SBI Banking & Financial Services Fund Details

Mutual Fund

SBI Banking & Financial Services Fund is an open-ended sectoral fund. This Fund focuses on banking and financial specific investments. The aim of SBI Banking & Financial Services Fund fund is to generate long-term wealth by investing primarly in equity securities of the companies who are involved in banking and financial services.

SBI Banking & Financial Services Fund is managed by Ms. Sohini Andani. This fund follows bottom-up approach for selecting stocks of companies engaged in banking and financial services. The risk profile of this fund is high. 

Important facts of SBI Banking & Financial Services Fund

  • SBI Banking & Financial Services Mutual Fund plan primarily invests in equity securities around 93.83%, out of which 58.38% in large cap, 26.37% in mid cap and 9.08% in small cap stocks.
  • SBI Banking & Financial Services Fund under SBI mutual fund house focuses on financial sectors like- insurance firms, wealth management firms, Non-Banking Financial Institutions, micro-finance companies etc.
  • One can invest a certain sum of money every month in SBI Banking & Financial Services Fund sip mode.
  • SBI Banking & Financial Services Fund regular growth option under SBI fund house provide its customers with high return and active professional management of the portfolio.
  • SBI Banking & Financial Services Fund is suitable for those who have high risk appetite to gain return.
  • SBI Banking & Financial Services Fund exit load is nil if the investors exit the fund after 1 year from the date of allotment. 

Top 5 Sectors of SBI Banking & Financial Services Fund

S.No.Holding NameNet Assets (in %)
1Bank – Private51.95
2Finance – NBFC17.1
3Finance – Housing15.99
4Bank – Public8.78
5Miscellaneous6.19

(as on 28/03/2019)

Top 10 Holdings of SBI Banking & Financial ServicesFund

S.No.Holding NameNet Assets (in %)
1ICICI Bank Ltd.13.06
2Gruh Finance Ltd.10.29
3HDFC Bank Ltd.10.17
4Kotak Mahindra Bank Ltd.9.8
5Axis Bank Ltd.9.78
6State Bank of India8.78
7AU Small Finance Bank Ltd.6.22
8TREPS5.15
9PNB Housing Finance Ltd.4.34
10Muthoot Capital Services Ltd.4.12

(as on 28/03/2019)

SBI Banking & Financial Services Fund Details

Launch Date- February 26, 2015
Fund Manager- Ms. Sohini Andani
Risk- High
Benchmark- Nifty Financial Services Index
Return Since Launch- 15.42%
AUM- Rs. 632.24 crore (as on 28th Feb, 2019)
Here is the performance of SBI Banking & Financial Services Fund- 

1-Year3-Year5-Year10-Year
Fund22.0625.58
S&P BSE Finance TRI15.8222.91
Category16.7920.42
Rank within Category52
Number of funds in category1717
As on Mar 29, 2019

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