Business Today
Subscribe
PMS TodayUS NewsIndiaUPSTARTWeatherBT ShortsNRIEducationElection
BT India 100BT GolfBT Mindrush
Search

COMPANIES

No Data Found

NEWS

No Data Found
Advertisement
News
mutual funds
sbi banking & financial services direct growth
SBI Banking & Financial Services Direct Growth

SBI Banking & Financial Services Direct Growth

  • Very High Risk
  • Equity
  • Sector - Financial Services
Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Jul 29, 2025
i
Price per unit of the scheme.
₹ 47.0497-0.03%1 Day Change
-2.67%
Minimum Investment₹5000
Expense Ratio0.78%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
SBI Banking & Financial Services Direct Growth
VS
Equity: Sector - Financial Services Average NAV
    Topper in Equity: Sector - Financial Services
    Baroda BNP Paribas Banking and Financial Services Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
    • Twitter
    • Facebook

    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    SBI Banking & Financial Services Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty Financial Services TR INR
    Expense Ratio
    0.78%
    Category Avg Expense Ratio
    0.91%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 8,537.50 Cr(As on Jun, 2025)
    Inception Date
    Feb 26, 2015
    Turnover
    87.00 %
    Exit Load
    For exit on or before 30 Days from the date of allotment 0.50%. For exit after 30 days from the date of allotment Nil. The AMC reserves the right to modify / change the load structure on a prospective basis.

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.

    SBI Banking & Financial Services Direct Growth is an Equity - Sector - Financial Services fund. The fund was launched inFeb 26, 2015. Its risk level is . The NAV of the fund as onJul 29, 2025 is ₹47.05. Its expense ratio is 0.78 %. The fund has an AUM of ₹8,537.50 Cr.The fund is managed byMohit Jain,Milind Agrawal,Pradeep Kesavan.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

    SUBSCRIBE TO
    BUSINESS TODAY MAGAZINE
    Subscribe Now
    Already a subscriber?Login

    bt_logoFUND MANAGER

    Milind Agrawal
    Milind Agrawal
    i
    Lead Fund Manager.
    Aug 1, 2019 - Present
    • Fund Manager Rank6Out of 14
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed1
    • Total AUM₹ 8,537.50 Cr
    • Highest Return In 1 Yr13.88 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Banking & Financial Services Direct Growth
    ₹ 47.05
    -2.67%
    -2.72%
    Very High Risk
    ₹8,537.50Cr
    SBI Banking & Financial Services Direct Growth
    Very High Risk
    • NAV₹ 47.05
    • Fund Size₹8,537.50Cr
    Fund Return-2.67%
    Category Return-2.72%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mohit Jain
    Mohit Jain
    i
    Lead Fund Manager.
    Nov 30, 2017 - Present
    • Schemes managed43
    • Total AUM₹ 6,11,769.88 Cr
    • Highest Return In 1 Yr19.25 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    --
    ₹ 44.92
    1.47%
    -%
    Very High Risk
    ₹3,827.79Cr
    SBI Multicap Fund Direct Growth
    --
    ₹ 17.84
    0.69%
    -2.43%
    Very High Risk
    ₹21,724.53Cr
    SBI Balanced Advantage Fund Direct Growth
    --
    ₹ 15.94
    -1.49%
    -1.37%
    Very High Risk
    ₹36,637.47Cr
    SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
    Very High Risk--
    • NAV₹ 44.92
    • Fund Size₹3,827.79Cr
    Fund Return1.47%
    Category Return--
    SBI Multicap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.84
    • Fund Size₹21,724.53Cr
    Fund Return0.69%
    Category Return-2.43%
    SBI Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.94
    • Fund Size₹36,637.47Cr
    Fund Return-1.49%
    Category Return-1.37%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Pradeep Kesavan
    Pradeep Kesavan
    i
    Lead Fund Manager.
    Dec 1, 2023 - Present
    • Schemes managed46
    • Total AUM₹ 6,35,243.92 Cr
    • Highest Return In 1 Yr19.25 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    SBI Credit Risk Fund Direct Plan Growth
    ₹ 49.69
    0.77%
    0.53%
    Moderately High risk
    ₹2,235.76Cr
    SBI Savings Fund Direct Plan Growth
    ₹ 44.82
    0.60%
    0.47%
    Moderate Risk
    ₹32,655.44Cr
    SBI Short Term Debt Fund Direct Growth
    ₹ 34.45
    0.67%
    0.52%
    Moderate Risk
    ₹16,052.83Cr
    SBI Credit Risk Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 49.69
    • Fund Size₹2,235.76Cr
    Fund Return0.77%
    Category Return0.53%
    SBI Savings Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 44.82
    • Fund Size₹32,655.44Cr
    Fund Return0.60%
    Category Return0.47%
    SBI Short Term Debt Fund Direct Growth
    Moderate Risk
    • NAV₹ 34.45
    • Fund Size₹16,052.83Cr
    Fund Return0.67%
    Category Return0.52%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (93.64%)
    DEBT (0.06%)
    CASH (6.30%)
    Allocation by Market Cap
    Large Cap(56.42%)
    Mid Cap(22.44%)
    Small Cap(14.39%)
    Industry Holdings
    • Banks Regional56.27%
    • Credit Services13.38%
    • Insurance Life12.55%
    • Financial Conglomerates5.46%
    • Asset Management4.56%
    • Financial Exchanges3.49%
    Stock Holdings
    • HDFC Bank Ltd23.01%
    • Kotak Mahindra Bank Ltd7.83%
    • ICICI Bank Ltd7.51%
    • Axis Bank Ltd5.75%
    • Max Financial Services Ltd5.56%
    • Muthoot Finance Ltd4.44%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      8.77
      This Fund
      VS
      5.27
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      82.54
      This Fund
      VS
      86.42
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.82
      This Fund
      VS
      0.95
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.41
      This Fund
      VS
      1.08
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      3.13
      This Fund
      VS
      2.31
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      12.90
      This Fund
      VS
      15.01
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    SBI Funds Management Ltd
    SBI Funds Management Ltd manages assets worth ₹ 11,90,700.26 crores. It’s current offering of mutual fund schemes includes 46 equity, 70 debt and 15 hybrid schemes.
    phone icon
    Phone
    022 - 61793000
    mail icon
    Email
    partnerforlife@sbimf.com
    aum
    AUM
    ₹ 11,90,700.26 Cr (
    As on Jun 30, 2025
    )
    location
    Address
    C-38 & 39, G Block, Bandra Kurla Complex, Mumbai,400 051

