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Fincash » Mutual Funds » SBI Banking Financial Services Fund

SBI Banking & Financial Services Fund - G

NAV  ₹35.1547 ↑ 0.19  (0.54 %) as on 27 May 24

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 14.6% since its launch.  Return for 2023 was 18.6% , 2022 was 13.5% and 2021 was 12.1% .

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

NAV as on 27 May 24₹35.1547 ↑ 0.19  (0.54 %)
Net Assets (AUM) as on 30 Apr 2024 ₹5,327 Cr.
Launch Date26 Feb 2015
CategoryEquity - Sectoral
RatingNot Rated
TypeOpen Ended Fund
RiskHigh
AMCSBI Funds Management Private Limited
Alpha Ratio16.47
Expense Ratio1.96 %
Sharpe Ratio2.057
Information Ratio0.46
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 27 May 24

DurationReturns
1 Month 3.8%
3 Month 7.6%
6 Month 21.9%
1 Year 30.8%
3 Year 14.3%
5 Year 12.8%
10 Year
15 Year
Since launch 14.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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

DateValue
30 Apr 19₹10,000
30 Apr 20₹8,109
30 Apr 21₹12,229
30 Apr 22₹13,162
30 Apr 23₹14,485
30 Apr 24₹19,166
SBI Banking & Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.83%
Equity98.17%
SBI Banking & Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services98.17%
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 - Regional21%₹1,143 Cr9,935,814
↑ 1,250,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANK
Banks - Regional20%₹1,047 Cr6,889,715
↑ 347,294
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 28 Feb 23 | KOTAKBANK
Banks - Regional9%₹503 Cr3,100,000
↑ 300,000
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
Banks - Regional9%₹482 Cr5,835,000
↑ 2,700,000
REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | 532955
Credit Services4%₹213 Cr4,200,000
Muthoot Finance Ltd (Financial Services)
Equity, Since 31 Dec 22 | 533398
Credit Services4%₹199 Cr1,156,547
Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 23 | NAM-INDIA
Asset Management4%₹198 Cr3,369,568
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | 590003
Banks - Regional3%₹186 Cr9,133,974
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 31 Jan 24 | SBILIFE
Insurance - Life3%₹172 Cr1,200,000
Bank of India (Financial Services)
Equity, Since 31 Dec 23 | BANKINDIA
Banks - Regional3%₹164 Cr10,545,197
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Fund Managers

NameSinceTenure
Mohit Jain30 Nov 176.42 Yr.
Milind Agrawal1 Aug 194.75 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
₹31.5703
↑ 0.17
21.9 %30.77 %14.27 %12.79 %
SBI Banking & Financial Services Fund
Growth
₹35.1547
↑ 0.19
21.9 %30.77 %14.26 %12.79 %
SBI Banking & Financial Services Fund
Normal Dividend, Payout
₹31.5703
↑ 0.17
21.9 %30.77 %14.27 %12.79 %
Data as on 27 May 24

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