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 #16 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹43.91 (as of 2026-08-21) |
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| AUM | ₹10,845 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 | 13.16% |
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| Sharpe ratio | 0.64 |
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| Standard deviation | 14.59% |
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| Max drawdown | -43.85% |
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| Alpha | 4.71 |
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| Beta | 0.89 |
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Over 5 years, captured 101.0% of NIFTY Financial Services's upside and 85.7% of its downside.
Market cap allocation
| Large cap | 71.9% |
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| Mid cap | 8.4% |
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| Small cap | 19.7% |
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Concentration
| Top 5 holdings | 52.3% |
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| Top 10 holdings | 67.4% |
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| Total holdings | 32 |
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Top holdings
- HDFC Bank Ltd. — 17.0%
- ICICI Bank Ltd. — 10.6%
- Kotak Mahindra Bank Ltd. — 9.7%
- Bajaj Finance Limited — 8.1%
- TREPS — 7.8%
- State Bank Of India — 6.9%
- HDFC LIFE INSURANCE COMPANY LIMITED — 4.2%
- MUTHOOT FINANCE LIMITED — 3.3%
- Bank Of Baroda — 3.0%
- Cholamandalam Investment and Finance Company Ltd — 2.4%
Top sectors
- Banking & Financial — 63.9%
- Finance & Investments — 20.4%
- Miscellaneous — 4.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -4.2% | Q4 (Bottom) | #66 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 |