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

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 28.37 16.94 14.92 N/A
Average Rolling Returns(%) 17.93 15.23 13.58 N/A

The Current NAV of SBI Banking & Financial Services Fund - Regular Plan - Growth is ₹32.74.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark Nifty Financial Services - TRI returns, as Funds portfolio is significantly different.

SBI Banking & Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 1.87%

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 - Regular Plan - Growth is currently ₹4,994 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Kotak Mahindra Bank and account for 38% of its portfolio. Top 5 and 10 stocks of fund account for 50% and 67% of fund’s portfolio respectively.

Top three sectors of SBI Banking & Financial Services Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and IT accounting for 101% 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.

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

SBI Banking & Financial Services Fund - Regular Plan - Growth current PE ratio is 24.11 and PB ratio is 3.95

The asset allocation of SBI Banking & Financial Services Fund - Regular Plan - Growth is Stocks : 97.19%, Debt : 2.84% and Gold : 0%

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

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

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.