SBI Banking and PSU Fund Direct Plan Growth
- 8.24%
- (+0.71)2604.4498
Min amount: ₹1,000
Calculate Returns
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
- FAQs
Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 8.24% |
| 3 Years | 8.8% |
| 1 Year | 4.53% |
| 6 Months | 1.72% |
| Fund Details | |
|---|---|
| ISIN | INF200K01V08 |
| Risk | Moderate Risk |
| Fund Type | Banking & PSU |
| NAV | 2604.4498 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| Treps | 12.56% |
| Oil& Natural Gas Corporation Limited | 5.36% |
| National Housing Bank | 4.59% |
| Axis Bank Limited | 3.51% |
| Export-Import Bank Of India | 3.5% |
| 6.18% Govt Stock 2024 | 3.47% |
| 5.22% GOI 2025 | 3.19% |
| Net Receivable / Payable | 2.82% |
| State Bank of India | 2.7% |
| National Housing Bank | 2.67% |
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.
Customer Reviews
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "
IT Developer, Bangalore" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "
Software Engineer, Indore" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "
Campus Manager, Bangalore
Invest Now in 3 Easy Steps
- 1
- 2
- 3
Why ClearTax Invest?
Our experts do all the research and offer only the BEST mutual funds- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
Calculate Returns
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