How to Invest in SBI Banking & Financial Services Fund Growth?

You can easily invest in SBI Banking & Financial Services Fund Growth 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: Log on to your Groww account Search for SBI Banking & Financial Services Fund Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in SBI Banking & Financial Services Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Banking & Financial Services Fund Growth provide?

The SBI Banking & Financial Services Fund Growth has been there from 26 Feb 2015 and the average annual returns provided by this fund is 22.30% since its inception.

How much expense ratio is charged by SBI Banking & Financial Services Fund Growth?

The term Expense Ratio used for SBI Banking & Financial Services Fund Growth 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 Growth is 1.76% as of 21 Jan 2026...

What is the AUM of SBI Banking & Financial Services Fund Growth?

The AUM, short for Assets Under Management of SBI Banking & Financial Services Fund Growth is ₹10,105.98Cr as of 21 Jan 2026.

How to Redeem SBI Banking & Financial Services Fund Growth?

If you want to sell your SBI Banking & Financial Services Fund Growth 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.

Can I invest in SIP and Lump Sum of SBI Banking & Financial Services Fund Growth?

You can select either SIP or Lumpsum investment of SBI Banking & Financial Services Fund Growth based on your investment objective and risk tolerance.

What is the NAV of SBI Banking & Financial Services Fund Growth?

The NAV of SBI Banking & Financial Services Fund Growth is ₹45.50 as of 20 Jan 2026.

What is the PE and PB ratio of SBI Banking & Financial Services Fund Growth?

The PE ratio ratio of SBI Banking & Financial Services Fund Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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SBI Banking & Financial Services Fund Growth

Name: SBI Banking & Financial Services Fund Growth
Brand: SBI Mutual Fund

Equity

Sectoral

Very High Risk

+19.89%

3Y annualised

-1.33% 1D

All

NAV: 20 Jan '26

₹45.50

Min. SIP amount

Not Supported

Fund size

₹10,105.98 Cr

Expense ratio

1.76%

Holdings (36)

Name	Sector	Instruments	Assets
HDFC Bank Ltd.	Financial	Equity	12.39%
Kotak Mahindra Bank Ltd.	Financial	Equity	8.58%
Axis Bank Ltd.	Financial	Equity	7.34%
Bajaj Finserv Ltd.	Financial	Equity	6.89%
State Bank of India	Financial	Equity	6.54%
ICICI Bank Ltd.	Financial	Equity	5.89%
SBI Life Insurance Company Ltd.	Insurance	Equity	4.85%
Muthoot Finance Ltd.	Financial	Equity	4.05%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	3.50%
Multi Commodity Exchange Of India Ltd.	Services	Equity	3.10%
Bank Of Baroda	Financial	Equity	2.92%
HDFC Life Insurance Co Ltd.	Insurance	Equity	2.72%
Bajaj Finance Ltd.	Financial	Equity	2.64%
Shriram Finance Ltd	Financial	Equity	2.62%
ICICI Prudential Life Insurance Company Ltd.	Insurance	Equity	2.58%
Max Financial Services Ltd.	Financial	Equity	2.16%
Aptus Value Housing Finance India Ltd.	Financial	Equity	2.05%
SBI Cards And Payment Services Ltd.	Financial	Equity	1.82%
Star Health and Allied Insurance Company Ltd.	Insurance	Equity	1.50%
Aditya Birla Capital Ltd.	Financial	Equity	1.47%
Mahindra & Mahindra Financial Services Ltd.	Financial	Equity	1.33%
BSE Ltd.	Services	Equity	1.30%
Bank of India	Financial	Equity	1.28%
360 One Wam Ltd.	Financial	Equity	0.94%
ICRA Ltd.	Services	Equity	0.92%
Care Ratings Ltd.	Services	Equity	0.89%
Cholamandalam Financial Holdings Ltd.	Financial	Equity	0.73%
Angel One Ltd.	Financial	Equity	0.72%
The South Indian Bank Ltd.	Financial	Equity	0.68%
Niva Bupa Health Insurance Company Ltd.	Insurance	Equity	0.68%
Pine Labs Ltd.	Financial	Equity	0.64%
HDB Financial Services Ltd.	Financial	Equity	0.41%
Crisil Ltd.	Services	Equity	0.35%
Billionbrains Garage Ventures Ltd.	Financial	Equity	0.23%
PB Fintech Ltd.	Services	Equity	0.12%
Reserve Bank of India	Financial	T-Bills	0.05%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+19.9%	+15.7%	+18.6%	+14.9%
Category average (Equity Sectoral)	+14.4%	+16.1%	+13.7%	--
Rank (Equity Sectoral)	6	6	1	--

Exit load, stamp duty and tax

Exit load

Exit load of 0.50% if redeemed within 30 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Fund management

MA
Milind Agrawal
Aug 2019 - Present
View details

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.

Also manages these schemes

SBI Banking & Financial Services Fund Growth

SBI Conservative Hybrid Fund Growth

SBI ELSS Tax Saver Fund Growth

PK
Pradeep Kesavan
Dec 2023 - Present
View details

Education

Mr. Kesavan has done B.Com, MBA (Finance) and CFA

Experience

Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech

Also manages these schemes

SBI Focused Fund Growth

SBI Low Duration Fund Growth

SBI Equity Hybrid Fund Growth

SBI MNC Fund Growth

SBI Floating Rate Debt Fund Growth

SBI Banking & Financial Services Fund Growth

SBI Savings Fund Growth

SBI Credit Risk Fund Growth

SBI Balanced Advantage Fund Growth

SBI Multi Asset Allocation Fund Growth

SBI Energy Opportunities Fund Growth

SBI Automotive Opportunities Fund Growth

SBI Long Duration Fund Growth

SBI Dynamic Bond Fund Growth

SBI Large Cap Fund Growth

SBI Contra Fund Growth

SBI Short Term Debt Fund Growth

SBI Corporate Bond Fund Growth

SBI Short Horizon Debt Short Term Fund Retail Growth

SBI Quant Fund Growth

SBI Gold Fund Growth

SBI Equity Savings Fund Growth

SBI Consumption Opportunities Fund Growth

SBI Technology Opportunities Fund Growth

SBI Children's Fund Investment Plan Growth

SBI Flexicap Fund Growth

SBI Equity Minimum Variance Fund Growth

SBI ESG Exclusionary Strategy Fund Growth

SBI Multicap Fund Growth

SBI Arbitrage Opportunities Fund Growth

SBI Medium Duration Fund Growth

SBI Large & Midcap Fund Growth

SBI Comma Fund Growth

SBI Retirement Benefit Fund Aggressive Hybrid Plan Growth

SBI Retirement Benefit Fund Conservative Plan Growth

SBI Infrastructure Fund Growth

SBI Retirement Benefit Fund Conservative Hybrid Plan Growth

SBI Medium to Long Duration Fund Growth

SBI Retirement Benefit Fund Aggressive Plan Growth

SBI Children's Fund Savings Plan Growth

SBI Nifty Index Fund Growth

SBI Banking and PSU Fund Growth

SBI Small Cap Fund Growth

SBI Ultra Short Duration Fund Growth

SBI Mid Cap Fund Growth

SBI Healthcare Opportunities Fund Growth

About SBI Banking & Financial Services Fund Growth

SBI Banking & Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Milind Agrawal is the Current Fund Manager of SBI Banking & Financial Services Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,56,070 Cr and the Latest NAV as of 20 Jan 2026 is ₹45.50. The SBI Banking & Financial Services Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Exit load of 0.50% if redeemed within 30 days. ;

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.

Fund benchmarkNIFTY Financial Services Total Return Index

Scheme Information Document(SID)