Mutual Funds
AMC
SBI Banking & Financial Services Fund - Direct (G)

SBI Banking & Financial Services Fund - Direct (G)

NAV
50.97(-0.62%)
Fund Size (CR)
₹9,273.44
Expense Ratio
0.76
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.5%
Return Since Launch
16.39%

Absolute Return: 9.98%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

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	24 November 2025	10162.83	1.63%	-	1.03%	138/940
1 Month	31 October 2025	10342.81	3.43%	-	0.29%	28/936
3 Month	1 September 2025	11030.48	10.30%	-	4.12%	32/916
6 Month	31 May 2025	11122.54	11.23%	-	5.98%	80/872
1 Year	30 November 2024	11926.91	19.27%	19.27%	4.63%	25/776
3 Year	1 December 2022	17589.90	75.90%	20.69%	18.74%	167/506
5 Year	1 December 2020	24057.27	140.57%	19.18%	20.39%	207/402
Since Inception	26 February 2015	51292.50	412.93%	16.39%	13.56%	360/940

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 December 2024	1,30,000	146809.07	12.93%	12.93%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

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

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.37%

Standard Deviation

0.85%

Beta

1.17%

Sharpe Ratio

0.06%

Treynor's Ratio

6.20%

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
HDFC Bank	13.45%	12629430	1246.90	Equity	Banks
Axis Bank	9.35%	7035410	867.33	Equity	Banks
Kotak Mah. Bank	9.28%	4091554	860.13	Equity	Banks
SBI	8.82%	8730364	818.04	Equity	Banks
ICICI Bank	6.44%	4435814	596.75	Equity	Banks
Bajaj Finserv	6.31%	2802018	585.15	Equity	Finance
SBI Life Insuran	5.08%	2408631	471.06	Equity	Insurance
Aditya Birla Cap	3.14%	8981743	291.19	Equity	Finance
Bajaj Finance	3.04%	2700000	281.56	Equity	Finance
Bank of Baroda	3.00%	9985585	278.00	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Banking & Financial Services Fund - Direct (G)	9273.44	3.43%	10.30%	11.23%	19.27%	20.69%
Nippon India Taiwan Equity Fund - Direct (G)	421.51	-0.57%	13.73%	48.01%	52.31%	36.37%
Nippon India Taiwan Equity Fund - Direct (IDCW)	421.51	-0.57%	13.73%	48.01%	52.31%	36.37%
Aditya Birla SL International Equity Fund - Direct (G)	273.51	0.35%	5.41%	17.40%	31.07%	16.29%
Aditya Birla SL International Equity Fund - Direct (IDCW)	273.51	0.35%	5.41%	17.40%	31.07%	16.29%
Franklin Asian Equity Fund - Direct (G)	297.12	-1.63%	8.70%	18.98%	24.16%	12.26%

