SBI ESG Exclusionary Strategy Fund
The fund maintains a heavily concentrated financial sector bet with banks comprising nearly 29% of the portfolio, signalling conviction in banking sector resilience amid ESG constraints. The top ten holdings account for nearly half the portfolio, reducing diversification but allowing meaningful exposure to quality franchises like ICICI and HDFC Bank. Stagnant monthly returns coupled with no portfolio adjustments suggest the manager is comfortable holding this structurally tilted positioning, betting on financial intermediation and infrastructure plays to drive near-term returns.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹251.8127 | -2.32% | — | — | — |
| Regular Growth | ₹228.7094 | -2.37% | -3.71% | +10.70% | +11.09% |
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 | ICICI Bank Ltd. INE090A01021 | 8.13% |
| 2 | HDFC Bank Ltd. INE040A01034 | 7.90% |
| 3 | Axis Bank Ltd. INE238A01034 | 4.97% |
| 4 | Larsen & Toubro Ltd. INE018A01030 | 4.73% |
| 5 | Infosys Ltd. INE009A01021 | 4.73% |
| 6 | State Bank of India INE062A01020 | 4.06% |
| 7 | Maruti Suzuki India Ltd. INE585B01010 | 3.89% |
| 8 | Kotak Mahindra Bank Ltd. INE237A01036 | 3.76% |
| 9 | Bajaj Finance Ltd. INE296A01032 | 3.74% |
| 10 | Ultratech Cement Ltd. INE481G01011 | 3.32% |
| 11 | Hindalco Industries Ltd. INE038A01020 | 3.32% |
| 12 | Asian Paints Ltd. INE021A01026 | 2.79% |
| 13 | Reliance Industries Ltd. INE002A01018 | 2.73% |
| 14 | TVS Motor Company Ltd. INE494B01023 | 2.58% |
| 15 | TREPS | 2.27% |
| 16 | LTM Ltd. INE214T01019 | 2.19% |
| 17 | Siemens Ltd. INE003A01024 | 2.11% |
| 18 | Eicher Motors Ltd. INE066A01021 | 2.04% |
| 19 | ABB India Ltd. INE117A01022 | 1.99% |
| 20 | Thermax Ltd. INE152A01029 | 1.86% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI ESG Exclusionary Strategy Fund hold?
SBI ESG Exclusionary Strategy Fund holds 41 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.46% of NAV.
What is the largest holding in SBI ESG Exclusionary Strategy Fund?
The largest position in SBI ESG Exclusionary Strategy Fund is ICICI Bank Ltd., accounting for 8.13% of NAV in the Banks sector.
Is SBI ESG Exclusionary Strategy Fund a concentrated or diversified fund?
With a Gini coefficient of 0.365, SBI ESG Exclusionary Strategy Fund is well-diversified. The HHI concentration index is 35,829 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.46% of the portfolio.
What is the market cap allocation of SBI ESG Exclusionary Strategy Fund?
Based on SEBI's AMFI classification, SBI ESG Exclusionary Strategy Fund's equity portfolio is split as: Large Cap: 71.59%, Mid Cap: 15.95%, Small Cap: 6.44%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI ESG Exclusionary Strategy Fund invest in most?
SBI ESG Exclusionary Strategy Fund has the highest allocation to Banks (28.82%), Automobiles (8.51%), IT - Software (6.92%). The fund is invested across 25 sectors in total.
How actively managed is SBI ESG Exclusionary Strategy Fund compared to other Sectoral / Thematic funds?
SBI ESG Exclusionary Strategy Fund has an Active Share of 76.11%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.