SBI Banking & Financial Services Fund Direct Growth-0.76%

5Groww
21.32%
1 Year Return
Equity
Sectoral/Thematic
5.0 star
6M
1Y
3Y

Fund Details

SBI Banking & Financial Services Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.50%
NAV19.5 (08 Jul 2019)
Fund Started26 Feb 2015
Fund Size998 Cr

Fund Overview

Quick overview of SBI Banking & Financial Services Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
SBI Banking & Financial Services Fund Direct Growth
21.3%
18.8%
NA
NA
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 21.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    Cons
    1. Age is less than 5 years
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity13.8%
    ICICI Bank Ltd.FinancialEquity12.9%
    State Bank of IndiaFinancialEquity9.7%
    Axis Bank Ltd.FinancialEquity9.1%
    Kotak Mahindra Bank Ltd.FinancialEquity7.3%
    Bandhan Bank Ltd.FinancialEquity7.2%
    PNB Housing Finance Ltd.FinancialEquity7.0%
    AU Small Finance Bank Ltd.FinancialEquity6.7%
    Muthoot Capital Services Ltd.FinancialEquity5.6%
    Bajaj Finance Ltd.FinancialEquity4.9%
    See All

    Fund Managers

    addSohini Andani
    Education
    Ms. Andani is a B.Com (H) and C.A.
    Experience
    Prior to joining SBI Mutual Fund she has worked with ING Investment Management Pvt. Ltd., ASK Raymond James & Associates Pvt. Ltd., LKP Shares & securities Ltd., Advani Share Broker Pvt. Ltd., CRISIL, and K R Choksey Shares & Securities Pvt. Ltd.
    Funds Managed

    Other Details

    SBI Banking & Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 26 Feb 2015. Sohini Andani is the Current Fund Manager of SBI Banking & Financial Services Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹998 Cr and the Latest NAV as of 08 Jul 2019 is ₹19.5.

    The SBI Banking & Financial Services Fund Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 12 months..

    Investment Objective

    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. However, there can be no assurance that the investment objective of the Scheme will be realized.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months.
    Exit Load

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    About SBI Mutual Fund

    Address
    9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
    Phone
    022 - 61793000
    Launch Date
    28 Jun 1987
    SBI Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    NA
    Website
    NA
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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