Direct Plan · Growth · Sectoral / Thematic · Scheme code 133859
NAV₹47.6982as on 25 Sep 2026
Fund houseSBI Mutual Fund
CategorySectoral / Thematic
Plan & optionDirect · Growth
History11.5 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
-0.48
-2.11
4.33
0.75
14.85
12.27
15.45
14.92
14.44
Nifty 500 benchmark
0.87
4.31
2.15
5.20
12.49
11.41
—
—
15.49
Sectoral / Thematic category median
—
—
—
5.00
14.36
12.50
—
14.88
—
Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
19.4%
0.43
0.60
1.11
-1.31%
-43.8%
81.77
Nifty 500 benchmark
17.2%
0.35
0.47
—
—
-37.3%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
83 months this scheme and its benchmark share.
Growth of ₹100 since launch
Drawdown from peak (%)
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
521
-33.1%
17.9%
98.2%
11%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
How it behaves against its benchmark
Up capture
Down capture
Correlation
Tracking error
Information ratio
Treynor
105%
105%
0.90
9.7%
-0.04
7.32
Up capture is how much of the benchmark's gain this scheme kept in the months the
benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it
on the up side is the combination every fund is trying for and few reach.
Measured over the 83 months this scheme and
Nifty 500 share.
SBI BANKING & FINANCIAL SERVICES FUND
Direct Plan · Growth
Allocation
By asset
Equity
90.41%
Cash & Equivalents
9.54%
Debt
0.05%
By market cap
Concentration
Number of stocks
36
Top 5 stocks
46.48%
Top 10 stocks
63.42%
Top 20 stocks
80.15%
Lines in the filing
39
Largest holding
13.48%
Largest sector
Banks 49.10%
Effective stocks
17.5
Sectors held
6
Cash
9.54%
Effective stocks is what the concentration works out to: a fund holding
36 names but most of its money in a few
behaves like a fund of 18. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
49.10%
Finance
24.00%
Insurance
10.20%
Cash & Equivalents
9.54%
Financial Technology (Fintech)
4.71%
Capital Markets
2.40%
Sovereign
0.05%
SBI BANKING & FINANCIAL SERVICES FUND
Direct Plan · Growth · holdings
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
HDFC Bank Ltd.
Banks
20,666,796
1,465
13.48%
2
ICICI Bank Ltd.
Banks
8,069,214
1,173
10.79%
3
Kotak Mahindra Bank Ltd.
Banks
25,457,770
1,068
9.82%
4
Bajaj Finance Ltd.
Finance
7,737,213
818
7.52%
5
TREPS
Unclassified
—
705
6.48%
6
State Bank of India
Banks
5,000,000
530
4.87%
7
HDFC Life Insurance Company Ltd.
Insurance
8,235,164
447
4.12%
8
Muthoot Finance Ltd.
Finance
1,492,305
444
4.09%
9
One 97 Communications Ltd.
Financial Technology (Fintech)
2,150,020
369
3.40%
10
Bank of Baroda
Banks
13,378,955
319
2.94%
11
Margin amount for Derivative positions
Unclassified
—
306
2.81%
12
Cholamandalam Investment & Finance Co. Ltd.
Finance
1,400,000
260
2.39%
13
ICICI Prudential Life Insurance Company Ltd.
Insurance
4,536,806
235
2.16%
14
Cholamandalam Financial Holdings Ltd.
Finance
1,483,637
220
2.03%
15
The South Indian Bank Ltd.
Banks
48,000,000
219
2.02%
16
Star Health & Allied Insurance Co. Ltd.
Insurance
3,324,592
189
1.74%
17
Aptus Value Housing Finance India Ltd.
Finance
7,435,950
185
1.70%
18
360 ONE WAM Ltd.
Capital Markets
1,400,000
165
1.51%
19
Life Insurance Corporation of India
Insurance
3,900,000
163
1.50%
20
Bank of India
Banks
11,065,303
157
1.44%
21
Bandhan Bank Ltd.
Banks
9,000,000
147
1.35%
22
Manappuram Finance Ltd.
Finance
4,090,979
139
1.28%
23
Karur Vysya Bank Ltd.
Banks
3,578,700
124
1.14%
24
HDB Financial Services Ltd.
Finance
1,790,333
122
1.12%
25
PNB Housing Finance Ltd.
Finance
1,000,000
115
1.06%
26
Aavas Financiers Ltd.
Finance
887,147
112
1.03%
27
Aditya Birla Capital Ltd.
Finance
2,706,995
111
1.02%
28
Canara Bank
Banks
8,000,000
102
0.93%
29
CARE Ratings Ltd.
Capital Markets
561,424
97
0.89%
30
PB Fintech Ltd.
Financial Technology (Fintech)
419,274
79
0.72%
SBI BANKING & FINANCIAL SERVICES FUND
Direct Plan · Growth · where the money sits
What the manager did last month
Between the filings of 31 Jul 2026 and 31 Aug 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹516 cr
₹601 cr
7
4
+0.15%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
Life Insurance Corporation of India
3,900,000
entered
—
163
PNB Housing Finance Ltd.
1,000,000
entered
—
115
Canara Bank
8,000,000
entered
—
102
PB Fintech Ltd.
419,274
entered
—
78.6
Sundaram Finance Ltd.
80,835
entered
—
36.7
Indian Bank
387,143
entered
—
34.8
SBI Cards & Payment Services Ltd.
58,311
entered
—
3.8
Added to
One 97 Communications Ltd.
1,150,020
+115.0%
+27.9%
197
Bandhan Bank Ltd.
7,919,955
+733.3%
-6.1%
129
Muthoot Finance Ltd.
327,033
+28.1%
-4.5%
97.4
360 ONE WAM Ltd.
600,000
+75.0%
+3.5%
70.5
HDB Financial Services Ltd.
200,000
+12.6%
-0.6%
13.7
Karur Vysya Bank Ltd.
227,842
+6.8%
+1.5%
7.9
Trimmed
HDFC Bank Ltd.
4,000,000
-16.2%
-5.2%
284
State Bank of India
2,330,364
-31.8%
+3.2%
247
Kotak Mahindra Bank Ltd.
1,500,000
-5.6%
+7.5%
62.9
HDFC Life Insurance Company Ltd.
112,921
-1.4%
-0.9%
6.1
Aavas Financiers Ltd.
9,336
-1.0%
-7.3%
1.2
Sold out of
Computer Age Management Services Ltd.
2,450,000
exited
—
195
LIC Housing Finance Ltd.
2,425,021
exited
—
127
Central Depository Services (I) Ltd.
600,000
exited
—
80.0
ICRA Ltd.
45,771
exited
—
22.4
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
Debt: bills, CDs and commercial paper
₹5 cr
₹5 cr
+₹0 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
A ₹10,000 monthly SIP over five years
Invested
Value
Gain
XIRR
₹600,000
₹841,043
₹241,043
13.48%
XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has
been invested for a different length of time.
Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 26 Sep 2026.
