SBI Banking and PSU Fund Direct Plan Growth - Latest NAV ₹2545.5613, Returns, Performance & Portfolio

SBI Banking and PSU Fund Direct Plan Growth

  • highlight
    8.59%
  • highlight
    (--0.47)2545.5613

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.39 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.59%
3 Years9.05%
1 Year7.39%
6 Months1.91%
Fund Details
ISININF200K01V08
Risk
Fund TypeBanking & PSU
NAV2545.5613
Exit Load--

More about this fundstar

Top HoldingsWeightage
Oil& Natural Gas Corporation Limited4.96%
7.27% Govt Stock 20263.63%
State Bank of India3.43%
Axis Bank Limited2.91%
5.15% Govt Stock 20252.6%
State Bank Of India2.45%
Allahabad Bank2.26%
6.18% Govt Stock 20242.21%
Air India Assets Holding Limited2.2%
5.22% GOI 20252.16%

About SBI Banking & PSU Fund - Direct Plan - Growth

SBI Banking & PSU Fund is an open-ended debt scheme that predominantly invests in a mix of debt and money market instruments of banks, public sector undertakings (PSUs), public financial institutions, and municipal bodies.

Pros and Cons of SBI Banking & PSU Fund - Direct Plan - Growth

The fund comes with nil exit load. The ability of the fund to prevent losses may be below average. The fund has an average ability to generate superior returns. The risk-adjusted returns of the fund is higher than the category average.

Fund Information and Statistics

i) Inception/Launch Date

The scheme was incepted on 9 October 2009.

ii) Risk Level

The fund scheme comes with a moderate risk profile since it invests in debt and money market instruments.

iii) Redemption

Investors can redeem the fund units whenever required without having to worry about the lock-in period and exit load.

iv) Fund Manager

Mr Rajeev Radhakrishnan is the current Fund Manager for the fund scheme.

v) Entry/Exit Load

The fund does not charge both entry and exit load.

About SBI Mutual Fund

SBI Mutual Fund is a reputed fund house in India and got registered with the Securities and Exchange Board of India (SEBI) on 23 December 1993. The fund house is supported by the State Bank of India (SBI) as the sponsor. SBI Mutual Fund Trustee Company Private Limited takes the role of the trustee company for the fund house. The average assets under management (AAUM) are worth Rs.4,21,362.45 crore as of 30 September 2020.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.39 Lakhs in a period of 20 years

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns