Fincash » Mutual Funds » SBI Banking Financial Services Fund
Table of Contents 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. SBI Banking & Financial Services Fund is a Equity - Sectoral fund launched on 26 Feb 15. It is a fund with High risk and has given a Below is the key information for SBI Banking & Financial Services Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis SBI Banking & Financial Services Fund - G
Scheme Objective
CAGR
return of 13.8% since its launch. Return for 2023 was 18.6% , 2022 was 13.5% and 2021 was 12.1% . NAV as on 18 Mar 24 ₹32.1799 ↓ -0.15 (-0.48 %) Net Assets (AUM) as on 31 Jan 2024 ₹4,994 Cr. Launch Date 26 Feb 2015 Category Equity - Sectoral Rating Type Open Ended Fund Risk High AMC SBI Funds Management Private Limited Alpha Ratio 13.55 Expense Ratio 1.96 % Sharpe Ratio 1.594 Information Ratio 0.57 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹500 Exit Load 0-12 Months (1%),12 Months and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 18 Mar 24 Duration Returns 1 Month -1.8% 3 Month 0.4% 6 Month 9.9% 1 Year 32.5% 3 Year 12.6% 5 Year 12.8% 10 Year 15 Year Since launch 13.8% Historical Annual Returns
Year Returns 2023 18.6% 2022 13.5% 2021 12.1% 2020 4.8% 2019 20.7% 2018 9.5% 2017 40.7% 2016 17% 2015 Growth of 10k Over Years
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹12,093 28 Feb 21 ₹14,255 28 Feb 22 ₹14,414 28 Feb 23 ₹15,324 29 Feb 24 ₹20,032 Asset Allocation
Asset Class Value Cash 4.18% Equity 95.82% Sector Allocation
Sector Value Financial Services 95.82% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANKBanks - Regional 18% ₹893 Cr 8,485,814
↓ -600,000 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANKBanks - Regional 10% ₹493 Cr 3,513,920 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANKBanks - Regional 10% ₹473 Cr 2,800,000
↑ 250,000 State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBINBanks - Regional 8% ₹422 Cr 5,635,000
↑ 3,000,000 REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | 532955Credit Services 5% ₹230 Cr 5,200,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Jan 24 | SBILIFEInsurance - Life 4% ₹186 Cr 1,200,000 Canara Bank (Financial Services)
Equity, Since 31 Dec 22 | 532483Banks - Regional 4% ₹177 Cr 3,129,552 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Sep 23 | SHRIRAMFINCredit Services 4% ₹176 Cr 720,000 Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 23 | NAM-INDIAAsset Management 3% ₹174 Cr 3,369,568
↓ -838 Bank of India (Financial Services)
Equity, Since 31 Dec 23 | BANKINDIABanks - Regional 3% ₹165 Cr 12,545,197
↑ 2,000,000
Talk to our investment specialistFund Managers
Name Since Tenure Mohit Jain 30 Nov 17 6.25 Yr. Milind Agrawal 1 Aug 19 4.58 Yr. Custodians
Company Address Bank of Nova Scotia 12/13, Maker Chamber VI,220, Nariman Point HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), SBI-SG Global Securities Services Private Limited “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address SBI Mutual Fund 191"E", Maker Tower,Cuffe Parade Auditors
Company Address M/s. M. M. Nissim & Co. 3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year SBI Banking & Financial Services Fund
Normal Dividend, Reinvestment ₹28.8984
↓ -0.14 9.93 % 32.51 % 12.56 % 12.81 % SBI Banking & Financial Services Fund
Growth ₹32.1799
↓ -0.15 9.93 % 32.51 % 12.56 % 12.81 % SBI Banking & Financial Services Fund
Normal Dividend, Payout ₹28.8984
↓ -0.14 9.93 % 32.51 % 12.56 % 12.81 % Data as on 18 Mar 24