How is SBI banking and financial services Fund?
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How is SBI banking and financial services Fund?
1. The Current Net Asset Value of the SBI Banking & Financial Services Fund – Regular Plan as of 13 Dec 2021 is Rs 24.8399 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: 18.63\% (1yr), 14.22\% (3yr), 16.41\% (5yr) and 13.73\% (since launch).
Which is best banking and financial services fund?
2. Top Sectoral Banking Mutual Funds
| Fund | 3-Year Returns | 5-Year Returns |
|---|---|---|
| ICICI Prudential Banking and Financial Services Fund Growth | -0.67\% | 11.29\% |
| Edelweiss Banking and PSU Debt Fund Regular Growth | 10.36\% | 9.11\% |
| Kotak Banking and PSU Debt Growth | 9.09\% | 8.82\% |
| HDFC Banking & PSU Debt Fund Regular Plan Growth Option | 8.45\% | 8.69\% |
Which fund is best in SBI?
List of Sbi Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| SBI Bluechip Fund | Equity | 26.2\% |
| SBI Flexicap Fund | Equity | 31.5\% |
| SBI Banking & Financial Services Fund | Equity | 15.8\% |
| SBI Focused Equity Fund | Equity | 42.1\% |
Which is best bank for SIP?
Best Sectoral Banking Funds are equity mutual funds that invest primarily in Indian bank equity and equity-linked securities….5 Best Banking Funds SIP To Invest In India 2021.
| Banking Mutual Funds | SBI Banking & Financial Services Fund |
|---|---|
| 1 Year Return | 83.11\% |
| 5 Years Return | 20.01\% |
| Expense ratio | 0.91\% |
What is banking and financial services Fund?
Banking and financial services sector funds are a type of equity sector funds that primarily invest in companies that cater to the banking and financial services. Ideally, an investor who has an experience of equities and also a good knowledge in the banking sector should only invest in these funds.
How can I withdraw my SBI Mutual Fund?
An investor can choose to withdraw money from liquid funds by filling in a transaction slip and requesting for a redemption subject to completion of KYC requirements. Alternatively, he can choose to redeem online through website of the mutual fund or through the mobile app.
How secure is SBI Mutual Fund?
Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes. Variety of Options: Investing in SBI Mutual Fund comes with a broad range of choices, you can invest for a short-term, mid-term and long-term in these schemes offered by the SBI.
Is SBI Mutual Fund Tax Free?
When you invest in SBI MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. In this, the amount invested by you gets deducted from your taxable income.