SBI Nifty 10 yr Benchmark G-Sec ETF

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Moderate

₹231.9557

As on 19-Jun-2024

Returns

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Calculate SIP Returns of SBI Nifty 10 yr Benchmark G-Sec ETF

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of SBI Nifty 10 yr Benchmark G-Sec ETF

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of SBI Nifty 10 yr Benchmark G-Sec ETF

Assets info

₹2,945 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

--

Min. SIP Investment (₹)

--

Min. No of Cheques

--

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.

Suitability

"This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for SBI Nifty 10 yr Benchmark G-Sec ETF

SBI Nifty 10 yr Benchmark G-Sec ETF is mandated to invest at least 80 per cent of its assets in bonds issued by the government of India, such that the duration of its portfolio is equal to 10 years. Being passively managed, it replicates the portfolio of its chosen benchmark index.

Mutual funds can be bought directly from the website of the fund house. For instance, SBI Nifty 10 yr Benchmark G-Sec ETF fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of SBI Nifty 10 yr Benchmark G-Sec ETF is ₹231.9557 as of 20-Jun-2024.

The AUM of SBI Nifty 10 yr Benchmark G-Sec ETF Fund is ₹2,945 Cr as of 31-May-2024

The riskometer level of SBI Nifty 10 yr Benchmark G-Sec ETF is Moderate. See More

Company Percentage of Portfolio

GOI Sec 7.10 08/04/2034

98.98
See More

As of 31-May-2024, SBI Nifty 10 yr Benchmark G-Sec ETF had invested 98.98% in Debt and 1.02% in Cash & Cash Eq. See More

SBI Nifty 10 yr Benchmark G-Sec ETF is 8 years 0 months old. It has delivered 5.97% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
6.94%
3.97%
5.26%
5.05%
--
5.97%

No, There is no lock in period in SBI Nifty 10 yr Benchmark G-Sec ETF.

The expense ratio of SBI Nifty 10 yr Benchmark G-Sec ETF is 0.14.

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