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SBI Banking & Financial Services Fund-Direct(IDCW)

Sectoral / Thematic • OPEN
NAV as of May 21, 2026
₹47.62
1 day change
Returns since inception
14.90%
CAGR
AUM (Fund size)
₹10,375 Cr
NAV: ₹ 47.62
as on May 21, 2026
SBI Banking & Financial Services Fund-Direct(IDCW)

SBI Banking & Financial Services Fund-Direct(IDCW) Overview

AUM (Fund size) ₹ 10,375 Cr
Expense ratio 1.05 %
Exit load For exit within 30 Days from the date of allotment 0.50%. For exit after 30 Days from the date of allotment - NIL.
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Financial Services TRI
Min. investment SIP: ₹500    Lumpsum: ₹5,000
Age 11 yrs 3 m since Feb 11, 2015
Tax implication STCG Tax: 15% if redeemed before 1 Year, LTCG Tax: 10% without indexation benefit exceeding Rs. 1 lakh post 1 Year

Holdings Distribution

Banks
50.81%
Finance
21.82%
Insurance
11.95%
Debt
7.27%
Capital Markets
5.37%

Top Holdings

ICICI Bank 14.23%
Kotak Mah. Bank 9.03%
SBI 7.65%
Axis Bank 7.44%
TREPS 7.22%
HDFC Bank 6.41%
Bajaj Finserv 5.94%
Muthoot Finance 4.63%
HDFC Life Insur. 3.91%
SBI Life Insuran 3.28%

Scheme Information

SBI Banking & Financial Services Fund-Direct(IDCW) was launched on 11/02/2015. The fund manages ₹10,375 Cr in assets. Its current expense ratio is 1.05%.

Fund Manager: Milind Agrawal

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FAQs on SBI Banking & Financial Services Fund-Direct(IDCW)

The current expense ratio of SBI Banking & Financial Services Fund-Direct(IDCW) is 1.05%.

The AUM of SBI Banking & Financial Services Fund-Direct(IDCW) is ₹10,375 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, SBI Banking & Financial Services Fund-Direct(IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹47.62.

Minimum SIP starts from ₹500.

Redemption can be done via AMC website or your investment platform.

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