SBI Flexi Cap Fund
SBI Mutual Fund·Flexi Cap Fund·vs Nifty 500 TRI
The fund is positioned defensively around large-cap financials and cyclicals, with banks commanding over a quarter of the portfolio. Recent moves signal conviction in power and metals plays while trimming some finance and materials exposure, suggesting the manager sees value in infrastructure-linked recovery themes. The concentrated top-10 structure and active sector rotation indicate tactical positioning rather than passive benchmark tracking.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹117.2154 | -0.39% | — | — | — | — | — |
| Regular Growth | ₹104.2431 | -0.45% | -5.64% | -7.25% | -1.37% | +9.94% | +10.38% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
83
Top 5 Weight
23.33%
Top 10 Weight
37.22%
Active Share
—
Large Cap
62.52%
Gini
0.479
What Changed2026-03-31 → 2026-04-30
Holdings: 78 → 85+17 added−10 removed28 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Tata Power Company Ltd. | 2.37% |
| Bharat Petroleum Corporation Ltd. | 2.00% |
| Aurobindo Pharma Ltd. | 1.70% |
| Power Finance Corporation Ltd. | 1.40% |
| NMDC Ltd. | 1.26% |
| Adani Ports and Special Economic Zone Ltd. | 1.10% |
| The Federal Bank Ltd. | 1.00% |
| Titan Company Ltd. | 0.96% |
| RBL Bank Ltd. | 0.68% |
| Emcure Pharmaceuticals Ltd. | 0.68% |
| Vedanta Aluminium Metal Ltd. | 0.32% |
| Vedanta Iron and Steel Ltd. | 0.32% |
| Talwandi Sabo Power Ltd. | 0.32% |
| Malco Energy Ltd. | 0.32% |
| Bandhan Bank Ltd. | 0.16% |
| Torrent Power Ltd. | 0.07% |
| 91 DAY T-BILL 30.07.26 | 0.22% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 5.52% |
| 2 | State Bank of India INE062A01020 | 5.02% |
| 3 | Axis Bank Ltd. INE238A01034 | 4.42% |
| 4 | HDFC Bank Ltd. INE040A01034 | 4.39% |
| 5 | Larsen & Toubro Ltd. INE018A01030 | 3.98% |
| 6 | Tata Steel Ltd. INE081A01020 | 3.43% |
| 7 | NTPC Ltd. INE733E01010 | 3.31% |
| 8 | Bajaj Auto Ltd. INE917I01010 | 2.67% |
| 9 | Tata Power Company Ltd. INE245A01021 | 2.37% |
| 10 | Infosys Ltd. INE009A01021 | 2.11% |
| 11 | TREPS | 2.10% |
| 12 | Reliance Industries Ltd. INE002A01018 | 2.09% |
| 13 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 2.08% |
| 14 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 2.06% |
| 15 | Microsoft Corporation US5949181045 | 2.04% |
| 16 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.00% |
| 17 | Bharat Petroleum Corporation Ltd. INE029A01011 | 2.00% |
| 18 | Max Financial Services Ltd. INE180A01020 | 1.92% |
| 19 | Eicher Motors Ltd. INE066A01021 | 1.83% |
| 20 | Aurobindo Pharma Ltd. INE406A01037 | 1.70% |
Sector Allocation
Banks25.2%
Ferrous Metals7.0%
Pharmaceuticals & Biotechnology6.1%
Power6.1%
Finance5.6%
Automobiles5.5%
IT - Software5.2%
Construction4.5%
Industrial Products4.3%
Petroleum Products4.1%
Top 10 sectors by % to NAV. Excludes derivatives.