MA
Milind AgrawalFund Manager Since 1 Aug 2019
EquitySector - Financial Services
SBI Banking & Financial Services Direct Growth
3Y Annualised
18.80%
1.12% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
4.03%
1.12% 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
4 years
NIFTY 50
6 years 2 months
FD
9 years 7 months
Fund info
Fund size
₹6474.88 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
Mirae Asset Banking and Financial Services Fund Direct Growth
6.50%
3rd
Mirae Asset Banking and Financial Services Fund Direct Payout of Income Distribution cum Cptl Wdrl
6.49%
4th
Mirae Asset Banking and Financial Services Fund Direct Reinvestment of Income Dis cum Cptl Wdrl
6.49%
5th
Mirae Asset Banking and Financial Services Fund Regular Growth
6.38%
88th
SBI Banking & Financial Services Direct Growth
4.03%
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 10 years, having been launched on 2015-02-26. SBI Banking & Financial Services Direct Growth has ₹6474.88 Cr worth of assets under management (AUM) as of Mon Mar 24 2025. The latest Net Asset Value (NAV) of SBI Banking & Financial Services Direct Growth as of Fri Mar 21 2025 is ₹42.1595. The fund has an expense ratio of 0.9%, which is medium comparable to most other Equity funds.
SBI Banking & Financial Services Direct Growth returns for the last 1 year are 18.12%. Since launch, it has delivered 15.37% 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.
- HDFC Bank Ltd: 27.06%
- ICICI Bank Ltd: 14.01%
- Axis Bank Ltd: 9.86%
- Kotak Mahindra Bank Ltd: 9.38%
- BSE Ltd: 3.25%
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 |
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FAQs
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