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Fund Overview

Fund Size

Fund Size

₹5,861 Cr

Expense Ratio

Expense Ratio

0.75%

ISIN

ISIN

INF200KA1507

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

26 Feb 2015

About this fund

SBI Banking & Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 9 years, 4 months and 16 days, having been launched on 26-Feb-15.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹41.46, Assets Under Management (AUM) of 5861.16 Crores, and an expense ratio of 0.75%.
  • SBI Banking & Financial Services Fund Direct Growth has given a CAGR return of 16.39% since inception.
  • The fund's asset allocation comprises around 93.30% in equities, 0.00% in debts, and 6.70% 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

+34.09%

+23.54% (Cat Avg.)

3 Years

+17.61%

+17.72% (Cat Avg.)

5 Years

+16.16%

+13.71% (Cat Avg.)

Since Inception

+16.39%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity5,468.25 Cr93.30%
Others392.91 Cr6.70%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity1,467.38 Cr25.04%
ICICI Bank LtdEquity1,035.95 Cr17.67%
Kotak Mahindra Bank LtdEquity558.78 Cr9.53%
State Bank of IndiaEquity290.67 Cr4.96%
Power Finance Corp LtdEquity261.95 Cr4.47%
TrepsCash - Repurchase Agreement239.98 Cr4.09%
Muthoot Finance LtdEquity234.64 Cr4.00%
Cholamandalam Investment and Finance Co LtdEquity228.76 Cr3.90%
ICICI Lombard General Insurance Co LtdEquity216.85 Cr3.70%
Nippon Life India Asset Management Ltd Ordinary SharesEquity215.68 Cr3.68%
Bank of IndiaEquity137.93 Cr2.35%
Karur Vysya Bank LtdEquity137.14 Cr2.34%
The Federal Bank LtdEquity135.4 Cr2.31%
AAVAS Financiers LtdEquity128.49 Cr2.19%
Aptus Value Housing Finance India LtdEquity111.07 Cr1.90%
Manappuram Finance LtdEquity108.46 Cr1.85%
Net Receivable / PayableCash - Collateral82.03 Cr1.40%
Margin Amount For Derivative PositionsCash - Collateral70.9 Cr1.21%
SBI Life Insurance Company LimitedEquity59.68 Cr1.02%
Indian BankEquity36.98 Cr0.63%
Cholamandalam Financial Holdings LtdEquity34.33 Cr0.59%
Life Insurance Corporation of IndiaEquity27.47 Cr0.47%
SBFC Finance LtdEquity24.98 Cr0.43%
City Union Bank LtdEquity12.36 Cr0.21%
Home First Finance Co India Ltd ---Equity3.31 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

70.76%

Mid Cap Stocks

12.98%

Small Cap Stocks

9.56%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services5,468.25 Cr93.30%

Risk & Performance Ratios

Standard Deviation

This fund

14.75%

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

0.79

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

MJ

Mohit Jain

Since November 2017

MA

Milind Agrawal

Since August 2019

Additional Scheme Detailsas of 30th June 2024

ISIN
INF200KA1507
Expense Ratio
0.75%
Exit Load
No Charges
Fund Size
₹5,861 Cr
Age
26 Feb 2015
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty Financial Services TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr15.1%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2759.48 Cr64.0%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr64.1%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr17.5%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr22.9%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr25.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr26.9%

About the AMC

Total AUM

₹9,74,502 Cr

Address

C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051

Other Funds by SBI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
SBI Nifty50 Equal Weight Index Fund Direct Growth

Very High Risk

0.5%0.0%₹954.55 Cr-
SBI Fixed Maturity Plan (FMP) - Series 91 (90 Days) Direct Growth

Moderately High risk

-0.0%--
SBI Debt Fund Series C 24 Direct Growth

Low to Moderate Risk

-0.0%-4.4%
SBI Fixed Maturity Plan (FMP) - Series 47 (1434 Days) Direct Growth

Moderate Risk

-0.0%₹135.51 Cr7.4%
SBI Fixed Maturity Plan Series 41 1498 Days Direct Growth

Moderate Risk

-0.0%₹865.97 Cr7.3%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹42.06 Cr43.1%
SBI Debt Fund Series C 25 Direct Growth

Low to Moderate Risk

-0.0%-5.1%
SBI Fixed Maturity Plan (FMP) - Series 60 (1878 Days) Direct Growth

Low to Moderate Risk

-0.0%₹230.84 Cr7.7%
SBI Fixed Maturity Plan (FMP) - Series 74 1243 Days Direct Growth

Low to Moderate Risk

---7.7%
SBI Fixed Maturity Plan Series 78 1170 Days Direct Growth

Low to Moderate Risk

-0.0%-7.4%
SBI Fixed Maturity Plan Series 66 1361 Days Direct Growth

Moderate Risk

-0.0%-7.6%
SBI Fixed Maturity Plan Series 57 1835 Days Direct Growth

Low to Moderate Risk

--₹240.01 Cr7.7%
SBI Fixed Maturity Plan (FMP) - Series 80 366 Days Direct Growth

