Our Opinion
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Clear AllValue Research Rating
Our Opinion
Riskometer
Very High
₹48.2456 0.49%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
SBI Banking & Financial Services Fund - Direct Plan
|
|
|
Very High
|
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0.72 |
|
 |
|
Very High
|
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0.95 |
||
|
|
Very High
|
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0.57 |
||
|
|
Very High
|
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0.76 |
||
|
|
Very High
|
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0.79 |
₹10,725 Cr
0.50 (30)
5,000
500
500
12
About SBI Banking & Financial Services Fund - Direct Plan
SBI Banking & Financial Services Fund - Direct Plan is a equity mutual fund scheme of SBI Mutual Fund. Launched on February 26, 2015, it is currently managed by Milind Agrawal. The fund has an expense ratio of 0.72% with an overall AUM (Assets Under Management) of ₹10,725 Cr.
SBI Banking & Financial Services Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
Investment Strategy
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.
Suitability
Nobody should invest in Banking funds in our opinion, because:
If you still choose to invest:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By Value Research
1 min read•By News Desk
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of SBI Banking & Financial Services Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, SBI Banking & Financial Services Fund - Direct Plan can be bought from the SBI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of SBI Banking & Financial Services Fund - Direct Plan, is ₹48.2456 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
13.46
|
|
|
10.45
|
|
|
9.37
|
|
|
8.50
|
|
|
6.80
|
Over the past five years, SBI Banking & Financial Services Fund - Direct Plan has delivered an annualised return of 15.00% as of 19-Mar-2026.
The minimum investment required to start investing in SBI Banking & Financial Services Fund - Direct Plan is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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