Based on 1-year returns, the top performing Sectoral-Banking funds are Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan with 21.12% return, Quant BFSI Fund - Direct Plan with 18.95% return, and SBI BSE PSU Bank Index Fund - Direct Plan with 13.99% return. The category average 1-year return is 0.67%.
Sectoral-Banking Funds
Sectoral funds invest in the stocks of a particular sector. So, banking sectoral funds will invest a majority of the funds in banking stocks. As per the SEBI guidelines, a minimum of 80% of the funds will be invested in banking stocks.
Total Schemes
47
No. of schemes
Total AUM
₹ 0.60Lakh Cr
As on latest
Category Return (5Y)
12.07 %
CAGR
Benchmark
9.55%
NIFTY 500 TRI
Category Returns (%)
| Period | 1M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | YTD |
|---|---|---|---|---|---|---|---|
Sectoral-Banking | -1.90 % | -7.28 % | 0.67 % | 12.51 % | 12.07 % | 14.04 % | -7.09 % |
Benchmark | -2.06 % | -9.97 % | -3.28 % | 7.78 % | 9.55 % | 12.61 % | -9.82 % |
About Sectoral-Banking Funds
What is it?
Sectoral funds invest in the stocks of a particular sector. So, banking sectoral funds will invest a majority of the funds in banking stocks. As per the SEBI guidelines, a minimum of 80% of the funds will be invested in banking stocks.
Objective
The objective of these funds is to generate maximum returns by focusing on and investing in the banking sector.
Suitability and opinion
These funds are suitable for high-risk investors. We believe concentration risk is very high in any sectoral funds and the impact of the market cycle can be severe in this category. This category is suitable for informed investors who are bullish on the banking sector. You should have a solid understanding of the sector before you invest in such funds. Also, entry and exit timings matter in sectoral equity funds, so we can not define the ideal time horizon for any particular sectoral fund. You should not allocate more than 10% of your portfolio to any sectoral funds.
Sectoral-Banking vs Other Categories
5Y CAGR Return Comparison
Key Insights
Sectoral-Banking delivered 12.07% CAGR over the last 5 years.
It ranks #20 out of 24 categories based on 5Y performance.
Below the category average return of 15.13%.
19 categories outperform it, while 4 categories have lower returns.
Top performer: Thematic-PSU (24.47%).
Lowest performer: Sectoral-Technology (8.85%).
Let's have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
ICICI Prudential Banking and Financial Services Fund - Direct Plan
Fund Performance: ICICI Prudential Banking and Financial Services Fund - Direct Plan has given 10.77% annualized returns in the past three years and 10.27% in the last 5 years. The ICICI Prudential Banking and Financial Services Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Banking and Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 10,589.00Cr
1Y Returns
-5.27%
Expense Ratio
1.02%
SBI Banking & Financial Services Fund - Direct Plan
Fund Performance: SBI Banking & Financial Services Fund - Direct Plan has given 16.74% annualized returns in the past three years and 13.18% in the last 5 years. The SBI Banking & Financial Services Fund - Direct Plan comes under the Equity category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 10,374.90Cr
1Y Returns
2.00%
Expense Ratio
0.77%
Nippon India Banking & Financial Services Fund - Direct Plan
Fund Performance: Nippon India Banking & Financial Services Fund - Direct Plan has given 13.63% annualized returns in the past three years and 14.28% in the last 5 years. The Nippon India Banking & Financial Services Fund - Direct Plan comes under the Equity category of Nippon India Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 7,469.77Cr
1Y Returns
-1.19%
Expense Ratio
1.58%
HDFC Banking & Financial Services Fund - Direct Plan
Fund Performance: HDFC Banking & Financial Services Fund - Direct Plan has given 13.48% annualized returns in the past three years. The HDFC Banking & Financial Services Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HDFC Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 4,369.89Cr
1Y Returns
1.17%
Expense Ratio
0.87%
Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan
Fund Performance: Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan has given 12.28% annualized returns in the past three years and 11.54% in the last 5 years. The Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan comes under the Equity category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 3,541.09Cr
1Y Returns
-0.53%
Expense Ratio
1.05%
Tata Banking and Financial Services Fund - Direct Plan
Fund Performance: Tata Banking and Financial Services Fund - Direct Plan has given 13.34% annualized returns in the past three years and 12.60% in the last 5 years. The Tata Banking and Financial Services Fund - Direct Plan comes under the Equity category of Tata Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Tata Banking and Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 3,043.18Cr
1Y Returns
-1.10%
Expense Ratio
0.57%
Mirae Asset Banking and Financial Services Fund - Direct Plan
