SBI Banking & Financial Services Fund Regular Dividend-0.85%

5Groww
3.38%
1 Year Return
Equity
Sectoral/Thematic
5.0 star
6M
1Y
3Y
All

Fund Details

SBI Banking & Financial Services Fund Regular Dividend

RiskHigh
Min SIP Amount₹500
Expense Ratio2.47%
NAV15.13 (19 Sep 2019)
Fund Started26 Feb 2015
Fund Size1,015 Cr

Returns

1Y
3Y*
5Y*
Since inception*
SBI Banking & Financial Services Fund Regular Dividend
3.4%
12.2%
NA
12.1%
Category Average
-4.1%
10.3%
10.2%
-
Rank within category
9
1
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 3.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    Cons
    1. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity23.1%
    ICICI Bank Ltd.FinancialEquity13.9%
    AU Small Finance Bank Ltd.FinancialEquity9.2%
    State Bank of IndiaFinancialEquity9.1%
    Axis Bank Ltd.FinancialEquity9.1%
    Kotak Mahindra Bank Ltd.FinancialEquity8.0%
    ICICI Prudential Life Insurance Company Ltd.FinancialEquity5.0%
    Cholamandalam Financial Holdings Ltd.FinancialEquity4.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.3%
    Bajaj Finance Ltd.FinancialEquity3.0%
    See All

    Fund Managers

    addMilind Agrawal
    Education
    B. Tech.- Mechanical Engineering, PGDM - Finance, CFA
    Experience
    Prior to joining SBI Mutual Fund he had worked with Goldman Sachs Services Pvt. Ltd. and Vadilal Enterprises Ltd.
    Funds Managed

    Other Details

    SBI Banking & Financial Services Fund Regular Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 26 Feb 2015. Sohini Andani is the Current Fund Manager of SBI Banking & Financial Services Fund Regular Dividend.The fund currently has an Asset Under Management(AUM) of ₹1,015 Cr and the Latest NAV as of 19 Sep 2019 is ₹15.13.

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

    Investment 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. However, there can be no assurance that the investment objective of the Scheme will be realized.

    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
    28 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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