    bt_logoFAQ's

    What is the category of SBI Banking & Financial Services Direct Growth ?
    The category of SBI Banking & Financial Services Direct Growth is Equity - Sector - Financial Services
    What is the current NAV of SBI Banking & Financial Services Direct Growth ?
    The current NAV of SBI Banking & Financial Services Direct Growth as on Jul 29, 2025 is ₹47.05
    How safe is SBI Banking & Financial Services Direct Growth ?
    The risk level of SBI Banking & Financial Services Direct Growth is Very High.
    What are short term returns given by SBI Banking & Financial Services Direct Growth ?
    The return given by SBI Banking & Financial Services Direct Growth in 1 month is -2.67%, 3 months is 4.64%, 6 months is 15.16%, and 1 year is 13.88%
    What are the long term returns given by SBI Banking & Financial Services Direct Growth ?
    The return given by SBI Banking & Financial Services Direct Growth in 3 years is 21.12% and 5 years is 23.41%.
    What is the expense ratio of SBI Banking & Financial Services Direct Growth ?
    The expense ratio of SBI Banking & Financial Services Direct Growth is 0.78%
    What is the AUM of SBI Banking & Financial Services Direct Growth ?
    The assets under Management (AUM) of SBI Banking & Financial Services Direct Growth is Rs 8,537.50 crores.
    What is the minimum investment in SBI Banking & Financial Services Direct Growth ?
    The minimum Lumpsum investment in SBI Banking & Financial Services Direct Growth is ₹5,000.00 and the minimum SIP investment in SBI Banking & Financial Services Direct Growth is ₹1,000.00
    What is the asset allocation of SBI Banking & Financial Services Direct Growth?
    SBI Banking & Financial Services Direct Growth has an exposure of 93.64% in Equity, 0.06% in Debt and 6.30% in Cash & Money Market Securities

    bt_logoCALCULATORS

    calculatorIncome Tax Calculatorsip calculatorSIP Calculatorfd calculatorFD Calculatordividend yield calculatorDividend Yield Calculatorlump sum calculatorLump-Sum Calculatorcagr calculator CAGR Calculatortop up sip calculatorTop-Up Calculatorlatter factor calculatorLatte Factor Calculator

    bt_logoTop Stories