SBI Banking & Financial Services Direct Growth

Very High Risk
Equity
Sector - Financial Services

NAV as on Mar 27, 2026

Price per unit of the scheme.

₹ 45.7624-2.16%1 Day Change

-11.61%

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.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

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

FUND 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.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

SBI Banking & Financial Services Direct Growth

Equity: Sector - Financial Services Average NAV

Topper in Equity: Sector - Financial Services

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN 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

FUND 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

₹ 10,414.75 Cr(As on Jan, 2026)

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.

ABOUT 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 onMar 27, 2026 is ₹45.76. Its expense ratio is 0.78 %. The fund has an AUM of ₹10,414.75 Cr.The fund is managed byMohit Jain,Milind Agrawal,Pradeep Kesavan.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Milind Agrawal

Lead Fund Manager.

Aug 1, 2019 - Present

Fund Manager Rank1Out of 15
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 managed3
Total AUM₹ 52,037.18 Cr
Highest Return In 1 Yr6.75 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Banking & Financial Services Direct Growth

₹ 45.76

-11.61%

-12.48%

Very High Risk

₹10,414.75Cr

SBI Conservative Hybrid Fund Direct Plan Growth

₹ 79.90

-2.38%

-2.84%

Moderately High risk

₹9,760.91Cr

SBI Long Term Equity Fund Direct Growth

₹ 434.38

-9.99%

-8.78%

Very High Risk

₹31,861.52Cr

SBI Banking & Financial Services Direct Growth

Very High Risk

NAV₹ 45.76
Fund Size₹10,414.75Cr

Fund Return-11.61%

Category Return-12.48%

SBI Conservative Hybrid Fund Direct Plan Growth

Moderately High risk

NAV₹ 79.90
Fund Size₹9,760.91Cr

Fund Return-2.38%

Category Return-2.84%

SBI Long Term Equity Fund Direct Growth

Very High Risk

NAV₹ 434.38
Fund Size₹31,861.52Cr

Fund Return-9.99%

Category Return-8.78%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Mohit Jain

Lead Fund Manager.

Nov 30, 2017 - Present

Schemes managed43
Total AUM₹ 6,40,426.42 Cr
Highest Return In 1 Yr35.51 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth

₹ 43.84

-5.42%

Very High Risk

₹5,175.56Cr

SBI Multicap Fund Direct Growth

₹ 15.80

-7.29%

-8.73%

Very High Risk

₹22,975.18Cr

SBI Balanced Advantage Fund Direct Growth

₹ 15.86

-5.45%

-5.62%

Very High Risk

₹40,202.72Cr

SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth

Very High Risk--

NAV₹ 43.84
Fund Size₹5,175.56Cr

Fund Return-5.42%

Category Return--

SBI Multicap Fund Direct Growth

Very High Risk--

NAV₹ 15.80
Fund Size₹22,975.18Cr

Fund Return-7.29%

Category Return-8.73%

SBI Balanced Advantage Fund Direct Growth

Very High Risk--

NAV₹ 15.86
Fund Size₹40,202.72Cr

Fund Return-5.45%

Category Return-5.62%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Pradeep Kesavan

Lead Fund Manager.

Dec 1, 2023 - Present

Schemes managed46
Total AUM₹ 6,59,351.66 Cr
Highest Return In 1 Yr35.51 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

SBI Credit Risk Fund Direct Plan Growth

₹ 51.73

0.16%

-0.56%

Moderately High risk

₹2,163.97Cr

SBI Savings Fund Direct Plan Growth

₹ 46.46

0.23%

0.16%

Moderate Risk

₹37,079.14Cr

SBI Short Term Debt Fund Direct Growth

₹ 35.39

-0.39%

-0.67%

Moderate Risk

₹17,219.19Cr

SBI Credit Risk Fund Direct Plan Growth

Moderately High risk

NAV₹ 51.73
Fund Size₹2,163.97Cr

Fund Return0.16%

Category Return-0.56%

SBI Savings Fund Direct Plan Growth

Moderate Risk

NAV₹ 46.46
Fund Size₹37,079.14Cr

Fund Return0.23%

Category Return0.16%

SBI Short Term Debt Fund Direct Growth

Moderate Risk

NAV₹ 35.39
Fund Size₹17,219.19Cr

Fund Return-0.39%

Category Return-0.67%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Feb, 2026

EQUITY (97.72%)

DEBT (0.04%)

CASH (2.24%)

Allocation by Market Cap

Large Cap(72.99%)

Mid Cap(17.44%)

Small Cap(7.29%)

Industry Holdings

Banks Regional55.93%
Insurance Life11.09%
Credit Services10.89%
Financial Exchanges8.14%
Financial Conglomerates7.86%
Specialty Finance1.73%

Stock Holdings

ICICI Bank Ltd13.46%
State Bank of India10.45%
Axis Bank Ltd9.37%
Kotak Mahindra Bank Ltd8.50%
HDFC Bank Ltd6.80%
Bajaj Finserv Ltd6.34%

PERFORMANCE 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.

HISTORICAL 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.
7.88
This Fund
VS
1.94
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.
76.05
This Fund
VS
80.36
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.
0.83
This Fund
VS
0.96
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.
1.49
This Fund
VS
0.88
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.
3.27
This Fund
VS
1.70
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.
10.81
This Fund
VS
12.71
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth ₹ 12,78,541.37 crores. It’s current offering of mutual fund schemes includes 48 equity, 70 debt and 16 hybrid schemes.

Phone

022 - 61793000

partnerforlife@sbimf.com

AUM

₹ 12,78,541.37 Cr (

As on Feb 28, 2026

)

Address

C-38 & 39, G Block, Bandra Kurla Complex, Mumbai,400 051

FAQs

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 Mar 27, 2026 is ₹45.76

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 -11.61%, 3 months is -10.17%, 6 months is -2.97%, and 1 year is 6.75%

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 20.46% and 5 years is 14.00%.

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 10,414.75 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 97.72% in Equity, 0.04% in Debt and 2.24% in Cash & Money Market Securities