SBI Equity Hybrid Fund
SBI Equity Hybrid's positioning tilts decisively toward financial services and power infrastructure, with banks and energy together commanding over 22% of the portfolio. The manager's conviction in this tilt is evident from TREPS accumulation and selective additions of NBFC names like HDB Financial and Bajaj Finance while trimming pharma and port exposure, signaling confidence in domestic consumption-linked and regulated utility plays despite elevated concentration in top holdings.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹338.9901 | -0.14% | — | — | — |
| Regular Growth | ₹305.2349 | -0.18% | +3.54% | +13.63% | +11.84% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Kotak Mahindra Prime Ltd. | 0.33% |
| HDB Financial Services Ltd. | 0.06% |
| Power Finance Corporation Ltd. | 0.03% |
| Bajaj Finance Ltd. | 0.60% |
| Kotak Mahindra Bank Ltd. | 0.02% |
| Small Industries Development Bank of India | 0.01% |
| National Bank for Agriculture and Rural Development | 0.01% |
| 364 DAY T-BILL 08.04.27 | 0.57% |
| Capital Infra Trust | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS | 6.92% |
| 2 | State Bank of India INE062A01020 | 4.23% |
| 3 | Adani Power Ltd. INE814H01029 | 3.70% |
| 4 | ICICI Bank Ltd. INE090A01021 | 3.64% |
| 5 | Solar Industries India Ltd. INE343H01029 | 3.32% |
| 6 | Adani Energy Solutions Ltd. INE931S01010 | 3.25% |
| 7 | Kotak Mahindra Bank Ltd. INE237A01036 | 3.22% |
| 8 | Bharti Airtel Ltd. INE397D01024 | 3.17% |
| 9 | Muthoot Finance Ltd. INE414G01012 | 2.88% |
| 10 | MRF Ltd. INE883A01011 | 2.65% |
| 11 | Hindalco Industries Ltd. INE038A01020 | 2.62% |
| 12 | Divi's Laboratories Ltd. INE361B01024 | 2.57% |
| 13 | HDFC Bank Ltd. INE040A01034 | 2.50% |
| 14 | Larsen & Toubro Ltd. INE018A01030 | 2.48% |
| 15 | Bajaj Finance Ltd. INE296A01032 | 2.36% |
| 16 | Reliance Industries Ltd. INE002A01018 | 2.23% |
| 17 | Interglobe Aviation Ltd. INE646L01027 | 2.22% |
| 18 | Coal India Ltd. INE522F01014 | 1.91% |
| 19 | Avenue Supermarts Ltd. INE192R01011 | 1.82% |
| 20 | Shree Cement Ltd. INE070A01015 | 1.71% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Equity Hybrid Fund hold?
SBI Equity Hybrid Fund holds 111 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 18.14% of NAV.
What is the largest holding in SBI Equity Hybrid Fund?
The largest position in SBI Equity Hybrid Fund is TREPS, accounting for 6.92% of NAV.
Is SBI Equity Hybrid Fund a concentrated or diversified fund?
With a Gini coefficient of 0.598, SBI Equity Hybrid Fund is moderately concentrated. The HHI concentration index is 18,832 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 18.14% of the portfolio.
What is the market cap allocation of SBI Equity Hybrid Fund?
Based on SEBI's AMFI classification, SBI Equity Hybrid Fund's equity portfolio is split as: Large Cap: 52.90%, Mid Cap: 14.68%, Small Cap: 2.20%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Equity Hybrid Fund invest in most?
SBI Equity Hybrid Fund has the highest allocation to Banks (13.59%), Power (9.14%), Retailing (6.23%). The fund is invested across 40 sectors in total.
How actively managed is SBI Equity Hybrid Fund compared to other Aggressive Hybrid Fund funds?
SBI Equity Hybrid Fund has an Active Share of 68.62%, classifying it as "Active Stock Picker" among 28 Aggressive Hybrid Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in SBI Equity Hybrid Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Equity Hybrid Fund added 9 new stocks (including Kotak Mahindra Prime Ltd.) and exited 7 stocks (including Bajaj Finserv Ltd.). Total holding count increased from 111 to 113 stocks.