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SBI BSE PSU Bank ETF

Q: What is the NAV of SBI BSE PSU Bank ETF?

As of 01 Oct 2026, the NAV of SBI BSE PSU Bank ETF is ₹46.18 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has SBI BSE PSU Bank ETF delivered?

SBI BSE PSU Bank ETF has returned +5.82% over 1 year and +19.23% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF charges an expense ratio of 0.26% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF's largest holdings are State Bank of India (26.1%), Bank of Baroda (13.8%), Canara Bank (13.2%), Punjab National Bank (12.3%) and Union Bank of India (11.0%). Holdings are disclosed monthly and change over time.

Q: How risky is SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.3% and its worst peak-to-trough fall in our sample was -20.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is benchmarked against the BSE PSU Bank TRI The same has been chosen as this Scheme primarily invests in securities which are constituents of BSE P. Its alpha and beta on this page are measured against that index.

Q: Who manages SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is managed by Viral Chhadva at SBI.

Q: How is SBI BSE PSU Bank ETF taxed?

SBI BSE PSU Bank ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

SBI Mutual Fund

NAV

₹46.18

-0.96% 1D

as of 01 Oct 2026

This is the Regular plan of SBI BSE PSU Bank ETF — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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Performance

+5.46%CAGR

52-week rangePrev NAV ₹46.62

Latest ₹46.18

Low ₹43.6419th percentile of its 52-week rangeHigh ₹57.07

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.26%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

7.23

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

BSE PSU Bank TRI The same has been chosen as this Scheme primarily invests in securities which are constituents of BSE P

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

26 Mar 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-6.32%

Absolute return over the last 3 months (not annualized)

-7.08%

Absolute return over the last 6 months (not annualized)

-1.80%

Absolute return since 1 Jan of this year (not annualized)

-7.00%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.82%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+19.23%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

23.26%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-20.51%

Benchmark ratios (vs Nifty Bank TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Bank TRI

—

Sensitivity to Nifty Bank TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty Bank TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty Bank TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	-6.32%	—	—
3M abs	-7.08%	—	—
6M abs	-1.80%	—	—
1Y CAGR	+5.82%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Other ETFs, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.13L

Absolute

-5.72%

XIRR

-12.18%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into SBI BSE PSU Bank ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty Bank TRI	Diff
2026part	-7.00%	-7.52%	+0.52%
2025part	+40.39%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

380

Expense ratio

0.26%

AUM

₹1,170Cr

Portfolio turnover

100%

Exit load

BSE PSU Bank TRI The same has been chosen as this Scheme primarily invests in securities which are constituents of BSE PSU Bank Index. Thus, the composition of the aforesaid benchmark is such that it is most suited for comparing performance of the Scheme. The Trustee reserve the right to change the benchmark if due to a change in market conditions, a different index /indices appears to provide a m

P/E ratio

7.2

P/B ratio

1.3

Avg market cap

₹3,10,543Cr

P/E & P/B are portfolio-weighted harmonic means across 10 of 11 equity holdings (99% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Other ETFs

