SBI Banking & Financial Services Fund - Growth - Direct Plan

Other Plans and Options

Fund Overview Growth | Direct 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 - DIRECT PLAN - GROWTH 5.62 7.85 34.10 16.42 19.32 16.46
BSE SENSEX - TRI 3.43 7.97 24.60 13.52 19.58 13.95
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

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 - DIRECT PLAN - GROWTH Feb 26, 2015 34.10 16.42 19.32 0.73 6,120.42
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth Jan 01, 2013 25.20 14.76 17.14 1.03 8,175.89
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 27.23 19.23 19.79 1.08 6,138.44
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 22.80 15.07 18.40 1.01 3,270.54
Tata Banking And Financial Services Fund-Direct Plan-Growth Dec 28, 2015 24.98 16.45 19.20 0.45 2,302.40
Sundaram Financial Services Opportunities Fund - Direct Plan - Growth Option Jan 02, 2013 31.52 20.67 22.00 0.76 1,444.21

Fund Holdings as on 31-August-2024

  • ICICI Bank Ltd.

  • HDFC Bank Ltd.

  • Kotak Mahindra Bank Ltd.

  • Muthoot Finance Ltd.

  • TREPS

  • Power Finance Corporation Ltd.

  • Bajaj Finance Ltd.

  • ICICI Lombard General Insurance Company Ltd.

  • State Bank of India

  • Margin amount for Derivative positions

  • Nippon Life India Asset Management Ltd.

  • Cholamandalam Investment & Finance Co. Ltd.

  • Aavas Financiers Ltd.

  • Manappuram Finance Ltd.

  • Cholamandalam Financial Holdings Ltd.

  • Karur Vysya Bank Ltd.

  • Bajaj Finserv Ltd.

  • PB Fintech Ltd.

  • Bank of India

  • Aptus Value Housing Finance India Ltd.

  • The Federal Bank Ltd.

  • City Union Bank Ltd.

  • ICICI Prudential Life Insurance Company Ltd.

  • SBFC Finance Ltd.

  • Net Receivable / Payable

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  • Bank - Private

  • Finance - NBFC

  • Miscellaneous

  • Bank - Public

  • Finance - Investment

  • Finance - Housing

  • Finance Term Lending

  • Insurance

  • Finance - Asset Management

  • Fintech

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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
  • SBI Banking & Financial Services Fund

  • Cash

  • Equity

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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 ₹6,120.42 crore. SBI Banking & Financial Services Fund is benchmarked against BSE SENSEX - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of SBI Banking & Financial Services Fund ended up ₹0.13(0.3%)yesterday to ₹43.0963.

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

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

Fund House Contact

9th Floor, Crescenzo, C - 38 & 39 G Block, BKC, Bandra (East) Mumbai - 400 051

022 - 61793537
022 - 22189663
www.sbimf.com