|Min SIP Amount||₹500|
|NAV||₹13.66 (03 Jul 2020)|
|Fund Started||26 Feb 2015|
|Fund Size||₹1,213 Cr|
|HDFC Bank Ltd.||Financial||Equity||27.1%|
|ICICI Bank Ltd.||Financial||Equity||13.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||10.1%|
|Axis Bank Ltd.||Financial||Equity||7.2%|
|State Bank of India||Financial||Equity||6.5%|
|ICICI Lombard General Insurance Company Ltd.||Financial||Equity||6.5%|
|Muthoot Finance Ltd.||Financial||Equity||3.7%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Equity||3.2%|
|ICICI Securities Ltd.||Financial||Equity||2.4%|
|AU Small Finance Bank Ltd.||Financial||Equity||2.3%|
SBI Banking & Financial Services Fund Regular Dividend 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,213 Cr and the Latest NAV as of 03 Jul 2020 is ₹13.66.
The SBI Banking & Financial Services Fund Regular Dividend is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
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.
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.