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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
₹8,371 Cr
down ₹79.3 Cr vs Jul 2025
- Stocks held
- 31
- unchanged
- Top 10 weight
- 69.1%
- of the portfolio in its ten largest
- Cash & debt
- 2.6%
- 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 August 2025 it disclosed 31 stocks worth ₹8,371 Cr, down ₹79.3 Cr from Jul 2025. Its largest positions were HDFC Bank Limited (17.5%), Kotak Mahindra Bank Limited (9.6%), State Bank of India (8.4%); the ten largest together made up 69.1% of the portfolio, and Banks was the biggest sector at 60.4% of its equity. Cash and debt stood at 2.6%. Compared with Jul 2025 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
17%
Holds more stocks than 17% of peers
Cash
37%
Holds more cash than 37% of peers
What these mean: concentration · cash
Holdings in August 2025
Download CSVEvery line the fund disclosed, with the change against Jul 2025. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 17.54% | down 2.80 pts | ₹1,468 Cr | down ₹250 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 9.58% | up 1.41 pts | ₹802 Cr | up ₹111 Cr | Added |
| State Bank of India | 8.37% | up 0.14 pts | ₹701 Cr | up ₹5.2 Cr | Added |
| ICICI Bank Limited | 7.41% | down 0.37 pts | ₹620 Cr | down ₹37.1 Cr | Trimmed |
| Axis Bank Limited | 6.79% | up 1.81 pts | ₹568 Cr | up ₹148 Cr | Added |
| SBI Life Insurance Company Limited | 5.20% | up 1.65 pts | ₹435 Cr | up ₹136 Cr | Added |
| HDFC Life Insurance Company Limited | 4.49% | up 1.16 pts | ₹375 Cr | up ₹94.3 Cr | Added |
| Max Financial Services Limited | 3.54% | up 0.02 pts | ₹296 Cr | down ₹1.2 Cr | Held |
| Bajaj Finserv Limited | 3.20% | down 0.03 pts | ₹268 Cr | down ₹4.8 Cr | Trimmed |
| Aditya Birla Capital Limited | 3.01% | up 0.25 pts | ₹252 Cr | up ₹18.9 Cr | Added |
| Aptus Value Housing Finance India Limited | 2.82% | down 0.06 pts | ₹236 Cr | down ₹7.5 Cr | Trimmed |
| Bank of Baroda | 2.78% | down 0.03 pts | ₹232 Cr | down ₹5 Cr | Trimmed |
| RBL Bank Limited | 2.68% | down 0.05 pts | ₹224 Cr | down ₹6.3 Cr | Trimmed |
| Cash, TREPS & receivables | 2.59% | down 4.88 pts | ₹217 Cr | down ₹415 Cr | Trimmed |
| Bank of India | 2.40% | down <0.01 pts | ₹201 Cr | down ₹2 Cr | Trimmed |
| SBI Cards and Payment Services Limited | 2.05% | up 0.01 pts | ₹171 Cr | down ₹83 L | Held |
| Power Finance Corporation Limited | 1.89% | down 0.13 pts | ₹158 Cr | down ₹12.6 Cr | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 1.72% | up 1.43 pts | ₹144 Cr | up ₹119 Cr | Added |
| Star Health And Allied Insurance Company Limited | 1.30% | up 0.02 pts | ₹109 Cr | up ₹53 L | Held |
| City Union Bank Limited | 1.24% | down 0.10 pts | ₹104 Cr | down ₹9.6 Cr | Trimmed |
| ICRA Limited | 1.15% | down 0.06 pts | ₹96.1 Cr | down ₹5.8 Cr | Trimmed |
| Muthoot Finance Limited | 1.07% | up 0.02 pts | ₹89.5 Cr | up ₹87 L | Added |
| Credit Analysis and Research Limited | 1.05% | down 0.08 pts | ₹87.8 Cr | down ₹7.5 Cr | Trimmed |
| 360 One WAM Limited | 0.97% | up 0.97 pts | ₹81.4 Cr | up ₹81.4 Cr | New |
| National Securities Depository Limited | 0.90% | up 0.32 pts | ₹75.2 Cr | up ₹26.6 Cr | Added |
| Niva Bupa Health Insurance Company Limited | 0.89% | down 0.06 pts | ₹74.2 Cr | down ₹5.5 Cr | Trimmed |
| Cholamandalam Financial Holdings Limited | 0.84% | down 0.07 pts | ₹69.9 Cr | down ₹6.6 Cr | Trimmed |
| CRISIL Limited | 0.73% | down 0.04 pts | ₹60.9 Cr | down ₹3.9 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 0.60% | up 0.47 pts | ₹50.1 Cr | up ₹39.6 Cr | Added |
| HDB Financial Services Limited | 0.50% | up 0.02 pts | ₹41.6 Cr | up ₹1.1 Cr | Added |
| SBFC Finance Limited | 0.38% | up 0.01 pts | ₹32 Cr | up ₹27 L | Added |
| Aditya Birla Sun Life AMC Limited | 0.31% | down 0.01 pts | ₹25.7 Cr | down ₹71 L | Trimmed |
| 182 DAY T-BILL Debt | 0.06% | up <0.01 pts | ₹4.9 Cr | up ₹2 L | Held |
What changed, Jul 2025 to Aug 2025
New New positions (1)
- 360 One WAM Limited1.0% · ₹81.4 Cr
Exited Exited (1)
- Nippon Life India Asset Management Limitedwas 0.9% · ₹80.2 Cr
Added Biggest additions
- Axis Bank Limitedup ₹148 Cr (+1.81% pts)
- SBI Life Insurance Company Limitedup ₹136 Cr (+1.65% pts)
- ICICI Prudential Life Insurance Company Limitedup ₹119 Cr (+1.43% 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 Jul 2025, the weight rose most in Insurance (+3.6 pts) and Capital Markets (+0.3 pts), and fell most in Banks (−3.2 pts) and Finance (−0.7 pts).
- Insurance14.0% → 17.6%+3.6 pts
- Capital Markets2.0% → 2.2%+0.3 pts
- Banks63.6% → 60.4%−3.2 pts
- Finance20.5% → 19.8%−0.7 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 | Aug 2024 | Feb 2025 | May 2025 | Jul 2025 | Aug 2025 |
|---|---|---|---|---|---|
| Banks | 59.2% | 74.0% | 65.0% | 63.6% | 60.4% |
| Finance | 31.0% | 19.4% | 19.1% | 20.5% | 19.8% |
| Insurance | 4.3% | 0.7% | 11.5% | 14.0% | 17.6% |
| Capital Markets | 3.0% | 5.9% | 4.4% | 2.0% | 2.2% |
Allocation in Aug 2025change vs Jul 2025
- Banks (9)60.4%▼ 3.2 pts
- Finance (13)19.8%▼ 0.7 pts
- Insurance (6)17.6%▲ 3.6 pts
- Capital Markets (3)2.2%▲ 0.3 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, Aug 2025
2.6%
▼ 4.9 pts vs Jul 2025
- Cash alone
- 2.5%
- cash and net receivables
- A year earlier
- 6.8%
- Aug 2024 · now ▼ 4.1 pts
- Last 12 months
- 2.6% – 17.7%
- lowest to highest · record 17.7% in Dec 2024
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.