SBI Banking & Financial Services Fund - Direct (G)

Sectoral / Thematic

Invest Now

NAV
50.00(0.07%)
Fund Size (CR)
₹10,374.67
Expense Ratio
0.77
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
0.5%
Return Since Launch
15.26%

Absolute Return: 12.85%

Annualized Return: 0%

Basic Details

Scheme Manager

Milind Agrawal

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	June 18, 2026	10044.64	0.45%	-	0.49%	316/1007
1 Month	May 25, 2026	10258.24	2.58%	-	1.68%	372/1007
3 Month	March 25, 2026	10690.60	6.91%	-	10.63%	793/1007
6 Month	December 24, 2025	9777.39	-2.23%	-	1.92%	649/964
1 Year	June 25, 2025	10477.75	4.78%	4.78%	5.48%	418/876
3 Year	June 23, 2023	16817.07	68.17%	18.86%	17.44%	217/534
5 Year	June 25, 2021	19547.81	95.48%	14.34%	14.44%	202/434
Since Inception	February 26, 2015	50003.70	400.04%	15.26%	11.52%	336/1006

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	July 1, 2025	1,20,000	123428.89	2.86%	2.86%
3 Year	July 3, 2023	3,60,000	441742.37	22.71%	7.06%
5 Year	July 1, 2021	6,00,000	890094.54	48.35%	8.21%
10 Year	July 1, 2016	12,00,000	2757445.23	129.79%	8.68%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

4.21%

Standard Deviation

0.88%

Beta

0.79%

Sharpe Ratio

0.00%

Treynor's Ratio

6.85%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	12.80%	10569214	1327.92	Equity	Banks
Kotak Mah. Bank	9.98%	26957770	1035.72	Equity	Banks
SBI	8.67%	9330364	899.82	Equity	Banks
Axis Bank	6.21%	5011517	644.78	Equity	Banks
HDFC Bank	5.90%	8216796	611.78	Equity	Banks
Muthoot Finance	5.77%	1790802	598.65	Equity	Finance
HDFC Life Insur.	4.79%	8348085	496.54	Equity	Insurance
Angel One	3.49%	10738680	362.22	Equity	Stock/ Commodity Brokers
Bank of Baroda	2.95%	11411716	306.40	Equity	Banks
SBI Life Insuran	2.74%	1553747	284.35	Equity	Insurance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Banking & Financial Services Fund - Direct (G)	10374.67	2.58%	6.91%	-2.23%	4.78%	18.86%
Nippon India Taiwan Equity Fund - Direct (G)	1256.27	-2.07%	40.05%	108.76%	185.47%	62.79%
Nippon India Taiwan Equity Fund - Direct (IDCW)	1256.27	-2.07%	40.05%	108.76%	185.47%	62.79%
Franklin Asian Equity Fund - Direct (G)	869.62	3.60%	23.52%	30.97%	49.91%	22.75%
Franklin Asian Equity Fund - Direct (IDCW)	869.62	3.60%	23.52%	30.96%	49.90%	22.73%
Nippon India Japan Equity Fund - Direct (G)	347.52	-1.14%	9.29%	19.66%	36.73%	20.03%