List of Schemes under SBI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
SBI Magnum Low Duration Fund	Debt	Moderate	7.68%	3	₹16,368.31
SBI Overnight Fund	Debt	Low	5.91%	3	₹25,942.57
SBI Gold Fund	Other	Very High	65.69%	5	₹8,456.78
SBI Liquid Fund	Debt	Moderate	6.6%	2	₹68,619.44
SBI Saving Fund	Debt	Moderate	7.61%	3	₹36,934.38
SBI Nifty Index Fund	Other	Very High	8.27%	3	₹11,312.47
SBI Corporate Bond Fund	Debt	Moderately Low	8.5%	3	₹24,985.30
SBI Equity Minimum Variance	Equity	Very High	5.99%	0	₹229.45
SBI Magnum Constant Maturity Fund	Debt	Moderate	7.3%	0	₹1,852.21
SBI Short Horizon Debt - Short Term	Debt	Moderate	8.51%	3	₹17,550.29
SBI Banking and PSU Fund	Debt	Moderate	8.19%	3	₹4,254.28
SBI Magnum Ultra Short Duration Fund	Debt	Moderately Low	7.27%	2	₹15,043.83
SBI Arbitrage Opportunities Fund	Hybrid	Low	7.1%	4	₹39,858.59
SBI Magnum Gilt Fund	Debt	Moderate	5.17%	4	₹11,066.54
SBI Long Term Advantage Fund - Series VI	Equity	Moderately High	-2.92%	0	₹272.56
SBI Magnum Medium Duration Fund	Debt	Moderately High	8.15%	3	₹6,874.48
SBI Long Term Advantage Fund - Series V	Equity	Moderately High	10.33%	0	₹386.77
SBI Magnum Income Fund	Debt	Moderate	6.72%	4	₹2,169.23
SBI Long Term Advantage Fund - Series III	Equity	Moderately High	-7.31%	0	₹69.12
SBI Long Term Advantage Fund - Series IV	Equity	Moderately High	3%	0	₹213.14
SBI Credit Risk Fund	Debt	Moderately High	8.79%	3	₹2,185.17
SBI Dynamic Bond Fund	Debt	Moderate	6.59%	3	₹4,775.75
SBI Equity Savings Fund	Hybrid	Moderately High	6.13%	3	₹5,993.21
SBI Large Cap Fund	Equity	Very High	7.21%	4	₹54,687.99
SBI Equity Hybrid Fund	Hybrid	Very High	12.09%	3	₹81,951.86
SBI Flexi Cap Fund	Equity	Very High	5.83%	3	₹23,168.43
SBI Conservative Hybrid Fund	Hybrid	High	7.24%	4	₹9,973.84
SBI Focused Fund	Equity	Very High	16.47%	4	₹40,823.77
SBI Small Cap Fund	Equity	Very High	-4.25%	2	₹36,945.09
SBI Multi Asset Allocation Fund	Hybrid	Very High	16.6%	4	₹11,699.85
SBI Midcap Fund	Equity	Very High	0.73%	3	₹23,036.04
SBI Healthcare Opportunities Fund	Equity	Very High	3.74%	5	₹4,082.13
SBI MNC Fund	Equity	Very High	-2.82%	0	₹5,961.59
SBI ELSS Tax Saver Fund	Equity	Very High	4.51%	5	₹31,782.82
SBI Magnum Children Benefit Fund - Savings Plan	Solution Oriented	Moderately High	3.56%	5	₹131.80
SBI Banking & Financial Services Fund	Equity	Very High	18.54%	4	₹9,273.44
SBI Consumption Opportunities Fund	Equity	Very High	-4.97%	4	₹3,259.42
SBI ESG Exclusionary Strategy Fund	Equity	Very High	4.93%	0	₹5,719.57
SBI Large & Midcap Fund	Equity	Very High	9.26%	4	₹35,514.42
SBI Contra Fund	Equity	Very High	4.79%	5	₹49,218.42
SBI Technology Opportunities Fund	Equity	Very High	5.26%	0	₹4,934.03
SBI Infrastructure Fund-Series	Equity	Very High	-1.89%	3	₹4,788.49
SBI Comma Fund	Equity	Very High	4.63%	0	₹828.94
SBI PSU Fund	Equity	Very High	5.96%	0	₹5,714.14
SBI US Specific Equity Active FoF	Other	Very High	22.88%	0	₹1,090.56
SBI CRISIL IBX Gilt Index-June 2036 Fund	Other	Moderate	7.24%	0	₹2,707.03
SBI Dividend Yield Fund	Equity	Very High	2.41%	0	₹9,278.89
SBI Retirement Benefit Fund-Aggrs Hyb Plan	Solution Oriented	Very High	5.18%	3	₹1,679.35
SBI BSE Sensex Index Fund	Other	Very High	6.96%	0	₹346.01
SBI Innovative Opportunities Fund	Equity	Very High	0.68%	0	₹6,533.13
SBI Nifty200 Quality 30 Index Fund	Other	Very High	0%	0	₹309.67
SBI Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹2,020.45
SBI Nifty100 Low Volatility 30 Index Fund	Other	Very High	0%	0	₹65.46
SBI CRISIL IBX Gilt Index-April 2029 Fund	Other	Moderate	8.61%	0	₹2,091.05
SBI Long Duration Fund	Debt	Moderate	3.45%	0	₹2,287.65
SBI Nifty Bank Index Fund	Other	Very High	0%	0	₹129.29
SBI Balanced Advantage Fund	Hybrid	Very High	9.02%	5	₹38,628.37
SBI Nifty India Consumption Index Fund	Other	Very High	8.6%	0	₹330.09
SBI Multicap Fund	Equity	Very High	4.85%	3	₹23,986.25
SBI Retirement Benefit Fund-Aggressive Plan (G)	Solution Oriented	Very High	2.66%	3	₹3,124.46
SBI Nifty IT Index Fund	Other	Very High	0%	0	₹68.56
SBI Nifty200 Momentum 30 Index Fund	Other	Very High	0%	0	₹111.56
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund	Other	Moderately Low	7.51%	0	₹8,441.74
SBI Retirement Benefit Fund-Conser Hyb Plan	Solution Oriented	High	3.97%	2	₹286.56
SBI Floating Rate Debt Fund	Debt	Moderately Low	7.35%	3	₹797.86
SBI Energy Opportunities Fund	Equity	Very High	2.24%	0	₹9,722.28
SBI Magnum Children's Benefit Fund - IP	Solution Oriented	Very High	14.58%	5	₹4,735.04
SBI BSE PSU Bank Index Fund	Other	Very High	0%	0	₹99.12
SBI Nifty50 Equal Weight Index Fund	Other	Very High	10.55%	0	₹1,017.38
SBI Nifty Midcap 150 Index Fund	Other	Very High	5.93%	3	₹927.51
SBI Retirement Benefit Fund-Conservative Plan	Solution Oriented	Moderately High	4.74%	3	₹174.22
SBI Dynamic Asset Allocation Active FoF	Other	High	0%	0	₹2,117.48
SBI Nifty Next 50 Index Fund	Other	Very High	-2.22%	2	₹1,824.89
SBI Silver ETF Fund of Fund	Other	Very High	92.53%	0	₹1,193.17
SBI Nifty 500 Index Fund	Other	Very High	4.99%	0	₹860.69
SBI Nifty Smallcap 250 Index Fund	Other	Very High	-6.38%	3	₹1,551.49
SBI CRISIL IBX SDL Index-September 2027 Fund	Other	Moderate	7.94%	0	₹1,008.71
SBI Automotive Opportunities Fund	Equity	Very High	16.56%	0	₹5,378.28
SBI Quant Fund	Equity	Very High	0%	0	₹3,704.72

