|NAV: 16 May 2022||₹21.25|
|Min. SIP amount||₹500|
|Rank with in category||10||4||1||NA|
|HDFC Bank Ltd.||Financial||Equity||21.3%|
|ICICI Bank Ltd.||Financial||Equity||16.5%|
|State Bank of India||Financial||Equity||9.2%|
|Axis Bank Ltd.||Financial||Equity||7.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.2%|
|Bandhan Bank Ltd.||Financial||Equity||3.9%|
|The Federal Bank Ltd.||Financial||Equity||3.7%|
|CreditAccess Grameen Ltd.||Financial||Equity||3.4%|
|Indusind Bank Ltd.||Financial||Equity||3.1%|
|Bank Of Baroda||Financial||Equity||3.0%|
Inclusive of GST
Exit load of 0.50% if redeemed within 30 days.
0.005% (from July 1st, 2020)
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
|Min. for 1st investment||₹5,000|
|Min. for 2nd investment onwards||₹1,000|
|Min. for SIP||₹500|
You can easily invest in SBI Banking & Financial Services Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
The SBI Banking & Financial Services Fund Direct IDCW has been there from 26 Feb 2015 and the average annual returns provided by this fund is 1.43% since its inception.
Expense Ratio used for SBI Banking & Financial Services Fund Direct IDCW or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of SBI Banking & Financial Services Fund Direct IDCW is 0.81% as of 17 May 2022...
If you want to sell your SBI Banking & Financial Services Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
The NAV of SBI Banking & Financial Services Fund Direct IDCW is ₹21.25 as of 16 May 2022.