SBI Nifty 50 ETF

SBI Nifty 50 ETF is a scheme launched by SBI Mutual Fund on July 22, 2015, and falls under the ETFs fund category. It currently manages an AUM of Rs 1,89,650.42 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.04% for managing the portfolio.

• Investing Strategy:

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

• Performance:

  SBI Nifty 50 ETF trailing returns over different times are 0.06% (1 year), 13.14% (3 year) and 17.53% (5 year). The average annual return of this fund stands at 6.71%.