Home>Mutual Funds>SBI Mutual Fund>SBI Banking & Financial Services Fund Regular Growth
shareSHARE

SBI Banking & Financial Services Fund Regular Growth-1.24%

8.99%
1 Year Return
Equity
Sectoral/Thematic
5.0star
6M
1Y
3Y
5Y
All

Fund Details

SBI Banking & Financial Services Fund Regular Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio2.26%
NAV₹21.64 (21 Jan 2021)
Fund Started26 Feb 2015
Fund Size2,095 Cr

Fund Overview

Quick overview of SBI Banking & Financial Services Fund Regular Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.0%
10.8%
21.0%
13.7%
Category Average
0.9%
2.2%
13.9%
-
Rank Within Category
1
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 9.0% 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
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.15%

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity25.6%
ICICI Bank Ltd.FinancialEquity14.2%
Kotak Mahindra Bank Ltd.FinancialEquity11.1%
State Bank of IndiaFinancialEquity9.6%
Axis Bank Ltd.FinancialEquity9.1%
ICICI Lombard General Insurance Company Ltd.FinancialEquity4.4%
Muthoot Finance Ltd.FinancialEquity3.4%
Mahindra & Mahindra Financial Services Ltd.FinancialEquity3.3%
Cholamandalam Investment & Finance Co. Ltd.FinancialEquity3.1%
ICICI Prudential Life Insurance Company Ltd.FinancialEquity2.3%
See All

Fund Managers

Sohini Andani
keyboard_arrow_down
Milind Agrawal
keyboard_arrow_down

SBI Banking & Financial Services Fund Regular Growth Details

SBI Banking & Financial Services Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,095 Cr and the Latest NAV as of 21 Jan 2021 is ₹21.64.

The SBI Banking & Financial Services Fund Regular Growth 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.

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

Compare Funds

SBI Banking & Financial Services Fund Regular Growth
VS
search

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,
Similar Funds