SBI Banking and PSU Fund - Growth - Direct Plan

Item: SBI Banking and PSU Fund - Growth - Direct Plan
Rating: 3
Author: PersonalFN

₹2608.548 0.04 %Nav, as on 05-08-2021
Previous Nav
₹ 2607.6044
Net Change on 05-08-2021
₹0.94
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 14,078.19
Expense Ratio
0.34%
(As on Jun 30, 2021)

Fund Overview Growth | Direct Plan

Fund House
SBI Mutual Fund
Launch Date
07-Jan-2013
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
2468.70
52 Week Low Nav Date
28-Aug-2020
52 Week High Nav (₹)
2607.60
52 Week High Nav Date
04-Aug-2021

Fund Objective

The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
SBI BANKING & PSU FUND - Direct Plan - Growth	8.74	4.95	4.40	8.76	8.23	8.76
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Banking and PSU Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
SBI BANKING & PSU FUND - Direct Plan - Growth	Jan 07, 2013	4.40	8.76	8.23	0.34	14,078.19
IDFC Banking & PSU Debt Fund-Direct Plan- Growth Option	Mar 07, 2013	5.13	9.73	8.25	0.30	18,308.61
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth	Jan 01, 2013	5.17	9.13	8.25	0.35	16,856.57
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option	Jan 01, 2013	4.85	8.96	8.29	0.33	16,496.42
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth	Mar 13, 2013	5.41	8.56	8.01	0.35	14,345.17
HDFC BANKING AND PSU DEBT FUND - Direct Plan - Growth Option	Mar 26, 2014	5.57	9.16	8.30	0.36	9,926.80

Fund Holdings as on 30-June-2021

Company % Assets
TREPS
12.56
Oil & Natural Gas Corporation Ltd.
5.36
National Housing Bank
4.59
Axis Bank Ltd.
3.51
Export-Import Bank of India
3.50
6.18% CGL 2024
3.47
5.22% CGL 2025
3.19
Net Receivable / Payable
2.82
State Bank of India( Tier II Bond under Basel III )
2.70
Indian Railway Finance Corporation Ltd.
2.67
National Housing Bank
2.67
Air India Assets Holding Ltd.
2.38
Small Industries Development Bank of India
2.24
Export-Import Bank of India
2.09
Indian Bank( Tier II Bond under Basel III )
2.08
National Bank for Agriculture and Rural Development
1.77
NTPC Ltd.
1.77
State Bank of India( Tier II Bond under Basel III )
1.54
National Bank for Agriculture and Rural Development
1.46
National Housing Bank
1.43
REC Ltd.
1.43
National Highways Authority of India
1.33
Axis Bank Ltd.
1.17
Power Finance Corporation Ltd.
1.08
National Bank for Agriculture and Rural Development
1.07
Axis Bank Ltd.
1.03
Hindustan Petroleum Corporation Ltd.
0.92
REC Ltd.
0.88
Hindustan Petroleum Corporation Ltd.
0.84
REC Ltd.
0.78
National Bank for Agriculture and Rural Development
0.77
Indian Railway Finance Corporation Ltd.
0.75
State Bank of India( Tier II Bond under Basel III )
0.75
Power Finance Corporation Ltd.
0.74
Export-Import Bank of India
0.73
Housing and Urban Development Corporation Ltd.
0.73
7.72% CGL 2025
0.72
Hindustan Petroleum Corporation Ltd.
0.71
REC Ltd.
0.70
NTPC Ltd.
0.70
REC Ltd.
0.64
Power Finance Corporation Ltd.
0.59
Export-Import Bank of India
0.58
Indian Oil Corporation Ltd.
0.56
Power Finance Corporation Ltd.
0.56
REC Ltd.
0.55
Export-Import Bank of India
0.53
5.15% CGL 2025
0.49
Export-Import Bank of India
0.47
National Bank for Agriculture and Rural Development
0.38
Power Grid Corporation of India Ltd.
0.37
National Housing Bank
0.37
REC Ltd.
0.37
Punjab National Bank( Tier II Bond under Basel III )
0.37
Power Finance Corporation Ltd.
0.37
REC Ltd.
0.37
National Bank for Agriculture and Rural Development
0.37
Bank of Baroda( AT1 Bond under Basel III )
0.37
Indian Oil Corporation Ltd.
0.37
Indian Oil Corporation Ltd.
0.37
REC Ltd.
0.36
Nuclear Power Corporation of India Ltd.
0.36
National Bank for Agriculture and Rural Development
0.36
Indian Railway Finance Corporation Ltd.
0.36
National Housing Bank
0.36
REC Ltd.
0.35
National Bank for Agriculture and Rural Development
0.35
Food Corporation of India
0.33
Bank of Baroda( AT1 Bond under Basel III )
0.32
NTPC Ltd.
0.32
Power Grid Corporation of India Ltd.
0.30
National Bank for Agriculture and Rural Development
0.30
ICICI Bank Ltd.
0.30
Punjab National Bank( AT1 Bond under Basel III )
0.29
Export-Import Bank of India
0.29
NTPC Ltd.
0.27
Export-Import Bank of India
0.27
Nuclear Power Corporation of India Ltd.
0.25
Power Grid Corporation of India Ltd.
0.23
Punjab National Bank
0.23
Power Grid Corporation of India Ltd.
0.23
Union Bank of India( AT1 Bond under Basel III )
0.21
Indian Railway Finance Corporation Ltd.
0.20
Small Industries Development Bank of India
0.20
Power Finance Corporation Ltd.
0.19
Power Finance Corporation Ltd.
0.18
REC Ltd.
0.18
GAIL (India) Ltd.
0.18
Power Grid Corporation of India Ltd.
0.18
Small Industries Development Bank of India
0.18
REC Ltd.
0.18
Housing and Urban Development Corporation Ltd.
0.17
Power Grid Corporation of India Ltd.
0.16
Indian Railway Finance Corporation Ltd.
0.15
National Bank for Agriculture and Rural Development
0.15
Punjab National Bank( AT1 Bond under Basel III )
0.15
Bank of Baroda( AT1 Bond under Basel III )
0.11
Union Bank of India( AT1 Bond under Basel III )
0.07
Indian Railway Finance Corporation Ltd.
0.06
NHPC Ltd.
0.01

