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SBI Banking & Financial Services Fund Direct Growth-1.28%

69.62%
1 Year Return
Equity
Sectoral/Thematic
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking & Financial Services Fund Direct Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio0.93%
NAV₹23.57 (12 May 2021)
Fund Started26 Feb 2015
Fund Size2,401 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
69.6%
12.9%
18.8%
15.9%
Category Average
48.7%
4.0%
11.5%
-
Rank Within Category
6
1
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 69.6% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity24.8%
ICICI Bank Ltd.FinancialEquity13.7%
State Bank of IndiaFinancialEquity8.9%
Kotak Mahindra Bank Ltd.FinancialEquity8.6%
Axis Bank Ltd.FinancialEquity8.6%
SBI Life Insurance Company Ltd.FinancialEquity4.8%
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity4.0%
ICICI Lombard General Insurance Company Ltd.FinancialEquity3.7%
Mahindra & Mahindra Financial Services Ltd.FinancialEquity3.3%
Muthoot Finance Ltd.FinancialEquity3.0%
See All

Fund Managers

Sohini Andani
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Milind Agrawal
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SBI Banking & Financial Services Fund Direct Growth Details

SBI Banking & Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 26 Feb 2015. Sohini Andani is the Current Fund Manager of SBI Banking & Financial Services Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,401 Cr and the Latest NAV as of 12 May 2021 is ₹23.57.

The SBI Banking & Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.

Investment Objective

The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 12 months.
Exit Load

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About SBI Mutual Fund

Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
SBI Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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