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SBI Banking & Financial Services Fund Delivers Impressive Returns

The SBI Banking & Financial Services Fund has marked a decade since its inception, offering substantial returns to investors through both lump sum investments and Systematic Investment Plans (SIP).

Had an investor initiated a ₹10,000 monthly SIP in this scheme back in February 2015, their investment would now be worth approximately ₹28 lakh, demonstrating the fund’s strong performance over time.

Key Highlights of SBI Banking & Financial Services Fund

• Launch Date: February 26, 2015

• Investment Focus: Banking and financial services sector stocks

• CAGR Return: 15.98% since inception

• Direct Plan Return: 14.94%

• Regular Plan Return: 13.73%

• 5-Year CAGR Return: 14.26%

Returns on Lump Sum and SIP Investments

For investors who opted for a lump sum investment of ₹1 lakh at the time of launch:

• Direct Plan: The investment would have grown to ₹4.03 lakh.

• Regular Plan: The value would now be ₹3.62 lakh.

As of January 31, 2025, the fund’s Assets Under Management (AUM) stood at ₹6,481 crore. The fund is managed by Milind Agarwal, who has played a crucial role in driving its consistent growth.

Investing Considerations

While SBI Banking & Financial Services Fund has shown strong historical performance, mutual fund investments carry market risks. Prospective investors should consult a certified financial advisor before making any investment decisions.

(Disclaimer: Mutual fund investments are subject to market risks. Investors should seek expert advice before committing funds. The publisher is not responsible for any financial gains or losses incurred.)

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