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Fincash » Mutual Funds » SBI Banking Financial Services Fund

SBI Banking & Financial Services Fund - G

NAV  ₹27.3098 ↑ 0.10  (0.38 %) as on 7 Jun 23

Scheme Objective

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 CAGR return of 12.9% since its launch.  Return for 2022 was 13.5% , 2021 was 12.1% and 2020 was 4.8% .

Below is the key information for SBI Banking & Financial Services Fund

NAV as on 7 Jun 23₹27.3098 ↑ 0.10  (0.38 %)
Net Assets (AUM) as on 30 Apr 2023 ₹4,018 Cr.
Launch Date26 Feb 2015
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskHigh
AMCSBI Funds Management Private Limited
Alpha Ratio-4.57
Expense Ratio2.09 %
Sharpe Ratio0.295
Information Ratio-0.21
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23

DurationReturns
1 Month 4.2%
3 Month 7.4%
6 Month 2%
1 Year 19.2%
3 Year 23.5%
5 Year 11.4%
10 Year
15 Year
Since launch 12.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 13.5%
2021 12.1%
2020 4.8%
2019 20.7%
2018 9.5%
2017 40.7%
2016 17%
2015
2014

Growth of 10k Over Years

DateValue
31 May 18₹10,000
31 May 19₹11,867
31 May 20₹8,411
31 May 21₹14,827
31 May 22₹14,439
31 May 23₹16,854
SBI Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash5.89%
Equity94.11%
SBI Banking & Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services93.67%
SBI Banking & Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | ICICIBANK
Banks - Regional17%₹696 Cr7,585,814
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
Banks - Regional14%₹544 Cr3,225,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK
Banks - Regional9%₹349 Cr1,800,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Oct 22 | BAJFINANCE
Credit Services7%₹269 Cr428,750
↑ 60,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
Banks - Regional7%₹268 Cr4,635,000
↓ -350,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFC
Mortgage Finance5%₹194 Cr700,000
LIC Housing Finance Ltd (Financial Services)
Equity, Since 30 Sep 22 | 500253
Mortgage Finance5%₹189 Cr5,490,919
Bank of Baroda (Financial Services)
Equity, Since 31 Dec 22 | BANKBARODA
Banks - Regional5%₹186 Cr9,895,478
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
Banks - Regional5%₹182 Cr2,110,795
↓ -400,000
Bandhan Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | BANDHANBNK
Banks - Regional4%₹161 Cr7,000,000
1 - 10 of 25
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Fund Managers

NameSinceTenure
Mohit Jain30 Nov 175.42 Yr.
Milind Agrawal1 Aug 193.75 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
HDFC Bank LtdHDFC 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
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
SBI Mutual Fund191"E", Maker Tower,Cuffe Parade

Auditors

CompanyAddress
M/s. M. M. Nissim & Co.3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
SBI Banking & Financial Services Fund
Normal Dividend, Reinvestment
₹24.5249
↑ 0.09
1.96 %19.2 %23.53 %11.35 %
SBI Banking & Financial Services Fund
Growth
₹27.3098
↑ 0.10
1.96 %19.2 %23.54 %11.35 %
SBI Banking & Financial Services Fund
Normal Dividend, Payout
₹24.5249
↑ 0.09
1.96 %19.2 %23.53 %11.35 %
Data as on 7 Jun 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.