SBI Banking & Financial Services Fund - IDCW - Regular Plan

Other Plans and Options

Fund Overview IDCW | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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. However, there can be no assurance that the investment objective of the Scheme will be realized.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) -6.28 -3.99 0.77 7.60 9.82 12.32
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI -1.83 -2.24 2.76 15.87 12.01 13.34

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

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 0.77 7.60 9.82 1.91 3,990.54
ICICI Prudential Banking and Financial Services Fund - IDCW Aug 22, 2008 1.11 7.41 6.18 1.95 5,518.62
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 4.05 9.99 6.41 2.05 4,019.67
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW Dec 14, 2013 -1.10 7.85 6.04 2.10 2,531.77
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 5.69 8.82 9.29 2.26 1,305.46
TATA Banking & Financial Services Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Dec 28, 2015 5.69 8.82 9.29 2.26 1,305.46

Fund Holdings as on 31-December-2022

  • HDFC Bank Ltd.

  • ICICI Bank Ltd.

  • Axis Bank Ltd.

  • State Bank of India

  • LIC Housing Finance Ltd.

  • Bajaj Finance Ltd.

  • Bank of Baroda

  • Bandhan Bank Ltd.

  • Karur Vysya Bank Ltd.

  • TREPS

  • ICICI Lombard General Insurance Company Ltd.

  • SBI Life Insurance Company Ltd.

  • Housing Development Finance Corporation Ltd.

  • SBI Cards & Payment Services Ltd.

  • Credit Access Grameen Ltd.

  • Bank of India

  • Cholamandalam Financial Holdings Ltd.

  • Muthoot Finance Ltd.

  • Canara Bank

  • Margin amount for Derivative positions

  • CSB Bank Ltd.

  • Housing Development Finance Corporation Ltd.

  • Net Receivable / Payable

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Finance - Housing

  • Insurance

  • Miscellaneous

  • Finance - Investment

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Fund Manager

  • Education:B.Tech, PGDM, CFA
  • Experience:8 Years
  • Basic Details:Milind Joined SBI Fund Management Private Limited in May 2018 as an Equity Reserach Analyst. He has an experience of over 8 yeras in the Financial Service Industry. Before Joining SBIFMPL, he had worked with Goldman Sachs Services Pct. Ltd. as an Equity Research Analysts for 6 years. Prior to that, he was a Foreign Exchange Reserach Analyst at Vadilal Enterprises Ltd.
  • Funds Managed:
  • SBI Banking & Financial Services Fund

Most Recent Dividend

  • 16/03/2018

  • Cash

  • Equity

  • Warrants

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About SBI Banking & Financial Services Fund

Scheme Analysis

SBI Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to SBI Mutual Fund. It was launched on 26-Feb-2015 and currently has an AUM of ₹3,990.54 crore. SBI Banking & Financial Services Fund is benchmarked against Nifty Financial Services - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of SBI Banking & Financial Services Fund ended down ₹-0.27(-1.19%)yesterday to ₹22.5823.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The SBI Banking & Financial Services Fund is managed by Milind Agrawal .

Fund House Contact

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

022 - 22180221-27
022 - 22189663
www.sbimf.com