SBI Banking and PSU Fund - Direct (IDCW-D)


Banking and PSU Fund
  • NAV 1277.36 (-0.01%)
  • Fund Size (Cr) ₹4419.83
  • Expense Ratio 0.34
  • Scheme Type Active Fund
  • Value Research
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹5000
  • Exit Load 0%
  • Return Since Launch 7.61%

Basic Details

Scheme Manager
Rajeev Radhakrishnan
Bench Mark
NIFTY Banking and PSU Debt Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 24-Nov-23
  • 10013.85
  • 0.14%
  • -
  • 0.09%
  • 44/178
  • 1 Month
  • 01-Nov-23
  • 10052.43
  • 0.52%
  • -
  • 0.51%
  • 125/172
  • 3 Month
  • 01-Sep-23
  • 10131.39
  • 1.31%
  • -
  • 1.22%
  • 56/172
  • 6 Month
  • 01-Jun-23
  • 10260.28
  • 2.60%
  • -
  • 2.48%
  • 65/171
  • 1 Year
  • 01-Dec-22
  • 10670.89
  • 6.71%
  • 6.71%
  • 6.35%
  • 34/171
  • 3 Year
  • 01-Dec-20
  • 11360.56
  • 13.61%
  • 4.34%
  • 4.47%
  • 89/150
  • 5 Year
  • 30-Nov-18
  • 13928.33
  • 39.28%
  • 6.85%
  • 6.68%
  • 67/130
  • Since Inception
  • 08-Jan-13
  • 22254.27
  • 122.54%
  • 7.61%
  • 6.45%
  • 51/178

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Dec-22
  • 130000
  • 233742.77
  • 79.80%
  • 79.80%
  • 3 Year
  • 01-Dec-20
  • 370000
  • 696283.08
  • 88.18%
  • 23.46%
  • 5 Year
  • 03-Dec-18
  • 610000
  • 1206593.17
  • 97.80%
  • 14.62%
  • 10 Year
  • 02-Dec-13
  • 1210000
  • 2530310.41
  • 109.12%
  • 7.66%

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

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  • Invested Amount

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Risk Ratios

  • Standard Deviation
    0.53%
  • Beta
    0.06%
  • Sharpe Ratio
    2.68%
  • Treynor’s Ratio
    7.10%
  • Jension’s Alpha
    3.86%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • N A B A R D
  • 5.95%
  • 2650
  • 262.96
  • Corporate Debts
  • Debt Others
  • Nuclear Power Co
  • 4.63%
  • 20400
  • 204.49
  • Corporate Debts
  • Debt Others
  • Axis Bank
  • 3.95%
  • 1730
  • 174.62
  • Corporate Debts
  • Debt Others
  • I R F C
  • 3.94%
  • 17500
  • 174.28
  • Corporate Debts
  • Debt Others
  • Power Fin.Corpn.
  • 3.79%
  • 1700
  • 167.62
  • Corporate Debts
  • Debt Others
  • Power Fin.Corpn.
  • 3.4%
  • 15000
  • 150.16
  • Corporate Debts
  • Debt Others
  • HDFC Bank
  • 3.38%
  • 15000
  • 149.62
  • Corporate Debts
  • Debt Others
  • REC Ltd
  • 3.38%
  • 15000
  • 149.21
  • Corporate Debts
  • Debt Others
  • GAIL (India)
  • 3.36%
  • 1500
  • 148.53
  • Corporate Debts
  • Debt Others
  • HDFC Bank
  • 2.82%
  • 1250
  • 124.60
  • Corporate Debts
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • SBI Banking and PSU Fund - Direct (IDCW-D)
  • 4419.83
  • 0.52%
  • 1.31%
  • 2.60%
  • 6.71%
  • 4.34%
  • TRUSTMF Banking & PSU Debt Fund - Dir (IDCW-D) RI
  • 351.48
  • 0.78%
  • 2.19%
  • 4.59%
  • 9.51%
  • -
  • ICICI Pru Banking & PSU Debt Fund-Direct (IDCW-Q)
  • 8282.8
  • 0.57%
  • 1.51%
  • 3.39%
  • 7.39%
  • 5.45%
  • ICICI Pru Banking & PSU Debt Fund - Direct (G)
  • 8282.8
  • 0.57%
  • 1.51%
  • 3.39%
  • 7.38%
  • 5.63%
  • Bandhan Banking & PSU Debt Fund - Direct (IDCW-A)
  • 14779.63
  • 0.57%
  • 1.41%
  • 2.74%
  • 7.12%
  • 5.00%
  • Bandhan Banking & PSU Debt Fund - Direct (IDCW-D)
  • 14779.63
  • 0.49%
  • 1.36%
  • 2.77%
  • 7.04%
  • 4.94%

