SBI Banking & Financial Services Fund-Reg(IDCW)

How to use scorecard? Learn more

IDCWRegular

EquitySectoral Fund - Banks & Financial Services

Large-size FundAssets Under Mgmt: ₹ 6,621 Cr

Very High RiskPrinciple investment will be at very high risk

32.780.36% (-0.12)

How to use scorecard? Learn more

EquitySectoral Fund - Banks & Financial Services

Large-size FundAssets Under Mgmt: ₹ 6,621 Cr

Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense Ratio	No LabelNo Label	No LabelNo Label
1.81	21.54	0.75

No LabelNo Label	No LabelNo Label	No LabelNo Label
1.51	24.62	0.40

Scheme Info

PlanPlan	Lock inLock in	Exit LoadExit Load
IDCW	0 yrs	0.50% 0.50% on or before 30D Nil after 30D

SIP Inv.SIP Inv.	Min. LumpsumMin. Lumpsum
Allowed	₹ 5,000 Initial: ₹ 5,000 Incremental: ₹ 1,000

BenchmarkBenchmark
Nifty Financial Services - TRI

About Sectoral Fund - Banks & Financial Services

Sectoral Funds - Banks & Financial Services are equity schemes that majorly invest in financial sector companies. It will give exposure to entire financial sector which comprised a wide range of bank and financial services.

AMC Profile

With 30 years of rich experience in fund management, SBI Funds Management Ltd. (SBIFML) bring forward their expertise by consistently delivering value to their investors. They have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. They are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies., SBI currently holds 63% stake in SBIFMPL. They have been actively managing their investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.

No.of Schemes
108
Total AUM
₹ 7,66,490.26 Cr.

Fund Manager Profile

Milind Agrawal

AUM: ₹6,621.57 Cr.

Exp: 8yrs

Qualification

B.Tech, PGDM, CFA

Past Experience

Milind Joined SBI Fund Management Private Limited in May 2018 as an Equity Reserach Analyst. He has an experience of over 8 yeras in the Financial Service Industry. Before Joining SBIFMPL, he had worked with Goldman Sachs Services Pct. Ltd. as an Equity Research Analysts for 6 years. Prior to that, he was a Foreign Exchange Reserach Analyst at Vadilal Enterprises Ltd.

Tax Implications

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)

This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

You make

SBI Banking & Financial Services Fund-Reg(IDCW)