Sector Holding%
Miscellaneous
63.77

Fund Manager

Rajeev Radhakrishnan

Education:B.E (Production), MMS (Finance) & CFA
Experience:10 Year
Basic Details:Mr. Rajeev has joined SBI Funds Management Pvt. Ltd. in June 2008 and manages various Fixed Income schemes. He brings with him over 10 years of experience in funds management including around 2 years in equity funds and research and 8 years in Fixed Income Funds. He was earlier associated with UTI Mutual Fund as a Co-Fund Manager, managing fixed income funds and debt portion of balanced schemes.
Funds Managed:
SBI Banking and PSU Fund
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Floating Rate Debt Fund
SBI Magnum Children's Benefit Fund - Savings Plan
SBI Magnum Low Duration Fund
SBI Short Term Debt Fund

Mohit Jain

Education:B.E., CFA
Experience:5
Basic Details:
Funds Managed:
SBI Banking and PSU Fund
SBI Magnum Children's Benefit Fund - Investment Plan
SBI Corporate Bond Fund
SBI Corporate Bond Fund
SBI Equity Hybrid Fund
SBI International Access - US Equity FoF

Holding Type Holding %
[ICRA]AAA
14.93
CARE AA
0.32
CARE AAA
2.42
Cash
15.38
CRISIL A1+
12.98
CRISIL AA+
1.08
CRISIL AA-
0.07
CRISIL AAA
43.81
CRISIL AAA(CE)
0.33
IND AA
0.65
IND AAA
0.18
Sov
7.87

About SBI Banking and PSU Fund

NULL

Scheme Analysis

SBI Banking and PSU Fund is a Debt - Banking and PSU Fund fund and belongs to SBI Mutual Fund. It was launched on 07-Jan-2013 and currently has an AUM of ₹14,078.19 crore. SBI Banking and PSU Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of SBI Banking and PSU Fund ended up ₹0.94(0.04%)yesterday to ₹2608.548.

Among its top 3 holdings the fund has exposure to TREPS, and

The SBI Banking and PSU Fund is managed by Rajeev Radhakrishnan and Mohit Jain.

Fund House Contact

Address:

191, Maker Tower 'E' Cuffe Parade Mumbai - 400 005

Phone Number: 022 - 22180221-27

Email Address: partnerforlife@sbimf.com

Fax Number: 022 - 22189663

Website: www.sbimf.com

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