SBI BSE PSU BANK INDEX FUND Direct Growth

SBI BSE PSU BANK INDEX FUND Direct Growth

Equity

Index Funds

NAV as on 29-04-2025

₹ 10.76

▲2.4%

1D

Inception Returns

7.5%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
47 people have invested ₹ 2.8L in SBI BSE PSU BANK INDEX FUND Direct Growth in the last three months

About SBI BSE PSU BANK INDEX FUND Direct Growth

SBI BSE PSU BANK INDEX FUND Direct Growth is an equity fund. This fund was started on 17 March, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. SBI BSE PSU BANK INDEX FUND Direct Growth has ₹8 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI BSE PSU BANK INDEX FUND Direct Growth has given a CAGR return of 7.55% since inception.

Holdings

SBI BSE PSU BANK INDEX FUND Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, Union Bank of India

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of SBI BSE PSU BANK INDEX FUND Direct Growth

The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI BSE PSU BANK INDEX FUND Direct Growth has no lock in period.

SBI BSE PSU BANK INDEX FUND Direct Growth Overview

Expense ratio0.25%
Benchmark
BSE PSU Bank Index TR INR
AUM₹8 Cr
Inception Date17 March, 2025
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Mar-25)

  • Equity 99.5%

  • Debt & Cash 0.5%

Large cap
57.7%
Mid cap
41.8%
Sector Allocation

Mar'25

Feb'25

Financial Services
100%

  • Equity

Holdings
Weight%
1M Change
State Bank of India
State Bank of India
24.34%
0%
Bank of Baroda
Bank of Baroda
18.03%
0%
Punjab National Bank
Punjab National Bank
14.05%
0%
Canara Bank
Canara Bank
12.67%
0%
Union Bank of India
Union Bank of India
10.21%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI BSE PSU BANK INDEX FUND Direct Growth
SBI BSE PSU BANK INDEX FUND Direct Growth
-
-
-
7.55%
Motilal Oswal Nifty Bank Index Fund Direct Growth
Motilal Oswal Nifty Bank Index Fund Direct Growth
16.16%
16.09%
22.44%
13.49%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
10.22%
21.78%
32.82%
25.84%
UTI Nifty 50 Index Fund-Growth Option- Direct
UTI Nifty 50 Index Fund-Growth Option- Direct
9.84%
13.38%
22.28%
13.07%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Bank of Baroda
Bank of Baroda
10.5%
State Bank of India
State Bank of India
5.9%
Union Bank of India
Union Bank of India
3%
Fund
Mar'25
No of Holdings
14
Top 5 Company Concentration
79.3%
Company having highest exposure
State Bank of India (24.3%)
No of Sectors
1
Top 5 Sectors Concentration
100%
Sector having highest exposure
Financial Services (100%)
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Fund House
SBI Funds Management Ltd
Total Schemes
71
See all SBI schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI BSE PSU BANK INDEX FUND Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 7.55% since inception (17th March 2025)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.47% in Equity, 0% in Debt and 0.53% in Cash related instruments
AUM size ₹8 Cr

AUM size ₹8 Cr

This fund has AUM of ₹8 Cr which is less than its category average of ₹ 750 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.54%

More funds from SBI

Frequently Asked Questions for SBI BSE PSU BANK INDEX FUND Direct Growth

The current NAV of SBI BSE PSU BANK INDEX FUND Direct Growth is ₹10.76 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
SBI BSE PSU BANK INDEX FUND Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.77%
6.77%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.25% as on March 2025
₹8 Cr as on March 2025
State Bank of India(24.34%), Bank of Baroda(18.03%), Punjab National Bank(14.05%), Canara Bank(12.67%), Union Bank of India(10.21%) as on March 2025
The alpha ratio for the SBI BSE PSU BANK INDEX FUND Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI BSE PSU BANK INDEX FUND Direct Growth
-
-
-
As on March 2025
The alpha for SBI BSE PSU BANK INDEX FUND Direct Growth is calculated against BSE PSU Bank Index TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI BSE PSU BANK INDEX FUND Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI BSE PSU BANK INDEX FUND Direct Growth
-
-
-
As on March 2025
The Beta for SBI BSE PSU BANK INDEX FUND Direct Growth is calculated with BSE PSU Bank Index TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI BSE PSU BANK INDEX FUND Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI BSE PSU BANK INDEX FUND Direct Growth
-
-
-
As on March 2025
The sharpe ratio for SBI BSE PSU BANK INDEX FUND Direct Growth is calculated with BSE PSU Bank Index TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI BSE PSU BANK INDEX FUND Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI BSE PSU BANK INDEX FUND Direct Growth
-
-
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of SBI BSE PSU BANK INDEX FUND Direct Growth is 0.25%