SBI Banking & Financial Services Fund
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.
Growthvine rating: 4/5 — ranked #19 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹41.27 (as of 2026-10-01) |
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| AUM | ₹10,873 Cr |
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| Expense ratio | 1.49% |
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| Riskometer | Very High |
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| Fund manager | Milind Agrawal |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 10.37% |
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| Sharpe ratio | 0.73 |
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| Standard deviation | 14.34% |
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| Max drawdown | −43.85% |
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| Alpha | 4.97 |
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| Beta | 0.88 |
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Over 5 years, captured 100.1% of NIFTY Financial Services's upside and 85.4% of its downside.
Market cap allocation
| Large cap | 69.5% |
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| Mid cap | 13.0% |
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| Small cap | 17.6% |
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Concentration
| Top 5 holdings | 46.5% |
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| Top 10 holdings | 63.4% |
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| Total holdings | 35 |
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Top holdings
- HDFC Bank Ltd. — 13.5%
- ICICI Bank Ltd. — 10.8%
- Kotak Mahindra Bank Ltd. — 9.8%
- Bajaj Finance Limited — 7.5%
- TREPS — 6.5%
- State Bank Of India — 4.9%
- HDFC LIFE INSURANCE COMPANY LIMITED — 4.1%
- MUTHOOT FINANCE LIMITED — 4.1%
- One 97 Communications Limited — 3.4%
- Bank Of Baroda — 2.9%
Top sectors
- Banking & Financial — 51.5%
- Finance & Investments — 24.0%
- Miscellaneous — 10.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −9.9% | Q4 (Bottom) | #65 of 76 |
| 2025 | 20.4% | Q1 (Top) | #4 of 69 |
| 2024 | 19.6% | Q3 | #38 of 58 |
| 2023 | 18.6% | Q4 (Bottom) | #45 of 48 |
| 2022 | 13.5% | Q2 | #13 of 46 |