Sbimf rgess

Please tell me ETF Sensex scheme of State Bank Of India Mutual Fund is eligible for tax benefits under RGESS, if yes I need to know more about the scheme?

[pawan]

According to me yes State Bank Of India Mutual Fund, ETF Sensex scheme is eligible for tax benefits under RGESS and here I will let you know more about the scheme.

The ETF Sensex scheme of State Bank Of India Mutual Fund was introduced to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the S&P BSE SENSEX.

Suitable for :
First time investors

Investors who have a view on the stock market

Other retail investors for passive asset allocation

RGESS eligible investors

Features
Low cost

Provides efficient diversification

Easy to invest and sell

RGESS eligible scheme

Todays price
341.6638 as on 20-Sep-2017

Absolute Returns (in%)
Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2017 - - - - 12.63
2016 7.16 7.16 3.55 -4.31 -12.91
2015 2.90 2.90 -21.61 -2.43 43.58
2014 55.14 55.14 21.12 11.99 20.27
2013 - 15.35 0.96 36.70 -


Address:-
State Bank Of India Mutual Fund
9th Floor, Crescenzo, C-38 and 39, G Block, Bandra-Kurla Complex Mumbai Maharashtra India - 400051

Phone:-
1800 209 3333
1800 425 5425