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What is SBI Banking and Financial Services Fund?

SBI Banking and Financial Services Fund is an open-ended scheme that aims to provide investors with opportunities for long-term wealth appreciation by predominantly investing in equity and equity-related securities of companies engaged in banking and financial services sector.

A minimum of 80% of the principal is invested in stocks of companies engaged in banking and financial services sector by the scheme. The SBI Banking and Financial Services Fund scheme has the flexibility to invest up to 20% in equities other than companies engaged in banking and financial services and/or debt and money market instruments.


Some of the main features and benefits of SBI Banking and Financial Services Fund are as follows:

  • The scheme invests in equity & equity-related instruments of companies engaged in banking and financial services sector.
  • A minimum of 80% of the principal is invested in stocks of companies engaged in banking and financial services sector by the scheme.
  • The remaining 20% is invested in equities other than companies engaged in banking and financial services and/or debt and money market instruments.
  • The portfolio is well-diversified across stocks & themes.
  • Long term wealth creation.
  • Minimum investment: Rs. 5000
  • Riskometer: high-risk.

Fund details

Fund HouseSBI Mutual Fund
Launch DateFeb 26, 2015
BenchmarkNIFTY Financial Services TRI
RiskometerHigh
Risk GradeBelow Average
Return GradeHigh
Turnover215%
TypeOpen-ended
Return since Launch:12.80%
Minimum Investment (R)5,000
Minimum Addl Investment (R)1,000
Minimum SIP Investment (R)500
Minimum No of Cheques12
Minimum Withdrawal (R)500
Minimum Balance (R)1,000
Exit Load (%)1% for redemption within 365 days

Compounded Annualized Growth Rate Performance

Last 1 YearLast 3 YearLast 5 YearSince Inception (26/02/2015)
SBI Banking & Financial Services Fund3.19%15.4%N.A.13.91%
Scheme Benchmark: - Nifty Financial Services TRI9.62%18.25%N.A.12.99%
Additional Benchmark: - S&P BSE Sensex TRI0.93%11.49%N.A.7.68%

Current Value of Standard Investment of Rs 10,000

Last 1 YearLast 3 YearLast 5 YearSince Inception (26/02/2015)
SBI Banking & Financial Services Fund1031915379.44N.A.17799.4
Scheme Benchmark: - Nifty Financial Services TRI1096216548.41N.A.17172.1
Additional Benchmark: - S&P BSE Sensex TRI1009313864.71N.A.13876.92

Performance as on September 5, 2019

Please note that past performance of a mutual fund may not be a guarantee of future results. However, if you know how to analyze fund performance and know what to look for, you can make better investment decisions. This increases the odds that future performance will meet or exceed your expectations.

SIP Performance

Current Value of Standard Investment of Rs 10,000

Period Invested for₹1000 SIP Started onInvestmentsLatest ValueAbsolute ReturnsAnnualized Returns
1 Year07-Sep-181200012275.382.29 %4.26 %
2 Year08-Sep-172400025743.027.26 %6.89 %
3 Year09-Sep-16360004232117.56 %10.78 %

NAV as on 5th September 2019


Portfolio Aggregates

FundBenchmarkCategory
Average Mkt Cap (Rs Cr)158,703.30-177,512.15
Giant (%)73.59-73.08
Large (%)5.23-10.01
Mid (%)21.18-14.39
Small (%)--4.50
Tiny (%)---

Top Holdings

CompanySectorPE3Y High3Y Low% Assets
HDFC BankFinancial27.9023.197.4623.12
ICICI BankFinancial47.2514.750.0013.91
AU Small Finance BankFinancial39.499.150.009.15
State Bank of IndiaFinancial30.819.690.009.13
Axis BankFinancial32.9210.620.009.09
Kotak Mahindra BankFinancial37.159.802.068.04
ICICI Prudential Life Insurance Co. Ltd.Financial55.495.770.005.02
Cholamandalam Financial HoldingsFinancial125.318.490.004.74
HDFCFinancial33.4811.840.004.27
Bajaj FinanceFinancial45.778.420.003.02

Most Recent Dividends

PlanRecord DateDividend (R / Unit)
DividendMar 16, 20181.5000

The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.

PlansNAV (Rs)
Growth17.2694
Dividend15.5059

There is a 0.61% change from previous, NAV as on Sep 05, 2019


Investing in SBI Banking and Financial Services Fund is fairly straightforward. There are several easy ways of doing this:

Online: You can simply click on the “Invest Now” option on the company’s official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.

Offline: You may approach your nearest SBI Mutual Fund office and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also approach third party dealers for applying to this scheme. However, make sure that the dealer is genuine as there are a lot of fraudulent dealers.

Request for a callback: You can request for a call back by entering your contact details (name and phone number) on their contact form on the website whereupon an expert will get in touch with you to further discuss your investment options.

Email: You can email their customer service on the email address listed on the company’s website for more information.

Tollfree number: You can call their toll-free number listed on their official website and talk to an expert.

Chat: You can also chat with an online assistant using the chat option on their website and have your questions addressed.


1. What is SBI Banking and Financial Services Fund?

SBI Banking and Financial Services Fund is an open-ended scheme that provides investors with the opportunity for long-term wealth appreciation by investing largely in equity and equity-related securities of companies engaged in banking and financial services sector.

2. What is the breakdown of the investment scheme?

A minimum of 80% of the principal is invested in stocks of companies engaged in banking and financial services sector by the scheme. Additionally, up to 20% is invested in equities other than companies engaged in banking and financial services and/or debt and money market instruments.

3. What is the minimum investment?

The minimum investment to be made is Rs. 5000 and in multiples of Re. 1 thereafter.

4. Who is it suitable for?

This kind of scheme is good for those looking to generate long term wealth creation at high risk to the principal.

5. How do I apply for SBI Banking and Financial Services Fund offline?

You may approach any of the SBI Mutual Fund offices and submit the relevant forms and documents to proceed with the application process. You may also approach third party dealers for applying to this scheme.

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