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Unrated

SBI ETF Nifty Bank Fund download report


1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.11 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
SBI ETF Nifty Bank Fund-IDCW -5.08 1.43 -1.66 -10.04 -11.24 -12.11 4.89 4.95 7.93 9.39 --
S&P BSE Bankex TRI -3.77 1.43 -1.57 -9.73 -10.49 -11.18 6.56 6.68 8.69 9.82 --
Equity: Sectoral-Banking -6.70 1.50 -1.99 -10.78 -11.20 -14.06 3.17 4.43 4.76 7.09 --
Rank within category 13 16 14 15 19 8 11 10 5 5 --
Number of funds in category 31 33 33 33 32 30 28 18 17 15 8

As on 16-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI ETF Nifty Bank Fund  | Invest Online
Unrated
Mar-15 4.89 4.95 7.93 0.20% 5,448
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 0.20 7.18 10.09 2.09% 3,240
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 -2.04 7.01 7.34 2.40% 947
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 1.61 8.87 7.11 2.62% 511
Invesco India Financial Services Fund  | Invest Online
4 star
Jul-08 0.81 7.23 8.06 2.67% 415

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 17.71 26-May-2020 - 02-Jun-2020 -27.21 16-Mar-2020 - 23-Mar-2020
Month 28.83 22-May-2020 - 23-Jun-2020 -46.06 20-Feb-2020 - 23-Mar-2020
Quarter 48.57 24-Sep-2020 - 24-Dec-2020 -48.39 23-Dec-2019 - 23-Mar-2020
Year 101.93 22-May-2020 - 24-May-2021 -45.45 27-May-2019 - 26-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI ETF Nifty Bank Fund-IDCW 12.01 33.33 0.25 0.31 1.02 -1.40
S&P BSE Bankex TRI 13.24 32.71 0.30 0.36 -- --
Equity: Sectoral-Banking 11.67 32.63 0.26 0.30 0.96 -1.13
Rank within category 10 14 10 10 14 10
Number of funds in category 18 18 18 18 18 18

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 98.01
Top 5 Stocks (%) 84.24
Top 3 Sectors (%) 100.00
Portfolio P/B Ratio 2.26
Portfolio P/E Ratio 19.05

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,40,555 2,51,304
Giant (%) 84.24 72.46
Large (%) 9.40 12.95
Mid (%) 6.36 12.27
Small (%) -- 4.24
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 19.17 33.05 25.99 27.04
down ICICI Bank Financial 19.67 23.03 17.90 23.03
down Kotak Mahindra Bank Financial 30.23 16.66 11.21 11.72
down State Bank of India Financial 11.79 13.89 9.29 11.27
down Axis Bank Financial 14.24 16.59 11.08 11.18
down Indusind Bank Financial 14.59 7.87 3.52 5.58
down AU Small Finance Bank Financial 36.75 2.75 0.00 2.69
down Bandhan Bank Financial 437.22 2.75 0.00 1.98
down Bank of Baroda Financial 6.74 1.84 0.00 1.84
down The Federal Bank Financial 9.26 1.94 1.30 1.68
down IDFC First Bank Financial 172.95 1.54 0.63 1.08
down Punjab National Bank Financial 8.54 1.18 0.43 0.91

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— Raviprakash Sharma since 02-Mar-2015

Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).

Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.

Funds Managed:


1.43%

Change from previous, NAV as on 16-May-2022

IDCW: ₹ 336.1620


Investment Strategy

The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) --
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 16-Mar-2015
Return Since Launch: 9.09%
Benchmark: NIFTY Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 5,448 Cr (As on 30-Apr-2022)
Expense: 0.20% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW03-Nov-20170.1913

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Last Session

Investors' Hangout

How much will debt funds deliver now?

DateFriday, 13-May-2022
Time12:30 PM - 12:40 PM

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