November 20, 2025
RA Jainee
SBI Banking & Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 50.8270
NAV IDCW: Rs 45.4316
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
Fund Manager:
1) Milind Agrawal
Education: B. Tech.- Mechanical Engineering, PGDM – Finance, CFA
Experience: Prior to joining SBI Mutual Fund he had worked with Goldman Sachs Services Pvt. Ltd. and Vadilal Enterprises Ltd.
Investment Details
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 500 |
| Min. Withdrawal (₹) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (₹) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 30 days |
Basic Details of SBI Banking & Financial Services Fund
| Fund House | SBI Mutual Fund |
| Launch Date | 26-Feb-15 |
| Return Since Launch | 16.35% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | ₹ 9,273 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.76% |
| (As on 31-Oct-2025) | |
| Risk Grade | Low |
| Return Grade | Above Average |
| Turnover | 88.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Banking & Financial Services Dir | 20.31 | 0.19 | 2.80 | 6.07 | 11.47 | 22.48 | 21.14 | 19.72 | 17.63 | 18.60 |
| BSE Bankex TRI | 16.17 | 0.57 | 2.19 | 6.78 | 6.20 | 16.40 | 12.01 | 15.74 | 12.89 | 13.72 |
| Equity: Sectoral-Banking | 18.07 | 0.25 | 2.60 | 6.14 | 8.63 | 18.90 | 17.33 | 18.69 | 15.57 | 15.33 |
| Rank within category | 7 | 23 | 9 | 14 | 4 | 5 | 3 | 4 | 3 | 1 |
| Number of funds in category | 33 | 39 | 39 | 39 | 37 | 32 | 18 | 12 | 11 | 10 |
Peer Comparison of SBI Banking & Financial Services Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| SBI Banking & Financial Services Dir | 4 star | 22.48 | 21.14 | 19.72 | 0.76 | 9,273 | 16.35 | 0.50 (30) | 10Y 8M | 88.00 |
| Nippon India Banking & Financial Srvices Dir | 5 star | 18.47 | 19.36 | 23.34 | 0.98 | 7,543 | 14.74 | 1.00 (30) | 12Y 10M | 21.00 |
| HDFC Banking & Financial Services Dir | 4 star | 19.65 | 18.45 | — | 0.76 | 4,362 | 16.06 | 1.00 (30) | 4Y 4M | 21.79 |
| Mirae Asset Banking and Fin Srvcs Dir | 4 star | 21.79 | 19.30 | — | 0.55 | 2,130 | 19.03 | 1.00 (365) | 4Y 11M | 40.00 |
| Sundaram Financial Services Opportunities Dir | 4 star | 17.6 | 20.04 | 20.53 | 0.77 | 1,601 | 14.54 | 0.50 (30) | 12Y 10M | 38.50 |
Portfolio Analysis of SBI Banking & Financial Services Fund
| No. of Stocks | 31 |
| Top 10 Stocks | 67.91% |
| Top 5 Stocks | 47.34% |
| Top 3 Sectors | 96.34% |
| Portfolio P/B Ratio | 2.58 |
| Portfolio P/E Ratio | 19.29 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,61,304 | 3,64,003 |
| Giant (%) | 67.38 | 64.96 |
| Large (%) | 14.60 | 19.40 |
| Mid (%) | 15.89 | 13.97 |
| Small (%) | 2.13 | 6.75 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For SBI Banking & Financial Services Fund
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