SBI Energy Opportunities Fund
SBI Energy Opportunities Fund remains heavily concentrated in traditional energy infrastructure, with nearly 58 percent locked in its top ten holdings—primarily oil, gas, and power majors like Reliance, ONGC, and GAIL. The manager's conviction is evident in the tightly clustered portfolio, where gas and power sectors alone command nearly 40 percent, signaling a bullish medium-term outlook on India's energy transition and infrastructure capex cycle. The modest cash build-up suggests tactical positioning rather than retreat from the thematic thesis.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹11.4031 | — | — | — | — |
| Regular Growth | ₹11.1322 | +2.59% | +5.85% | — | — |
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 | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Ltd. INE002A01018 | 8.49% |
| 2 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 8.17% |
| 3 | GAIL (India) Ltd. INE129A01019 | 6.85% |
| 4 | Gujarat State Petronet Ltd. INE246F01010 | 5.95% |
| 5 | Kalpataru Projects International Ltd. INE220B01022 | 5.62% |
| 6 | Thermax Ltd. INE152A01029 | 5.18% |
| 7 | NTPC Ltd. INE733E01010 | 5.03% |
| 8 | Torrent Power Ltd. INE813H01021 | 4.45% |
| 9 | HEG Ltd. INE545A01024 | 4.36% |
| 10 | Bharat Petroleum Corporation Ltd. INE029A01011 | 4.10% |
| 11 | Petronet LNG Ltd. INE347G01014 | 4.10% |
| 12 | JSW Energy Ltd. INE121E01018 | 2.93% |
| 13 | Indian Oil Corporation Ltd. INE242A01010 | 2.81% |
| 14 | Honeywell Automation India Ltd. INE671A01010 | 2.65% |
| 15 | CESC Ltd. INE486A01021 | 2.55% |
| 16 | Graphite India Ltd. INE371A01025 | 2.22% |
| 17 | TREPS | 2.19% |
| 18 | Power Finance Corporation Ltd. INE134E01011 | 2.14% |
| 19 | Indraprastha Gas Ltd. INE203G01027 | 2.08% |
| 20 | Gujarat Gas Ltd. INE844O01030 | 1.91% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Energy Opportunities Fund hold?
SBI Energy Opportunities Fund holds 36 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 35.08% of NAV.
What is the largest holding in SBI Energy Opportunities Fund?
The largest position in SBI Energy Opportunities Fund is Reliance Industries Ltd., accounting for 8.49% of NAV in the Petroleum Products sector.
Is SBI Energy Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.442, SBI Energy Opportunities Fund is well-diversified. The HHI concentration index is 44,554 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 35.08% of the portfolio.
What is the market cap allocation of SBI Energy Opportunities Fund?
Based on SEBI's AMFI classification, SBI Energy Opportunities Fund's equity portfolio is split as: Large Cap: 41.45%, Mid Cap: 22.06%, Small Cap: 32.58%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Energy Opportunities Fund invest in most?
SBI Energy Opportunities Fund has the highest allocation to Gas (20.89%), Power (19.11%), Petroleum Products (17.25%). The fund is invested across 13 sectors in total.
How actively managed is SBI Energy Opportunities Fund compared to other Sectoral / Thematic funds?
SBI Energy Opportunities Fund has an Active Share of 91.03%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.