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SBI Banking & Financial Services Fund Direct IDCW

Equity
Sectoral / Thematic
Very High Risk
55.29%
1Y return
+0.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹22.82
Min. SIP Amount₹500
Rating5star
Fund Size₹2,703.63 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns55.3%13.0%17.0%15.7%
Category average56.1%9.1%12.0%NA
Rank with in category711NA
Understand termsinfo

Holdings (21)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity22.7%
ICICI Bank Ltd.FinancialEquity14.9%
State Bank of India
FinancialEquity9.6%
Axis Bank Ltd.FinancialEquity8.1%
Kotak Mahindra Bank Ltd.FinancialEquity7.3%
SBI Life Insurance Company Ltd.FinancialEquity4.8%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity3.5%
LIC Housing Finance Ltd.FinancialEquity3.4%
Muthoot Finance Ltd.FinancialEquity3.3%
Manappuram Finance Ltd.FinancialEquity3.1%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns

Cons

  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.88%

Inclusive of GST

Exit load

Exit load of 0.50% if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Sohini Andani
Feb 2015 - Present
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Milind Agrawal
Aug 2019 - Present
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Fund house & investment objective

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Fund house contact details

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