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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
₹5,327 Cr
up ₹861 Cr vs Nov 2023
- Stocks held
- 21
- down 5 vs Nov 2023
- Top 10 weight
- 80.9%
- of the portfolio in its ten largest
- Cash & debt
- 1.8%
- cash, money market and debt
SBI Banking And Financial Services Fund is an active equity fund in the Sectoral / Thematic category from SBI Mutual Fund. In April 2024 it disclosed 21 stocks worth ₹5,327 Cr, up ₹861 Cr from Nov 2023. Its largest positions were ICICI Bank Limited (21.5%), HDFC Bank Limited (19.7%), Kotak Mahindra Bank Limited (9.5%); the ten largest together made up 80.9% of the portfolio, and Banks was the biggest sector at 70.4% of its equity. Cash and debt stood at 1.8%. Compared with Nov 2023 the fund entered 8 new stocks and exited 13.
Against 229 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
28%
Holds more cash than 28% of peers
What these mean: concentration · cash
Holdings in April 2024
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 21.46% | up 3.69 pts | ₹1,143 Cr | up ₹350 Cr | Added |
| HDFC Bank Limited | 19.66% | up 1.81 pts | ₹1,047 Cr | up ₹250 Cr | Added |
| Kotak Mahindra Bank Limited | 9.45% | up 0.41 pts | ₹503 Cr | up ₹99.7 Cr | Added |
| State Bank of India | 9.05% | up 4.45 pts | ₹482 Cr | up ₹277 Cr | Added |
| REC Limited | 4.00% | up 2.05 pts | ₹213 Cr | up ₹126 Cr | Added |
| Muthoot Finance Limited | 3.74% | up 0.49 pts | ₹199 Cr | up ₹54 Cr | Added |
| Nippon Life India Asset Management Limited | 3.72% | up 2.01 pts | ₹198 Cr | up ₹122 Cr | Added |
| Karur Vysya Bank Limited | 3.50% | up 1.20 pts | ₹186 Cr | up ₹83.7 Cr | Added |
| SBI Life Insurance Company Limited | 3.24% | up 3.24 pts | ₹172 Cr | up ₹172 Cr | New |
| Bank of India | 3.07% | up 3.07 pts | ₹164 Cr | up ₹164 Cr | New |
| ICICI Lombard General Insurance Company Limited | 2.75% | down 0.66 pts | ₹146 Cr | down ₹5.7 Cr | Trimmed |
| Indian Bank | 2.73% | up 2.73 pts | ₹145 Cr | up ₹145 Cr | New |
| HDFC Asset Management Company Limited | 2.27% | up 0.21 pts | ₹121 Cr | up ₹28.8 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 2.20% | up 2.20 pts | ₹117 Cr | up ₹117 Cr | New |
| Aavas Financiers Limited | 2.11% | up 2.11 pts | ₹113 Cr | up ₹113 Cr | New |
| Aptus Value Housing Finance India Limited | 2.07% | down 0.12 pts | ₹110 Cr | up ₹12.6 Cr | Added |
| Power Finance Corporation Limited | 1.99% | up 1.99 pts | ₹106 Cr | up ₹106 Cr | New |
| Cash, TREPS & receivables | 1.83% | down 1.99 pts | ₹97.4 Cr | down ₹73.2 Cr | Trimmed |
| SBFC Finance Limited | 0.50% | down 0.11 pts | ₹26.5 Cr | down ₹80 L | Trimmed |
| Cholamandalam Financial Holdings Limited | 0.48% | up 0.48 pts | ₹25.4 Cr | up ₹25.4 Cr | New |
| City Union Bank Limited | 0.18% | up 0.18 pts | ₹9.8 Cr | up ₹9.8 Cr | New |
| Bajaj Finance Limited | 0.01% | down 6.70 pts | ₹58 L | down ₹299 Cr | Trimmed |
What changed, Nov 2023 to Apr 2024
New New positions (8)
- SBI Life Insurance Company Limited3.2% · ₹172 Cr
- Bank of India3.1% · ₹164 Cr
- Indian Bank2.7% · ₹145 Cr
- Cholamandalam Investment and Finance Company Limited2.2% · ₹117 Cr
- Aavas Financiers Limited2.1% · ₹113 Cr
- Power Finance Corporation Limited2.0% · ₹106 Cr
- Cholamandalam Financial Holdings Limited0.5% · ₹25.4 Cr
- City Union Bank Limited0.2% · ₹9.8 Cr
Exited Exited (13)
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 Nov 2023, the weight rose most in Banks (+8.3 pts), and fell most in Finance (−6.4 pts) and Insurance (−1.7 pts).
- Banks62.0% → 70.4%+8.3 pts
- Finance23.8% → 17.4%−6.4 pts
- Insurance7.8% → 6.1%−1.7 pts
- Capital Markets6.3% → 6.1%−0.2 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 | Apr 2023 | Oct 2023 | Nov 2023 | Nov 2023 | Apr 2024 |
|---|---|---|---|---|---|
| Banks | 73.2% | 61.9% | 62.0% | 62.0% | 70.4% |
| Finance | 20.9% | 21.9% | 23.8% | 23.8% | 17.4% |
| Capital Markets | 0.1% | 7.9% | 6.3% | 6.3% | 6.1% |
| Insurance | 5.8% | 8.3% | 7.8% | 7.8% | 6.1% |
Allocation in Apr 2024change vs Nov 2023
- Banks (8)70.4%▲ 8.3 pts
- Finance (9)17.4%▼ 6.4 pts
- Capital Markets (2)6.1%▼ 0.2 pts
- Insurance (2)6.1%▼ 1.7 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, Apr 2024
1.8%
▼ 2.0 pts vs Nov 2023
- Cash alone
- 1.8%
- cash and net receivables
- A year earlier
- 5.9%
- Apr 2023 · now ▼ 4.1 pts
- Last 12 months
- 1.8% – 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.