SBI Sensex ETF, managed by SBI Funds Management Limited, is an open-ended scheme aiming to replicate BSE SENSEX returns by holding its constituent stocks in the same proportions, though tracking errors may occur.

The ETF employs a market cap weighted strategy, closely tracking the BSE SENSEX TRI benchmark, ensuring alignment with index movements while acknowledging potential deviations in performance due to tracking error.

Portfolio concentration is evident with top holdings like HDFC Bank (15.3%) and ICICI Bank (10.6%), exposing investors to sector risks, particularly within the financial services sector, which constitutes 39.2% of the allocation.

Over the past year, the fund returned 8.7%, while demonstrating a strong 3-year CAGR of 12.3% and a 5-year CAGR of 14.7%, indicating robust performance amidst market fluctuations and demonstrating effective tracking efficiency.

With an AUM of ₹115898.9 Cr and a low expense ratio of 0.04%, the fund remains accessible, managed by experienced Mr. Raviprakash Sharma since 2013, enhancing investor confidence in its operational integrity.