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SBI AMC - SBIETFIT

SBIETFIT

₹434.60+₹0.51 (0.12%) TodayLast updated on 05 Nov, 2024 | 15:29 IST

SBI AMC - SBIETFIT Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹447.10
Close
₹434.09
Volume
3,925
Avg. traded
₹433.58
Circuit range
₹347.27 - ₹520.90
Day range
₹431.60 - ₹447.10
Year range
₹320.16 - ₹473.25
AUM
₹118.00 Cr

Managers

Harsh Sethi
Launch Date
19 Oct 2020
SBI AMC - SBIETFIT

About SBI Nifty IT ETF

  • The SBI Nifty IT ETF is an open-ended fund offered by SBI Mutual Mutual Fund House
  • It invests in companies operating in India’s IT sector.
  • SBI Nifty IT ETF was launched on October 19, 2020.
  • The ETF has assets under management (AUM) at ₹85.12 crore as of July 31, 2024.
  • Harsh Sethi has been the fund manager of SBI Nifty IT ETF since its inception.
  • The ETF units are listed on both exchanges NSE and BSE.
  • One can invest by buying units through a demat account with a registered broker.

Investment Objective & Benchmark

  • The fund’s investment objective is to provide returns that closely correspond to the total returns of the benchmark index, subject to tracking errors.
  • It is benchmarked against the Nifty IT Total Return Index.
  • The Nifty IT Index comprises major IT companies 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 information technologies and software segment.
  • The portfolio includes a mix of large-cap and mid-cap companies that are market leaders in the sector.
  • It is considered suitable for investors with a moderate to high-risk appetite, looking for long-term capital appreciation by investing in the consumption theme.
  • The IT sector is one of largest exporters in the Indian economy thus limiting the investors’ exposure to domestic risks.

Asset Allocation & Portfolio Composition

  • The ETF holds 99.53% of its fund in equity and 0.47% in cash.
  • The ETF's fund allocation by market capitalisation is as follows: 67.22% in giant-cap stocks, 13.93% in large-cap stocks, 14.87% in mid-cap stocks and 3.98% in small-cap stocks.
  • Sector-wise fund allocation in ETF comprises 99.53% in the IT Sector and 0.42% in others.
  • The top 10 holdings constitute 78.26% of the ETF’s asset allocation

Here’s a list of 10 company holdings in the ETF:

  • Infosys Ltd: 26.95%
  • Tata Consultancy Services Ltd: 24.75%
  • HCL Technologies Ltd: 9.67%
  • Tech Mahindra Ltd: 9.61%
  • Wipro Ltd: 8.77%
  • LTIMindtree Ltd: 5.97%
  • Persistent Systems Ltd: 5.36%
  • Coforge Ltd: 4.35%
  • Mphasis Ltd: 2.47%
  • L&T Technology Services Ltd: 1.63%

In the last year, the ETF has given a return of 24.51% compared to its benchmarked index’s 25.01% as of July 31, 2024.

Since its inception, the ETF has given an annualised return of 17.26% to its investors.

Key indicators

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Tracking index
Nifty IT

Expense Ratio

0.22%
Tracking error
NA

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Investment checklist: (2/6)
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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 AMC - SBIETFIT Shareholder returns

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1 day
-0.72%
1 week
-3.71%
1 month
-3.22%
3 months
+2.19%
1 year
+33.44%
3 years
+19.94%
5 years
+100.97%

SBI AMC - SBIETFIT Price history

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DayOpenCloseChange %
Mon, Nov 4 2024
₹436.90
₹434.09
-0.72%
Fri, Nov 1 2024
₹443.83
₹437.24
+0.51%
Thu, Oct 31 2024
₹450.43
₹435.02
-2.58%
Wed, Oct 30 2024
₹447.74
₹446.56
-0.99%
Tue, Oct 29 2024
₹451.00
₹451.02
+0.04%
Mon, Oct 28 2024
₹461.60
₹450.82
+0.60%
Fri, Oct 25 2024
₹445.67
₹448.14
-0.29%
Thu, Oct 24 2024
₹450.98
₹449.45
-0.23%

Frequently asked questions