SBI Banking & Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (22-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹6,407 Cr
Expense Ratio
0.74%
ISIN
INF200KA1507
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
26 Feb 2015
About this fund
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹41.85, Assets Under Management (AUM) of 6407.35 Crores, and an expense ratio of 0.74%.
- SBI Banking & Financial Services Fund Direct Growth has given a CAGR return of 15.98% since inception.
- The fund's asset allocation comprises around 94.75% in equities, 0.00% in debts, and 5.25% in cash & cash equivalents.
- You can start investing in SBI Banking & Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+33.57%
+18.69% (Cat Avg.)
3 Years
+13.47%
+12.06% (Cat Avg.)
5 Years
+16.57%
+14.42% (Cat Avg.)
Since Inception
+15.98%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹6,070.82 Cr | 94.75% |
| Others | ₹336.53 Cr | 5.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1,315.75 Cr | 20.53% |
| HDFC Bank Ltd | Equity | ₹1,041.78 Cr | 16.26% |
| Kotak Mahindra Bank Ltd | Equity | ₹611.8 Cr | 9.55% |
| Muthoot Finance Ltd | Equity | ₹306.11 Cr | 4.78% |
| Treps | Cash - Repurchase Agreement | ₹234.3 Cr | 3.66% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹195.18 Cr | 3.05% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹184.55 Cr | 2.88% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹180.9 Cr | 2.82% |
| Power Finance Corp Ltd | Equity | ₹180.18 Cr | 2.81% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹179.43 Cr | 2.80% |
| State Bank of India | Equity | ₹176.1 Cr | 2.75% |
| Karur Vysya Bank Ltd | Equity | ₹174.52 Cr | 2.72% |
| AAVAS Financiers Ltd | Equity | ₹168.99 Cr | 2.64% |
| Bajaj Finserv Ltd | Equity | ₹158.07 Cr | 2.47% |
| Aptus Value Housing Finance India Ltd | Equity | ₹141.83 Cr | 2.21% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹137.86 Cr | 2.15% |
| Bank of India | Equity | ₹134.83 Cr | 2.10% |
| PB Fintech Ltd | Equity | ₹128.42 Cr | 2.00% |
| The Federal Bank Ltd | Equity | ₹114.55 Cr | 1.79% |
| JM Financial Ltd | Equity | ₹105.44 Cr | 1.65% |
| Punjab National Bank | Equity | ₹98.17 Cr | 1.53% |
| Can Fin Homes Ltd | Equity | ₹94.52 Cr | 1.48% |
| General Insurance Corp of India | Equity | ₹87.03 Cr | 1.36% |
| City Union Bank Ltd | Equity | ₹86.58 Cr | 1.35% |
| Net Receivable / Payable | Cash - Collateral | ₹-78.67 Cr | 1.23% |
| Bajaj Housing Finance Ltd | Equity | ₹77.03 Cr | 1.20% |
| BSE Ltd | Equity | ₹61.55 Cr | 0.96% |
| HDFC Asset Management Co Ltd | Equity | ₹42.99 Cr | 0.67% |
| SBFC Finance Ltd | Equity | ₹28.65 Cr | 0.45% |
| Manappuram Finance Ltd | Equity | ₹20.06 Cr | 0.31% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹16.11 Cr | 0.25% |
| ICRA Ltd | Equity | ₹2.72 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
56.15%
Mid Cap Stocks
21.50%
Small Cap Stocks
15.90%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹6,070.82 Cr | 94.75% |
Risk & Performance Ratios
Standard Deviation
This fund
14.68%
Cat. avg.
16.52%
Lower the better
Sharpe Ratio
This fund
0.75
Cat. avg.
0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.09
Higher the better
Fund Managers
Milind Agrawal
Since August 2019
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 30th September 2024
ISIN INF200KA1507 | Expense Ratio 0.74% | Exit Load No Charges | Fund Size ₹6,407 Cr | Age 9 years 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.07 Cr | 12.3% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2475.19 Cr | 28.1% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1349.39 Cr | 28.1% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2549.65 Cr | 18.0% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹274.94 Cr | 18.0% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8899.01 Cr | 23.8% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1191.78 Cr | 25.1% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6388.51 Cr | 24.4% |
About the AMC
SBI Mutual Fund
Total AUM
₹10,87,986 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Milind Agrawal
- Pradeep Kesavan
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