Fund Performance
Lumpsum
SIP
15.17
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,276 today.
NAV Performance
Fund Information
-
₹ 30.900
as on 07 Dec 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 3,767 Cr.
as on 31 May 2023 -
1.91%
-
26 Feb 2015
-
Nifty Financial Services TRI
-
SBI Mutual Fund
Show All Funds -
SBI Banking & Financial Services Fund - Regular Plan - Growth charges 0.5% of sell value; if fund sold before 30 days. There are no other charges.
Highlights of this fund
SBI Banking & Financial Services Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 26 Feb 2015. This fund is offered by one of the top AMC (Assets Management Company) SBI Mutual Fund. You can also view here all other Equity funds offered by SBI Mutual Fund.
Latest NAV of the fund is ₹ 30.900 as on 07 Dec 2023.
This fund has 8 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.91%. Ideally you shoulds compare this fund with the benchmark Nifty Financial Services TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
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.
List of Fund Managers of SBI Banking & Financial Services Fund
-
About Millind Agarwal
-
About Mohit Jain
Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 15.80% | 17.91% | 39.59% | 46.68% | 38.01% | 39.96% | 30.32% | 22.61% | 73.40% | 47.62% | 38.75% | 35.87% | 22.96% |
| Category Average | 7.89% | 7.75% | 19.55% | 24.55% | 16.18% | 22.54% | 17.96% | 16.11% | 39.43% | 25.72% | 21.11% | 22.11% | 16.05% |
| SBI Banking & Financial Services Fund | 7.41%₹ 10,741 | 8.19%₹ 10,818 | 13.14%₹ 11,314 | 15.36%₹ 11,536 | 27.26%₹ 13,702 | 12.47%₹ 12,648 | 19.57%₹ 29,060 | 15.17%₹ 15,276 | 14.75%₹ 44,817 | 14.06%₹ 19,313 | 15.58%₹ 88,604 | - | - |
| ICICI Prudential Infrastructure Fund | 11.47%₹ 11,146 | 11.27%₹ 11,127 | 26.65%₹ 12,664 | 38.25%₹ 13,824 | 53.05%₹ 15,215 | 33.51%₹ 17,824 | 40.68%₹ 34,905 | 39.96%₹ 27,416 | 36.59%₹ 60,348 | 24.68%₹ 30,150 | 33.12%₹ 1,35,026 | 18.24%₹ 53,481 | 19.82%₹ 3,41,067 |
| Quant Infrastructure Fund | 13.01%₹ 11,300 | 13.35%₹ 11,334 | 28.31%₹ 12,830 | 22.02%₹ 12,201 | 48.80%₹ 14,971 | 19.60%₹ 14,303 | 29.50%₹ 31,759 | 39.90%₹ 27,381 | 30.17%₹ 55,461 | 30.32%₹ 37,612 | 35.87%₹ 1,43,964 | 21.23%₹ 68,666 | 22.96%₹ 4,04,298 |
| HDFC Infrastructure Fund | 10.62%₹ 11,062 | 11.83%₹ 11,183 | 37.31%₹ 13,731 | 46.68%₹ 14,667 | 71.31%₹ 16,242 | 33.60%₹ 17,850 | 47.59%₹ 36,902 | 38.95%₹ 26,828 | 38.75%₹ 62,055 | 19.09%₹ 23,960 | 30.59%₹ 1,27,201 | 14.47%₹ 38,678 | 15.20%₹ 2,65,951 |
| Aditya Birla Sun Life PSU Equity Fund | 15.80%₹ 11,580 | 17.91%₹ 11,791 | 39.59%₹ 13,959 | 44.64%₹ 14,463 | 73.40%₹ 16,358 | 35.55%₹ 18,374 | 47.62%₹ 36,912 | 37.58%₹ 26,043 | 38.72%₹ 62,029 | - | - | - | - |
| Nippon India Power & Infra Fund | 11.74%₹ 11,173 | 12.97%₹ 11,296 | 31.88%₹ 13,188 | 45.13%₹ 14,513 | 65.94%₹ 15,943 | 29.49%₹ 16,767 | 45.31%₹ 36,239 | 36.28%₹ 25,309 | 36.56%₹ 60,322 | 23.04%₹ 28,211 | 31.71%₹ 1,30,630 | 18.09%₹ 52,794 | 19.20%₹ 3,29,870 |
Portfolio Holdings
Top Sector Holdings of SBI Banking & Financial Services Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 55.31% | ₹ 2,284.28 Cr. |
| Housing Finance | 14.54% | ₹ 600.32 Cr. |
| NBFC | 10.33% | ₹ 446.13 Cr. |
| Insurance | 7.63% | ₹ 315.09 Cr. |
| Microfinance institutions | 0.61% | ₹ 25.25 Cr. |
| Others | 11.58% | - |
Top Stock Holdings of SBI Banking & Financial Services Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 17.44% | ₹ 720.01 Cr. |
| Housing Development Finance Corporation Ltd. | 9.59% | ₹ 396.06 Cr. |
| Bajaj Finance Ltd. | 7.26% | ₹ 299.69 Cr. |
| State Bank Of India | 6.51% | ₹ 268.76 Cr. |
| LIC Housing Finance Ltd. | 4.95% | ₹ 204.26 Cr. |
| Others | 54.25% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 8.70% |
| Net Receivables | 1.47% |
| Margin | 0.97% |
| Warrants | 0.34% |