SBI Energy Opportunities Fund
- NAV as on 9 Nov 2026
- ₹10.74+0.69%1 day
- Return since launch
- 2.1%
- 52-week range
- ₹9.72 — ₹11.49
- AUM
- ₹7,548 Cr
SBI Energy Opportunities Fund is a Energy equity fund from SBI Mutual Fund with ₹7,548 Cr under management, launched in 2024. The expense ratio is 1.88% and the SEBI riskometer reading is Very High.
Performance
SBI Energy Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.7% against -3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.1% | −2.9 pts | 2.8% | -2.5% |
| 2Y | 2.7% | −4.2 pts | 6.9% | 1.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.0% | +0.5 pts | 3.5% | 3.6% |
| 3M | -3.5% | −0.2 pts | -3.4% | -3.8% |
| 6M | -3.7% | +0.3 pts | -4.0% | -5.8% |
| 1Y | -0.1% | −2.9 pts | 2.8% | -2.6% |
| 2Y | 0.3% | −4.8 pts | 5.1% | 1.1% |
Since launch (6 Feb 2024): 2.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 4.8% | −7.3 pts | 12.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.89%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.53%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- Exit load
- Exit load of 1%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Energy TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
SBI Energy Opportunities Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.4%
- Debt0.1%
- Other2.5%
Market cap split
- Large46.1%
- Mid22.8%
- Small31.1%
- P/E
- 12.47
- P/B
- 1.53
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reliance Industries Ltd. | Energy | 8.86% | ₹706 Cr | +7.86% | +9.12% | +9.06% |
| GAIL (India) Ltd. | Energy | 8.01% | ₹638 Cr | +7.45% | +6.29% | +6.55% |
| Oil And Natural Gas Corporation Ltd. | Energy | 7.74% | ₹617 Cr | +6.55% | +8.87% | +2.30% |
| Gujarat Energy Ltd. | Energy | 5.61% | ₹447 Cr | +7.06% | +1.45% | +1.66% |
| Kalpataru Projects International Ltd. | Capital Goods | 5.07% | ₹404 Cr | +6.30% | +5.43% | +5.24% |
| Petronet LNG Ltd. | Energy | 4.72% | ₹376 Cr | +4.26% | +4.21% | +3.84% |
| Bharat Petroleum Corporation Ltd. | Energy | 4.63% | ₹369 Cr | +4.24% | +4.38% | +9.30% |
| NTPC Ltd. | Energy | 4.56% | ₹363 Cr | +4.60% | +5.34% | +6.75% |
| Savita Oil Technologies Ltd. | Chemicals | 3.85% | ₹307 Cr | +2.68% | +1.68% | +1.85% |
| JSW Energy Ltd. | Capital Goods | 3.77% | ₹301 Cr | +4.07% | +2.81% | +1.41% |
| Thermax Ltd. | Capital Goods | 3.76% | ₹300 Cr | +5.23% | +4.74% | +3.75% |
| Torrent Power Ltd. | Energy | 3.57% | ₹285 Cr | +3.71% | +3.82% | +3.10% |
| Honeywell Automation India Ltd. | Capital Goods | 3.16% | ₹251 Cr | +3.48% | +2.57% | +2.87% |
| Indian Oil Corporation Ltd. | Energy | 2.99% | ₹238 Cr | +2.82% | +3.06% | +8.40% |
| HEG Graphite Ltd. | Capital Goods | 2.73% | ₹217 Cr | — | — | — |
| Others | Others | 2.52% | ₹200 Cr | -0.20% | +4.80% | -0.08% |
| Indraprastha Gas Ltd. | Energy | 2.04% | ₹163 Cr | +2.12% | +2.09% | +2.30% |
| CESC Ltd. | Energy | 2.04% | ₹162 Cr | +2.35% | +2.33% | +2.72% |
| Powerica Ltd. | Capital Goods | 1.81% | ₹144 Cr | +1.70% | +0.42% | — |
| Power Finance Corporation Ltd. | Financial | 1.74% | ₹139 Cr | +2.07% | +2.07% | +1.82% |
| REC Ltd. | Financial | 1.62% | ₹129 Cr | +1.81% | +1.69% | +1.68% |
| Siemens Ltd. | Capital Goods | 1.56% | ₹125 Cr | +1.38% | +0.64% | — |
| NHPC Ltd. | Energy | 1.44% | ₹115 Cr | +1.47% | +1.04% | +1.20% |
| Adani Enterprises Ltd. | Services | 1.37% | ₹109 Cr | +1.15% | — | — |
| Tube Investments Of India Ltd. | Automobile | 1.35% | ₹107 Cr | +1.57% | +1.46% | +1.37% |
| Shree Cement Ltd. | Materials | 1.26% | ₹101 Cr | — | — | — |
| Ultratech Cement Ltd. | Materials | 1.24% | ₹98.60 Cr | — | — | — |
| GSPL Transmission Ltd. | Energy | 1.14% | ₹90.48 Cr | — | — | — |
| Chemplast Sanmar Ltd. | Chemicals | 1.02% | ₹81.41 Cr | +1.00% | +0.22% | +0.14% |
| Power Grid Corporation Of India Ltd. | Energy | 0.98% | ₹78.44 Cr | +0.99% | +1.14% | +1.26% |
