SBI Innovative Opportunities Fund
The fund is heavily tilted toward India's innovation and consumption narrative, with retail stocks dominating at 26 percent—notably e-commerce and quick-commerce players like Meesho and FSN E-Commerce. The concentrated portfolio of 41 names, anchored by the top 10 at nearly half the weight, suggests the manager is betting decisively on disruptive business models and emerging leaders. Month-on-month, the increased conviction in Bajaj Finance while paring Ather Energy signals a possible recalibration toward profitability and financial sustainability over pure-play growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹9.1619 | — | — | — | — |
| Regular Growth | ₹8.9889 | -0.57% | -3.33% | — | — |
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 |
|---|---|
| HDFC Asset Management Co. Ltd. | 0.98% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Eternal Ltd. INE758T01015 | 7.92% |
| 2 | TREPS | 5.36% |
| 3 | TBO Tek Ltd. INE673O01025 | 5.08% |
| 4 | Bajaj Finance Ltd. INE296A01032 | 4.70% |
| 5 | Meesho Ltd. INE0VDM01015 | 4.61% |
| 6 | BlackBuck Ltd. INE0UIZ01018 | 4.40% |
| 7 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 4.25% |
| 8 | Divi's Laboratories Ltd. INE361B01024 | 3.91% |
| 9 | Ather Energy Ltd. INE0LEZ01016 | 3.75% |
| 10 | Thermax Ltd. INE152A01029 | 3.52% |
| 11 | Urban Company Ltd. INE0CAZ01013 | 3.49% |
| 12 | Firstsource Solutions Ltd. INE684F01012 | 3.38% |
| 13 | Sona Blw Precision Forgings Ltd. INE073K01018 | 2.94% |
| 14 | Lupin Ltd. INE326A01037 | 2.77% |
| 15 | Happiest Minds Technologies Ltd. INE419U01012 | 2.74% |
| 16 | Swiggy Ltd. INE00H001014 | 2.71% |
| 17 | Abbott India Ltd. INE358A01014 | 2.55% |
| 18 | Info Edge (India) Ltd. INE663F01032 | 2.34% |
| 19 | Bajaj Finserv Ltd. INE918I01026 | 2.28% |
| 20 | Indegene Ltd. INE065X01017 | 2.09% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Innovative Opportunities Fund hold?
SBI Innovative Opportunities Fund holds 39 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 26.71% of NAV.
What is the largest holding in SBI Innovative Opportunities Fund?
The largest position in SBI Innovative Opportunities Fund is Eternal Ltd., accounting for 7.92% of NAV in the Retailing sector.
Is SBI Innovative Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.343, SBI Innovative Opportunities Fund is well-diversified. The HHI concentration index is 32,588 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 26.71% of the portfolio.
What is the market cap allocation of SBI Innovative Opportunities Fund?
Based on SEBI's AMFI classification, SBI Innovative Opportunities Fund's equity portfolio is split as: Large Cap: 23.21%, Mid Cap: 27.71%, Small Cap: 41.06%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Innovative Opportunities Fund invest in most?
SBI Innovative Opportunities Fund has the highest allocation to Retailing (25.96%), Pharmaceuticals & Biotechnology (9.23%), Finance (6.98%). The fund is invested across 22 sectors in total.
How actively managed is SBI Innovative Opportunities Fund compared to other Sectoral / Thematic funds?
SBI Innovative Opportunities Fund has an Active Share of 86.92%, 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 Innovative Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Innovative Opportunities Fund added 1 new stock (including HDFC Asset Management Co. Ltd.). Total holding count increased from 40 to 41 stocks.