FAQ : SBI Banking & Financial Services Fund - Growth - Direct Plan

SBI Banking & Financial Services Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 30.92 12.81 16.04 15.18
Average Rolling Returns(%) 19.44 16.60 14.92 N/A

The Current NAV of SBI Banking & Financial Services Fund - Growth - Direct Plan is ₹36.24.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE SENSEX - TRI returns, as Funds portfolio is significantly different.

SBI Banking & Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 0.77%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Banking & Financial Services Fund - Growth - Direct Plan is currently ₹4,972 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Kotak Mahindra Bank and account for 37% of its portfolio. Top 5 and 10 stocks of fund account for 50% and 68% of fund’s portfolio respectively.

Top three sectors of SBI Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Milind Agrawal manages the SBI Banking & Financial Services Fund - Growth - Direct Plan Fund.

SBI Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 21.76 and PB ratio is 3.53

The asset allocation of SBI Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 95.80%, Debt : 4.19% and Gold : 0%

The minimum SIP amount for SBI Banking & Financial Services Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for SBI Banking & Financial Services Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days

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