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  • Mutual Funds
  • SBI Banking & Financial Services Fund - Direct (G)
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SBI Banking & Financial Services Fund - Direct (G)

Sectoral / Thematic
Invest Now

  • NAV

    40.70(-1.53%)

  • Fund Size (CR)

    ₹6,621.57

  • Expense Ratio

    0.73

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹500

  • Minimum Withdrawal

    ₹500

  • Exit Load For exit within 30 Days from the date of allotment 0.50%. For exit after 30 Days from the date of allotment - NIL.

    0.5%

  • Return Since Launch

    15.40%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -4.31%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Milind Agrawal

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 13 January 202510383.053.83%-2.52%172/828
1 Month20 December 20249741.27-2.59%--2.88%358/816
3 Month18 October 20249682.86-3.17%--6.49%124/764
6 Month19 July 202410017.450.17%--2.03%209/717
1 Year19 January 202411825.0418.25%18.25%17.15%239/628
3 Year20 January 202215566.4955.66%15.89%16.60%250/480
5 Year20 January 202019767.4597.67%14.60%20.74%306/388
Since Inception26 February 201541328.40313.28%15.40%14.66%442/828

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 February 20241,20,000121827.441.52% 1.52%
3 Year1 February 20223,60,000467998.3230.00% 9.14%
5 Year3 February 20206,00,000945677.1957.61% 9.53%
10 Year5 March 201511,90,0002787605.28134.25% 8.89%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.83%

Standard Deviation

0.84%

Beta

0.73%

Sharpe Ratio

0.06%

Treynor's Ratio

5.94%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
ICICI Bank20.97%108358141388.77EquityBanks
HDFC Bank13.43%5014715889.03EquityBanks
Kotak Mah. Bank9.85%3650000651.91EquityBanks
St Bk of India4.51%3755364298.53EquityBanks
Muthoot Finance4.41%1366547291.91EquityFinance
Nippon Life Ind.3.11%2832550205.93EquityFinance
AAVAS Financiers2.33%917438154.09EquityFinance
Punjab Natl.Bank2.20%14156627145.50EquityBanks
Karur Vysya Bank2.18%6633974144.04EquityBanks
Chola Financial2.02%955052133.60EquityFinance

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
SBI Banking & Financial Services Fund - Direct (G)
6621.57-2.59%-3.17%0.17%18.25%15.89%
HDFC Pharma and Healthcare Fund - Direct (G)
1577.12-0.86%0.45%20.51%41.11%-
HDFC Pharma and Healthcare Fund - Direct (IDCW)
1577.12-0.86%0.45%20.51%41.11%-
ICICI Pru P.H.D Fund - Direct (G)
5320.29-0.99%-1.36%15.08%37.28%24.90%
ICICI Pru P.H.D Fund - Direct (IDCW)
5320.29-0.96%-1.36%15.06%37.25%24.89%
LIC MF Infrastructure Fund - Direct (G)
927.50-5.47%-6.22%-1.98%37.07%28.96%

News

  • SBI MF announces change in Fund Manager of the following schemes

    SBI Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 27 December 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager(s) New Fund Manager(s)
    SBI Liquid Fund Mr. R. Arun and
    Mr. Rajeev Radhakrishnan
    (Co-Fund Manager)     		Mr. Rajeev Radhakrishnan
    SBI Overnight Fund Mr. R. Arun Mr. Ranjana Gupta and
    Mr. Tejas Soman
    (Co-Fund Manager)
    SBI Savings Fund Mr. R. Arun and
    Mr. Rajeev Radhakrishnan
    (Co-Fund Manager)     		Mr. Rajeev Radhakrishnan
    SBI Magnum Ultra Short Duration Fund Mr. R. Arun and
    Mr. Ardhendhu Bhattacharya
    (Co-Fund Manager)     		Mr. Rajeev Radhakrishnan and
    Mr. Ardhendhu Bhattacharya
    (Co-Fund Manager)
    SBI Magnum Low Duration Fund Mr. Rajeev Radhakrishnan and
    Mr. R. Arun
    (Co-Fund Manager)     		Mr. Rajeev Radhakrishnan
    SBI Arbitrage Opportunities Fund Mr. Neeraj Kumar (Equity Portion)
    Mr. R. Arun (Debt Portion)     		Mr. Neeraj Kumar (Equity Portion)
    Mr. Ardhendhu Bhattacharya (Debt Portion)

