Scheme re-opens for Continuous Sale and Repurchase within 5 business days from the date of allotment.

Investment Objective:

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the BSE SENSEX by holding BSE SENSEX stocks in same proportion.

However, the performance of the scheme may differ from that of the underlying index due to tracking error.

This scheme is eligible under Rajiv Gandhi Equity Savings Scheme (RGESS) for tax deduction under section 80CCG as announced in the Union Budget 2012-13.

Minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter

Tax benefit under 80CCG:

The Scheme shall be eligible under Section 80CCG of the Income tax Act on ‘Deduction in respect the Income Tax Act of investment made under an equity savings scheme' to give tax benefits to new investors who invest up to Rs. 50,000 and whose gross total annual income is less than or equal to Rs. 10 lakhs.

*Scheme will invest in money market instruments having residual maturity not exceeding 91 days.

Advantages:

* Low cost - SBI SENSEX ETF 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 SENSEX ETF is listed on the stock exchange.

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

* A fund from premier fund house - With over 25 years fund management expertise and a basket of products across asset classes.

* 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.

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