EQUITY•SECTORAL / THEMATIC
SBI Banking and Financial Services Fund
3 Year return
17.21%
NAV on August 25, 2026
49.4836
1D Returns
-0.09%
Launched on February 2015(11 years)
Investment Details
₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
31.58%₹1,137
Total Value ₹4,737
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹10,872.14 Cr.
Expense Ratio
1.16% (inclusive of GST)
Exit Load
For exit within 30 Days from the date of allotment 0.50%. For exit after 30 Days from the date of allotment - NIL.
Ratings
0
Ratings by other agencies
Value Research
5
Crisil
0
Morning Star
5
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
SBI Mutual Fund Manager
MA
Milind Agrawal
Fund Manager since Aug 2019
MJ
Mohit Jain
Fund Manager since Nov 2017
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| SBI PSU Fund | 24.2114% | 0 |
| Aditya Birla Sun Life PSU Equity Fund | 23.9113% | 0 |
| ICICI Prudential Infrastructure Fund | 20.0883% | 0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The SBI Banking and Financial Services Fund — Direct Plan Growth is offered by SBI Mutual Fund. Categorised as a sectoral fund, this scheme primarily focuses on investing in companies in the banking and financial services sector. It allocated a minimum of 80% of its assets to stocks in the relevant sector, i.e., banking and financial services, and balances this with up to 20% in equities of companies in other sectors, debt and/or money market instruments. Depending on how high the equity exposure is at any given time, the risk levels of the fund vary.
Investment Objective of the Scheme
The primary objective of the SBI Banking and Financial Services Fund Direct Plan Growth is to create long-term wealth by investing in stocks from the banking and financial services sector across different market capitalisations. The fund aims to achieve its objective by making both equity and equity-related investments in the sector.
Key Features of The Fund
5-year return
13.9209%
Expense Ratio
1.16%
Fund Manager
Milind Agrawal
Fund Size
₹10872.14 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The concentrated investing approach of the SBI Banking and Financial Services Fund Direct Plan Growth makes it a very high-risk investment option. However, the fund also has significant potential for wealth creation. If adding a concentrated sectoral mutual fund to your investment portfolio is your goal, you may consider investing in this scheme. You must ensure that you can comfortably take on the additional risk of investing in this equity-heavy scheme before making a decision.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Banking and Financial Services Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Banking and Financial Services Fund on August 25, 2026, is ₹49.4836
What is the AUM of SBI Banking and Financial Services Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Banking and Financial Services Fund, is ₹10872.14 crore.
What is the expense ratio of SBI Banking and Financial Services Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of SBI Banking and Financial Services Fund is 1.16%
What are the returns of SBI Banking and Financial Services Fund since inception?
The SBI Banking and Financial Services Fund was launched on February 11, 2015. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Banking and Financial Services Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Banking and Financial Services Fund is ₹500.
How do I invest in SBI Banking and Financial Services Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Banking and Financial Services Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Banking and Financial Services Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Banking and Financial Services Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,737 in 3Y at 17.2149% returns
SIP Date1st of every month
Your next SIP Payment will be on 25 September 2026
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