SBI Focused Fund
SBI Mutual Fund·Focused Fund·vs Nifty 500 TRI
The fund maintains a concentrated, domestic-centric portfolio despite holding a major international position in Alphabet. The manager's recent exits from HDFC Bank and Asian Paints, combined with fresh entry into ICICI Bank and weight increases in Adani Power, signal conviction in financials and power infrastructure while rotating away from consumption and aviation. With nearly 46% in banking and finance, the fund is distinctly positioned for domestic economic resilience over diversified growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹425.5787 | +2.72% | — | — | — | — | — |
| Regular Growth | ₹376.6613 | +2.66% | +0.38% | +0.65% | +11.15% | +17.03% | +14.58% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
27
Top 5 Weight
35.84%
Top 10 Weight
59.10%
Active Share
—
Large Cap
51.74%
Gini
0.369
What Changed2026-03-31 → 2026-04-30
Holdings: 31 → 29+2 added−4 removed22 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| ICICI Bank Ltd. | 6.59% |
| DLF Ltd. | 0.67% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Alphabet Inc. US02079K3059 | 11.14% |
| 2 | TREPS | 7.69% |
| 3 | State Bank of India INE062A01020 | 6.96% |
| 4 | ICICI Bank Ltd. INE090A01021 | 6.59% |
| 5 | Adani Power Ltd. INE814H01029 | 5.94% |
| 6 | Muthoot Finance Ltd. INE414G01012 | 5.21% |
| 7 | Bajaj Finance Ltd. INE296A01032 | 5.18% |
| 8 | Kotak Mahindra Bank Ltd. INE237A01036 | 4.99% |
| 9 | Bharti Airtel Ltd. INE397D01024 | 4.88% |
| 10 | Adani Energy Solutions Ltd. INE931S01010 | 4.42% |
| 11 | Bajaj Finserv Ltd. INE918I01026 | 3.79% |
| 12 | Epam Systems Inc US29414B1044 | 3.74% |
| 13 | Solar Industries India Ltd. INE343H01029 | 3.72% |
| 14 | Torrent Power Ltd. INE813H01021 | 2.64% |
| 15 | Sona Blw Precision Forgings Ltd. INE073K01018 | 2.51% |
| 16 | Meesho Ltd. INE0VDM01015 | 2.43% |
| 17 | Divi's Laboratories Ltd. INE361B01024 | 2.22% |
| 18 | Jubilant Foodworks Ltd. INE797F01020 | 2.18% |
| 19 | Eicher Motors Ltd. INE066A01021 | 2.16% |
| 20 | Thermax Ltd. INE152A01029 | 2.04% |
Sector Allocation
Banks18.5%
Finance14.2%
Power13.0%
IT - Software11.1%
Retailing6.3%
Telecom - Services4.9%
IT - Services3.7%
Chemicals & Petrochemicals3.7%
Auto Components3.3%
Pharmaceuticals & Biotechnology2.2%
Top 10 sectors by % to NAV. Excludes derivatives.