SBI Energy Opportunities Fund
- NAV as on 23 Sep 2026
- ₹10.85+0.62%1 day
- Return since launch
- 2.9%
- 52-week range
- ₹9.72 — ₹11.49
- AUM
- ₹8,326 Cr
SBI Energy Opportunities Fund is a Energy equity fund from SBI Mutual Fund with ₹8,326 Cr under management, launched in 2024. The expense ratio is 1.85% 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 +2.9% against +1.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.9% | −5.4 pts | 7.3% | 0.1% |
| 2Y | 3.1% | −6.3 pts | 9.4% | 2.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.9% | −0.8 pts | -1.1% | -1.4% |
| 3M | -4.2% | −2.4 pts | -1.8% | -3.8% |
| 6M | 10.4% | +1.8 pts | 8.6% | 6.9% |
| 1Y | 2.9% | −4.5 pts | 7.3% | 1.4% |
| 2Y | -3.8% | −6.8 pts | 3.0% | -1.5% |
Since launch (6 Feb 2024): 2.9%
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
1.85%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.52%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.31%
- 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 31 Aug 2026
Asset allocation
- Equity97.4%
- Debt0.1%
- Other2.5%
Market cap split
- Large44.2%
- Mid21.6%
- Small34.2%
- P/E
- 14.14
- P/B
- 1.75
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reliance Industries Ltd. | Energy | 9.12% | ₹759 Cr | +7.85% | +8.29% | +9.19% |
| GAIL (India) Ltd. | Energy | 7.98% | ₹664 Cr | +6.91% | +6.78% | +5.89% |
| Oil And Natural Gas Corporation Ltd. | Energy | 6.77% | ₹564 Cr | +7.24% | +4.79% | +2.28% |
| Kalpataru Projects International Ltd. | Capital Goods | 5.71% | ₹476 Cr | +5.87% | +5.58% | +5.32% |
| Gujarat Energy Ltd. | Energy | 5.59% | ₹466 Cr | +8.47% | +1.69% | +1.65% |
| Petronet LNG Ltd. | Energy | 4.77% | ₹397 Cr | +4.02% | +4.80% | +3.79% |
| Bharat Petroleum Corporation Ltd. | Energy | 4.73% | ₹394 Cr | +4.07% | +6.32% | +9.09% |
| NTPC Ltd. | Energy | 4.42% | ₹368 Cr | +4.89% | +4.82% | +7.21% |
| HEG Advanced Materials Ltd. | Capital Goods | 4.21% | ₹351 Cr | +4.15% | +4.36% | +3.30% |
| Thermax Ltd. | Capital Goods | 4.14% | ₹345 Cr | +5.50% | +3.97% | +3.86% |
| JSW Energy Ltd. | Capital Goods | 3.80% | ₹316 Cr | +4.06% | +2.55% | +1.32% |
| Savita Oil Technologies Ltd. | Chemicals | 3.53% | ₹294 Cr | +2.23% | +1.94% | +1.89% |
| Torrent Power Ltd. | Energy | 3.34% | ₹278 Cr | +3.64% | +4.02% | +3.17% |
| Honeywell Automation India Ltd. | Capital Goods | 3.21% | ₹267 Cr | +3.04% | +2.65% | +3.14% |
| Indian Oil Corporation Ltd. | Energy | 2.95% | ₹246 Cr | +2.78% | +6.14% | +8.26% |
| Others | Others | 2.51% | ₹209 Cr | +0.22% | -0.90% | +2.12% |
| Adani Enterprises Ltd. | Services | 2.32% | ₹193 Cr | +1.09% | — | — |
| CESC Ltd. | Energy | 2.13% | ₹177 Cr | +2.48% | +2.15% | +2.61% |
| Graphite India Ltd. | Capital Goods | 2.05% | ₹171 Cr | +2.29% | +2.25% | +1.52% |
| Indraprastha Gas Ltd. | Energy | 2.02% | ₹168 Cr | +2.02% | +2.15% | +2.04% |
| Power Finance Corporation Ltd. | Financial | 1.72% | ₹143 Cr | +2.05% | +1.98% | +1.72% |
| REC Ltd. | Financial | 1.68% | ₹140 Cr | +1.64% | +1.70% | +1.61% |
| Siemens Ltd. | Capital Goods | 1.62% | ₹135 Cr | +0.73% | +0.31% | +0.57% |
| Tube Investments Of India Ltd. | Automobile | 1.51% | ₹126 Cr | +1.60% | +1.40% | +1.34% |
| Powerica Ltd. | Capital Goods | 1.50% | ₹125 Cr | +1.49% | — | — |
| NHPC Ltd. | Energy | 1.45% | ₹121 Cr | +0.97% | +0.93% | +1.31% |
| GSPL Transmission Ltd. | Energy | 1.13% | ₹93.99 Cr | — | — | — |
