SBI AMC - SBIETFPB
SBIETFPB
₹256.65+₹0.01 (0.00%) TodayLast updated on 11 Nov, 2024 | 15:19 IST
SBI AMC - SBIETFPB Chart
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Fund overview
About
Open ₹264.36 | Close ₹256.64 | Volume 6,217 | Avg. traded ₹256.54 |
Circuit range ₹205.06 - ₹307.59 | Day range ₹252.02 - ₹264.36 | Year range ₹226.25 - ₹277.20 | |
AUM ₹169.22 Cr | ManagersHarsh Sethi | Launch Date 19 Oct 2020 |
SBI AMC - SBIETFPB
About SBI Nifty Private Bank ETF
- SBI Nifty Private Bank ETF is an open-ended exchange-traded fund offered by the SBI Mutual Fund House.
- The scheme was launched on October 20, 2020.
- The ETF includes stocks of the top private sector lenders in India, including ICICI, HDFC and Axis banks.
- Harsh Sethi has been the fund manager for the SBI Nifty Private Bank ETF since its inception.
- The total assets under management (AUM) in this ETF was ₹166.52 crores as of June 30, 2024.
- Retail buyers can invest in SBI Nifty Private Bank ETF using their demat account registered with recognised brokers or financial institutions.
- Like equities, buy orders for the ETF can be placed during the usual trading hours of the National Stock Exchange.
Investment Objective & Benchmark
- SBI Nifty Private Bank ETF aims to offer returns that mirror the total returns offered by the stocks in the underlying index, subject to minor tracking errors.
- The ETF is benchmarked against the Nifty Private Bank, designed to reflect the performance of the banks from the private sector.
- With India’s GDP and infrastructural spending on the rise, the demand for borrowing is likely to maintain a steady growth trend for the banking sector.
- Private banks have offered higher profitability than the overall banking sector in recent years, indicating the efficiency of their functioning.
- SBI Nifty Private Bank ETF could be an ideal option for investors looking at a long-term goal with a decent return on their money.
- The Nifty Private Bank Total Return Index (TRI) has consistently posted stable earnings over the past few years, yielding a cumulative return of over 50% in the past five years.
Asset Allocation & Portfolio Composition
- SBI Nifty Private Bank ETF predominately invests in equity, allocating 99.54% of the funds.
- The remaining 0.46% is invested in debt, and cash.
- The ETF has invested 99.54% of the funds in the financial sector and the remaining 0.46% in others.
- Following a growth investment approach, the ETF has diversified its fund across market capitalisation – 67.22% to giant cap, 13.93% to large cap, and 14.87% to mid-cap companies. The remaining 3.98% of the funds are invested in small-cap firms.
- The top 10 company holdings in the SBI Nifty Private Bank ETF make up 99.54% of the asset allocation, as of June 2024.
List of top company holdings in the SBI Nifty Private Bank ETF :
- HDFC BANK LTD. -26.48%
- ICICI BANK LTD. -25.65%
- AXIS BANK LTD. -11.18%
- INDUSIND BANK LTD. -9.61%
- KOTAK MAHINDRA BANK LTD. -9.41%
- THE FEDERAL BANK LTD. -5.88%
- IDFC FIRST BANK LTD. -4.90%
- BANDHAN BANK LTD. -2.51%
- RBL BANK LTD. -2.38%
- CITY UNION BANK LTD. -1.67%
SBI Nifty Private Bank ETF has yielded a return of 8.44% over a year, as of June 30, 2024, compared to the benchmark index's 8.65% return during the period. Since its inception, the ETF has yielded a CAGR of 18.37%.
Key indicators
Tracking index Nifty Pvt Bank |
Expense Ratio0.15% |
Tracking error 0.06% |
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Investment checklist: (2/6)
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 AMC - SBIETFPB Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 8 2024 | ₹255.67 | ₹256.64 | -0.13% |
Thu, Nov 7 2024 | ₹259.50 | ₹256.97 | -0.80% |
Wed, Nov 6 2024 | ₹258.56 | ₹259.04 | |
Tue, Nov 5 2024 | ₹254.26 | ₹258.53 | |
Mon, Nov 4 2024 | ₹260.87 | ₹254.27 | -1.74% |
Fri, Nov 1 2024 | ₹253.00 | ₹258.78 | |
Thu, Oct 31 2024 | ₹258.51 | ₹256.29 | -0.58% |
Wed, Oct 30 2024 | ₹255.99 | ₹257.79 | -0.88% |
Composition
What's in fund
Name | Holdings |
---|---|
HDFCBANKHDFC Bank Ltd | 20.66% |
KOTAKBANKKotak Mahindra Bank Ltd | 20.53% |
532215Axis Bank Ltd | 20.43% |
ICICIBANKICICI Bank Ltd | 20.41% |
INDUSINDBKIndusInd Bank Ltd | 7.89% |
FEDERALBNKThe Federal Bank Ltd | 3.97% |
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Frequently asked questions
What is the SBI AMC - SBIETFPB share price today?
SBI AMC - SBIETFPB share price is ₹ 256.65 today.
What is today’s high & low share price of SBI AMC - SBIETFPB?
SBI AMC - SBIETFPB share price high: ₹ 264.36 and low: ₹ 252.02
What is Assets Under Management (AUM) of SBI AMC - SBIETFPB shares today on the NSE?
SBI AMC - SBIETFPB Assets Under Management (AUM) of ₹ 169.22 Crores.
What is the SBI AMC - SBIETFPB share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 277.20 and Low Price is ₹ 226.25
What is the SBI AMC - SBIETFPB Stock Symbol?
The SBI AMC - SBIETFPB Stock symbol is SBIETFPB.
Can I buy SBI AMC - SBIETFPB shares on Holidays?
No, shares of SBI AMC - SBIETFPB 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 AMC - SBIETFPB 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.