MA
Milind AgrawalFund Manager Since 1 Aug 2019
EquitySector - Financial Services
SBI Banking & Financial Services Direct Growth
3Y Annualised
21.27%
1.95% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-11.09%
1.95% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
3 years 7 months
NIFTY 50
5 years 12 months
FD
9 years 7 months
Fund info
Fund size
₹10724.55 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0.005%
For exit on or before 30 Days from the date of allotment 0.50%. For exit after 30 days from the date of allotment Nil. The AMC reserves the right to modify / change the load structure on a prospective basis.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Nifty Bank ETF
11.86%
2nd
Kotak Nifty Bank ETF
4.60%
3rd
HDFC Nifty Bank ETF - Growth
4.01%
4th
ICICI Prudential Nifty Private Banks ETF
2.39%
5th
IDBI Banking Financial Services Fund Direct Reinvestment of Income Distribution cum Cap wdrl
1.94%
129th
SBI Banking & Financial Services Direct Growth
-11.09%
Fund Managers
About SBI Banking & Financial Services Direct Growth
SBI Banking & Financial Services Direct Growth is a Equity mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 11 years, having been launched on 2015-02-26. SBI Banking & Financial Services Direct Growth has ₹10724.55 Cr worth of assets under management (AUM) as of Thu Mar 26 2026. The latest Net Asset Value (NAV) of SBI Banking & Financial Services Direct Growth as of Wed Mar 25 2026 is ₹46.7735. The fund has an expense ratio of 0.72%, which is medium comparable to most other Equity funds.
SBI Banking & Financial Services Direct Growth returns for the last 1 year are 8.36%. Since launch, it has delivered 14.95% average annual returns.
The SBI Banking & Financial Services Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of SBI Banking & Financial Services Direct Growth.
- ICICI Bank Ltd: 13.46%
- State Bank of India: 10.45%
- Axis Bank Ltd: 9.37%
- Kotak Mahindra Bank Ltd: 8.50%
- HDFC Bank Ltd: 6.80%
AMC Information
| Name | SBI Funds Management Ltd |
|---|---|
| Founding Date | 2015-02-26 |
| partnerforlife@sbimf.com | |
| Phone | 022 - 61793000 |
| Website | www.sbimf.com |
| Address | 9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai |
Tax Implications of SBI Banking & Financial Services Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from SBI Funds Management Ltd
SBI PSU Regular Growth
EquityEquity - Other
3Y CAGR
31.95%
expense ratio
1.82%
fund size
₹6545.08 Cr
SBI Infrastructure Fund Direct Growth
EquityEquity - Infrastructure
3Y CAGR
19.39%
expense ratio
1.04%
fund size
₹4645.50 Cr
SBI Children's Benefit Fund Direct Growth
AllocationChildren
3Y CAGR
12.47%
expense ratio
0.86%
fund size
₹133.79 Cr
SBI Flexicap Fund Regular Growth
EquityFlexi Cap
3Y CAGR
11.73%
expense ratio
1.66%
fund size
₹23297.45 Cr
SBI S&P BSE Sensex ETF
EquityLarge-Cap
3Y CAGR
10.64%
expense ratio
0.04%
fund size
₹121592.96 Cr
Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
