SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl
SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl

SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl

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Equity
Direct
Sector - Financial Services

NAV: ₹ 24.4 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
51 people have invested ₹ 89.7K in mutual fund in the last three months

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-5.9%
-4.6%
5.4%
3.5%
9%
11%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-5.6%
-1.3%
10.8%
7.6%
9.2%
6.7%
About the Fund

SBI Banking & Financial Services Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl has a NAV of 24.4136 as on 27-01-2023.

2) SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl has 3984 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.79 %.

Fund Overview

Expense ratio
Expense ratio
0.79%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹3984 Cr
Inception Date
Inception Date
26 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
82.46%

Fund Distribution as on (31-Dec-22)

  • Equity 95.6%
  • Debt & Cash 4.4%
Size breakup
Large cap
72.2%
Mid cap
14.8%
Small cap
8.2%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

100%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings20
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 4K Cr
Nov'22
₹ 4K Cr
Oct'22
₹ 3.9K Cr

Fund Returns vs Benchmark

Dec'22
4.90%
5.37%
Nov'22
2.29%
2.63%
Oct'22
4.90%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
22
21
21
Top 5 Company Concentration
57.6%
61.2%
60.4%
Company having highest exposure
HDFC Bank Ltd (16.4%)
ICICI Bank Ltd (20.1%)
ICICI Bank Ltd (19.7%)
No of Sectors
2
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (95.6%)
Financial Services (97.5%)
Financial Services (94.9%)

Fund Manager

Milind Agrawal

Milind Agrawal

Fund Manager of SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl, since 1 August 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Banking & Financial Services Direct Growth
9.02%
9.2%
Mohit Jain

Mohit Jain

Fund Manager of SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 November 2017

AMC details

Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹4.53L Cr
as on 31-Dec-2022
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Email
partnerforlife@sbimf.com

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.53% since inception which is less than its category average return of 26.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.64% in Equity, 0% in Debt and 4.36% in Cash related instruments
AUM size ₹3984 Cr

AUM size ₹3984 Cr

This fund has AUM of ₹3984 Cr which is more than its category average of ₹ 1474 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl is 24.41 as on 27-Jan-2023.
Existing (Absolute + CAGR)
SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-5.88%
-5.88%
6 Month Returns
5.39%
5.39%
1 Year Returns
3.48%
3.48%
3 Years Returns
29.61%
9.03%
5 Years Returns
68.33%
10.98%
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0.79 as on December 2022
3984 Cr as on December 2022
HDFC Bank Ltd(16.42%),ICICI Bank Ltd(15.37%),Axis Bank Ltd(9.85%),State Bank of India(9.82%),LIC Housing Finance Ltd(6.11%) as on December 2022
The alpha ratio for the SBI Banking & Financial Services Direct Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
4.67
1.82
0.61
As on December 2022
The alpha for SBI Banking & Financial Services Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
0.85
0.96
0.96
As on December 2022
The Beta for SBI Banking & Financial Services Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
0.61
0.38
0.43
As on December 2022
The sharpe ratio for SBI Banking & Financial Services Direct Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl
17.11
30.06
25.95
As on December 2022
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 0.52 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.24 as on December 2022. It tells the consistency of the fund in generating superior risk-adjusted performance
Milind Agrawal,Mohit Jain are the fund managers of SBI Banking & Financial Services Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Banking & Financial Services Direct Reinvestment 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.