News

SBI Mutual Fund announces change in Key Personnel
SBI Mutual Fund has announced the Ms. Sanjay Prakash have been appointed as an Independent Director on the board of SBI Asset Management (India) Pvt. Ltd. (SBIFML) effective October 23, 2025.
Details of Mr. Sanjay Prakash
Age: 61 years
Designation: Independent Director
Qualification: B.A. Ecnomics (Hons): Advanced Management Program (AMP) from Harvard Business School
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SBI Silver ETF Fund of Fund Resumption of Subscription
SBI Mutual Fund has announced the resumption of subscription in SBI Silver ETF Fund of Fund, with effect from October 27, 2025.
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SBI Mutual Fund announces temporarily suspend
SBI Mutual Fund has decided to temporarily suspend all fresh subscriptions through lumpsum investment in SBI Silver ETF Fund of Fund With effect from 13 October 2025
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

11 February 2015

Total AUM (Cr)

₹9273.44

SBI Banking & Financial Services Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 11 February 2015, this fund is managed by Milind Agrawal. With assets under management (AUM) worth ₹9,273.44 (Cr), as of 2 December 2025, SBI Banking & Financial Services Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 16.39% since its launch.
The current NAV of SBI Banking & Financial Services Fund - Direct (G) is ₹50.97, as on 2 December 2025. 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 20.69% and 19.18% 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 96.34% in Equity, 2.00% in Debt and 1.66% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 55.65% in Banks, 23.43% in Finance, 15.45% in Insurance, 3.74% in Capital Markets, 1.85% in Debt