SBI Banking & Financial Services Fund Direct Growth
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.
₹48.34
▲0.3%1D
NAV as on 27 Jun 2025
16.47%/per year
Since Inception
▲▼
5262 people have invested ₹ 7.7Cr in SBI Banking & Financial Services Fund Direct Growth in the last three months
SBI Banking & Financial Services Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (27-Jun-25)
The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
INDmoney Rank
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IND ranking is not available for this fund.
SBI Banking & Financial Services Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
SBI Banking & Financial Services Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 96.8%
Debt & Cash 3.2%
SBI Banking & Financial Services Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 96.8%
Debt & Cash 3.2%
Top Sector in May was Financial Services
Financial Services
100%
Financial Services
100%
SBI Banking & Financial Services Fund Holdings Details
as on (31-May-25)
Equity
Debt & Cash
SBI Banking & Financial Services Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.74% |
Benchmark | Nifty Financial Services TR INR |
| AUM | ₹7999 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 |
About SBI Banking & Financial Services Fund
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.
Key Parameters
- SBI Banking & Financial Services Fund Direct Growth has ₹7999 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
SBI Banking & Financial Services Fund Direct Growth has given a CAGR return of 16.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.56%, 26.28% and 25.12% respectively.
Holdings
SBI Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, Max Financial Services Ltd
Taxation
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.
Investment objective of SBI Banking & Financial Services Fund Direct Growth
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 and lockin period
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
Milind Agrawal
Fund Manager of SBI Banking & Financial Services Fund Direct Growth, since 1 August 2019
- AUM of the fund stands at 8K Cr as of May'25
- AUM increased by 349 Cr between May'25 and Apr'25
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Frequently Asked Questions for SBI Banking & Financial Services Fund Direct Growth
How do I invest in SBI Banking & Financial Services Fund?
- Download the INDmoney app.
- Search for ‘SBI Banking & Financial Services Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.