SBI Banking and PSU Fund - Growth - Direct Plan

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

₹2560.7513 (-0.02%)Nav, as on 16-04-2021
Previous Nav
₹ 2561.1368
Net Change on 16-04-2021
₹-0.39
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 14,480.26
Expense Ratio
0.34%
(As on Mar 31, 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 (₹)
2371.34
52 Week Low Nav Date
29-Apr-2020
52 Week High Nav (₹)
2571.12
52 Week High Nav Date
08-Jan-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	12.85	0.37	8.87	8.83	8.39	8.85
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	8.87	8.83	8.39	0.34	14,480.26
IDFC Banking & PSU Debt Fund-Direct Plan- Growth Option	Mar 07, 2013	9.45	9.59	8.37	0.31	17,763.88
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option	Jan 01, 2013	8.63	8.95	8.45	0.31	16,154.21
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth	Mar 13, 2013	9.55	8.21	8.35	0.37	14,452.34
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth	Jan 01, 2013	9.58	8.85	8.67	0.35	14,048.62
HDFC BANKING AND PSU DEBT FUND - Direct Plan - Growth Option	Mar 26, 2014	9.64	8.79	8.58	0.36	9,899.39

Fund Holdings as on 31-March-2021

Company % Assets
TREPS
17.14
Oil & Natural Gas Corporation Ltd.
5.20
State Bank of India( Tier II Bond under Basel III )
3.56
Oil & Natural Gas Corporation Ltd.
3.44
Export-Import Bank of India
3.37
Axis Bank Ltd.
3.06
National Bank for Agriculture and Rural Development
2.75
State Bank of India( Tier II Bond under Basel III )
2.51
Indian Bank( Tier II Bond under Basel III )
2.34
Air India Assets Holding Ltd.
2.32
6.18% CGL 2024
2.31
5.22% CGL 2025
2.25
Indian Bank( Tier II Bond under Basel III )
2.00
Union Bank of India( Tier II Bond under Basel III )
1.89
Net Receivable / Payable
1.73
NTPC Ltd.
1.71
National Bank for Agriculture and Rural Development
1.42
National Housing Bank
1.39
National Bank for Agriculture and Rural Development
1.37
Bank of Baroda( Tier II Bond under Basel III )
1.33
National Highways Authority of India
1.31
7.27% CGL 2026
1.24
National Housing Bank
1.21
National Housing Bank
1.20
Axis Bank Ltd.
1.14
Power Finance Corporation Ltd.
1.05
Indian Oil Corporation Ltd.
1.03
5.15% CGL 2025
1.01
Power Grid Corporation of India Ltd.
0.97
5.95% State Government of Tamil Nadu 2025
0.90
REC Ltd.
0.86
Hindustan Petroleum Corporation Ltd.
0.82
REC Ltd.
0.76
National Bank for Agriculture and Rural Development
0.75
Indian Railway Finance Corporation Ltd.
0.73
Power Finance Corporation Ltd.
0.72
State Bank of India( Tier II Bond under Basel III )
0.72
6.80% State Government of Odisha 2025
0.71
Housing and Urban Development Corporation Ltd.
0.71
Indian Railway Finance Corporation Ltd.
0.70
Indian Railway Finance Corporation Ltd.
0.69
REC Ltd.
0.68
NTPC Ltd.
0.68
Bank of Baroda( Tier II Bond under Basel III )
0.65
REC Ltd.
0.62
Bank of Baroda( Tier II Bond under Basel III )
0.62
Power Finance Corporation Ltd.
0.57
Indian Railway Finance Corporation Ltd.
0.54
Power Finance Corporation Ltd.
0.54
REC Ltd.
0.54
Hindustan Petroleum Corporation Ltd.
0.51
Export-Import Bank of India
0.49
Export-Import Bank of India
0.38
Indian Railway Finance Corporation Ltd.
0.37
8.03% State Government of Gujarat 2025
0.37
National Bank for Agriculture and Rural Development
0.37
Power Grid Corporation of India Ltd.
0.37
REC Ltd.
0.36
Power Finance Corporation Ltd.
0.36
Punjab National Bank( Tier II Bond under Basel III )
0.36
REC Ltd.
0.36
National Bank for Agriculture and Rural Development
0.36
Nuclear Power Corporation of India Ltd.
0.35
REC Ltd.
0.35
Bank of Baroda( AT1 Bond under Basel III )
0.35
National Bank for Agriculture and Rural Development
0.35
REC Ltd.
0.34
National Bank for Agriculture and Rural Development
0.34
Bank of Baroda( AT1 Bond under Basel III )
0.31
National Bank for Agriculture and Rural Development
0.29
ICICI Bank Ltd.
0.29
Bank of Baroda( AT1 Bond under Basel III )
0.28
Punjab National Bank( AT1 Bond under Basel III )
0.28
Export-Import Bank of India
0.28
Export-Import Bank of India
0.26
Power Grid Corporation of India Ltd.
0.22
Union Bank of India( AT1 Bond under Basel III )
0.20
Small Industries Development Bank of India
0.20
Indian Railway Finance Corporation Ltd.
0.20
Power Grid Corporation of India Ltd.
0.19
Power Finance Corporation Ltd.
0.18
Indian Railway Finance Corporation Ltd.
0.18
Power Finance Corporation Ltd.
0.18
GAIL (India) Ltd.
0.18
REC Ltd.
0.18
Power Grid Corporation of India Ltd.
0.18
Export-Import Bank of India
0.17
REC Ltd.
0.17
Housing and Urban Development Corporation Ltd.
0.16
Power Grid Corporation of India Ltd.
0.16
Indian Railway Finance Corporation Ltd.
0.15
National Bank for Agriculture and Rural Development
0.14
Punjab National Bank( AT1 Bond under Basel III )
0.14
Power Grid Corporation of India Ltd.
0.11
Bank of Baroda( Tier II Bond under Basel III )
0.07
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
57.47

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 Arbitrage Opportunities Fund
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 Magnum Ultra Short 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 Dynamic Asset Allocation Fund
SBI Equity Hybrid Fund
SBI Floating Rate Debt Fund
SBI International Access - US Equity FoF
SBI Retirement Benefit Fund - Conservative Hybrid Plan
SBI Retirement Benefit Fund - Aggressive Plan
SBI Retirement Benefit Fund - Conservative Plan
SBI Retirement Benefit Fund - Aggressive Hybrid Plan

Holding Type Holding %
[ICRA]A1+
4.47
[ICRA]AAA
11.75
CARE AA
0.31
Cash
18.87
CRISIL A1+
10.40
CRISIL AA+
2.88
CRISIL AA-
0.07
CRISIL AAA
36.64
IND AA
0.62
IND AA+
2.34
IND AAA
2.85
Sov
8.79

About SBI Banking and PSU Fund

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 ₹14,480.26 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 down ₹-0.39(-0.02%)yesterday to ₹2560.7513.

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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