SBI Banking & Financial Services Regular Growth

• Alpha -2.86%
• Beta 0.97
• Sharpe Ratio0.75
• Std Deviation 20.22%
• Tracking Error 5.69%

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. However, there can be no assurance that the investment objective of the Scheme will be realized.

The SBI Banking & Financial Services Regular Growth has an AUM of 4203.60 crores & has delivered CAGR of 12.86% in the last 5 years. The fund has an exit load of 0.50% and an expense ratio of 1.93%. The minimum investment in SBI Banking & Financial Services Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Bajaj Finance & Kotak Mahindra Bank.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services & Insurance (Life).

Some of the similar funds are Nippon India Banking & Financial Services Fund Growth, ICICI Prudential Banking and Financial Services Fund Growth, Aditya Birla Sun Life Banking & Financial Services Regular Growth, SBI Banking & Financial Services Regular Growth, HDFC Banking & Financial Services Fund Regular Growth. SBI Banking & Financial Services Regular Growth has a sharpe ratio of 0.75 & a standard deviation of 20.22%.