{"id":171329,"date":"2025-03-24T14:05:32","date_gmt":"2025-03-24T08:35:32","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=171329"},"modified":"2025-03-24T14:05:33","modified_gmt":"2025-03-24T08:35:33","slug":"sbi-mutual-fund-launches-two-new-psu-bank-focused-schemes","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/sbi-mutual-fund-launches-two-new-psu-bank-focused-schemes\/","title":{"rendered":"SBI Mutual Fund Launches Two New PSU Bank-Focused Schemes"},"content":{"rendered":"\n<p>SBI Mutual Fund has launched two exciting new investment schemes: the SBI BSE PSU Bank Index Fund and the SBI BSE PSU Bank ETF. These funds are aimed at giving investors a slice of India\u2019s public sector banking sector. They\u2019ll both track the BSE PSU Bank Index, which means you\u2019ll get a diversified investment in some of the leading PSU banks. Mark your calendars\u2014the New Fund Offer (NFO) starts on March 17, 2025, and ends on March 20, 2025.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Highlights of the Schemes<\/h3>\n\n\n\n<p><strong>Schemes Launched<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SBI BSE PSU Bank Index Fund (Open-ended index fund)<\/li>\n\n\n\n<li>SBI BSE PSU Bank ETF (Exchange-traded fund listed on NSE and BSE)<\/li>\n<\/ul>\n\n\n\n<p><strong>Investment Strategy<\/strong><\/p>\n\n\n\n<p>\u2022 At least 95% of the total assets will be directed towards securities that fall under the BSE PSU Bank Index.<\/p>\n\n\n\n<p>\u2022 The remaining 5% will be set aside for government securities, triparty repos, and liquid mutual funds to ensure liquidity management.<\/p>\n\n\n\n<p>\u2022 Benchmark Index: BSE PSU Bank TRI<\/p>\n\n\n\n<p><strong>Minimum Investment<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u20b95,000 during the NFO period.<\/li>\n\n\n\n<li>Subsequent investments in multiples of \u20b91.<\/li>\n\n\n\n<li><strong>Fund Manager:<\/strong>\u00a0Viral Chhadva (Manages other SBI index funds).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SBI Mutual Fund has launched two exciting new investment schemes: the SBI BSE PSU Bank Index Fund and the SBI BSE PSU Bank ETF. These funds are aimed at giving investors a slice of India\u2019s public sector banking sector. They\u2019ll both track the BSE PSU Bank Index, which means you\u2019ll get a diversified investment in [&hellip;]<\/p>\n","protected":false},"author":419,"featured_media":171339,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5364],"tags":[60],"class_list":["post-171329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2025","tag-government-schemes-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=171329"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171329\/revisions"}],"predecessor-version":[{"id":171340,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/171329\/revisions\/171340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/171339"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=171329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=171329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=171329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}