SBI ETF 10 YEAR GILT
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|Fund Type||10 yr Government Bond|
More about this fund
|5.85% Govt Stock 2030||99.58%|
|Net Receivable / Payable||0.4%|
About SBI ETF 10 Year Gilt
Being an open-ended debt fund, as represented by the underlying index the scheme seeks to provide returns to the investors that closely correspond to the total returns of the securities, subject to tracking error.
Pros and Cons of SBI ETF 10 Year Gilt
This product is suitable for those who are seeking:
- Investment is from medium to long term.
- Covered by Nifty 10 year benchmark G-Sec Index, the scheme invests its fund in such securities.
- The principal of the fund is at low risk.
Fund Information and Statistics of SBI ETF 10 Year Gilt
Inception/ Launch date
The SBI ETF 10 Year Gilt was launched on 2 June 2016 by SBI Mutual Fund.
The liquidity of the scheme's investment is inherently restricted by settlement periods and trading volumes. The dividend distribution of the scheme is subject to availability of distributable surplus and will depend on the scheme's performance. The returns of this scheme are not assured and it has moderate risk.
The redemption dispatch proceeds within 10 business days from the date of receipt of the redemption request.
Mr.Mahak Khabia is the fund manager of SBI ETF 10 Year Gilt since June 2016.
Entry/ Exit Load The entry load and the exit load is NIL for investing in this scheme.
Tax benefits of investing in SBI ETF 10 Year Gilt
If the units of this scheme are redeemed within 3 years, it will be treated as short-term capital gains and are added to the income of the investor and taxed as per the income slab. If held for more than 3 years, the returns will be treated as long –term capital gains and taxed at 20% with indexation benefit.
About SBI Mutual Fund
SBI Mutual fund is formed by multiple investors who seek to invest on bonds, stock etc.The capital gains are registered with the Securities and Exchange Board of India (SEBI), and professional fund managers operate the funds and invest the fund capitals and attempts to produce capital gains.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns