Can I invest in SIP and Lumpsum in SBI Banking and PSU Fund (IDCW-W) Direct Growth?

Yes, you can invest both lumpsum and SIP in SBI Banking and PSU Fund (IDCW-W). Minimum lumpsum investment SBI Banking and PSU Fund (IDCW-W) is ₹5,000 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of SBI Banking and PSU Fund (IDCW-W) Direct Growth?

The latest NAV (Net Asset Value) of SBI Banking and PSU Fund (IDCW-W) is SBI Banking and PSU Fund (IDCW-W) is ₹1369.10 as on 2025-02-03.

Which are the biggest stock holdings of SBI Banking and PSU Fund (IDCW-W)?

The 5 biggest stock holdings of SBI Banking and PSU Fund (IDCW-W) are: Power Grid Corpn (5.66%), Nuclear Power Co (5.56%), REC Ltd (5.39%), N A B A R D (4.91%), ONGC Petro Add. (4.74%)

What are the top sectors SBI Banking and PSU Fund (IDCW-W) invests in?

A majority of SBI Banking and PSU Fund (IDCW-W) 's AUM worth ₹3,709.17 (Cr) is invested in these 3 top sectors: There is no data for Top 3 sector holdings in the portfolio!

Mutual Funds
SBI Banking and PSU Fund (IDCW-W)

SBI Banking and PSU Fund (IDCW-W)

Banking and PSU Fund

Invest Now

NAV
1369.10(0.11%)
Fund Size (CR)
₹3,719.17
Expense Ratio
0.81
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹5,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
7.43%

Absolute Return: 1.65%

Annualized Return: 0%

Basic Details

Scheme Manager

Rajeev Radhakrishnan

Bench Mark

Nifty Banking & PSU Debt Index A-II

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	27 January 2025	10018.74	0.19%	-	0.16%	72/166
1 Month	3 January 2025	10067.44	0.67%	-	0.66%	91/166
3 Month	31 October 2024	10171.36	1.71%	-	1.70%	118/166
6 Month	2 August 2024	10369.81	3.70%	-	3.73%	117/166
1 Year	2 February 2024	10753.63	7.54%	7.54%	7.65%	131/166
3 Year	3 February 2022	11884.08	18.84%	5.92%	6.38%	123/156
5 Year	3 February 2020	13337.07	33.37%	5.93%	6.31%	99/129
Since Inception	9 October 2009	30021.54	200.22%	7.43%	7.01%	81/166

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2024	1,20,000	272219.91	126.85%	126.85%
3 Year	2 March 2022	3,60,000	872761.91	142.43%	34.34%
5 Year	3 February 2020	6,10,000	1550353.70	154.16%	20.51%
10 Year	2 March 2015	12,00,000	3299793.28	174.98%	10.64%

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

0.33%

Standard Deviation

0.04%

Beta

-1.17%

Sharpe Ratio

0.84%

Treynor's Ratio

-1.50%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Power Grid Corpn	5.66%	23000	210.04	Corporate Debts	Debt Others
Nuclear Power Co	5.56%	20400	206.06	Corporate Debts	Debt Others
REC Ltd	5.39%	20000	199.78	Corporate Debts	Debt Others
N A B A R D	4.91%	18000	182.04	Corporate Debts	Debt Others
ONGC Petro Add.	4.74%	17500	175.84	Corporate Debts	Debt Others
GAIL (India)	4.04%	1500	150.00	Corporate Debts	Debt Others
N A B A R D	3.76%	1400	139.43	Corporate Debts	Debt Others
N A B A R D	2.71%	10000	100.39	Corporate Debts	Debt Others
ONGC Petro Add.	2.70%	10000	100.22	Corporate Debts	Debt Others
Power Fin.Corpn.	2.67%	10000	99.05	Corporate Debts	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI	190.97	0.84%	2.29%	4.98%	10.39%	8.53%
HSBC Banking and PSU Debt Fund - Direct (IDCW-D)	4085.74	0.58%	1.73%	3.71%	8.71%	5.82%
DSP Banking & Psu Debt Fund - Direct (IDCW-D)	2906.21	0.60%	1.56%	4.10%	8.42%	6.58%
Bandhan Banking & PSU Debt Fund - Direct (IDCW-D)	13368.58	0.83%	2.02%	4.19%	8.40%	6.81%
DSP Banking & Psu Debt Fund - Direct (G)	2906.21	0.59%	1.58%	4.09%	8.29%	6.61%

News

SBI MF announces change in fund manager under its schemes

SBI Mutual Fund has announced change in fund managers under the following schemes, with effect from February 01, 2025.

Change in Fund Management Responsibilities:

Name of the Scheme	Existing Fund Manager	Revised Fund Manager
SBI International Access-US Equity FoF	Mr. Pradeep Kesavan	Mr. Rohit Shimpi
SBI Magnum Gloal Fund	Mr. R. Srinivasan & Mr. Tanmaya Desai (Co-Fund Manager)	Mr. Tanmaya Desai

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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)

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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

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Fund House Details & Investment Objective

Date of Incorporation

30 September 2009

Total AUM (Cr)

₹3709.17

SBI Banking and PSU Fund (IDCW-W) is an Banking and PSU Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 30 September 2009, this fund is managed by Rajeev Radhakrishnan. With assets under management (AUM) worth ₹3,709.17 (Cr), as of 3 February 2025, SBI Banking and PSU Fund (IDCW-W) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.43% since its launch.
The current NAV of SBI Banking and PSU Fund (IDCW-W) is ₹1,369.1, as on 3 February 2025. The fund's benchmark index is Nifty Banking & PSU Debt Index A-II. You can invest in SBI Banking and PSU Fund (IDCW-W) 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:
Nil The fund has generated 5.92% and 5.93% 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 96.38% in Debt and 3.62% in cash and cash equivalents.

FAQs

How to Invest in SBI Banking and PSU Fund (IDCW-W) Direct Growth?

SBI Banking and PSU Fund (IDCW-W) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 7.43% since inception. Looking to invest in SBI Banking and PSU Fund (IDCW-W) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Banking and PSU Fund (IDCW-W) 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 and PSU Fund (IDCW-W)
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 and PSU Fund (IDCW-W) today and reap the benefits of this Banking and PSU Fund fund!

How much returns has SBI Banking and PSU Fund (IDCW-W) Direct Growth generated?

In the short term, i.e., 1 year, SBI Banking and PSU Fund (IDCW-W) has generated annualised return of 7.54%. In the long-term, the fund has generated 5.92% and 5.93% in 3 and 5 years respectively. Since its inception, the fund has generated 7.43% returns.

What is the expense ratio of SBI Banking and PSU Fund (IDCW-W) Direct Growth?

The expense ratio of SBI Banking and PSU Fund (IDCW-W) Direct Growth is 0.81%. 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 and PSU Fund (IDCW-W) Fund Direct Growth?

The Assets Under Management (AUM) of SBI Banking and PSU Fund (IDCW-W) is ₹3,709.17 (Cr) as of 2025-02-03 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from SBI Banking and PSU Fund (IDCW-W) Direct Growth?

Redeeming or selling units of SBI Banking and PSU Fund (IDCW-W) 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 and PSU Fund (IDCW-W):

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 and PSU Fund (IDCW-W)).
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).

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