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SBI Banking & Financial Services Fund
Sectoral-Banking & Financial ServicesRank #66
4/5
NAV (2026-09-07)
₹43.26
AUM
₹10,872.14 Cr
Exp. Ratio: 2.15%
RISK LEVEL
Very High
Returns & Performance
1 Year3.63%6.29% vs cat avgRank #61
3 Year14.83%2.49% vs cat avgRank #9
5 Year11.59%0.90% vs cat avgRank #6
Since Launch13.54%5.23% vs cat avg
Fund vs Category Average
1Y
3.63%-6.29%
3Y
14.83%+2.49%
5Y
11.59%-0.90%
Pros & Cons
Pros
✔Strong 3Y track record vs category
✔No lock-in period
Cons
✖1Y returns trail category average
✖5Y returns below category average
✖Higher expense ratio (2.15%)
✖1Y category rank outside top 15 (#61)
✖Overall rank #66 in category
✖Returns since launch below category avg
ISININF200KA1473
NAV₹43.26
NAV Date2026-09-07
AUM₹10,872.14 Cr
Expense Ratio2.15%
RiskVery High
Rating4 / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1987-06-29
INVESTMENT OBJECTIVE
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.
Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Pradeep Kesavan
Mr. Kesavan has done B.Com, MBA (Finance) and CFA
Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of SBI Banking & Financial Services Fund is ₹43.26 as of 2026-09-07.
SBI Banking & Financial Services Fund is classified as a Sectoral-Banking & Financial Services fund.
The Assets Under Management (AUM) of SBI Banking & Financial Services Fund is ₹10,872.14 Cr.
The expense ratio of SBI Banking & Financial Services Fund is 2.15%.
SBI Banking & Financial Services Fund is managed by Pradeep Kesavan.
The minimum SIP investment for SBI Banking & Financial Services Fund is ₹500.
The exit load for SBI Banking & Financial Services Fund is 0.5%.
As per the SEBI Riskometer, SBI Banking & Financial Services Fund carries a Very High risk level.
SBI Banking & Financial Services Fund has delivered 3.63% (1Y), 14.83% (3Y) and 11.59% (5Y) annualised returns as of 2026-09-07.
SBI Banking & Financial Services Fund was launched on 1987-06-29.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
