Loading…
Sectoral / Thematic · SBI Mutual Fund · AMFI code 133857SBI Banking And Financial Services Fund
Disclosed for 41 months, Jan 2023 to Sep 2026.
Portfolio value
₹10,420 Cr
down ₹453 Cr vs Aug 2026
- Stocks held
- 38
- up 3 vs Aug 2026
- Top 10 weight
- 62.1%
- of the portfolio in its ten largest
- Cash & debt
- 7.3%
- cash, money market and debt
- Moves this month
- 6 in · 3 out
- added to 8, trimmed 24
SBI Banking And Financial Services Fund is an active equity fund in the Sectoral / Thematic category from SBI Mutual Fund. In September 2026 it disclosed 38 stocks worth ₹10,420 Cr, down ₹453 Cr from Aug 2026. Its largest positions were HDFC Bank Limited (13.0%), ICICI Bank Limited (12.8%), Kotak Mahindra Bank Limited (10.2%); the ten largest together made up 62.1% of the portfolio, and Banks was the biggest sector at 53.2% of its equity. Cash and debt stood at 7.3%. Compared with Aug 2026 the fund entered 6 new stocks and exited 3.
Against 226 other Sectoral / Thematic funds
Concentration
88%
Top-10 weight is higher than 88% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
87%
Holds more cash than 87% of peers
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 13.04%
- Δ weight
- down 0.44 pts
- Value
- ₹1,358 Cr
- Δ value
- down ₹107 Cr
- Status
- Trimmed
- Weight
- 12.77%
- Δ weight
- up 1.98 pts
- Value
- ₹1,331 Cr
- Δ value
- up ₹158 Cr
- Status
- Added
- Weight
- 10.19%
- Δ weight
- up 0.37 pts
- Value
- ₹1,062 Cr
- Δ value
- down ₹6.1 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 7.30%
- Δ weight
- down 2.24 pts
- Value
- ₹761 Cr
- Δ value
- down ₹277 Cr
- Status
- Trimmed
- Weight
- 6.85%
- Δ weight
- down 0.68 pts
- Value
- ₹713 Cr
- Δ value
- down ₹105 Cr
- Status
- Trimmed
- Weight
- 4.66%
- Δ weight
- up 0.55 pts
- Value
- ₹486 Cr
- Δ value
- up ₹38.4 Cr
- Status
- Added
- Weight
- 3.46%
- Δ weight
- up 0.07 pts
- Value
- ₹361 Cr
- Δ value
- down ₹8.4 Cr
- Status
- Trimmed
- Weight
- 2.96%
- Δ weight
- up 0.02 pts
- Value
- ₹308 Cr
- Δ value
- down ₹10.8 Cr
- Status
- Trimmed
- Weight
- 2.87%
- Δ weight
- down 1.22 pts
- Value
- ₹299 Cr
- Δ value
- down ₹145 Cr
- Status
- Trimmed
- Weight
- 2.82%
- Δ weight
- up 2.82 pts
- Value
- ₹294 Cr
- Δ value
- up ₹294 Cr
- Status
- New
- Weight
- 2.48%
- Δ weight
- up 1.20 pts
- Value
- ₹259 Cr
- Δ value
- up ₹120 Cr
- Status
- Added
- Weight
- 2.22%
- Δ weight
- up 0.21 pts
- Value
- ₹232 Cr
- Δ value
- up ₹12.4 Cr
- Status
- Added
- Weight
- 2.18%
- Δ weight
- down 0.22 pts
- Value
- ₹227 Cr
- Δ value
- down ₹33.2 Cr
- Status
- Trimmed
- Weight
- 1.97%
- Δ weight
- down 0.05 pts
- Value
- ₹206 Cr
- Δ value
- down ₹14.7 Cr
- Status
- Trimmed
- Weight
- 1.93%
- Δ weight
- down 0.23 pts
- Value
- ₹201 Cr
- Δ value
- down ₹33.2 Cr
- Status
- Trimmed
- Weight
- 1.72%
- Δ weight
- up 0.70 pts
- Value
- ₹179 Cr
- Δ value
- up ₹68.3 Cr
- Status
- Added
- Weight
- 1.71%
- Δ weight
- down 0.03 pts
- Value
- ₹178 Cr
- Δ value
- down ₹11 Cr
- Status
- Trimmed
- Weight
- 1.66%
- Δ weight
- down 0.04 pts
- Value
- ₹173 Cr
- Δ value
- down ₹12.1 Cr
- Status
- Trimmed
- Weight
- 1.54%
- Δ weight
- up 0.19 pts
- Value
- ₹160 Cr
- Δ value
- up ₹13.3 Cr
- Status
- Added
- Weight
- 1.38%
- Δ weight
- down 0.13 pts
- Value
- ₹144 Cr
- Δ value
- down ₹20.3 Cr
- Status
- Trimmed
- Weight
- 1.38%
- Δ weight
- down 0.06 pts
- Value
- ₹144 Cr
- Δ value
- down ₹12.6 Cr
- Status
- Trimmed
- Weight
- 1.12%
- Δ weight
- down 0.02 pts
- Value
- ₹117 Cr
- Δ value
- down ₹7.3 Cr
- Status
- Trimmed
- Weight
- 1.07%
- Δ weight
- up 0.02 pts