List of Schemes under SBI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
SBI Long Duration Fund	Debt	Moderate	3.03%	0	₹1,504.13
SBI Silver ETF Fund of Fund	Other	Very High	103.52%	0	₹4,190.30
SBI Nifty100 Low Volatility 30 Index Fund	Other	Very High	0%	0	₹59.97
SBI Midcap Fund	Equity	Very High	2.5%	3	₹23,416.75
SBI Nifty Midcap 150 Index Fund	Other	Very High	5.43%	3	₹1,094.22
SBI Overnight Fund	Debt	Low	5.31%	3	₹27,698.50
SBI Small Cap Fund	Equity	Very High	3.28%	2	₹37,394.61
SBI PSU Fund	Equity	Very High	9.92%	0	₹6,593.63
SBI Nifty India Consumption Index Fund	Other	Very High	-1.13%	0	₹263.54
SBI Consumption Opportunities Fund	Equity	Very High	-7.32%	4	₹2,805.65
SBI Retirement Benefit Fund-Conser Hyb Plan	Solution Oriented	High	1.58%	2	₹254.64
SBI Saving Fund	Debt	Moderate	6.24%	3	₹32,506.53
SBI Nifty G-sec Jul 2031 Index Fund	Other	Moderate	0%	0	₹17.08
SBI Children Fund - Savings Plan	Solution Oriented	Moderately High	7.67%	5	₹141.07
SBI ESG Exclusionary Strategy Fund	Equity	Very High	-0.6%	0	₹5,248.89
SBI Conservative Hybrid Fund	Hybrid	High	5.69%	4	₹10,033.47
SBI Nifty50 Equal Weight Index Fund	Other	Very High	3.46%	0	₹1,048.04
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund	Other	Moderately Low	6%	0	₹8,044.85
SBI Children's Fund - Investment Plan	Solution Oriented	Very High	19.35%	5	₹6,387.01
SBI Credit Risk Fund	Debt	Moderately High	7.88%	3	₹2,159.18
SBI Energy Opportunities Fund	Equity	Very High	6.88%	0	₹8,906.34
SBI Gilt Fund	Debt	Moderate	3.66%	4	₹8,484.04
SBI Equity Hybrid Fund	Hybrid	Very High	4.08%	3	₹84,010.97
SBI Technology Opportunities Fund	Equity	Very High	-17.93%	0	₹4,228.10
SBI Nifty Smallcap 250 Index Fund	Other	Very High	1.5%	3	₹1,581.65
SBI BSE Sensex Index Fund	Other	Very High	-6.03%	0	₹306.96
SBI BSE PSU Bank Index Fund	Other	Very High	23.41%	0	₹321.88
SBI MNC Fund	Equity	Very High	8.34%	0	₹6,062.06
SBI US Specific Equity Active FoF	Other	Very High	35.53%	0	₹1,266.27
SBI Nifty Bank Index Fund	Other	Very High	3.72%	0	₹167.84
SBI Retirement Benefit Fund-Aggrs Hyb Plan	Solution Oriented	Very High	3.08%	3	₹1,576.45
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Low	0%	0	₹358.90
SBI Equity Savings Fund	Hybrid	Moderately High	3.23%	3	₹5,642.66
SBI Constant Maturity 10- Year Gilt Fund	Debt	Moderate	3.85%	0	₹1,669.49
SBI Healthcare Opportunities Fund	Equity	Very High	15.81%	5	₹4,565.95
SBI Large Cap Fund	Equity	Very High	2.66%	4	₹53,527.40
SBI Gold Fund	Other	Very High	41.68%	5	₹16,532.94
SBI Nifty200 Quality 30 Index Fund	Other	Very High	-3.92%	0	₹316.26
SBI Quality Fund	Equity	Very High	0%	0	₹2,361.00
SBI Long Term Advantage Fund - Series VI	Equity	Moderately High	0.64%	0	₹249.17
SBI Focused Fund	Equity	Very High	10.12%	4	₹46,623.39
SBI Banking and PSU Fund	Debt	Moderate	5.2%	3	₹3,979.20
SBI Banking & Financial Services Fund	Equity	Very High	4.78%	4	₹10,374.67
SBI CRISIL IBX SDL Index-September 2027 Fund	Other	Moderate	5.68%	0	₹1,427.71
SBI CRISIL IBX Gilt Index-April 2029 Fund	Other	Moderate	5.39%	0	₹1,912.80
SBI Arbitrage Opportunities Fund	Hybrid	Low	6.56%	4	₹43,265.65
SBI Automotive Opportunities Fund	Equity	Very High	27.11%	0	₹5,177.78
SBI Large & Midcap Fund	Equity	Very High	6.18%	4	₹39,424.46
SBI Dynamic Bond Fund	Debt	Moderate	5.07%	3	₹3,770.35
SBI Comma Fund	Equity	Very High	11.57%	0	₹1,125.12
SBI Nifty200 Momentum 30 Index Fund	Other	Very High	0%	0	₹125.23
SBI Long Term Advantage Fund - Series IV	Equity	Moderately High	2.65%	0	₹191.20
SBI Flexi Cap Fund	Equity	Very High	-0.6%	3	₹22,386.52
SBI ELSS Tax Saver Fund	Equity	Very High	0.08%	5	₹30,955.01
SBI Contra Fund	Equity	Very High	-2.09%	5	₹47,263.08
SBI Retirement Benefit Fund-Aggressive Plan (G)	Solution Oriented	Very High	0.15%	3	₹3,000.31
SBI Long Term Advantage Fund - Series V	Equity	Moderately High	1.92%	0	₹354.10
SBI CRISIL IBX Gilt Index-June 2036 Fund	Other	Moderate	4.35%	0	₹2,627.74
SBI Medium to Long Duration Fund	Debt	Moderate	4.64%	4	₹2,045.99
SBI Ultra Short Duration Fund	Debt	Moderately Low	6.33%	2	₹11,613.32
SBI Short Horizon Debt - Short Term	Debt	Moderate	5.64%	3	₹14,340.19
SBI Floating Rate Debt Fund	Debt	Moderately Low	6.03%	3	₹675.44
SBI Balanced Advantage Fund	Hybrid	Very High	3.57%	5	₹40,673.49
SBI Multi Asset Allocation Fund	Hybrid	Very High	12.46%	4	₹18,946.54
SBI Retirement Benefit Fund-Conservative Plan	Solution Oriented	Moderately High	2.26%	3	₹145.03
SBI Corporate Bond Fund	Debt	Moderately Low	5.23%	3	₹21,769.55
SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund	Other	Moderate	0%	0	₹44.77
SBI Equity Minimum Variance	Equity	Very High	-0.04%	0	₹208.93
SBI Nifty Index Fund	Other	Very High	-3.76%	3	₹13,283.40
SBI Low Duration Fund	Debt	Moderate	6.02%	3	₹13,052.63
SBI Dividend Yield Fund	Equity	Very High	3.49%	0	₹8,309.93
SBI Innovative Opportunities Fund	Equity	Very High	0.88%	0	₹4,935.25
SBI Nifty 500 Index Fund	Other	Very High	-0.11%	0	₹759.92
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹251.60
SBI Quant Fund	Equity	Very High	-0.72%	0	₹3,055.17
SBI Multicap Fund	Equity	Very High	0.38%	3	₹23,179.50
SBI Infrastructure Fund-Series	Equity	Very High	3.9%	3	₹4,795.97
SBI Nifty IT Index Fund	Other	Very High	-28.69%	0	₹92.70
SBI Dynamic Asset Allocation Active FoF	Other	High	0%	0	₹2,327.02
SBI Liquid Fund	Debt	Moderate	6.29%	2	₹85,333.33
SBI Medium Duration Fund	Debt	Moderately High	6.29%	3	₹6,435.62
SBI Nifty Next 50 Index Fund	Other	Very High	7.34%	2	₹2,095.74
SBI Income Plus Arbitrage Active FOF	Other	Moderately Low	5.72%	0	₹1,810.97

