SBI Banking & Financial Services Fund – Direct Growth

Equity · Sectoral / Thematic
 · ★★★
500
Min SIP
5,000
Min Lumpsum
0.78 %
Expense Ratio
★★★
Rating
4,203
Fund Size (in Cr)
9 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 03 October 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.7% 24.3% 14.9% 14.2%
Category Average 15.3% 22.6% 14% -

Scheme Allocation

By Holding
By Sector
By Asset
18%
16.62%
Others
41.93%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 18%
ICICI Bank Banks Equity 16.62%
Bajaj Finance Finance Equity 9.73%
Kotak Mah. Bank Banks Equity 7.53%
St Bk of India Banks Equity 6.19%
HDFC Life Insur. Insurance Equity 5.02%
Muthoot Finance Finance Equity 4.05%
Karur Vysya Bank Banks Equity 3.94%
HDFC AMC Finance Equity 3.53%
IndusInd Bank Banks Equity 3.28%
ICICI Lombard Insurance Equity 3.21%
Bank of Baroda Banks Equity 2.85%
LIC Housing Fin. Finance Equity 2.41%
Fusion Microfin. Finance Equity 2.23%
Bank of India Banks Equity 2.06%
Nippon Life Ind. Finance Equity 1.48%
REC Ltd Finance Equity 1.42%
Canara Bank Banks Equity 1.03%
SBFC Finance Finance Equity 0.63%
C D S L Miscellaneous Equity 0.48%
Multi Comm. Exc. Miscellaneous Equity 0.11%
Banks
62.56%
Finance
18.27%
Insurance
8.11%
Debt
5.44%
Capital Markets
4.02%
Others
1.6%
View all Sectors
Sectors Asset
Banks 62.56%
Finance 18.27%
Insurance 8.11%
Debt 5.44%
Capital Markets 4.02%
Others 1.6%
Cash & Others 0.01%
Equity
95.8%
Reverse Repos
5.22%
Derivatives
1.31%
Net Curr Ass/Net Receivables
-2.33%

Advance Ratio

1.97
Alpha
5.84
SD
0.9
Beta
1.04
Sharpe

Exit Load

Exit Load For exit within 30 Days from th date of allotment. 0.50%. For exit after 30 Days from the date of allotment - NIL.

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Fund Managers

Milind Agrawal

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

SBI Mutual Fund
AUM:
7,63,724 Cr
Address:
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Contact:
022-61793000
Email ID:
partnerforlife@sbimf.com

Frequently Asked Questions

How to invest in SBI Banking & Financial Services Fund – Direct Growth ?

You can invest in SBI Banking & Financial Services Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for SBI Banking & Financial Services Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of SBI Banking & Financial Services Fund – Direct Growth ?

The NAV of SBI Banking & Financial Services Fund – Direct Growth is ₹31.2 as of 03 October 2023.

How to redeem SBI Banking & Financial Services Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of SBI Banking & Financial Services Fund – Direct Growth?

The minimum SIP amount of SBI Banking & Financial Services Fund – Direct Growth is ₹500

What are the top sectors SBI Banking & Financial Services Fund – Direct Growth has invested in?

The top sectors SBI Banking & Financial Services Fund – Direct Growth has invested in are
  1. Banks - 62.56%
  2. Finance - 18.27%
  3. Insurance - 8.11%
  4. Debt - 5.44%
  5. Capital Markets - 4.02%

Can I make investments in both the SIP and Lump Sum schemes of SBI Banking & Financial Services Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of SBI Banking & Financial Services Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have SBI Banking & Financial Services Fund – Direct Growth generated ?

The SBI Banking & Financial Services Fund – Direct Growth has delivered 14.2% since inception

What is the expense ratio of SBI Banking & Financial Services Fund – Direct Growth ?

The expense ratio of SBI Banking & Financial Services Fund – Direct Growth is 0.78 % as of 03 October 2023.

What is the AUM of SBI Banking & Financial Services Fund – Direct Growth?

The AUM of SBI Banking & Financial Services Fund – Direct Growth is ₹7,63,724 Cr as of 03 October 2023

What are the top stock holdings of SBI Banking & Financial Services Fund – Direct Growth?

The top stock holdings of SBI Banking & Financial Services Fund – Direct Growth are
  1. HDFC Bank - 18%
  2. ICICI Bank - 16.62%
  3. Bajaj Finance - 9.73%
  4. Kotak Mah. Bank - 7.53%
  5. St Bk of India - 6.19%

How can I redeem my investments in SBI Banking & Financial Services Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI Banking & Financial Services Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now