SBI Nifty 50 Equal Weight ETF NFO : Review & Complete Analysis

Skfinowings08 Jul, 2024Finance

The investment period for the Scheme is set for July 08, 2024, to July 12, 2024. The scheme is a very high-risk scheme. There is no assurance that the scheme's investment goal will be met. The scheme will allocate 95?100% of its investment capital to the assets that make up the NIFTY50 Equal Weight Index TRI. The remaining portion will be allocated to government securities (G-secs), state development loans (SDLs), treasury bills, including triparty repo, and liquid mutual fund units. The fund's asset allocation is around 99.78% stocks, 0% debt, and 0.22% cash and cash equivalents