SBI Banking & Financial Services Fund – Direct Growth

Equity · Sectoral / Thematic
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.77 %
Expense Ratio
★★★
Rating
4,971
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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 36.5% 12.8% 14.2% 15%
Category Average 18.7% 10% 11.7% -

Scheme Allocation

By Holding
By Sector
By Asset
17.96%
9.92%
4.62%
Others
49.51%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 17.96%
HDFC Bank Banks Equity 9.92%
Kotak Mah. Bank Banks Equity 9.51%
St Bk of India Banks Equity 8.48%
REC Ltd Finance Equity 4.62%
SBI Life Insuran Insurance Equity 3.75%
Canara Bank Banks Equity 3.55%
Shriram Finance Finance Equity 3.53%
Nippon Life Ind. Finance Equity 3.49%
Bank of India Banks Equity 3.32%
LIC Housing Fin. Finance Equity 3.12%
ICICI Lombard Insurance Equity 2.94%
Karur Vysya Bank Banks Equity 2.45%
Aptus Value Hou. Finance Equity 2.38%
BSE Miscellaneous Equity 2.37%
HDFC AMC Finance Equity 2.34%
Muthoot Finance Finance Equity 2.23%
AAVAS Financiers Finance Equity 2.03%
Power Fin.Corpn. Finance Equity 1.93%
Fusion Microfin. Finance Equity 1.64%
Cholaman.Inv.&Fn Finance Equity 1.31%
HDFC Life Insur. Insurance Equity 1.14%
Indian Bank Banks Equity 1.05%
SBFC Finance Finance Equity 0.52%
IndusInd Bank Banks Equity 0.21%
Bajaj Finance Finance Equity 0.01%
Banks
56.45%
Finance
23.32%
Capital Markets
8.2%
Insurance
7.83%
Debt
2.08%
Others
2.12%
View all Sectors
Sectors Asset
Banks 56.45%
Finance 23.32%
Capital Markets 8.2%
Insurance 7.83%
Debt 2.08%
Others 1.45%
Cash & Others 0.67%
Equity
95.8%
Reverse Repos
2.08%
Derivatives
1.45%
Net Curr Ass/Net Receivables
0.67%

Advance Ratio

4.19
Alpha
4.31
SD
0.85
Beta
0.46
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:
8,28,312 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

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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 ₹35.4 as of 18 March 2024.

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 - 56.45%
  2. Finance - 23.32%
  3. Capital Markets - 8.2%
  4. Insurance - 7.83%
  5. Debt - 2.08%

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 15% 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 0.77 % as of 18 March 2024.

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

The AUM of SBI Banking & Financial Services Fund – Direct Growth is ₹8,28,312 Cr as of 18 March 2024

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. ICICI Bank - 17.96%
  2. HDFC Bank - 9.92%
  3. Kotak Mah. Bank - 9.51%
  4. St Bk of India - 8.48%
  5. REC Ltd - 4.62%

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