Suitability:
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.61 | -0.50 | -1.22 | -2.88 | -1.06 | 8.68 | 14.78 | 14.66 | -- | -- | -- |
| S&P BSE Bankex TRI | -3.96 | -0.39 | -0.89 | -2.26 | 0.22 | 10.45 | 17.79 | 15.04 | -- | -- | -- |
| Equity: Sectoral-Banking | -4.17 | -0.80 | -1.70 | -3.50 | -0.89 | 7.97 | 15.72 | 9.93 | -- | -- | -- |
| Rank within category | 14 | 10 | 11 | 10 | 13 | 14 | 12 | 8 | -- | -- | -- |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 20 | 18 | 17 | 12 | 10 | 8 |
As on 17-Feb-2020
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 12.12 (19-Sep-2019 - 26-Sep-2019) | -10.67 (17-Aug-2015 - 24-Aug-2015) |
| Month | 15.67 (29-Feb-2016 - 30-Mar-2016) | -16.42 (07-Aug-2015 - 07-Sep-2015) |
| Quarter | 27.99 (25-Feb-2016 - 26-May-2016) | -20.63 (27-Nov-2015 - 26-Feb-2016) |
| Year | 52.42 (24-Feb-2016 - 23-Feb-2017) | -16.80 (09-Apr-2015 - 08-Apr-2016) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 17.16 | 17.55 | 0.65 | 0.99 | 0.97 | 0.11 |
| S&P BSE Bankex TRI | 17.41 | 18.00 | 0.65 | 0.92 | -- | -- |
| Equity: Sectoral-Banking | 13.32 | 19.46 | 0.48 | 0.66 | 0.98 | -3.85 |
| Rank within category | 7 | 8 | 7 | 7 | 13 | 7 |
| Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2020
Please wait...
| Number of Stocks | 12 |
| Top 10 Stocks (%) | 98.69 |
| Top 5 Stocks (%) | 87.08 |
| Top 3 Sectors (%) | 99.99 |
| Portfolio P/B Ratio | 2.47 |
| Portfolio P/E Ratio | 29.21 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 2,90,635 | 2,10,056 |
| Giant (%) | 87.09 | 74.03 |
| Large (%) | 8.38 | 10.72 |
| Mid (%) | 4.53 | 12.56 |
| Small (%) | -- | 4.61 |
| Tiny (%) | -- | -- |
Please wait...
| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 25.30 | 37.03 | 28.66 | 29.22 |
|
|
ICICI Bank | Financial | 36.93 | 20.30 | 14.76 | 20.30 |
|
|
Kotak Mahindra Bank | Financial | 37.06 | 14.93 | 10.97 | 13.51 |
|
|
Axis Bank | Financial | 43.22 | 14.48 | 7.32 | 13.05 |
|
|
State Bank of India | Financial | 24.13 | 11.08 | 7.92 | 11.00 |
|
|
Indusind Bank | Financial | 17.62 | 8.38 | 5.69 | 6.83 |
|
|
Federal Bank | Financial | 9.75 | 2.14 | 1.21 | 1.64 |
|
|
RBL Bank | Financial | 25.05 | 2.19 | 0.00 | 1.36 |
|
|
Bank of Baroda | Financial | -- | 1.85 | 0.77 | 1.00 |
|
|
Yes Bank | Financial | -- | 6.21 | 0.77 | 0.78 |
|
|
IDFC First Bank | Financial | -- | 0.91 | 0.00 | 0.75 |
|
|
Punjab National Bank | Financial | -- | 1.57 | 0.49 | 0.55 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2020
— Raviprakash Sharma since 02-Mar-2015
Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | -- |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | -- |
| Exit Load | 0 |
| Fund House: | SBI Mutual Fund |
| Launch Date: | 16-Mar-2015 |
| Return Since Launch: | 11.68% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | High |
| Type: | Open-ended |
| Assets: | ₹ 4,326 Cr (As on 31-Jan-2020) |
| Expense: | 0.20% (As on 30-Sep-2019) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
| Plan | Record Date | Dividend (₹ / Unit) | |
|---|---|---|---|
| Dividend | 03-Nov-2017 | 0.1913 |
Fund News - 04-Mar-2015
AMC: SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051
Phone: 022-61793000 / 1800-425-5425
Fax: 022-22189663
Email: [email protected]
Website: www.sbimf.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Friday, 28-Feb-2020
12:30 PM - 01:00 PM