News

SBI Mutual Fund announces change in Exit Load Structure

SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from June 02, 2026.

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
SBI Arbitrage Opportunities Fund	For exit within 1 month from the date of allotment - 0.25% For exit after 1 month from the date of allotment - Nil	For exit within 15 days from the date of allotment - 0.25% For exit after 15 days from the date of allotment - Nil

Powered by Capital Market - Live News

SBI Mutual Fund announces change in fund manager under its scheme
SBI Mutual Fund has announced change in fund manager under the following scheme, With effect from June 01, 2026.
Change in Fund Manager:

Scheme Name Existing Fund Manager(s) New Fund Manager

SBI Multicap Fund Mr. Rama Iyer Srinivasan and Mr. Saurabh Pant Mr. Ruchit Mehta

Powered by Capital Market - Live News

Scheme Name	Existing Fund Manager(s)	New Fund Manager
SBI Multicap Fund	Mr. Rama Iyer Srinivasan and Mr. Saurabh Pant	Mr. Ruchit Mehta

SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund & SBI Nifty G-sec Jul 2031 Index Fund Announces Extension of NFO period

SBI Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Name of the Scheme	Existing closing date of NFO	Revised closing date of NFO
SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund & SBI Nifty G-sec Jul 2031 Index Fund	May 19, 2026	May 25, 2026

Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

February 11, 2015

Total AUM (Cr)

₹10374.67

SBI Banking & Financial Services Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in February 11, 2015, this fund is managed by Milind Agrawal. With assets under management (AUM) worth ₹10,374.67 (Cr), as of June 25, 2026, SBI Banking & Financial Services Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 15.26% since its launch.
The current NAV of SBI Banking & Financial Services Fund - Direct (G) is ₹50, as on June 25, 2026. The fund's benchmark index is Nifty Financial Services TRI. You can invest in SBI Banking & Financial Services Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 18.86% and 14.34% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 95.56% in Equity, 3.91% in Debt and 0.53% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 50.81% in Banks, 21.82% in Finance, 11.95% in Insurance, 7.27% in Debt, 5.37% in Capital Markets

Mutual Fund Categories

Mutual Fund Calculators

View All

SIP Calculator

Compute the future value of your SIP investments

Lumpsum Calculator

Calculate lumpsum investment corpus

SWP Calculator

Calculate the future value of your SWP Investments