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Sectoral / Thematic · SBI Mutual Fund · AMFI code 133857SBI Banking And Financial Services Fund
Disclosed for 41 months, Jan 2023 to Sep 2026.
Portfolio value
₹4,234 Cr
up ₹106 Cr vs May 2023
- Stocks held
- 20
- unchanged
- Top 10 weight
- 70.4%
- of the portfolio in its ten largest
- Cash & debt
- 7.3%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
SBI Banking And Financial Services Fund is an active equity fund in the Sectoral / Thematic category from SBI Mutual Fund. In June 2023 it disclosed 20 stocks worth ₹4,234 Cr, up ₹106 Cr from May 2023. Its largest positions were ICICI Bank Limited (16.7%), Housing Development Finance Corporation Limited (12.0%), Kotak Mahindra Bank Limited (7.8%); the ten largest together made up 70.4% of the portfolio, and Banks was the biggest sector at 57.8% of its equity. Cash and debt stood at 7.3%. Compared with May 2023 the fund entered 1 new stock and exited 1.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
85%
Holds more cash than 85% of peers
What these mean: concentration · cash
Holdings in June 2023
Download CSVEvery line the fund disclosed, with the change against May 2023. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 16.74% | down 0.70 pts | ₹709 Cr | down ₹11 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 11.96% | up 2.36 pts | ₹506 Cr | up ₹110 Cr | Added |
| Kotak Mahindra Bank Limited | 7.85% | up 3.95 pts | ₹332 Cr | up ₹171 Cr | Added |
| Cash, TREPS & receivables | 7.32% | down 3.81 pts | ₹310 Cr | down ₹150 Cr | Trimmed |
| Bajaj Finance Limited | 7.25% | down 0.01 pts | ₹307 Cr | up ₹7.3 Cr | Added |
| State Bank of India | 6.27% | down 0.24 pts | ₹266 Cr | down ₹3.2 Cr | Trimmed |
| HDFC Life Insurance Company Limited | 5.03% | up 0.34 pts | ₹213 Cr | up ₹19.2 Cr | Added |
| Axis Bank Limited | 4.22% | up 0.21 pts | ₹179 Cr | up ₹13.1 Cr | Added |
| Karur Vysya Bank Limited | 4.01% | up 0.51 pts | ₹170 Cr | up ₹25.3 Cr | Added |
| Bank of Baroda | 3.77% | down 0.66 pts | ₹160 Cr | down ₹23.3 Cr | Trimmed |
| Muthoot Finance Limited | 3.33% | up 0.26 pts | ₹141 Cr | up ₹14.1 Cr | Added |
| ICICI Lombard General Insurance Company Limited | 3.26% | up 0.32 pts | ₹138 Cr | up ₹16.7 Cr | Added |
| HDFC Bank Limited | 3.21% | down 0.69 pts | ₹136 Cr | down ₹25 Cr | Trimmed |
| HDFC Asset Management Company Limited | 3.18% | up 3.18 pts | ₹135 Cr | up ₹135 Cr | New |
| LIC Housing Finance Limited | 3.09% | down 1.85 pts | ₹131 Cr | down ₹73.2 Cr | Trimmed |
| Bank of India | 2.61% | down 0.07 pts | ₹110 Cr | down ₹22 L | Held |
| IndusInd Bank Limited | 1.95% | up 0.08 pts | ₹82.5 Cr | up ₹5.3 Cr | Added |
| Bandhan Bank Limited | 1.94% | down 2.60 pts | ₹82.3 Cr | down ₹105 Cr | Trimmed |
| Fusion Finance Limited | 1.93% | up 1.32 pts | ₹81.6 Cr | up ₹56.4 Cr | Added |
| Canara Bank | 0.96% | down 0.05 pts | ₹40.7 Cr | down ₹1.1 Cr | Trimmed |
| Multi Commodity Exchange of India Limited | 0.10% | up <0.01 pts | ₹4.2 Cr | up ₹13 L | Added |
What changed, May 2023 to Jun 2023
New New positions (1)
- HDFC Asset Management Company Limited3.2% · ₹135 Cr
Exited Exited (1)
- The Federal Bank Limitedwas 1.5% · ₹62.6 Cr
Added Biggest additions
- Kotak Mahindra Bank Limitedup ₹171 Cr (+3.95% pts)
- Housing Development Finance Corporation Limitedup ₹110 Cr (+2.36% pts)
- Fusion Finance Limitedup ₹56.4 Cr (+1.32% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since May 2023, the weight rose most in Capital Markets (+3.4 pts) and Finance (+1.0 pts), and fell most in Banks (−4.7 pts).
- Capital Markets0.1% → 3.5%+3.4 pts
- Finance28.8% → 29.7%+1.0 pts
- Insurance8.6% → 8.9%+0.3 pts
- Banks62.5% → 57.8%−4.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Mar 2023 | May 2023 | Jun 2023 |
|---|---|---|---|
| Banks | 71.5% | 62.5% | 57.8% |
| Finance | 21.6% | 28.8% | 29.7% |
| Insurance | 6.8% | 8.6% | 8.9% |
| Capital Markets | 0.1% | 0.1% | 3.5% |
Allocation in Jun 2023change vs May 2023
- Banks (11)57.8%▼ 4.7 pts
- Finance (5)29.7%▲ 1.0 pts
- Insurance (2)8.9%▲ 0.3 pts
- Capital Markets (2)3.5%▲ 3.4 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jun 2023
7.3%
▼ 3.8 pts vs May 2023
- Cash alone
- 7.3%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.7% – 11.1%
- lowest to highest · record 11.1% in May 2023
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.