Fund Performance: Mirae Asset Banking and Financial Services Fund - Direct Plan has given 14.18% annualized returns in the past three years and 13.15% in the last 5 years. The Mirae Asset Banking and Financial Services Fund - Direct Plan comes under the Equity category of Mirae Asset Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Banking and Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 2,173.94Cr
1Y Returns
0.93%
Expense Ratio
0.61%
DSP Banking & Financial Services Fund - Direct Plan
Fund Performance: The DSP Banking & Financial Services Fund - Direct Plan comes under the Equity category of DSP Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in DSP Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 1,828.32Cr
1Y Returns
5.59%
Expense Ratio
1.27%
Invesco India Financial Services Fund - Direct Plan
Fund Performance: Invesco India Financial Services Fund - Direct Plan has given 18.84% annualized returns in the past three years and 15.36% in the last 5 years. The Invesco India Financial Services Fund - Direct Plan comes under the Equity category of Invesco Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Invesco India Financial Services Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,673.13Cr
1Y Returns
4.70%
Expense Ratio
1.16%
Sundaram Financial Services Opportunities Fund - Direct Plan
Fund Performance: Sundaram Financial Services Opportunities Fund - Direct Plan has given 14.91% annualized returns in the past three years and 14.24% in the last 5 years. The Sundaram Financial Services Opportunities Fund - Direct Plan comes under the Equity category of Sundaram Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Sundaram Financial Services Opportunities Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 1,612.72Cr
1Y Returns
-0.60%
Expense Ratio
0.80%
Kotak Banking & Financial Services Fund - Direct Plan
Fund Performance: Kotak Banking & Financial Services Fund - Direct Plan has given 13.10% annualized returns in the past three years. The Kotak Banking & Financial Services Fund - Direct Plan comes under the Equity category of Kotak Mahindra Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Kotak Banking & Financial Services Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 1,446.78Cr
1Y Returns
1.15%
Expense Ratio
0.69%
UTI Banking and Financial Services Fund - Direct Plan
Fund Performance: UTI Banking and Financial Services Fund - Direct Plan has given 12.92% annualized returns in the past three years and 11.77% in the last 5 years. The UTI Banking and Financial Services Fund - Direct Plan comes under the Equity category of UTI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in UTI Banking and Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 1,350.29Cr
1Y Returns
-1.39%
Expense Ratio
1.80%
Bandhan Financial Services Fund - Direct Plan
Fund Performance: The Bandhan Financial Services Fund - Direct Plan comes under the Equity category of Bandhan Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Bandhan Financial Services Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,059.88Cr
1Y Returns
-2.79%
Expense Ratio
0.64%
HSBC Financial Services Fund - Direct Plan
Fund Performance: The HSBC Financial Services Fund - Direct Plan comes under the Equity category of HSBC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HSBC Financial Services Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 866.16Cr
1Y Returns
6.65%
Expense Ratio
0.88%
Quant BFSI Fund - Direct Plan
Fund Performance: The Quant BFSI Fund - Direct Plan comes under the Equity category of Quant Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Quant BFSI Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 753.02Cr
1Y Returns
18.95%
Expense Ratio
2.75%
Explore Other Categories
Explore different mutual fund categories based on investment strategy, market cap exposure and risk profile.
View All
Explore Mutual Fund Tools
Discover advanced mutual fund analysis tools, calculators, screeners and portfolio research features to make better investment decisions.
Dashboard
Track mutual fund performance, allocation trends and investment insights.
Explore Tool
Strategies
Create and manage mutual fund investment and allocation strategies.
Explore Tool
Screener
Filter and discover mutual funds based on returns, risk and categories.
Explore Tool
Factor Model
Analyze mutual funds using quantitative and factor-based scoring models.
Explore Tool
Compare
Compare mutual fund returns, risk, expense ratio and portfolio metrics.
Explore Tool
Alpha Analysis
Analyze mutual fund alpha generation and benchmark outperformance trends.
Explore Tool
Magicboard
Discover top-performing mutual funds using Sharpely’s smart ranking engine.
Explore Tool
NFO Tracker
Track latest NFO launches, timelines and new mutual fund opportunities.
Explore Tool
SIP Returns
Calculate SIP returns and estimate long-term mutual fund wealth creation.
Explore Tool
Rolling Returns
Analyze rolling return consistency across different investment periods.
Explore Tool
SWP Calculator
Estimate systematic withdrawal plans and retirement income projections.
Explore Tool