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News SBI Mutual Fund launches SBI BSE PSU BANK ETF
Mar 17, 2025
Mutual Fund
SBI Mutual Fund launches SBI BSE PSU BANK ETF
NFO period: 17th March - 20th March, 2025
Highlights of the NFO:
- Scheme type - An open-ended Exchange Traded Fund replicating / tracking BSE PSU Bank Index.
- Investment objective - 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.
- Product suitability - This product is suitable for investors who are seeking long term capital appreciation. Investment in securities covered by BSE PSU Bank Index
- Minimum Application Amount - Rs. 5000 and in multiples of Rs. 1/- thereafter.
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Viral Chhadva
- Benchmark - BSE PSU Bank TRI.
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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