SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 99% of 3-year investment horizons.
- Strong capital defense: downside capture of 77% limits losses during market corrections.
- Generated +4.4% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 2.16% is lower than category median (2.52%).
- Experienced a maximum drawdown of -43.9% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +8.89% | +6.32% | +2.57% |
| 3 Months | +4.24% | -0.20% | +4.44% |
| 6 Months | +5.98% | +5.98% | 0.00% |
| 1 Year | +2.54% | +3.90% | -1.36% |
| 3 Years CAGR | +16.68% | +13.23% | +3.45% |
| 5 Years CAGR | +11.86% | +10.72% | +1.14% |
| 7 Years CAGR | +13.00% | +15.35% | -2.35% |
| 10 Years CAGR | +14.66% | +14.26% | +0.40% |
| Since Inception | +13.65% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in SBI BANKING & FINANCIAL SERVICES FUND compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.36% | +4.03% | -4.39% |
| 2025 | +20.42% | +1.43% | +18.99% |
| 2024 | +19.57% | +20.41% | -0.84% |
| 2023 | +18.60% | +30.70% | -12.10% |
| 2022 | +13.52% | +1.66% | +11.86% |
| 2021 | +12.08% | +30.31% | -18.23% |
| 2020 | +4.84% | +13.54% | -8.70% |
| 2019 | +20.73% | +7.11% | +13.62% |
| 2018 | +9.54% | -5.94% | +15.48% |
| 2017 | +40.69% | +39.22% | +1.47% |
| 2016 | +17.02% | +4.10% | +12.92% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -35.48% | +17.09% | +16.35% | +95.90% | 85.6% | 49.7% |
| 3-Year Rolling | -2.95% | +15.63% | +15.75% | +29.68% | 99.2% | 48.6% |
| 5-Year Rolling | +3.81% | +14.59% | +13.73% | +27.10% | 100.0% | 65.2% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-20 | 2020-03-23 | -43.9% | 1 months | 9 months |
| 2015-03-05 | 2016-02-25 | -23.1% | 12 months | 3 months |
| 2021-10-26 | 2022-03-07 | -22.0% | 4 months | 9 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related securities of companies engaged in banking & financial services | 80% - 100% |
| Other equities and equity related instruments | 0% - 20% |
| Units issued by InVIT | 0% - 10% |
| Money Market and other Liquid Instruments including units of domestic mutual funds | 0% - 20% |
| Gold and Silver Instruments | 0% - 20% |
Investment Objective & Strategy
"The investment objective of the scheme isto generate long-term capital appreciationto unit holders from a portfolio that isinvested predominantly in equity and equityrelated securities of companies engaged inbanking and financial services. However,there can be no assurance that theinvestment objective of the Scheme will berealized."
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 11,653 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as strained relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Union Innovation & Opportunities Fund | 6.6 | +18.29% | 2.31% | 92.7% | Rs 1,380 cr | Compare → |
| SBI PSU Fund | 6.7 | +19.75% | 1.95% | 112.7% | Rs 6,737 cr | Compare → |
| quant BFSI Fund | 5.7 | +19.45% | 3.35% | 101.2% | Rs 916 cr | Compare → |
| CANARA ROBECO INFRASTRUCTURE FUND | 5.3 | +17.04% | 2.41% | 112.1% | Rs 932 cr | Compare → |
| BANDHAN TRANSPORTATION AND LOGISTICS FUND | 6.4 | +17.96% | - | 103.8% | Rs 762 cr | Compare → |
Frequently Asked Questions about SBI BANKING & FINANCIAL SERVICES FUND
What is the expense ratio of SBI BANKING & FINANCIAL SERVICES FUND?
SBI BANKING & FINANCIAL SERVICES FUND has a total expense ratio (TER) of 2.16% with a base expense ratio of 1.48%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages SBI BANKING & FINANCIAL SERVICES FUND?
SBI BANKING & FINANCIAL SERVICES FUND is managed by Milind Agrawal (tenure: 7.3 years since 2019-08-01).
What are the historical returns of SBI BANKING & FINANCIAL SERVICES FUND?
SBI BANKING & FINANCIAL SERVICES FUND delivered a 3-year CAGR of 16.68% and a 5-year CAGR of 11.86%. Its 1-year return stands at +2.54%.
How large is SBI BANKING & FINANCIAL SERVICES FUND?
SBI BANKING & FINANCIAL SERVICES FUND manages assets of Rs 11,653 cr, placing it in the 'strained' size band relative to Sectoral / Thematic peers.
How is SBI BANKING & FINANCIAL SERVICES FUND scored on MFIQ?
SBI BANKING & FINANCIAL SERVICES FUND holds an MFIQ Score of 6.1/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is SBI BANKING & FINANCIAL SERVICES FUND?
SBI BANKING & FINANCIAL SERVICES FUND has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.88% with a maximum historical drawdown of -43.85%.