SBI Banking & Financial Services Fund - IDCW - Regular Plan

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) 5.81 10.53 32.25 14.55 14.01 14.72
BSE SENSEX - TRI 5.65 5.87 23.36 14.98 15.70 13.76
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 - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 32.25 14.55 14.01 1.85 5,387.33
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 25.99 17.87 13.06 1.90 5,462.71
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 23.47 14.64 13.50 1.99 2,048.30
TATA Banking & Financial Services Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Dec 28, 2015 23.47 14.64 13.50 1.99 2,048.30
Sundaram Financial Services Opportunities Fund Regular Plan - Income Distribution cum Capital Withdrawal (IDCW) Jun 10, 2008 34.69 19.52 16.80 2.13 1,268.85
UTI Banking and Financial Services Fund - Regular Plan - IDCW Apr 09, 2004 25.19 14.49 10.40 2.23 1,056.18

Fund Holdings as on 31-May-2024

  • ICICI Bank Ltd.

  • HDFC Bank Ltd.

  • Kotak Mahindra Bank Ltd.

  • State Bank of India

  • TREPS

  • Nippon Life India Asset Management Ltd.

  • Cholamandalam Investment & Finance Co. Ltd.

  • Muthoot Finance Ltd.

  • Bank of India

  • Karur Vysya Bank Ltd.

  • Power Finance Corporation Ltd.

  • Indian Bank

  • ICICI Lombard General Insurance Company Ltd.

  • HDFC Asset Management Co. Ltd.

  • Aavas Financiers Ltd.

  • Bank of Baroda

  • Aptus Value Housing Finance India Ltd.

  • Margin amount for Derivative positions

  • The Federal Bank Ltd.

  • SBI Life Insurance Co. Ltd.

  • Life Insurance Corporation of India

  • Net Receivable / Payable

  • Cholamandalam Financial Holdings Ltd.

  • SBFC Finance Ltd.

  • City Union Bank Ltd.

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Miscellaneous

  • Finance - Asset Management

  • Insurance

  • Finance - Housing

  • Finance Term Lending

  • Finance - Investment

  • Finance - Others

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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

Most Recent Dividend

  • 16/03/2018

  • 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 ₹5,387.33 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 ₹0.17(0.53%)yesterday to ₹32.2201.

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