The SBI BSE PSU Bank ETF, managed by SBI Funds Management Limited, is an open-ended scheme targeting sector-specific investments, aiming to closely track the BSE PSU Bank TRI index returns.

This ETF employs a replication strategy focused on the BSE PSU Bank TRI benchmark, ensuring that its performance aligns closely with the underlying index, though tracking error may occur.

Portfolio concentration is notable, with top holdings including State Bank of India at 27.9% and Bank of Baroda at 16.2%, reflecting a strong focus on the financial services sector.

Performance for the past year shows a robust increase of 18.0%, highlighting effective management and favorable market conditions within the PSU banking sector.

With an AUM of ₹472.1 Cr and a low expense ratio of 0.25%, this ETF provides an accessible investment option, managed by Mr. Viral Chhadva, who brings 19 years of experience.