Compare all


SBI BSE PSU Bank ETFThis fund SBI · Regular · IDCW	—	+5.82%	—	—	7.23	0.26%	₹1,170Cr
SBI Nifty Next 50 ETF SBI · Regular · IDCW	—	+2.17%	+16.08%	+10.97%	17.48	0.15%	₹2,907Cr
SBI BSE Sensex Next 50 ETF SBI · Regular · IDCW	—	-0.35%	+14.20%	+12.60%	20.03	0.23%	₹24.56Cr
SBI Nifty Consumption ETF SBI · Regular · IDCW	—	-10.00%	+9.35%	+9.40%	33.00	0.25%	₹23.05Cr
SBI Nifty Bank ETF SBI · Regular · IDCW	—	-1.23%	+7.48%	+8.54%	12.90	0.21%	₹3,708Cr
SBI BSE 100 ETF SBI · Regular · IDCW	—	-6.85%	+7.17%	+7.38%	18.91	0.16%	₹9.35Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap86.2%
Mid cap11.9%
Small cap1.8%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity100.00%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
SBI BSE PSU Bank Index Fund SBI · Index Funds	100.0%	★★★★☆	0.40%	—
Groww Nifty PSU Bank Index Fund Groww · Index Funds	91.4%	—	1.32%	—
Nippon India ETF Nifty PSU Bank BeES Nippon India · Other ETFs	91.4%	—	0.51%	+14.89%
Aditya Birla Sun Life PSU Equity Fund Aditya Birla Sun Life · Sectoral/ Thematic	32.9%	★★★★☆	0.77%	+17.79%
kotak BSE PSU Index Fund Kotak Mahindra · Index Funds	31.6%	★★☆☆☆	0.46%	—
SBI PSU Fund SBI · Sectoral/ Thematic	25.9%	★★☆☆☆	0.98%	+17.50%
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal · Index Funds	25.1%	★★★★☆	0.55%	+17.66%
ICICI Prudential PSU Equity Fund ICICI Prudential · Sectoral/ Thematic	24.1%	★★★★☆	1.28%	+18.24%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-20.5%26 Feb 2026 → 31 Mar 2026
Still below that high — 33 days down, and no recovery yet.
-8.6%22 Apr 2025 → 08 May 2025
Fell over 16 days, back to the old high on 19 May 2025 — 11 days under water after the low.
-7.4%16 Jul 2025 → 31 Aug 2025
Fell over 2 months, back to the old high on 17 Sep 2025 — 17 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹1,170Cr

April - June 2026

-16%

since January - March 2026

−₹65.81Cr

est. net flow, last quarter

Down +16% from its peak of ₹1,391Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.

Launched

28 Jun 1987

Total AUM

₹12,57,352Cr+0.7% QoQ

Avg AUM · April - June 2026

Website

sbimf.com

Fund Managers

VCViral ChhadvaStart date not disclosed

Role

Equity Dealer

Education

CFA Charter Holder from CFA Institute, USA, Master’s in Financial Management (MFM) from Jamnalal Bajaj Institute of Management Studies (JBIMS)

Experience

Mr. Viral Chhadva (Equity Dealer) joined SBIFML in December 2020. He has over 17 years of experience in financial services sector. Prior to joining SBIFML, he was previously associated with IIFL Securities Limited ( June 2008 till December 2020) and ICICI Securities Limited (June 2006 till June 2008) wherein he primarily handled execution of trades into Direct Market Access, Exchange Traded Funds and Derivatives. He is also managing SBI Nifty50 Equal Weight Index Fund, SBI Nifty50 Equal Weight ETF and SBI Nifty 500 Index Fund, SBI Nifty200 Quality 30 Index Fund,SBI BSE PSU Bank ETF and SBI BSE PSU Bank Index Fund.

Funds managed (10)

All schemes Viral Chhadva runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Viral Chhadva

Top holdings

State Bank of India Bank of Baroda Canara Bank Punjab National Bank Union Bank of India Indian Bank Bank of India Bank of Maharashtra Indian Overseas Bank Central Bank of India UCO Bank

SBI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of SBI BSE PSU Bank ETF?

As of 01 Oct 2026, the NAV of SBI BSE PSU Bank ETF is ₹46.18 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has SBI BSE PSU Bank ETF delivered?

SBI BSE PSU Bank ETF has returned +5.82% over 1 year and +19.23% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF charges an expense ratio of 0.26% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF's largest holdings are State Bank of India (26.1%), Bank of Baroda (13.8%), Canara Bank (13.2%), Punjab National Bank (12.3%) and Union Bank of India (11.0%). Holdings are disclosed monthly and change over time.

How risky is SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.3% and its worst peak-to-trough fall in our sample was -20.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is benchmarked against the BSE PSU Bank TRI The same has been chosen as this Scheme primarily invests in securities which are constituents of BSE P. Its alpha and beta on this page are measured against that index.

Who manages SBI BSE PSU Bank ETF?

SBI BSE PSU Bank ETF is managed by Viral Chhadva at SBI.

How is SBI BSE PSU Bank ETF taxed?

SBI BSE PSU Bank ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.