I will tell you about Exchange Traded Funds & Schemes of State Bank Of India so that you can go through the information easily.

The Exchange Traded Funds & Schemes of State Bank Of India Sensex is an exchange traded fund that has a passive investment strategy. The investments objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented bt BSE SENSEX by holding BSE SENSEX sticks in same proportion.

Benefits

Low cost – SBI-ETF SENSEX is with low expense ratio compared to the open ended mutual fund schemes.

Provides Efficient diversification – The companies are spread across wide spectrum of sectors and are beneficial for an investor who is interested in building in a well diversified investment portfolio. Also these companies are core to the India Growth story.

Easy to invest and sell – Investors wishing to invest & sell can do so anytime during the market hours as SBI-ETF SENSEX is listed on the stock exchange.

RGESS eligible scheme - Investment in SBI-ETF SENSEX is eligible for tax benefits under RGESS (Section 80CCG of the Income tax Act) for eligible investors.

Any investers like:-
First time investors
Investors who have a view on the stock market
Other retail investors for passive asset allocation
RGESS eligible investors

Address:-
State Bank Of India
3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

Phone:-
+(91)-80-26599990
18004253800,1800112211