Moderate Risk

-0.0%-7.6%
SBI Fixed Maturity Plan Series 1 3668 Days Direct Growth

Moderate Risk

-0.0%₹44.68 Cr7.9%
SBI Fixed Maturity Plan Series 81 1157 Days Direct Growth

Low to Moderate Risk

-0.0%-7.5%
SBI Fixed Maturity Plan (FMP) - Series 49 (1823 Days) Direct Growth

Low to Moderate Risk

-0.0%₹366.77 Cr7.7%
SBI Fixed Maturity Plan (FMP) - Series 75 (366 Days) Direct Growth

Moderate Risk

---7.5%
SBI Fixed Maturity Plan Series 46 1850 Days Direct Growth

Low to Moderate Risk

-0.0%₹123.35 Cr7.5%
SBI Fixed Maturity Plan Series 53 1839 Days Direct Growth

Low to Moderate Risk

--₹288.81 Cr7.7%
SBI Long Term Advantage Fund Series I Direct Growth

Very High Risk

-0.0%₹51.91 Cr43.1%
SBI Fixed Maturity Plan Series 79 1130 Days Direct Growth

Low to Moderate Risk

-0.0%-7.3%
SBI Long Term Advantage Fund Series VI Direct Growth

Very High Risk

-0.0%₹305.37 Cr50.1%
SBI Fixed Maturity Plan Series 76 1221 Days Direct Growth

Low to Moderate Risk

---7.3%
SBI Tax Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹33.26 Cr32.0%
SBI Fixed Maturity Plan Series 73 1226 Days Direct Growth

Low to Moderate Risk

---7.4%
SBI Fixed Maturity Plan Series 44 1855 Days Direct Growth

Low to Moderate Risk

-0.0%₹360.37 Cr7.6%
SBI Fixed Maturity Plan Series 65 367 Days Direct Growth

Low to Moderate Risk

-0.0%--
SBI Fixed Maturity Plan (FMP) - Series 58 (1842 Days) Direct Growth

Low to Moderate Risk

--₹234.47 Cr7.6%
SBI Fixed Maturity Plan (FMP) - Series 50 (1843 Days) Direct Growth

Low to Moderate Risk

--₹113.88 Cr7.4%
SBI Fixed Maturity Plan Series 52 1848 Days Direct Growth

Low to Moderate Risk

--₹128.24 Cr7.7%
SBI Fixed Maturity Plan Series 67 1467 Days Direct Growth

Low to Moderate Risk

-0.0%-7.5%
SBI Fixed Maturity Plan (FMP) - Series 54 (1842 Days) Direct Growth

Low to Moderate Risk

--₹35.19 Cr7.7%
SBI Fixed Maturity Plan Series 6 3668 Days Direct Growth

Moderate Risk

-0.0%₹32.33 Cr7.8%
SBI Fixed Maturity Plan Series 34 3682 Days Direct Growth

Moderate Risk

--₹25.66 Cr7.7%
SBI Fixed Maturity Plan Series 64 1169 Days Direct Growth

Low to Moderate Risk

-0.0%-7.3%
SBI Fixed Maturity Plan (FMP) - Series 59 (1618 Days) Direct Growth

Low to Moderate Risk

-0.0%₹26.18 Cr7.2%
SBI Long Term Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹76.67 Cr46.2%
SBI Long Term Advantage Fund Series V Direct Growth

Very High Risk

-0.0%₹334.02 Cr42.7%
SBI Fixed Maturity Plan Series 43 1616 Days Direct Growth

Low to Moderate Risk

-0.0%₹111.86 Cr7.5%
SBI Fixed Maturity Plan Series 45 1840 Days Direct Growth

Moderate Risk

-0.0%₹211.51 Cr7.7%
SBI Fixed Maturity Plan Series 69 367 Days Direct Growth

Moderate Risk

-0.0%-7.6%
SBI Long Term Advantage Fund Series IV Direct Growth

Very High Risk

-0.0%₹222.47 Cr39.7%
SBI Fixed Maturity Plan Series 56 1232 Days Direct Growth

Low to Moderate Risk

--₹271.60 Cr7.4%
SBI Fixed Maturity Plan (FMP) - Series 48 (1458 Days) Direct Growth

Low to Moderate Risk

-0.0%₹43.79 Cr7.4%
SBI Fixed Maturity Plan Series 68 1302 Days Direct Growth

Low to Moderate Risk

-0.0%-7.2%
SBI Fixed Maturity Plan Series 42 1857 Days Direct Growth

Low to Moderate Risk

-0.0%₹447.95 Cr7.6%
SBI Fixed Maturity Plan Series 63 372 Days Direct Growth

Low to Moderate Risk

-0.0%-6.3%
SBI Fixed Maturity Plan (FMP) - Series 51 (1846 Days) Direct Growth

Low to Moderate Risk

--₹279.31 Cr7.6%
SBI Fixed Maturity Plan (FMP) - Series 71 (364 Days) Direct Growth

Moderate Risk

---7.5%
SBI Fixed Maturity Plan Series (FMP) - 77 (366 Days) Direct Growth

Moderate Risk

-0.0%-7.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of SBI Banking & Financial Services Fund Direct Growth, as of 11-Jul-2024, is ₹41.46.
The fund has generated 34.09% over the last 1 year and 17.61% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 93.30% in equities, 0.00% in bonds, and 6.70% in cash and cash equivalents.
The fund managers responsible for SBI Banking & Financial Services Fund Direct Growth are:-
  1. Mohit Jain
  2. Milind Agrawal