3 Year return
15.64%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6120.42 Cr.
Expense Ratio
0.73% (inclusive of GST)
Exit Load
For exit within 30 Days from th date of allotment. 0.50%. For exit after 30 Days from the date of allotment - NIL.
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
Fund Holdings
SBI Mutual Fund Managers
SA
Sohini Andani
Fund Manager since Feb 2015
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Invesco India Infrastructure Fund |
31.33% |
0 |
Quant Infrastructure Fund |
30.33% |
0 |
DSP Healthcare Fund |
21.63% |
0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment
The SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment from SBI Mutual Fund is an open-ended equity mutual fund scheme that invests in a diversified portfolio of banking and financial services companies. The fund also offers an IDCW (in-direct cumulative dividend with reinvestment) option, which means that investors can choose to have their dividends reinvested in the fund. Being an open-ended scheme, investors can buy or sell fund units at any time during trading hours.
Investment Objectives of the Scheme
The investment objective of the SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment is to generate long-term capital appreciation by investing in a diversified portfolio of banking and financial services companies.
Key Features of The Fund
5-year return | 17.92% |
Expense Ratio | 0.73% |
Fund Manager | Sohini Andani |
Fund Size | ₹6120.42 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment is a suitable investment for investors who are looking for high-potential returns with the ability to take on moderate risk. The fund is best suited for investors with a long-term investment horizon of at least 5 years. However, it is important to do your research before investing in any mutual fund scheme.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 3333 1800 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 Direct Plan IDCW Reinvestment?
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What are the returns of SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment?
How do I invest in SBI Banking and Financial Services Fund Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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.