Asset Sadhu
Funds/SBI Healthcare Opportunities Fund

SBI Healthcare Opportunities Fund

SBI Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund remains heavily skewed toward large-cap pharma and biotech, with Sun Pharma and Divi's anchoring a concentrated portfolio where the top five holdings command over a third of assets. The recent exit of smaller diagnostic and specialty pharma plays signals the manager is trimming lower-conviction positions while maintaining bullish pharma exposure, as evidenced by the strong 9.2% monthly gain. With two-thirds of capital in drugs and chemicals, this fund bets on India's pharmaceutical export momentum and domestic healthcare consumption, though concentration risk warrants caution for risk-averse investors.

Portfolio analysis · April 2026

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹534.0602+8.19%
Regular Growth₹462.5160+8.11%+10.65%+26.44%+15.98%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Holdings
33
Top 5 Weight
34.35%
Top 10 Weight
52.36%
Max Position
11.71%
Conviction Bets
23
Gini
0.363
Large Cap
32.43%
Mid Cap
27.18%
Small Cap
35.06%
Top Sector
Pharmaceuticals & Biotechnology
Sector Count
6
HHI (bps)
44,405
Highly Differentiated
Active Share
89.83%
vs peer portfolio
Weight Overlap
7.30%
with avg peer
Cosine Similarity
0.236
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Holdings: 3735+0 added2 removed28 weight shifts ≥ 0.1%
StockWeight
No new entries this month
#Holding% to NAV
1
Sun Pharmaceutical Industries Ltd.
INE044A01036
11.71%
2
Divi's Laboratories Ltd.
INE361B01024
6.77%
3
Acutaas Chemicals Ltd.
INE00FF01025
5.40%
4
Apollo Hospitals Enterprise Ltd.
INE437A01024
5.30%
5
Max Healthcare Institute Ltd.
INE027H01010
5.17%
6
Aster DM Healthcare Ltd.
INE914M01019
3.89%
7
Lupin Ltd.
INE326A01037
3.84%
8
Torrent Pharmaceuticals Ltd.
INE685A01028
3.48%
9
Anthem Biosciences Ltd.
INE0CZ201020
3.45%
10
Aether Industries Ltd.
INE0BWX01014
3.35%
11
Mankind Pharma Ltd.
INE634S01028
3.33%
12
Aurobindo Pharma Ltd.
INE406A01037
3.21%
13
Fortis Healthcare Ltd.
INE061F01013
3.20%
14
Biocon Ltd.
INE376G01013
3.12%
15
Laurus Labs Ltd.
INE947Q01028
3.06%
16
Lonza Group
US54338V1017
2.71%
17
TREPS
2.68%
18
Jupiter Life Line Hospitals Ltd.
INE682M01012
2.55%
19
Alkem Laboratories Ltd.
INE540L01014
2.50%
20
Sai Life Sciences Ltd.
INE570L01029
2.47%
Pharmaceuticals & Biotechnology64.8%
Healthcare Services24.4%
Chemicals & Petrochemicals5.6%
Healthcare Equipment & Supplies2.2%
Retailing0.3%
Sovereign0.1%

Top 10 sectors by % to NAV. Excludes derivatives.

How many stocks does SBI Healthcare Opportunities Fund hold?

SBI Healthcare Opportunities Fund holds 33 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 34.35% of NAV.

What is the largest holding in SBI Healthcare Opportunities Fund?

The largest position in SBI Healthcare Opportunities Fund is Sun Pharmaceutical Industries Ltd., accounting for 11.71% of NAV in the Pharmaceuticals & Biotechnology sector.

Is SBI Healthcare Opportunities Fund a concentrated or diversified fund?

With a Gini coefficient of 0.363, SBI Healthcare Opportunities Fund is well-diversified. The HHI concentration index is 44,405 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 34.35% of the portfolio.

What is the market cap allocation of SBI Healthcare Opportunities Fund?

Based on SEBI's AMFI classification, SBI Healthcare Opportunities Fund's equity portfolio is split as: Large Cap: 32.43%, Mid Cap: 27.18%, Small Cap: 35.06%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does SBI Healthcare Opportunities Fund invest in most?

SBI Healthcare Opportunities Fund has the highest allocation to Pharmaceuticals & Biotechnology (64.83%), Healthcare Services (24.43%), Chemicals & Petrochemicals (5.58%). The fund is invested across 6 sectors in total.

How actively managed is SBI Healthcare Opportunities Fund compared to other Sectoral / Thematic funds?

SBI Healthcare Opportunities Fund has an Active Share of 89.83%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in SBI Healthcare Opportunities Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, SBI Healthcare Opportunities Fund exited 2 stocks (including Vijaya Diagnostic Centre Ltd.). Total holding count decreased from 37 to 35 stocks.