Name: SBI Banking and PSU Fund Direct Growth
Brand: SBI Mutual Fund

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SBI Banking and PSU Fund Direct Growth
Debt
Banking and PSU
Moderate Risk
4.52%
1Y return
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹2,604.90
Min. SIP Amount₹500
Rating3star
Fund Size₹14,078.19 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%8.8%8.2%8.8%
Category average4.4%8.4%7.7%NA
Rank with in category1411NANA
Understand termsinfo
Holdings (91)NameSectorInstrumentAssets
Oil & Natural Gas Corporation Ltd.EnergyDebenture5.4%
National Housing Bank
FinancialCP4.6%
Axis Bank Ltd.FinancialBonds/Deb3.5%
Export-Import Bank Of India
FinancialCD3.5%
GOI
SovereignGOI Sec3.5%
GOI
SovereignGOI Sec3.2%
State Bank of India
FinancialAdditional Tier 2 Bo2.7%
National Housing Bank
FinancialDebenture2.7%
Indian Railway Finance Corporation Ltd.
FinancialDebenture2.7%
Air India Assets Holdings Ltd.DiversifiedDebenture2.4%
See All
Pros and consCategory: Debt Banking and PSU
ProsLower expense ratio - 0.34%
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
Cons1Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.34%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500
Fund managementRajeev Radhakrishnan
Nov 2013 - Present
View Details
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Education
Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
Experience
Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
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SBI Debt Fund Series B 26 (1100 Days) Direct Growth
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SBI Debt Fund Series B 27 (1100 Days) Direct Growth
SBI Dual Advantage Fund Series XII Regular IDCW
SBI Dual Advantage Fund Series XII Direct Growth
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SBI Dual Advantage Fund Series XII Direct IDCW
SBI Debt Fund Series B 28 (1100 Days) Direct Growth
SBI Debt Fund Series B 28 (1100 Days) Direct IDCW
SBI Debt Fund Series B 29 (1200 Days) Direct IDCW
SBI Debt Fund Series B 29 (1200 Days) Direct Growth
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SBI Dual Advantage Fund Series XIII Direct IDCW
SBI Dual Advantage Fund Series XIV Direct IDCW
SBI Dual Advantage Fund Series XIV Direct Growth
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SBI Debt Fund Series B 33 (1131 Days) Direct IDCW
SBI Debt Fund Series B 33 (1131 Days) Direct Growth
SBI Debt Fund Series B 34 (1131 Days) Direct Growth
SBI Debt Fund Series B 34 (1131 Days) Direct IDCW
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SBI Dual Advantage Fund Series XV Direct IDCW
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SBI Debt Fund Series B 43 (1100 Days) Direct IDCW
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SBI Dual Advantage Fund Series XVII Direct IDCW
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SBI Dual Advantage Fund Series XVIII Direct IDCW
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SBI Dual Advantage Fund Series XXVI Direct IDCW
SBI Dual Advantage Fund Series XXVI Regular Growth
SBI Dual Advantage Fund Series XXVI Direct Growth
SBI Dual Advantage Fund Series XXVII Regular Growth
SBI Dual Advantage Fund Series XXVII Regular IDCW
SBI Dual Advantage Fund Series XXVII Direct Growth
SBI Dual Advantage Fund Series XXVIII Regular Growth
SBI Dual Advantage Fund Series XXVIII Direct Growth
SBI Dual Advantage Fund Series XXIX Regular Growth
SBI Dual Advantage Fund Series XXIX Direct IDCW
SBI Dual Advantage Fund Series XXIX Regular IDCW
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SBI Dual Advantage Fund Series XXX Direct IDCW
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SBI Capital Protection Oriented Fund Series A (Plan 5) Direct Growth
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Mohit Jain
Jan 2020 - Present
View Details
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Education
Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience
Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
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Fund house & investment objective
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SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM4,99,821.43 Cr
Date of Incorporation29 Jun 1987
SBI Banking and PSU Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun
SBI Banking and PSU Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Rajiv Radhakrishnan is the Current Fund Manager of SBI Banking and PSU Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 29 Jul 2021 is ₹2604.90.
The SBI Banking and PSU Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, P
The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.
...Read more
Fund benchmarkNIFTY Banking and PSU Debt TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	4.5%	8.8%	8.2%	8.8%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	14	11	NA	NA

Name	Sector	Instrument	Assets
Oil & Natural Gas Corporation Ltd.	Energy	Debenture	5.4%
National Housing Bank	Financial	CP	4.6%
Axis Bank Ltd.	Financial	Bonds/Deb	3.5%
Export-Import Bank Of India	Financial	CD	3.5%
GOI	Sovereign	GOI Sec	3.5%
GOI	Sovereign	GOI Sec	3.2%
State Bank of India	Financial	Additional Tier 2 Bo	2.7%
National Housing Bank	Financial	Debenture	2.7%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	2.7%
Air India Assets Holdings Ltd.	Diversified	Debenture	2.4%

Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹5,000

Rating	3
Fund Size	₹14,078.19 Cr