| HEG Advanced Materials Ltd. | Capital Goods | 0.94% | ₹74.90 Cr | +3.87% | +4.67% | +3.54% |
| Castrol India Ltd. | Chemicals | 0.88% | ₹70.18 Cr | — | — | — |
| Indian Energy Exchange Ltd. | Services | 0.77% | ₹61.04 Cr | +0.82% | +0.84% | +0.83% |
| KEC International Ltd. | Capital Goods | 0.43% | ₹33.95 Cr | +0.54% | +0.59% | — |
| Vedanta Oil and Gas Ltd | Energy | 0.28% | ₹22.03 Cr | +0.25% | — | — |
| Juniper Green Energy Ltd. | Energy | 0.23% | ₹18.22 Cr | — | — | — |
| CMR Green Technologies Ltd. | Metals & Mining | 0.09% | ₹7.12 Cr | +0.03% | — | — |
| Nuvoco Vistas Corporation Ltd. | Materials | 0.09% | ₹6.88 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.07% | ₹5.47 Cr | +0.06% | +1.28% | +0.91% |
| Reserve Bank of India | Financial | 0.06% | ₹4.96 Cr | +0.06% | +0.06% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HEG Advanced Materials Ltd. | 4.21% | 0.94% | -3.27% |
| HEG Graphite Ltd. | 0.00% | 2.73% | +2.73% |
| Graphite India Ltd. | 2.05% | 0.00% | -2.05% |
| Shree Cement Ltd. | 0.00% | 1.26% | +1.26% |
| Ultratech Cement Ltd. | 0.00% | 1.24% | +1.24% |
| Oil And Natural Gas Corporation Ltd. | 6.77% | 7.74% | +0.97% |
| Adani Enterprises Ltd. | 2.32% | 1.37% | -0.95% |
| Castrol India Ltd. | 0.00% | 0.88% | +0.88% |
| Kalpataru Projects International Ltd. | 5.71% | 5.07% | -0.64% |
| Thermax Ltd. | 4.14% | 3.76% | -0.38% |
| Savita Oil Technologies Ltd. | 3.53% | 3.85% | +0.32% |
| Powerica Ltd. | 1.50% | 1.81% | +0.31% |
| Reliance Industries Ltd. | 9.12% | 8.86% | -0.26% |
| Torrent Power Ltd. | 3.34% | 3.57% | +0.23% |
| Juniper Green Energy Ltd. | 0.42% | 0.23% | -0.19% |
| Tube Investments Of India Ltd. | 1.51% | 1.35% | -0.16% |
| NTPC Ltd. | 4.42% | 4.56% | +0.14% |
| Bharat Petroleum Corporation Ltd. | 4.73% | 4.63% | -0.10% |
| CESC Ltd. | 2.13% | 2.04% | -0.09% |
| Chemplast Sanmar Ltd. | 0.93% | 1.02% | +0.09% |
| Nuvoco Vistas Corporation Ltd. | 0.00% | 0.09% | +0.09% |
| Indian Energy Exchange Ltd. | 0.83% | 0.77% | -0.06% |
| Others | 0.22% | 0.28% | +0.06% |
| REC Ltd. | 1.68% | 1.62% | -0.06% |
| Siemens Ltd. | 1.62% | 1.56% | -0.06% |
| Honeywell Automation India Ltd. | 3.21% | 3.16% | -0.05% |
| Petronet LNG Ltd. | 4.77% | 4.72% | -0.05% |
| Indian Oil Corporation Ltd. | 2.95% | 2.99% | +0.04% |
| GAIL (India) Ltd. | 7.98% | 8.01% | +0.03% |
| Power Grid Corporation Of India Ltd. | 0.95% | 0.98% | +0.03% |
| Vedanta Oil and Gas Ltd | 0.31% | 0.28% | -0.03% |
| JSW Energy Ltd. | 3.80% | 3.77% | -0.03% |
| Indraprastha Gas Ltd. | 2.02% | 2.04% | +0.02% |
| KEC International Ltd. | 0.45% | 0.43% | -0.02% |
| Power Finance Corporation Ltd. | 1.72% | 1.74% | +0.02% |
| CMR Green Technologies Ltd. | 0.07% | 0.09% | +0.02% |
| Gujarat Energy Ltd. | 5.59% | 5.61% | +0.02% |
| NHPC Ltd. | 1.45% | 1.44% | -0.01% |
| GSPL Transmission Ltd. | 1.13% | 1.14% | +0.01% |
| Reserve Bank of India | 0.06% | 0.06% | 0.00% |
| Oil India Ltd. | 0.07% | 0.07% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,928 Cr | 2.25% | 2.7% | 9.0% | 13.4% |
 ICICI Prudential Energy Opportunities Fund | ₹7,527 Cr | 2.09% | 1.2% | — | — |
 DSP Natural Resources and New Energy Fund | ₹2,528 Cr | 2.09% | 6.3% | 11.8% | 15.8% |
 Tata Resources & Energy Fund | ₹1,391 Cr | 2.22% | 1.9% | 6.2% | 10.9% |
 Kotak Energy Opportunities Fund | ₹264 Cr | 2.60% | 1.3% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to sectors such as oil & gas, utilities and power.
Fund managers
- Raj GandhiMr. Gandhi is a BMS (Finance), MBA (Finance), CFA.Prior to joining SBI Mutual Fund, he has worked with Sundaram Asset Management Company Limited, Principal Mutual Fund, Deutsche Equities India, UTI Securities and Angel Broking.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−3.71% absolute | ₹60,000 | ₹57,774 | −3.71% | |
| 1 year−0.15% annualised | ₹1,20,000 | ₹1,19,903 | −0.08% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.