Fundalysisby DARKHORSESTOCKS

Scheme

SBI Banking And Financial Services Fund

Holds 38 companies worth ₹9,655 Cr in Sept 2026.

  • Fund house

    SBIThe fund house that runs this scheme.

  • AUM

    ₹10,420 CrSBI Banking And Financial Services Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.2% on Aug 2026, ₹10,873 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 13.0% of this scheme's NAV.

  • Fund manager

    Milind AgrawalRuns it since 1 Aug 2019, as the fund house dates it.

Overview(30 Sept 2026)

Fund managers1

  1. Milind AgrawalFund manager · Aug 2019 · 16y · CFA PGDM B.Tech

    Key facts

    Benchmark
    Nifty Financial Services Index
    Risk
    VERY HIGH
    Expense
    Direct 0.68%
    Started
    26 Feb 2015
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 30 Sept 2026 at AMFI.

    What changed(0 changes)

    Nothing has changed in its documents since Sept 2026.

    Source.Its filings at NSE, since Sept 2026.

    Fund managers over time(Aug 2019 – now)

    1. Milind Agrawal
    MainCoSlice2020202120222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2026 – Sept 2026)

    Every change to the expense ratio, newest first.
    1 filingRegularDirectΔ pt
    30 Sept 2026–0.68%–
    Direct plan, 30 Sept 2026
    0.68%
    Regular plan –
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE (none yet: today's, at AMFI). A change holds until the next.

    Objective and risk(30 Sept 2026)

    Objective

    "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."

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Benchmark
    Nifty Financial Services Index

    How to invest(30 Sept 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1

    Selling and switching

    To redeem
    ₹500
    Switch minimum
    ₹5,000

    Scheme details(30 Sept 2026)

    What it is

    Category
    EQUITY
    Offer
    11 Feb 2015 to 24 Feb 2015
    Started
    26 Feb 2015
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    SBI-SG Global Securities Services Pvt. Ltd
    Auditor
    Chokshi & Chokshi LLP
    Registrar
    CAMS
    SEBI code
    SBIM/O/E/SEC/14/09/0039