SBI BANKING & FINANCIAL SERVICES FUND
NAV
₹47.11
as of 6 Oct 2026
SBI BANKING & FINANCIAL SERVICES FUND is an open-ended Sectoral/ Thematic scheme from SBI Mutual Fund managing ₹10,873 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹47.11 as of 6 Oct 2026. The expense ratio is 1.2% a year. Managed by Milind Agrawal. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.2% / yr
- as of 31 Aug 2026
- Fund size
- ₹10,873 crore
- as of 31 Aug 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 5 Oct 2026Benchmark: Nifty Financial Services Index (TRI)
SBI BANKING & FINANCIAL SERVICES FUND
₹171
+71% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹166
+66% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -7.26% | -4.47% | -2.79 |
| 6 months | -3.47% | 7.56% | -11.03 |
| 1 year | -3.92% | -0.10% | -3.82 |
| 3 years (CAGR) | 14.25% | 12.32% | +1.93 |
| 5 years (CAGR) | 11.34% | 11.84% | -0.50 |
Category average across 119 funds, as of 5 Oct 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
- -2.9%
- Median
- 15.6%
- Best
- 38.4%
49 windows over the last 60 months, stepped monthly; 96% ended positive. Worst window began 1 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 14.2%
- Median
- 18.6%
- Best
- 26.6%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.76
- Sharpe ratio (5Y)
- 0.52
- Sortino ratio (3Y)
- 1.14 vs category 0.66
- Standard deviation (3Y)
- 14.35%
- Beta (3Y)
- 0.86
- Alpha (3Y)
- 5.94%
- 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
-11.5% below peak
Ahead of its benchmark in 64% of months (window: 3y, monthly) – benchmark: Nifty Financial Services Index (TRI), name shown only.
Where the money actually is
Equity
94.6%
Cash
5.4%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
46 positions · top 10 = 63.4%
Market-cap mix
Large 61.2%Mid 12.1%Small 19.8%Other 7.0%
as of 31 Aug 2026
Holdings by sector
Financial Services(8 in top 10)86.4%
- HDFC Bank Ltd13.48%
- ICICI Bank Ltd10.79%
- Kotak Mahindra Bank Ltd9.82%
- Bajaj Finance Ltd7.52%
- State Bank of India4.87%
- HDFC Life Insurance Co Ltd4.12%
- Muthoot Finance Ltd4.09%
- Bank of Baroda2.94%
Technology(1 in top 10)4.0%
- One97 Communications Ltd3.40%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 91.5% vs category 37.4% a year.
Other top holdings
- Treps6.48%
The businesses it owns
- P/E (trailing)
- 16.5 vs category 25.9
- P/B
- 2.0 vs category 3.9
- Dividend yield
- 1.2% vs category 1.1%
- Net margin
- 26.8% vs category 15.4%
- Earnings growth
- 12.0%
- Avg market cap
- ₹2.07 lakh crore
Money in, money out
- Net flow, 12 months
- +₹2,040 cr
- Net flow, 3 months
- +₹182 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of SBI BANKING & FINANCIAL SERVICES FUND?
- ₹47.11 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of SBI BANKING & FINANCIAL SERVICES FUND?
- 1.2% a year for the Direct plan, as of 31 Aug 2026.
- How large is SBI BANKING & FINANCIAL SERVICES FUND?
- ₹10,873 crore under management as of 31 Aug 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?
- 11.34% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 11.84%. Past returns do not predict future returns.
- What is the worst 3-year return of SBI BANKING & FINANCIAL SERVICES FUND?
- 14.2% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. 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 7.1 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₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- HDFC Defence Fund₹11,478 crore
- ICICI Prudential Banking & Financial Services Fund₹11,331 crore
- HDFC Manufacturing Fund₹10,752 crore
- Tata Digital India Fund₹10,322 crore
- SBI Energy Opportunities Fund₹8,326 crore
- SBI MNC FUND₹6,718 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.