SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 23.9 as on 22-03-2023
Fund Performance
2 people have invested ₹ 4K in mutual fund in the last three months
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Lumpsum Calculator
Fund Name
Expenses
CAGR Returns
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Performance as on (22-Mar-23)
About the Fund
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 26 February, 2015. The fund is managed by Milind Agrawal, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key parameters
1) SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl has a NAV of ₹23.9135 as on 22-03-2023.
2) SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl has ₹3807 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.78 %.
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Overview
 | 0.78% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹3807 Cr |
 | 26 February, 2015 |
 | ₹5000/₹0 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 82.46% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
74.2%
Mid cap
17.2%
Small cap
5.7%
Sector Allocation
Financial Services
100%
Top Holdings of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl as on (28-Feb-23)
Equity Holdings20
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 17.3% | 0% | |
 HDFC Bank Ltd | 13.77% | 0% | |
 State Bank of India | 6.95% | 0% | |
 Axis Bank Ltd | 6.78% | 0% | |
 Kotak Mahindra Bank Ltd | 6.46% | 0% |
See all
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -2.38% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.22% as on Feb'23
- This fund underperformed Nifty 500 by 0.17% in Feb'23
AUM Change
- AUM of the fund stands at 3.8K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Housing Development Finance Corp Ltd's allocation increased from 2.64% to 4.82%
Muthoot Finance Ltd's allocation increased from 1.23% to 2.3%
Bank of India's allocation increased from 2.21% to 3.26%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 15.37 % to 15.04 %
Axis Bank Ltd's allocation decreased from 9.85 % to 9.64 %
State Bank of India's allocation decreased from 9.82 % to 9.28 %
Top Sector in February was Financial Services
Feb'23
Financial Services
100%
Jan'23
Financial Services
100%
Gainers & Losers in SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl portfolio as on (28-Feb-23)
Top Growth Drivers | 1M Return |
|---|---|
 CreditAccess Grameen Ltd | 7.1% |
 Bajaj Finance Ltd | 5.1% |
 Bank of Baroda | 2.8% |
Top Losers | 1M Return |
|---|---|
Bank of India | -11.1% |
 LIC Housing Finance Ltd | -9.4% |
 HDFC Bank Ltd | -1.7% |
Peer Analysis
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl Fund Manager
Milind Agrawal
Fund Manager of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl, since 1 August 2019
Top funds managed
Mohit Jain
Fund Manager of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl, since 30 November 2017
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.98% since inception which is less than its category average return of 24.08%
Fund Allocations
This fund has an allocation of 97.58% in Equity, 0% in Debt and 2.42% in Cash related instruments
AUM size ₹3807 Cr
This fund has AUM of ₹3807 Cr which is more than its category average of ₹ 1378 Cr
Expense Ratio 0.78%
This fund has an expense ratio of 0.78% which is less than its category average expense ratio of 1.54%
Frequently Asked Questions
The current NAV of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is 23.45 as on 20-Mar-2023.
Existing (Absolute + CAGR)
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -4.33% | -4.33% |
6 Month Returns | -6.86% | -6.86% |
1 Year Returns | 4.22% | 4.22% |
3 Years Returns | 66.3% | 18.48% |
5 Years Returns | 75.68% | 11.93% |
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0.78 as on February 2023
3807 Cr as on February 2023
HDFC Bank Ltd(16.95%),ICICI Bank Ltd(15.04%),Axis Bank Ltd(9.64%),State Bank of India(9.28%),Housing Development Finance Corp Ltd(4.82%) as on February 2023
The alpha ratio for the SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 0.64 | -0.48 | 0.36 |
As on February 2023
The alpha for SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 0.84 | 0.96 | 0.98 |
As on February 2023
The Beta for SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 0.2 | 0.32 | 0.39 |
As on February 2023
The sharpe ratio for SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl | 16.72 | 30.26 | 26.02 |
As on February 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.44 as on February 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain,Milind Agrawal are the fund managers of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl
The Exit load of SBI Banking & Financial Services Direct Payout Inc Dist cum Cap Wdrl is 0.5%
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.