- Value
- ₹112 Cr
- Δ value
- down ₹2.9 Cr
- Status
- Trimmed
- Weight
- 1.06%
- Δ weight
- down 0.44 pts
- Value
- ₹110 Cr
- Δ value
- down ₹52.6 Cr
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- down 0.02 pts
- Value
- ₹105 Cr
- Δ value
- down ₹7 Cr
- Status
- Trimmed
- Weight
- 1.00%
- Δ weight
- down 0.12 pts
- Value
- ₹104 Cr
- Δ value
- down ₹17.9 Cr
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- up 0.95 pts
- Value
- ₹98.8 Cr
- Δ value
- up ₹98.8 Cr
- Status
- New
- Weight
- 0.92%
- Δ weight
- down 0.02 pts
- Value
- ₹95.6 Cr
- Δ value
- down ₹6 Cr
- Status
- Trimmed
- Weight
- 0.87%
- Δ weight
- down 0.02 pts
- Value
- ₹90.8 Cr
- Δ value
- down ₹6.3 Cr
- Status
- Trimmed
- Weight
- 0.86%
- Δ weight
- up 0.83 pts
- Value
- ₹90.1 Cr
- Δ value
- up ₹86.3 Cr
- Status
- Added
- Weight
- 0.79%
- Δ weight
- up 0.79 pts
- Value
- ₹82.8 Cr
- Δ value
- up ₹82.8 Cr
- Status
- New
- Weight
- 0.65%
- Δ weight
- down 0.03 pts
- Value
- ₹68.1 Cr
- Δ value
- down ₹5.9 Cr
- Status
- Trimmed
- Weight
- 0.59%
- Δ weight
- up 0.59 pts
- Value
- ₹61.8 Cr
- Δ value
- up ₹61.8 Cr
- Status
- New
- Weight
- 0.49%
- Δ weight
- up 0.49 pts
- Value
- ₹50.7 Cr
- Δ value
- up ₹50.7 Cr
- Status
- New
- Weight
- 0.47%
- Δ weight
- up 0.13 pts
- Value
- ₹48.8 Cr
- Δ value
- up ₹12.1 Cr
- Status
- Added
- Weight
- 0.35%
- Δ weight
- down 0.01 pts
- Value
- ₹36.6 Cr
- Δ value
- down ₹3.1 Cr
- Status
- Trimmed
- Weight
- 0.32%
- Δ weight
- up 0.32 pts
- Value
- ₹33 Cr
- Δ value
- up ₹33 Cr
- Status
- New
- Weight
- 0.30%
- Δ weight
- down 0.02 pts
- Value
- ₹31.2 Cr
- Δ value
- down ₹3.6 Cr
- Status
- Trimmed
- 364 DAY T-BILLdebt
- Weight
- 0.05%
- Δ weight
- up 0.00 pts
- Value
- ₹5 Cr
- Δ value
- up ₹2 L
- Status
- Held
- Weight
- 0.03%
- Δ weight
- down 0.00 pts
- Value
- ₹2.9 Cr
- Δ value
- down ₹35 L
- Status
- Trimmed
What changed, Aug 2026 to Sep 2026
New New positions (6)
- Axis Bank Limited2.8% · ₹294 Cr
- National Stock Exchange Of India Ltd0.9% · ₹98.8 Cr
- Billionbrains Garage Ventures Ltd0.8% · ₹82.8 Cr
- BSE Limited0.6% · ₹61.8 Cr
- Moneyview Limited0.5% · ₹50.7 Cr
- Multi Commodity Exchange of India Limited0.3% · ₹33 Cr
Exited Exited (3)
- State Bank of Indiawas 4.9% · ₹530 Cr
- PB Fintech Limitedwas 0.7% · ₹78.6 Cr
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 Aug 2026, the weight rose most in Capital Markets (+2.7 pts) and Finance (+0.4 pts), and fell most in Financial Technology (fintech) (−1.5 pts) and Banks (−1.1 pts).
- Capital Markets1.7% → 4.4%+2.7 pts
- Finance27.5% → 27.9%+0.4 pts
- Financial Technology (fintech)5.2% → 3.7%−1.5 pts
- Banks54.3% → 53.2%−1.1 pts
- Insurance11.3% → 10.8%−0.5 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 | Sep 2023 | Sep 2025 | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Banks | 62.3% | 56.6% | 56.2% | 61.0% | 54.3% | 53.2% |
| Finance | 22.5% | 26.0% | 26.0% | 23.5% | 27.5% | 27.9% |
| Insurance | 8.8% | 15.7% | 13.2% | 9.3% | 11.3% | 10.8% |
| Capital Markets | 6.4% | 1.7% | 4.1% | 5.6% | 1.7% | 4.4% |
| Financial Technology (fintech) | — | — | 0.5% | 0.6% | 5.2% | 3.7% |
Allocation in Sep 2026change vs Aug 2026
- Banks (11)53.2%▼ 1.1 pts
- Finance (16)27.9%▲ 0.4 pts
- Insurance (5)10.8%▼ 0.5 pts
- Capital Markets (5)4.4%▲ 2.7 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.
Cash & debt, Sep 2026
7.3%
▼ 2.2 pts vs Aug 2026
- Cash alone
- 7.3%
- cash and net receivables
- A year earlier
- 1.7%
- Sep 2025 · now ▲ 5.6 pts
- Last 12 months
- 1.3% – 9.6%
- 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.