NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹54.59
2.35%
NAV as on 17 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
NAV as on 17 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
54.34%p.a.
Since Inception
About SBI BSE PSU Bank ETF-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI BSE PSU Bank ETF-Growth scheme from SBI Mutual Fund. It is a Sectoral-Banking mutual fund scheme that predominantly invests in Sectoral-Banking stocks of companies. Launched on Mar 2025, SBI BSE PSU Bank ETF-Growth is Sectoral-Banking fund of its category with 1,406.12 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Sectoral-Banking funds.
- SBI BSE PSU Bank ETF-Growth delivered 0.0% annual returns during the last year. It has delivered 54.3% average annual returns since the fund was launched.
- SBI BSE PSU Bank ETF-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Top 10 Holdings
Bank Of Baroda
16.24%
Bank of India
5.87%
Bank of Maharashtra
2.92%
Canara Bank
14.42%
Central Bank of India
1.09%
Indian Bank
9.30%
Indian Overseas Bank
1.00%
Punjab & Sind Bank
0.39%
Punjab National Bank
12.58%
State Bank of India
25.54%
Fund Managers
- Viral Chhadva (Mar 2025 - Present)
Key Information
View Scheme Document
SBI BSE PSU Bank ETF-Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on SBI BSE PSU Bank ETF-Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI BSE PSU Bank ETF-Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in SBI BSE PSU Bank ETF-Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
UTI Nifty Bank ETF
very high risk | equity
14.9%
ICICI Prudential Nifty Bank ETF - Growth
very high risk | equity
14.9%
ICICI Prudential Nifty Private Bank ETF - Growth
very high risk | equity
12.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved