Should I invest in SBI Banking & PSU Fund - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)?

We don't give personal investment advice. SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 4.9%. 5-year CAGR: 2.62%.

SBI

SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)

Latest NAV

₹1,319.5836

As of

17 Jul 2026

2,891 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.06%	+0.01%	+0.05	2 / 60	Q1
1W	+0.03%	-0.06%	+0.09	13 / 60	Q1
2W	-0.04%	-0.13%	+0.09	18 / 60	Q2
1M	+0.47%	+0.04%	+0.44	22 / 60	Q2
3M	+0.76%	+0.62%	+0.15	23 / 60	Q2
6M	+0.84%	+1.01%	-0.16	22 / 60	Q2
YTD	+0.68%	+0.57%	+0.10	17 / 60	Q2
1Y	+0.54%	+1.29%	-0.75	20 / 60	Q2
2Y	+2.48%	+2.22%	+0.26	18 / 60	Q2
3Y	+2.79%	+1.98%	+0.81	16 / 57	Q2
4Y	+3.77%	+1.93%	+1.84	13 / 52	Q1
5Y	+2.62%	+1.64%	+0.98	15 / 50	Q2
7Y	+2.42%	+1.46%	+0.96	12 / 47	Q2
10Y	+2.37%	+1.38%	+0.98	10 / 37	Q2
Inception	+2.24%	+2.02%	+0.23	21 / 57	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.68%	+0.54%	+0.13	14 / 51
2025	+3.02%	+2.37%	+0.65	16 / 52
2024	+3.11%	+2.35%	+0.76	16 / 53
2023	+5.76%	+2.08%	+3.68	13 / 51
2022	-1.01%	+1.10%	-2.11	45 / 50
2021	-1.27%	-0.84%	-0.43	38 / 50
2020	+5.82%	+2.60%	+3.22	12 / 47
2019	+4.49%	+1.86%	+2.63	7 / 45
2018	+3.37%	+1.66%	+1.71	10 / 46
2017	-0.15%	+0.89%	-1.04	33 / 46
2016	+1.44%	+2.60%	-1.16	16 / 43

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.33%

134 windows

min -2.4% · max 7.1%

81% positive

3-Year rolling

+2.38%

110 windows

min 0.6% · max 5.2%

100% positive

5-Year rolling

+2.35%

85 windows

min 1.5% · max 3.0%

100% positive

7-Year rolling

+2.34%

61 windows

min 1.4% · max 3.2%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.37%

3-year · annualised

Sharpe ratio

-2.71

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.66%

Nov 2025 → Apr 2026

% positive months

83.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option - Direct Plan	HDFC	₹10.0100	17 Jul 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.8275	17 Jul 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,547.1581	17 Jul 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹13.1750	17 Jul 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,063.0787	17 Jul 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.3368	17 Jul 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹106.6001	17 Jul 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5230	17 Jul 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.9587	17 Jul 2026
Kotak Banking and PSU Debt Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹10.2435	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,319.5836
16 Jul 2026	₹1,318.7751
15 Jul 2026	₹1,318.0347
14 Jul 2026	₹1,317.5551
13 Jul 2026	₹1,319.7779
10 Jul 2026	₹1,319.1649
9 Jul 2026	₹1,318.1315
8 Jul 2026	₹1,317.7456
7 Jul 2026	₹1,320.3483
6 Jul 2026	₹1,320.7609

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) is ₹1,319.5836. It's a Banking & PSU Fund from SBI, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) has NAV history starting from 08 Aug 2014, a track record of about 11 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) is managed by SBI. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a absolute return of 0.54% — -0.75 pp behind the Banking & PSU Fund category average of 1.29%. The fund ranks #20 of 60 in its category — the second (Q2) quartile.

Over the trailing 3-year window, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a CAGR of 2.79% — +0.81 pp ahead of the Banking & PSU Fund category average of 1.98%. The fund ranks #16 of 57 in its category — the second (Q2) quartile.

Over the trailing 5-year window, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) has delivered a CAGR of 2.62% — +0.98 pp ahead of the Banking & PSU Fund category average of 1.64%. The fund ranks #15 of 50 in its category — the second (Q2) quartile.

₹1 lakh invested in SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) exactly 10 years ago would be worth approximately ₹126,371 today — a multiplier of 1.26×, based on the 10-year CAGR of 2.37%. The category average over the same window would have grown ₹1 lakh to ₹114,739.

A ₹10,000 monthly SIP in SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) over the last 5 years — total invested ₹600,000 — would be worth ₹644,677 today. That's an XIRR (money-weighted annualised return) of 2.83%.

A ₹10,000 monthly SIP for 10 years in SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) = ₹1,200,000 invested. It would currently be worth ₹1,367,979 (multiplier 1.14×). XIRR: 2.58%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) ranks #15 out of 50 funds in the Banking & PSU Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.64%; this fund delivered 2.62%.

The worst peak-to-trough decline SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) has experienced over the last 5-year window is 4.89% — its NAV fell from a high on 18 Feb 2022 to a low on 09 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) averaged 2.35% (best 3.01%, worst 1.50%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.66 — negative risk-adjusted performance.

In calendar year 2025, SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) returned 3.02% — beating the Banking & PSU Fund category average of 2.37% by 0.65 pp. It ranked #16 of 52 in its category that year.

SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW) is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 4.9%. 5-year CAGR: 2.62%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

SBI Banking & PSU Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Banking & PSU Fund

Recent NAVs

Frequently asked questions

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