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
About
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 | ManagersRaviprakash 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
Tracking index Nifty Bank |
Expense Ratio0.20% |
Tracking error 0.04% |
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Investment checklist: (3/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
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
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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SBI-ETF Nifty Bank Price history
Day | Open | Close | Change % |
---|---|---|---|
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 | |
Tue, Nov 5 2024 | ₹520.97 | ₹530.40 | |
Mon, Nov 4 2024 | ₹530.68 | ₹521.16 | -0.86% |
Fri, Nov 1 2024 | ₹525.23 | ₹525.68 | |
Thu, Oct 31 2024 | ₹532.99 | ₹525.22 | -0.58% |
Wed, Oct 30 2024 | ₹529.99 | ₹528.29 | -0.56% |
Composition
What's in fund
Name | Holdings |
---|---|
HDFCBANKHDFC Bank Ltd | 28.10% |
ICICIBANKICICI Bank Ltd | 23.81% |
SBINState Bank of India | 9.53% |
KOTAKBANKKotak Mahindra Bank Ltd | 9.37% |
532215Axis Bank Ltd | 9.32% |
INDUSINDBKIndusInd Bank Ltd | 5.68% |
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Frequently asked questions
What is the SBI-ETF Nifty Bank share price today?
SBI-ETF Nifty Bank share price is ₹ 528.45 today.
What is today’s high & low share price of SBI-ETF Nifty Bank?
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?
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?
52 Week share High Price is ₹ 554.30 and Low Price is ₹ 437.75
What is the SBI-ETF Nifty Bank Stock Symbol?
The SBI-ETF Nifty Bank Stock symbol is SETFNIFBK.
Can I buy SBI-ETF Nifty Bank shares on Holidays?
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.