank of India: 10.50%
  • Kotak Mahindra Bank: 10.28%
  • Axis Bank: 9.29%
  • Indusind Bank: 5.43%
  • The Federal Bank: 2.75%
  • Bank of Baroda: 2.72%
  • Punjab National Bank: 2.12%
  • AU Small Finance Bank: 2.07%

Since its Inception, the ETF has given an annualised return of 11.63% to its investors.

In the last year the ETF has given a return of 15.47% compared to its benchmarked index which has given a return of 13.02%.

Key indicators

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Tracking index
Nifty Bank

Expense Ratio

0.20%
Tracking error
0.04%

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Investment checklist: (3/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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SBI-ETF Nifty Bank Shareholder returns

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1 day
-0.68%
1 week
-0.13%
1 month
+0.91%
3 months
+3.08%
1 year
+18.83%
3 years
+33.22%
5 years
+69.78%

SBI-ETF Nifty Bank Price history

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DayOpenCloseChange %
Fri, Nov 8 2024
₹528.55
₹524.98
-0.68%
Thu, Nov 7 2024
₹528.05
₹528.56
-0.84%
Wed, Nov 6 2024
₹532.00
₹533.04
+0.50%
Tue, Nov 5 2024
₹520.97
₹530.40
+1.77%
Mon, Nov 4 2024
₹530.68
₹521.16
-0.86%
Fri, Nov 1 2024
₹525.23
₹525.68
+0.09%
Thu, Oct 31 2024
₹532.99
₹525.22
-0.58%
Wed, Oct 30 2024
₹529.99
₹528.29
-0.56%

Frequently asked questions

What is the SBI-ETF Nifty Bank share price today?

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SBI-ETF Nifty Bank share price is ₹ 528.45 today.

What is today’s high & low share price of SBI-ETF Nifty Bank?

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SBI-ETF Nifty Bank share price high: ₹ 530.83 and low: ₹ 520.01

What is Assets Under Management (AUM) of SBI-ETF Nifty Bank shares today on the NSE?

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SBI-ETF Nifty Bank Assets Under Management (AUM) of ₹ 4,572.55 Crores.

What is the SBI-ETF Nifty Bank share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 554.30 and Low Price is ₹ 437.75

What is the SBI-ETF Nifty Bank Stock Symbol?

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The SBI-ETF Nifty Bank Stock symbol is SETFNIFBK.

Can I buy SBI-ETF Nifty Bank shares on Holidays?

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No, shares of SBI-ETF Nifty Bank or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell SBI-ETF Nifty Bank shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.