The SBI ETF PRIVATE BANK, managed by SBI Funds Management Limited, aims to replicate the total returns of the Nifty Private Bank TRI, focusing on the financial services sector.

This open-ended scheme emphasizes sector-specific investments, primarily in private banks, with significant allocations to leading institutions such as ICICI Bank and HDFC Bank, reflecting concentrated exposure.

Performance metrics indicate a 1-year change of -1.5%, yet a commendable 3-year CAGR of 10.4%, showcasing resilience despite recent market fluctuations within the banking sector.

With an expense ratio of just 0.15% and a fund size of ₹483.89 Cr, the ETF maintains a low-cost structure, promoting accessibility for investors seeking sector-focused exposure.

Managed by Mr. Harsh Sethi since October 2020, the fund benefits from his extensive 23-year experience, ensuring informed decision-making in a highly competitive financial landscape.