Asset Sadhu
Funds/SBI Small Cap Fund

SBI Small Cap Fund

SBI Mutual Fund·Small Cap Fund·vs Nifty Smallcap 250 TRI

The fund is positioned for quality smallcap growth with meaningful exposure to cyclical recovery stories in auto, chemicals, and industrials, while maintaining a significant cash buffer of eleven percent. The outsized concentration in TREPS and an elevated top-ten weight suggest the manager is betting on secular themes like electric mobility and industrial automation gaining momentum. Recent exits from infrastructure names coupled with TREPS accumulation signal a tactical shift toward higher-conviction, capital-efficient businesses over project-dependent plays.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹189.9345+0.85%———
Regular Growth₹164.8645+0.79%-1.14%+12.22%+14.43%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
70
Top 5 Weight
16.24%
Top 10 Weight
27.96%
Max Position
5.06%
Conviction Bets
15
Gini
0.376
Large Cap
0.00%
Mid Cap
4.47%
Small Cap
80.82%
Top Sector
Chemicals & Petrochemicals
Sector Count
28
HHI (bps)
16,888

vs Category Peers

Highly Differentiated
Active Share
79.69%
vs peer portfolio
Weight Overlap
12.65%
with avg peer
Cosine Similarity
0.322
portfolio angle
Peer Count
31
funds in category

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

Similar Funds in Category

DSP Small Cap Fund
DSP Mutual Fund
Holdings
81
Top 5
17.90%
Gini
0.376
Bank of India Small Cap Fund
Bank of India Mutual Fund
Holdings
87
Top 5
14.73%
Gini
0.378
Union Small Cap Fund
Union Mutual Fund
Holdings
70
Top 5
19.42%
Gini
0.374
Bajaj Finserv Small Cap Fund
Bajaj Finserv Mutual Fund
Holdings
82
Top 5
15.85%
Gini
0.367
HDFC Small Cap Fund
HDFC Mutual Fund
Holdings
84
Top 5
15.80%
Gini
0.362
Edelweiss Small Cap Fund
Edelweiss Mutual Fund
Holdings
90
Top 5
15.50%
Gini
0.357

What Changed2026-03-31 → 2026-04-30

Holdings: 75 → 72+0 added−3 removed26 weight shifts ≥ 0.1%
StockWeight
No new entries this month

Full Holdings

#Holding% to NAV
1
TREPS
11.03%
2
Ather Energy Ltd.
INE0LEZ01016
5.06%
3
Navin Fluorine International Ltd.
INE048G01026
2.89%
4
City Union Bank Ltd.
INE491A01021
2.86%
5
ZF Commercial Vehicle Control Systems India Ltd.
INE342J01019
2.77%
6
Kalpataru Projects International Ltd.
INE220B01022
2.66%
7
Honeywell Automation India Ltd.
INE671A01010
2.49%
8
Belrise Industries Ltd.
INE894V01022
2.49%
9
Sundram Fasteners Ltd.
INE387A01021
2.28%
10
Kajaria Ceramics Ltd.
INE217B01036
2.24%
11
SBFC Finance Ltd.
INE423Y01016
2.22%
12
Krishna Institute of Medical Sciences Ltd.
INE967H01025
2.21%
13
Urban Company Ltd.
INE0CAZ01013
2.19%
14
E.I.D-Parry (India) Ltd.
INE126A01031
2.12%
15
Doms Industries Ltd.
INE321T01012
2.04%
16
AnandRathi Wealth Ltd.
INE463V01026
2.04%
17
K.P.R. Mill Ltd.
INE930H01031
1.94%
18
Chalet Hotels Ltd.
INE427F01016
1.84%
19
Deepak Fertilizers and Petrochemicals Corporation Ltd.
INE501A01019
1.79%
20
Privi Speciality Chemicals Ltd.
INE959A01019
1.72%

Sector Allocation

Chemicals & Petrochemicals9.2%
Auto Components9.2%
Industrial Products9.0%
Consumer Durables8.0%
Finance5.2%
Construction5.2%
Automobiles5.1%
Banks4.7%
Retailing4.3%
Food Products4.0%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does SBI Small Cap Fund hold?

SBI Small Cap Fund holds 70 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.24% of NAV.

What is the largest holding in SBI Small Cap Fund?

The largest position in SBI Small Cap Fund is TREPS, accounting for 11.03% of NAV.

Is SBI Small Cap Fund a concentrated or diversified fund?

With a Gini coefficient of 0.376, SBI Small Cap Fund is well-diversified. The HHI concentration index is 16,888 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.24% of the portfolio.

What is the market cap allocation of SBI Small Cap Fund?

Based on SEBI's AMFI classification, SBI Small Cap Fund's equity portfolio is split as: Large Cap: 0.00%, Mid Cap: 4.47%, Small Cap: 80.82%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does SBI Small Cap Fund invest in most?

SBI Small Cap Fund has the highest allocation to Chemicals & Petrochemicals (9.20%), Auto Components (9.19%), Industrial Products (8.96%). The fund is invested across 28 sectors in total.

How actively managed is SBI Small Cap Fund compared to other Small Cap Fund funds?

SBI Small Cap Fund has an Active Share of 79.69%, classifying it as "Highly Differentiated" among 31 Small Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in SBI Small Cap Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, SBI Small Cap Fund exited 3 stocks (including Triveni Turbine Ltd.). Total holding count decreased from 75 to 72 stocks.