News

  • SBI Long Duration Fund Announces change in Exit Load Structure SBI Mutual Fund has announced that the exit load of SBI Long Duration Fund will be revised as under with effect from October 19, 2023:

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    SBI Long Duration Fund For exit within 12 months from the date of allotment - 1%
    For exit after 12 months from the date of allotment - Nil
    For exit on or before 90 days from the date of allotment - 0.25%
    For exit after 90 days from the date of allotment - Nil

    Powered by Capital Market - Live News

  • SBI Mutual Fund Announces change in benchmark under its scheme SBI Mutual Fund has approved the following change to the first tier benchmark index of SBI Retirement Benefit Fund - Conservative Plan, with effect from August 01, 2023:

    Changes in Benchmark Index:

    Scheme Name Existing First Tier Benchmark Revised First Tier Benchmark
    SBI Retirement Benefit Fund - Conservative Plan NIFTY Composite Debt Index CRISIL Hybrid 85+15 - Conservative Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 30-Sep-2009
  • Total AUM (Cr) ₹4420.40

SBI Banking and PSU Fund - Direct (IDCW-D) is an Banking and PSU Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in Sep 2009, this fund is managed by Rajeev Radhakrishnan. With assets under management (AUM) worth ₹4420.40 (Cr), as of 01-Dec-2023, SBI Banking and PSU Fund - Direct (IDCW-D) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.61% since its launch.
The current NAV of SBI Banking and PSU Fund - Direct (IDCW-D) is ₹1277.36, as on 01-Dec-2023. The fund’s benchmark index is NIFTY Banking and PSU Debt Index. You can invest in SBI Banking and PSU Fund - Direct (IDCW-D) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 4.34% and 6.85% 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 , 96.01% in Debt and 3.99% in cash and cash equivalents

FAQs on SBI Banking and PSU Fund - Direct (IDCW-D)

SBI Banking and PSU Fund - Direct (IDCW-D) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 7.61% since inception. Looking to invest in SBI Banking and PSU Fund - Direct (IDCW-D)? How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Banking and PSU Fund - Direct (IDCW-D) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Banking and PSU Fund - Direct (IDCW-D)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Banking and PSU Fund - Direct (IDCW-D) today and reap the benefits of this Banking and PSU Fund fund!

In the short term, i.e., 1 year, SBI Banking and PSU Fund - Direct (IDCW-D) has generated annualised return of 6.71%. In the long-term, the fund has generated 4.34% and 6.85% in 3 and 5 years respectively. Since its inception, the fund has generated 7.61% returns.

The expense ratio of SBI Banking and PSU Fund - Direct (IDCW-D) Direct Growth is 0.34%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of SBI Banking and PSU Fund - Direct (IDCW-D) is ₹4420.40 (Cr) as of 01 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of SBI Banking and PSU Fund - Direct (IDCW-D) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Banking and PSU Fund - Direct (IDCW-D):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Banking and PSU Fund - Direct (IDCW-D)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in SBI Banking and PSU Fund - Direct (IDCW-D). Minimum lumpsum investment SBI Banking and PSU Fund - Direct (IDCW-D) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of SBI Banking and PSU Fund - Direct (IDCW-D) is ₹1277.36 as on 01 December 2023.

The 5 biggest stock holdings of SBI Banking and PSU Fund - Direct (IDCW-D) are:
N A B A R D (5.95%), Nuclear Power Co (4.63%), Axis Bank (3.95%), I R F C (3.94%), Power Fin.Corpn. (3.79%)

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