    Powered by Capital Market - Live News

  • SBI MF announces change in the Benchmark of Fixed Maturity Plan under its schemes

    SBI Mutual Fund has announced change in the benchmark Fixed Maturity Plan of SBI Mutual Fund with effect from January 01, 2025.

    Change in name of Benchmark of Fixed Maturity Plan

    Scheme Name Existing Benchmark Revised Benchmark
    SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) CRISIL Long Term Debt Index CRISIL Long Term Debt A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 6 (3668 Days) CRISIL Long Term Debt Index CRISIL Long Term Debt A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 34 (3682 Days) CRISIL Long Term Debt Index CRISIL Long Term Debt A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 42 (1857 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 44 (1855 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 45 (1840 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 46 (1850 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 49 (1823 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 50 (1843 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 51 (1846 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 52 (1848 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 53 (1839 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 54 (1842 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 55 (1849 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 57 (1835 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 57 (1842 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 58 (1835 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 59 (1618 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 60 (1878 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 61 (1927 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index
    SBI Fixed Maturity Plan (FMP) - Series 67 (1467 Days) CRISIL Medium to Long Term Debt Index CRISIL Medium to Long Term Debt Index A-111 Index

    Powered by Capital Market - Live News

  • SBI Mutual Fund announces change in Exit Load Structure

    SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 19 December 2024

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    SBI Long Duration Fund For exit on or before 90 days from the date of allotment-0.25%
    For exit after 90 days from the date of allotment - NIL     		NIL

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

11 February 2015

Total AUM (Cr)

₹6621.57

SBI Banking & Financial Services Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 11 February 2015, this fund is managed by Milind Agrawal. With assets under management (AUM) worth ₹6,621.57 (Cr), as of 21 January 2025, SBI Banking & Financial Services Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 15.40% since its launch.
The current NAV of SBI Banking & Financial Services Fund - Direct (G) is ₹40.7, as on 21 January 2025. The fund's benchmark index is Nifty Financial Services TRI. You can invest in SBI Banking & Financial Services Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For exit within 30 Days from the date of allotment 0.50%. For exit after 30 Days from the date of allotment - NIL. The fund has generated 15.89% and 14.60% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 82.36% in Equity, 14.90% in Debt and 2.74% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 57.27% in Banks, 18.54% in Finance, 9.05% in Debt, 5.39% in Capital Markets, 4.98% in Insurance

FAQs

How to Invest in SBI Banking & Financial Services Fund - Direct (G) Direct Growth?

SBI Banking & Financial Services Fund - Direct (G) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 15.40% since inception. Looking to invest in SBI Banking & Financial Services Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Banking & Financial Services Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Banking & Financial Services Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Banking & Financial Services Fund - Direct (G) today and reap the benefits of this Sectoral / Thematic fund!

How much returns has SBI Banking & Financial Services Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, SBI Banking & Financial Services Fund - Direct (G) has generated annualised return of 18.25%. In the long-term, the fund has generated 15.89% and 14.60% in 3 and 5 years respectively. Since its inception, the fund has generated 15.40% returns.

What is the expense ratio of SBI Banking & Financial Services Fund - Direct (G) Direct Growth?

The expense ratio of SBI Banking & Financial Services Fund - Direct (G) Direct Growth is 0.73%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of SBI Banking & Financial Services Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of SBI Banking & Financial Services Fund - Direct (G) is ₹6,621.57 (Cr) as of 2025-01-21 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from SBI Banking & Financial Services Fund - Direct (G) Direct Growth?

Redeeming or selling units of SBI Banking & Financial Services Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from SBI Banking & Financial Services Fund - Direct (G):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Banking & Financial Services Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.