SBI Focused Fund
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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹430.7460 | +2.02% | — | — | — |
| Regular Growth | ₹381.2272 | +1.96% | +11.72% | +17.55% | +14.86% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| 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
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Focused Fund hold?
SBI Focused Fund holds 27 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 35.84% of NAV.
What is the largest holding in SBI Focused Fund?
The largest position in SBI Focused Fund is Alphabet Inc., accounting for 11.14% of NAV in the IT - Software sector.
Is SBI Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.369, SBI Focused Fund is well-diversified. The HHI concentration index is 46,956 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 35.84% of the portfolio.
What is the market cap allocation of SBI Focused Fund?
Based on SEBI's AMFI classification, SBI Focused Fund's equity portfolio is split as: Large Cap: 51.74%, Mid Cap: 15.12%, Small Cap: 4.44%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Focused Fund invest in most?
SBI Focused Fund has the highest allocation to Banks (18.54%), Finance (14.18%), Power (13.00%). The fund is invested across 18 sectors in total.
How actively managed is SBI Focused Fund compared to other Focused Fund funds?
SBI Focused Fund has an Active Share of 77.61%, classifying it as "Highly Differentiated" among 27 Focused Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in SBI Focused Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Focused Fund added 2 new stocks (including ICICI Bank Ltd.) and exited 4 stocks (including HDFC Bank Ltd.). Total holding count decreased from 31 to 29 stocks.