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  • SBI Mutual Fund
  • SBI Banking & Financial Services fund (RIDCW-A)

Formerly SBI Banking & Financial Services Reg DR

SBI Mutual Fund

SBI Banking & Financial Services fund (RIDCW-A)

EquitySectoral / Thematic - Bfsi

32.7373

NAV (Jun 21)

14.3%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in sectoral / thematic - bfsi mutual funds.

Sectoral / thematic - bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

32.7373

NAV (Jun 21)

Fund Returns

Last 1Y
32.2%
Last 3Y
15.6%
Last 5Y
14.2%
Last 10Y
NA
Since Inception
14.9%
6 Month CAGR
14.9%

Scheme Information

Investment 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.

Expense Ratio
1.85
Launched (9y ago)
Feb 26, 2015
AUM in Crores
5387.335
ISIN
INF200KA1499
Lock-in
No Lock-in
Benchmark
Nifty Financial Services TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
14.4
Standard Deviation (5yr)
24.5
Beta (3yr)
0.84
Beta (5yr)
0.95
Sharpe Ratio (3yr)
0.567
Sharpe Ratio (5yr)
0.415
YTM
0
Fund Managers

Mohit Jain

Fund Manager

Milind Agrawal

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Banking & Financial Services fund (RIDCW-A)70%10,45,123 3,12,51114.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-21

Top Stock Holdings

icici bank ltd

19%
19%

hdfc bank ltd

16.7%
16.7%

kotak mahindra bank ltd

9.7%
9.7%

state bank of india

9%
9%

treps

4.8%
4.8%
See all holdings

Allocation by Sector

financial services

93.1%
93.1%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,620 cr

₹ 19,454 cr

₹ 15,161 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 691,539 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

21.1%

18.2%

25.8%

17%

16.5%

12.5%

27.9%

13.9%

SBI Banking & Financial Services fund (RIDCW-A) Review

SBI Banking & Financial Services fund (RIDCW-A) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 14.9% over a period of 9 years. The fund was previously known as SBI Banking & Financial Services Reg DR. The fund is managed by SBI Funds Management Ltd. The fund managers are Milind Agrawal, Mohit Jain.

Nav of SBI Banking & Financial Services fund (RIDCW-A) as of 6/21/2024 is ₹32.74 with the total AUM as of 6/23/2024 is ₹5387.335. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Banking & Financial Services fund (RIDCW-A) was launched on Feb 26, 2015. The category risk of the fund is Very High Risk.

The minimum SIP amount for SBI Banking & Financial Services fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

SBI Banking & Financial Services fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Financial Services TR INR.

SBI Banking & Financial Services fund (RIDCW-A) is rated as a 3 fund in Equity and delivered 32.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Banking & Financial Services fund (RIDCW-A).

Frequently Asked Questions

What is SBI Banking & Financial Services fund (RIDCW-A)?

SBI Banking & Financial Services fund (RIDCW-A) is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in SBI Banking & Financial Services fund (RIDCW-A)?

You can invest in SBI Banking & Financial Services fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of SBI Banking & Financial Services fund (RIDCW-A)?

The minimum sip amount for SBI Banking & Financial Services fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Banking & Financial Services fund (RIDCW-A) good to invest in?

As per Scripbox experts, SBI Banking & Financial Services fund (RIDCW-A) is a Neutral fund. You can investSBI Banking & Financial Services fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the SBI Banking & Financial Services fund (RIDCW-A)?

The expense ratio of the SBI Banking & Financial Services fund (RIDCW-A) is 1.85% for regular plan.