| Power Grid Corporation Of India Ltd. | Energy | 0.95% | ₹79.35 Cr | +0.98% | +1.01% | +1.26% |
| Chemplast Sanmar Ltd. | Chemicals | 0.93% | ₹77.30 Cr | +0.16% | +0.18% | +0.16% |
| Indian Energy Exchange Ltd. | Services | 0.83% | ₹68.74 Cr | +0.82% | +0.80% | +0.85% |
| KEC International Ltd. | Capital Goods | 0.45% | ₹37.49 Cr | +0.50% | +0.59% | +0.11% |
| Juniper Green Energy Ltd. | Energy | 0.42% | ₹35.30 Cr | — | — | — |
| Vedanta Oil and Gas Ltd | Energy | 0.31% | ₹25.76 Cr | — | — | — |
| CMR Green Technologies Ltd. | Metals & Mining | 0.07% | ₹5.71 Cr | — | — | — |
| Oil India Ltd. | Energy | 0.07% | ₹5.89 Cr | +0.07% | +1.14% | +0.87% |
| Reserve Bank of India | Financial | 0.06% | ₹4.94 Cr | +0.05% | +0.05% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HEG Advanced Materials Ltd. | 4.96% | 4.21% | -0.75% |
| Petronet LNG Ltd. | 4.29% | 4.77% | +0.48% |
| Shivalik Bimetal Controls Ltd. | 0.43% | 0.00% | -0.43% |
| Torrent Power Ltd. | 3.74% | 3.34% | -0.40% |
| Gujarat Energy Ltd. | 5.97% | 5.59% | -0.38% |
| Power Finance Corporation Ltd. | 2.09% | 1.72% | -0.37% |
| Savita Oil Technologies Ltd. | 3.16% | 3.53% | +0.37% |
| Thermax Ltd. | 4.40% | 4.14% | -0.26% |
| Kalpataru Projects International Ltd. | 5.97% | 5.71% | -0.26% |
| Inox India Ltd. | 0.24% | 0.00% | -0.24% |
| Bharat Petroleum Corporation Ltd. | 4.50% | 4.73% | +0.23% |
| REC Ltd. | 1.87% | 1.68% | -0.19% |
| CESC Ltd. | 2.32% | 2.13% | -0.19% |
| Siemens Ltd. | 1.45% | 1.62% | +0.17% |
| Others | 0.08% | 0.22% | +0.14% |
| Reliance Industries Ltd. | 8.99% | 9.12% | +0.13% |
| GAIL (India) Ltd. | 7.86% | 7.98% | +0.12% |
| Honeywell Automation India Ltd. | 3.32% | 3.21% | -0.11% |
| JSW Energy Ltd. | 3.90% | 3.80% | -0.10% |
| NTPC Ltd. | 4.52% | 4.42% | -0.10% |
| Indian Oil Corporation Ltd. | 2.86% | 2.95% | +0.09% |
| Graphite India Ltd. | 2.12% | 2.05% | -0.07% |
| Tube Investments Of India Ltd. | 1.44% | 1.51% | +0.07% |
| Juniper Green Energy Ltd. | 0.35% | 0.42% | +0.07% |
| Oil And Natural Gas Corporation Ltd. | 6.82% | 6.77% | -0.05% |
| Indraprastha Gas Ltd. | 1.97% | 2.02% | +0.05% |
| CMR Green Technologies Ltd. | 0.02% | 0.07% | +0.05% |
| Chemplast Sanmar Ltd. | 0.98% | 0.93% | -0.05% |
| Indian Energy Exchange Ltd. | 0.87% | 0.83% | -0.04% |
| Power Grid Corporation Of India Ltd. | 0.99% | 0.95% | -0.04% |
| KEC International Ltd. | 0.49% | 0.45% | -0.04% |
| GSPL Transmission Ltd. | 1.09% | 1.13% | +0.04% |
| Adani Enterprises Ltd. | 2.35% | 2.32% | -0.03% |
| Powerica Ltd. | 1.47% | 1.50% | +0.03% |
| Vedanta Oil and Gas Ltd | 0.28% | 0.31% | +0.03% |
| NHPC Ltd. | 1.43% | 1.45% | +0.02% |
| Oil India Ltd. | 0.06% | 0.07% | +0.01% |
| Reserve Bank of India | 0.06% | 0.06% | 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 | ₹3,134 Cr | 2.26% | 9.2% | 11.7% | 15.2% |
 ICICI Prudential Energy Opportunities Fund | ₹8,276 Cr | 2.12% | 12.2% | — | — |
 DSP Natural Resources and New Energy Fund | ₹2,574 Cr | 2.11% | 10.2% | 13.5% | 17.1% |
 Tata Resources & Energy Fund | ₹1,409 Cr | 2.20% | 9.8% | 9.9% | 13.3% |
 Kotak Energy Opportunities Fund | ₹275 Cr | 2.60% | 4.7% | — | — |
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 months10.39% absolute | ₹60,000 | ₹66,234 | 10.39% | |
| 1 year2.88% annualised | ₹1,20,000 | ₹1,21,889 | 1.57% |
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.