SBI BANKING & FINANCIAL SERVICES FUND
NAV
₹49.57
as of 21 Aug 2026
SBI BANKING & FINANCIAL SERVICES FUND is an open-ended Sectoral/ Thematic scheme from SBI Mutual Fund managing ₹10,872 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹49.57 as of 21 Aug 2026. The expense ratio is 1.07% a year. Managed by Milind Agrawal. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.07% / yr
- as of 30 Jun 2026
- Fund size
- ₹10,872 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 26 Feb 2015
- ISIN
- INF200KA1507
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Financial Services Index (TRI)
SBI BANKING & FINANCIAL SERVICES FUND
₹194
+94% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹187
+87% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.06% | 6.78% | -5.72 |
| 6 months | -6.56% | 3.68% | -10.24 |
| 1 year | 3.17% | 6.07% | -2.90 |
| 3 years (CAGR) | 17.40% | 16.01% | +1.39 |
| 5 years (CAGR) | 14.20% | 15.20% | -1.00 |
Category average across 119 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -0.9%
- Median
- 15.6%
- Best
- 38.4%
49 windows over the last 60 months, stepped monthly; 98% ended positive. Worst window began 1 Oct 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 14.4%
- Median
- 18.6%
- Best
- 26.6%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Nov 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.68
- Sharpe ratio (5Y)
- 0.58
- Sortino ratio (3Y)
- 1.00 vs category 0.54
- Standard deviation (3Y)
- 14.60%
- Beta (3Y)
- 0.87
- Alpha (3Y)
- 5.60%
- Deepest fall (5Y)
- -15.40%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-14.4%
Right now
-6.7% below peak
Ahead of its benchmark in 61% of months (window: 3y, monthly) — benchmark: Nifty Financial Services Index (TRI), name shown only.
Where the money actually is
Equity
95.9%
Bonds
0.1%
Cash
4.1%
Whole-portfolio split, as of 31 Jul 2026. Equity here is the NET position: this fund holds shares and sells futures against them, so the two largely cancel. The holdings below are gross, before that offset.
What it owns
40 positions · top 10 = 67.8%
Market-cap mix
Large 66.9%Mid 7.6%Small 21.3%Other 4.1%
as of 31 Jul 2026
Holdings by sector
Financial Services(8 in top 10)87.3%
- HDFC Bank Ltd16.97%
- ICICI Bank Ltd10.65%
- Kotak Mahindra Bank Ltd9.68%
- Bajaj Finance Ltd8.12%
- State Bank of India6.93%
- HDFC Life Insurance Co Ltd4.21%
- Muthoot Finance Ltd3.34%
- Bank of Baroda2.99%
- Technology3.5%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 133.5% vs category 37.3% a year.
Other top holdings
- Treps7.79%
- Future on Manappuram Finance Ltdderivativematures 25 Aug 20262.58%
Rows marked derivative are futures positions held against the shares listed beside them. A stock and its future largely cancel, so do not add the two together. Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 17.0 vs category 25.8
- P/B
- 2.0 vs category 3.8
- Dividend yield
- 1.1% vs category 1.1%
- Net margin
- 27.8% vs category 15.4%
- Earnings growth
- 12.2%
- Avg market cap
- ₹2.34 lakh crore
Money in, money out
- Net flow, 12 months
- +₹2,059 cr
- Net flow, 3 months
- +₹195 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of SBI BANKING & FINANCIAL SERVICES FUND?
- ₹49.57 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of SBI BANKING & FINANCIAL SERVICES FUND?
- 1.07% a year for the Direct plan, as of 30 Jun 2026.
- How large is SBI BANKING & FINANCIAL SERVICES FUND?
- ₹10,872 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is SBI BANKING & FINANCIAL SERVICES FUND?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of SBI BANKING & FINANCIAL SERVICES FUND?
- 14.20% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 15.20%. Past returns do not predict future returns.
- What is the worst 3-year return of SBI BANKING & FINANCIAL SERVICES FUND?
- 14.4% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Nov 2021. The median was 18.6% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages SBI BANKING & FINANCIAL SERVICES FUND?
- Milind Agrawal, managing this fund for 7 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- ICICI Prudential Technology Fund₹13,540 crore
- ICICI Prudential Banking & Financial Services Fund₹11,229 crore
- HDFC Defence Fund₹10,709 crore
- HDFC Manufacturing Fund₹10,590 crore
- SBI Energy Opportunities Fund₹8,647 crore
- SBI PSU FUND₹6,678 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services Index (TRI)) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.