Sign In

SBI Banking and Financial Services Fund

Fund Manager
  • Milind Agrawal

    Managing this fund since Aug 2019.

    Total experience 8 years .

    • Category
      EQUITY
    • AUM ():
      1350.3 Cr as on 30 Jun 2020
    • Risk
      HIGH
      riskometer
      • Long term capital appreciation
      • Investment predominantly in a portfolio of equity and equity related instruments of companies engaged in banking and financial services sector.
    • Benchmark
      Nifty Financial Services Index
    • Exit Load
      Read more
    • Type of Scheme
      Read more
    • Launch Date
      February 26, 2015
    Returns

    as onJune 30, 2020

    7.72%

    * for Regular Growth

    Min Lumpsum ()

    5000 & in multiples of 1

    Min Additional Lumpsum ()

    1000 & in multiples of 1

    • SBI Banking & Financial Services Fund aims to provide investors with opportunities for long-term capital appreciation by predominantly investing in equity and equity related securities of companies engaged in banking and financial services*.
    •  
    • The Fund invests minimum of 80% in stocks of companies engaged in banking and financial services.
    •  
    • SBI Banking & Financial Services Fund has the flexibility to invest upto 20% in equities other than companies engaged in banking and financial services and/or debt and money market instruments. 
    •  
    • * The indicative list of industry under banking and financial services segment comprises of housing finance, micro finance, stock broking & allied, wealth management, rating agencies, asset management companies, insurance companies, stock/ commodities exchange, other NBFC’s and any other company which may derive 70% or more of its revenue from companies engaged in financial services.

     

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(26/02/2015)
    SBI Banking & Financial Services Fund-20.98%2.53%9.09%7.72%
    Scheme Benchmark: - Nifty Financial Services TRI
    -21.65%4.17%7.87%6.91%
    Additional Benchmark: - S&P BSE Sensex TRI
    -10.4%5.31%5.98%5.06%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(26/02/2015)
    SBI Banking & Financial Services Fund 7902 10777.73 15455.82 14882.1
    Scheme Benchmark: - Nifty Financial Services TRI
    7835 11306.08 14610.14 14291.1
    Additional Benchmark: - S&P BSE Sensex TRI
    8960 11680.58 13372.11 13021.49
    Notes:
    • Different plans shall have different expense structure. In case of return calculated the dividend option, it is assumed that dividend declared under the schemes have been reinvested at the prevailing NAV
    • Past performance may or may not be sustained in future and same may not necessarily provide the basis for comparison with other investment
    • Load is not considered for computation of returns
    • Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns
    • The data of the last working day has been considered for the calculation of performance
    • Wherever TRI data since inception for benchmarks is not available, benchmark performance is calculated using composite of CAGR and TRI values of the benchmark
    • The performance of the schemes is benchmarked to the Total Return variant of the Index
    • To view other open ended funds managed by the fund manager go to the Fund Manager section
    as on
    Quantitative Data As on 30-Jun-2020
    Standard Deviation*: 27.82%
    Beta*: 1.00
    Expense Ratio**: 2.21

    **Expense ratio exclusive of Service Tax on Management Fees

    Portfolio Holdings

    As on  30/06/2020
    Stock Name (%) Of Total AUM
    HDFC BANK LTD. 27.78
    ICICI BANK LTD. 13.48
    KOTAK MAHINDRA BANK LTD. 10.63
    AXIS BANK LTD. 7.79
    STATE BANK OF INDIA 6.46
    ICICI LOMBARD GENERAL INSURANCE COMPANY LTD. 5.68
    MUTHOOT FINANCE LTD. 4.16
    CASH, CASH EQUIVALENTS AND OTHERS 3.42
    ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD. 3.08
    ICICI SECURITIES LTD. 2.70

    Sectoral Breakdown (in %)

    Enter Date
    Enter Date * :
    Need help in choosing the right funds to invest in?

    Family Solutions Tool

    Choose the right funds and plan investments to make dreams happen with Family Solutions Tool.

    Systematic Investment Planning

    Get a plan to invest a fixed amount every month and achieve your desired savings.

    Investor Also Viewed
    Dear Investor, Please note temporary revised cut-off timings for SBI Mutual fund schemes as per SEBI direction. For Subscriptions in Liquid & Overnight schemes – 12:30 PM. For all other schemes and transactions (including Liquid Redemption / Switch) – 1:00 PM. The above changes will be effective from April 7, 2020 (Tuesday) till further notice.