SBI Banking & Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹7,999 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 18-Jun-25, it has a Net Asset Value (NAV) of ₹46.92, Assets Under Management (AUM) of 7998.78 Crores, and an expense ratio of 0.74%.
- SBI Banking & Financial Services Fund Direct Growth has given a CAGR return of 16.18% since inception.
- The fund's asset allocation comprises around 96.82% in equities, 0.00% in debts, and 3.18% 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
+17.78%
+10.69% (Cat Avg.)
3 Years
+26.44%
+23.87% (Cat Avg.)
5 Years
+25.05%
+25.16% (Cat Avg.)
10 Years
+17.59%
+12.65% (Cat Avg.)
Since Inception
+16.18%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹7,744.25 Cr | 96.82% |
| Others | ₹254.53 Cr | 3.18% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹2,142.25 Cr | 26.78% |
| ICICI Bank Ltd | Equity | ₹872.66 Cr | 10.91% |
| Axis Bank Ltd | Equity | ₹749.37 Cr | 9.37% |
| Kotak Mahindra Bank Ltd | Equity | ₹745.14 Cr | 9.32% |
| Max Financial Services Ltd | Equity | ₹348.54 Cr | 4.36% |
| HDFC Life Insurance Co Ltd | Equity | ₹332.09 Cr | 4.15% |
| Treps | Cash - Repurchase Agreement | ₹309.6 Cr | 3.87% |
| Muthoot Finance Ltd | Equity | ₹307.27 Cr | 3.84% |
| Bank of Baroda | Equity | ₹224.24 Cr | 2.80% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹198.51 Cr | 2.48% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹194.72 Cr | 2.43% |
| Aptus Value Housing Finance India Ltd | Equity | ₹186.71 Cr | 2.33% |
| Bank of India | Equity | ₹173.04 Cr | 2.16% |
| Aditya Birla Capital Ltd | Equity | ₹170.17 Cr | 2.13% |
| Power Finance Corp Ltd | Equity | ₹168.7 Cr | 2.11% |
| HDFC Asset Management Co Ltd | Equity | ₹143.49 Cr | 1.79% |
| Net Receivable / Payable | Cash - Collateral | ₹-121.72 Cr | 1.52% |
| SBI Life Insurance Co Ltd | Equity | ₹114.33 Cr | 1.43% |
| ICRA Ltd | Equity | ₹103.63 Cr | 1.30% |
| City Union Bank Ltd | Equity | ₹103.36 Cr | 1.29% |
| CARE Ratings Ltd | Equity | ₹100.83 Cr | 1.26% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹95.22 Cr | 1.19% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹75.59 Cr | 0.95% |
| Manappuram Finance Ltd | Equity | ₹71.48 Cr | 0.89% |
| CRISIL Ltd | Equity | ₹64.53 Cr | 0.81% |
| Margin Amount For Derivative Positions | Cash - Collateral | ₹61.65 Cr | 0.77% |
| SBFC Finance Ltd | Equity | ₹34.25 Cr | 0.43% |
| RBL Bank Ltd | Equity | ₹13.54 Cr | 0.17% |
| State Bank of India | Equity | ₹10.59 Cr | 0.13% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹5 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
67.00%
Mid Cap Stocks
20.01%
Small Cap Stocks
9.81%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹7,744.25 Cr | 96.82% |
Risk & Performance Ratios
Standard Deviation
This fund
13.47%
Cat. avg.
15.63%
Lower the better
Sharpe Ratio
This fund
1.10
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.65
Higher the better
Fund Managers
Milind Agrawal
Since August 2019
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF200KA1507 | Expense Ratio | 0.74% | Exit Load | No Charges | Fund Size | ₹7,999 Cr | Age | 10 years 3 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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  |
|---|---|---|---|---|
| HSBC Financial Services Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹621.82 Cr | - |
| HSBC Financial Services Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹621.82 Cr | - |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2739.51 Cr | 11.1% |
| Mirae Asset Nifty PSU Bank ETF Very High Risk | 0.2% | - | ₹45.18 Cr | - |
| Edelweiss Nifty Bank ETF Very High Risk | 0.1% | - | ₹7.09 Cr | - |
| Helios Financial Services Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹172.68 Cr | - |
| Helios Financial Services Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹172.68 Cr | - |
| Baroda BNP Paribas NIFTY Bank ETF Very High Risk | 0.1% | - | ₹3.55 Cr | - |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹3356.82 Cr | 11.1% |
| HDFC Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹335.01 Cr | 11.1% |
About the AMC
Total AUM
₹11,01,967 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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Who manages the SBI Banking & Financial Services Fund Direct Growth?
- Milind Agrawal
- Pradeep Kesavan
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