SBI Banking & PSU Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Banking and PSU Fund category.

The NAV for SBI Banking & PSU Fund Fund is 2,849.332 as of 24 May 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 4.77% annualized return for the last 3 years.

SBI Banking & PSU Fund has 1 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of SBI Banking & PSU Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of SBI Banking & PSU Fund is 4,394.34 Cr.

  • SBI Banking & PSU Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.81%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • SBI Banking & PSU Fund is an Debt oriented mutual fund in the - Banking and PSU Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for SBI Banking & PSU Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 09 Oct 2009 as at present it is 15 years old fund.

  • Name of the AMC is SBI Mutual Fund. Click here to know more about SBI Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. SBI Banking & PSU Fund managed by following fund manager(s);

How does the Return Comparison of the SBI Banking & PSU Fund fare against peer funds in the Banking and PSU fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by SBI Banking & PSU Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Banking and PSU fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.41% 1.10% 5.63% 5.63% 7.41% 7.93% 6.61% 8.08% 8.11%
Category Average 0.32% 0.85% 4.82% 4.91% 6.69% 4.50% 4.83% 7.03% 7.45%
SBI Banking & PSU Fund 0.20% 0.78% 1.70% 3.81% - - - - - -
ICICI Prudential Banking & PSU Debt Fund 0.22% 0.85% 1.98% 3.95% 7.31% 7.13% 5.86% 6.91% 7.68%
Kotak Banking & PSU Fund 0.26% 0.88% 1.83% 4.01% 6.71% 6.75% 5.48% 6.91% 7.53%
Aditya Birla Sun Life Banking & PSU Debt Fund 0.25% 0.86% 1.81% 3.93% 6.72% 6.59% 5.34% 6.84% 7.82%
Axis Banking & PSU Debt Fund 0.20% 0.70% 1.83% 3.78% 6.36% 6.18% 5.11% 6.45% 7.35%
Bandhan Banking & PSU Debt Fund 0.23% 0.81% 1.83% 3.81% 6.37% 6.40% 5.13% 6.79% 7.32%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of SBI Banking & PSU Fund are shown below;

Equity -

Debt 95.08%

Others 4.92%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 33298 GOI 14AG33 7.18 FV RS 100 6.52%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23A 7.40 BD 30JN26 FVRS10LAC 5.42%
NUCLEAR POWER CORPORATION OF INDIA LIMITED SR XXXVIII 7.70 BD 20MR38 FVRS1LAC 4.66%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 168 A 7.40 BD 18AP26 FVRS1LAC 3.96%
POWER FINANCE CORPORATION LTD. SR BS216 7.13 BD 15JL26 FVRS10LAC 3.82%
Others 75.62%

Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 11.98%
BOND 47.62%
DEBENTURE 14.14%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk