The current market price of SBI ETF Nifty Bank is ₹625.50. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The SBI ETF Nifty Bank, managed by SBI Funds Management Limited, is an open-ended scheme with a sector-specific investment objective aimed at closely tracking the Nifty Bank TRI index. This ETF employs a replication strategy to provide returns that correspond to the underlying index, with a minimal tracking error of 0.0249%, ensuring efficient performance against its benchmark. The fund's composition is heavily concentrated in the financial services sector, with top holdings like HDFC Bank at 28.6% and ICICI Bank at 26%, indicating potential concentration risk. Performance metrics show a robust 1-year return of approximately 20.9% and a 3-year CAGR of 11.7%, reflecting strong market positioning within the banking sector. With a fund size of ₹3857.5 Cr and a low expense ratio of 0.19%, this ETF represents a cost-efficient investment option for exposure to India’s banking sector.

SBI ETF Nifty Bank is designed to track Nifty Bank TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of SBI ETF Nifty Bank is 0.19%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of SBI ETF Nifty Bank is approximately ₹3,857.45. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

SBI ETF Nifty Bank is classified under the High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of SBI ETF Nifty Bank is 0.02%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

SBI ETF Nifty Bank has a dividend yield of 1.11%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, SBI ETF Nifty Bank has delivered the following returns: 1-year return: 26.06%. 3-year return: 52.59%. 5-year return: 55.88%. Past performance does not guarantee future results.

Before investing in SBI ETF Nifty Bank, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.