Get the latest NAV of SBI Banking & Financial Services Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹45.23
▲3.2%1D
NAV as on 12 May 2025
15.93%/per year
Since Inception
▲▼
4791 people have invested ₹ 7.5Cr in SBI Banking & Financial Services Fund Direct Growth in the last three months
Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)
The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
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IND ranking is not available for this fund.
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Equity 96.1%
Debt & Cash 3.9%
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Equity 96.1%
Debt & Cash 3.9%
Top 2 Sectors in March were Financial Services, Government
Financial Services
100%
Financial Services
100%
Government
as on (30-Apr-25)
Equity
Debt & Cash
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
Expense ratio | 0.76% |
Benchmark | Nifty Financial Services TR INR |
AUM | ₹7650 Cr |
Inception Date | 26 February, 2015 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
Lock In | No Lock-in |
TurnOver | 107.91% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
SBI Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 26 February, 2015. The fund is managed by Milind Agrawal. The fund could potentially beat inflation in the long-run.
SBI Banking & Financial Services Fund Direct Growth has given a CAGR return of 15.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.15%, 24.30% and 26.62% respectively.
SBI Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, State Bank of India
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Banking & Financial Services Fund Direct Growth has no lock in period.
Fund Manager of SBI Banking & Financial Services Fund Direct Growth, since 1 August 2019
5Y CAGR
▲ 33.87
5Y CAGR
▲ 30.75
5Y CAGR
▲ 25.90
5Y CAGR
▲ 32.82
5Y CAGR
▲ 37.31
SBI Banking & Financial Services Fund
VS
ICICI Prudential Banking and Financial Services Fund Direct Growth
SBI Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.37% | 7.37% |
6 Month Returns | 7.77% | 7.77% |
1 Year Returns | 21.15% | 21.15% |
3 Years Returns | 92.06% | 24.3% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Banking & Financial Services Fund Direct Growth | -1.76 | 4.16 | 4.2 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Banking & Financial Services Fund Direct Growth | 0.91 | 0.85 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Banking & Financial Services Fund Direct Growth | 0.82 | 0.97 | 0.98 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Banking & Financial Services Fund Direct Growth | 12.28 | 13.69 | 18.02 |