SBI Banking & Financial Services Fund - Regular Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Scheme Details

Fund manager(s) – Millind Agarwal , Pradeep Kesavan
Launch date – 26-Feb-2015
Expense ratio – 1.78% as declared on 30-Sep-2025 (category average is 2.1%)
Benchmark - Nifty Financial Services TRI

Min SIP amount - ₹500
Min investment amount (one time- first time) - ₹5000
Min investment amount (addtional purchase) - ₹1000
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

SBI Banking & Financial Services Fund - Regular Plan - Growth charges 0.5% of sell value; if fund sold before 30 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

8693.07

0.00

0.00%

Sep - 2025	8693.07	0.00%
Aug - 2025	8370.76	0.00%
Jul - 2025	8450.07	0.00%
Jun - 2025	8537.50	0.00%
May - 2025	7998.78	0.00%
Apr - 2025	7649.78	0.00%
Mar - 2025	7111.34	0.00%
Feb - 2025	6474.88	0.00%
Jan - 2025	6556.02	0.00%

2024

6621.57

0.00

0.00%

Dec - 2024	6621.57	0.00	0.00%
Nov - 2024	6548.41	0.00	0.00%
Oct - 2024	6456.95	0.00	0.00%
Sep - 2024	6407.35	0.00	0.00%
Aug - 2024	6120.42	0.00	0.00%
Jul - 2024	5979.63	0.00	0.00%
Jun - 2024	5861.16	0.00	0.00%
May - 2024	5387.33	332799.42	1.62%
Apr - 2024	5326.55	310216.11	1.72%
Mar - 2024	5056.05	294067.45	1.72%
Feb - 2024	4971.87	284307.77	1.75%
Jan - 2024	4994.12	267953.19	1.86%

2023

4827.61

255901.49

1.89%

Dec - 2023	4827.61	255901.49	1.89%
Nov - 2023	4465.36	234412.57	1.90%
Oct - 2023	4244.70	216198.17	1.96%
Sep - 2023	4298.11	217772.16	1.97%
Aug - 2023	4203.60	209306.98	2.01%
Jul - 2023	4363.71	204388.31	2.14%
Jun - 2023	4234.48	193871.64	2.18%
May - 2023	4128.97	185597.81	2.22%
Apr - 2023	4018.17	178010.71	2.26%
Mar - 2023	3766.94	171836.03	2.19%
Feb - 2023	3747.61	167436.63	2.24%
Jan - 2023	3807.48	166554.89	2.29%

2022

3990.54

167608.09

2.38%

Dec - 2022	3990.54	167608.09	2.38%
Nov - 2022	3983.92	172528.96	2.31%
Oct - 2022	3866.57	166705.18	2.32%
Sep - 2022	3665.61	157738.78	2.32%
Aug - 2022	3720.65	156463.28	2.38%
Jul - 2022	3553.37	152963.27	2.32%
Jun - 2022	3129.18	140454.87	2.23%
May - 2022	3236.69	145456.40	2.23%
Apr - 2022	3239.51	148233.23	2.19%
Mar - 2022	3176.84	147952.10	2.15%
Feb - 2022	3031.09	141958.74	2.14%
Jan - 2022	3165.87	144634.29	2.19%

2021

2976.46

145331.60

2.05%

Dec - 2021	2976.46	145331.60	2.05%
Nov - 2021	2879.28	138109.60	2.08%
Oct - 2021	3105.59	138049.48	2.25%
Sep - 2021	2948.45	135487.80	2.18%
Aug - 2021	2888.88	130063.32	2.22%
Jul - 2021	2772.69	122998.72	2.25%
Jun - 2021	2703.63	113966.58	2.37%
May - 2021	2647.45	108995.82	2.43%
Apr - 2021	2401.05	101180.94	2.37%
Mar - 2021	2370.67	97890.77	2.42%
Feb - 2021	2371.49	95056.43	2.49%
Jan - 2021	2039.59	88774.68	2.30%

2020

2095.25

87074.79

2.41%

Dec - 2020	2095.25	87074.79	2.41%
Nov - 2020	1997.28	78410.56	2.55%
Oct - 2020	1665.06	71179.12	2.34%
Sep - 2020	1495.19	68093.54	2.20%
Aug - 2020	1524.54	68601.85	2.22%
Jul - 2020	1402.61	65177.73	2.15%
Jun - 2020	1349.93	62364.34	2.16%
May - 2020	1212.67	58108.50	2.09%
Apr - 2020	1266.90	58981.31	2.15%
Mar - 2020	1087.77	51838.98	2.10%
Feb - 2020	1532.13	66675.46	2.30%
Jan - 2020	1490.09	68411.85	2.18%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details

SBI Funds Management Limited

9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Tel no.: 022 - 61793000
Fax no.: 022 – 67425687
Website.: https://www.sbimf.com

Forum

NITINPIMPALE
MF Investment Help
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10 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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22 days ago

View more

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The Fixed Income
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2 days ago

Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Invest in Stability with Long-Term Growth! 9.41% INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 2037 ✔️ Coupon: 9.41% ✔️ Rating: CARE AAA Stable ✔️ Tenor: 11y 9m (Maturity: 27/Jul/2037) Secured Bond | PSU Bond | High Return Bond | Listed Enjoy a secure, government-backed investment with steady returns over the long term. ???? Explore on The Fixed Income :https://www.thefixedincome.com/product/dUJHdFp3PT0=/941-india-infrastructure-finance-company-limited-2037?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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72 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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85 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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123 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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