SBI Banking and PSU Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
4.34%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹2,899.97
Min. SIP amount₹500
Rating2
Fund size₹4,419.83Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.7%4.3%6.9%7.9%
Category average6.2%4.4%6.7%NA
Rank with in category101611NA
Understand terms

Holdings (52)

NameSectorInstrumentAssets
National Bank For Agriculture & Rural Development
FinancialDebenture5.9%
Nuclear Power Corpn. Of India Ltd.
EnergyNCD4.6%
FinancialDebenture4.0%
FinancialDebenture3.9%
FinancialDebenture3.8%
SovereignGOI Sec3.4%
FinancialDebenture3.4%
HDFC Bank Ltd.
FinancialDebenture3.4%
FinancialDebenture3.4%
EnergyDebenture3.4%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

Exit load is zero
3Y annualised returns lower than category average by 0.01%
Lower expense ratio: 0.34%
Low rating: 2
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y, 5Y and 10Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.34%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Rajeev Radhakrishnan
Nov 2013 - Present
View details

Education
Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
Experience
Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
Also manages these schemes

Mohit Jain
Jan 2020 - Present
View details

Education
Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience
Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
NA
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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