SBI Technology Opportunities Fund
The fund is heavily positioned in technology infrastructure plays, with software and IT services dominating nearly 58 percent of the portfolio while maintaining meaningful telecom exposure through Bharti Airtel. The manager's recent shift toward Airtel and TCS, coupled with exits from smaller-cap plays, signals a rotation toward larger, more resilient franchises—suggesting conviction that established tech leaders will outperform amid market volatility. The slight negative return masks an aggressive reshuffling of conviction bets within a narrowly concentrated portfolio.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹207.9392 | -6.37% | — | — | — |
| Regular Growth | ₹181.0813 | -6.44% | -14.13% | +9.27% | +10.51% |
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 | Bharti Airtel Ltd. INE397D01024 | 13.35% |
| 2 | Infosys Ltd. INE009A01021 | 12.25% |
| 3 | Tata Consultancy Services Ltd. INE467B01029 | 8.28% |
| 4 | Eternal Ltd. INE758T01015 | 6.18% |
| 5 | LTM Ltd. INE214T01019 | 5.03% |
| 6 | Alphabet Inc. US02079K3059 | 4.84% |
| 7 | Cognizant Technology Solutions Corporation US1924461023 | 3.92% |
| 8 | Firstsource Solutions Ltd. INE684F01012 | 3.78% |
| 9 | Microsoft Corporation US5949181045 | 3.48% |
| 10 | Coforge Ltd. INE591G01025 | 3.38% |
| 11 | Swiggy Ltd. INE00H001014 | 3.19% |
| 12 | Amagi Media Labs Ltd. INE121R01077 | 3.09% |
| 13 | BlackBuck Ltd. INE0UIZ01018 | 2.84% |
| 14 | Persistent Systems Ltd. INE262H01021 | 2.49% |
| 15 | Tech Mahindra Ltd. INE669C01036 | 2.43% |
| 16 | PB Fintech Ltd. INE417T01026 | 2.39% |
| 17 | Info Edge (India) Ltd. INE663F01032 | 2.29% |
| 18 | HCL Technologies Ltd. INE860A01027 | 2.26% |
| 19 | Delhivery Ltd. INE148O01028 | 2.04% |
| 20 | TREPS | 1.91% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Technology Opportunities Fund hold?
SBI Technology Opportunities Fund holds 31 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 45.09% of NAV.
What is the largest holding in SBI Technology Opportunities Fund?
The largest position in SBI Technology Opportunities Fund is Bharti Airtel Ltd., accounting for 13.35% of NAV in the Telecom - Services sector.
Is SBI Technology Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.472, SBI Technology Opportunities Fund is moderately concentrated. The HHI concentration index is 61,023 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 45.09% of the portfolio.
What is the market cap allocation of SBI Technology Opportunities Fund?
Based on SEBI's AMFI classification, SBI Technology Opportunities Fund's equity portfolio is split as: Large Cap: 49.78%, Mid Cap: 18.66%, Small Cap: 13.40%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Technology Opportunities Fund invest in most?
SBI Technology Opportunities Fund has the highest allocation to IT - Software (47.38%), Telecom - Services (13.35%), Retailing (12.97%). The fund is invested across 12 sectors in total.
How actively managed is SBI Technology Opportunities Fund compared to other Sectoral / Thematic funds?
SBI Technology Opportunities Fund has an Active Share of 88.23%, 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 Technology Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Technology Opportunities Fund exited 3 stocks (including Nazara Technologies Ltd.). Total holding count decreased from 36 to 33 stocks.