SBI ESG Exclusionary Strategy Fund
Thematic-ESGVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹231.23+0.41%1 day
- Return since launch
- 11.4%
- 52-week range
- ₹210.47 — ₹249.51
- AUM
- ₹5,356 Cr
SBI ESG Exclusionary Strategy Fund is a Thematic-ESG equity fund from SBI Mutual Fund with ₹5,356 Cr under management, launched in 2006. Over three years it has returned 1.8% a year, against 8.9% for its category. The expense ratio is 1.96% and the SEBI riskometer reading is Very High.
Performance
SBI ESG Exclusionary Strategy Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.0% against -2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -5.0% | −4.4 pts | -0.6% | -4.8% |
| 2Y | -1.6% | −1.3 pts | -0.3% | -2.2% |
| 3Y | 1.8% | −7.1 pts | 8.9% | 1.2% |
| 5Y | 6.7% | −0.2 pts | 7.0% | 6.1% |
| 7Y | 10.0% | +0.4 pts | 9.6% | 9.2% |
| 10Y | 10.7% | +0.1 pts | 10.6% | 10.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.7% | −0.3 pts | -4.4% | -4.5% |
| 3M | -1.9% | −1.1 pts | -0.7% | -0.8% |
| 6M | 7.2% | −1.7 pts | 9.0% | 7.0% |
| 1Y | -2.0% | −1.3 pts | -0.6% | -2.6% |
| 2Y | -3.9% | +0.7 pts | -4.6% | -5.1% |
| 3Y | 7.8% | −1.1 pts | 8.9% | 7.2% |
| 5Y | 6.9% | −0.1 pts | 7.0% | 5.6% |
| 7Y | 11.4% | −0.3 pts | 11.6% | 11.2% |
| 10Y | 10.6% | 0.0 pts | 10.6% | 10.4% |
Since launch (27 Nov 2006): 11.4%
Calendar-year returns
Category average13.5%
30.3%
-2.3%
24.6%
12.1%
7.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | +2.2 pts | 5.2% |
| 2024 | 12.1% | −6.2 pts | 18.4% |
| 2023 | 24.6% | −1.7 pts | 26.3% |
| 2022 | -2.3% | +0.2 pts | -2.5% |
| 2021 | 30.3% | −4.6 pts | 34.9% |
| 2020 | 13.5% | −6.6 pts | 20.1% |
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
2.04%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.60%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- Exit load
- Exit load of 1% if redeemed within 1 year
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 100 ESG 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.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -0.30 | 1.86 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.99 | 1.01 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.35 | 0.44 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.41 | 0.65 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.48 | 15.88 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI ESG Exclusionary Strategy Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.7%
- Debt0.1%
- Other1.3%
Market cap split
- Large67.0%
- Mid21.7%
- Small11.3%
- P/E
- 28.09
- P/B
- 4.09
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 9.20% | ₹493 Cr | +8.11% | +8.46% | +8.19% |
| HDFC Bank Ltd. | Financial | 7.13% | ₹382 Cr | +7.65% | +8.66% | +9.40% |
| Larsen & Toubro Ltd. | Construction | 4.20% | ₹225 Cr | +4.82% | +5.06% | +4.70% |
| Bajaj Finance Ltd. | Financial | 4.14% | ₹222 Cr | +3.63% | +3.78% | — |
| Kotak Mahindra Bank Ltd. | Financial | 4.04% | ₹217 Cr | +3.78% | +3.88% | +3.61% |
| State Bank of India | Financial | 3.96% | ₹212 Cr | +3.67% | +5.61% | +3.48% |
| Maruti Suzuki India Ltd. | Automobile | 3.90% | ₹209 Cr | +3.85% | +4.14% | +4.30% |
| company:7925 | Technology | 3.21% | ₹172 Cr | — | — | — |
| TVS Motor Company Ltd. | Automobile | 3.15% | ₹169 Cr | +2.49% | +2.72% | +2.51% |
| JSW Steel Ltd. | Metals & Mining | 3.00% | ₹161 Cr | — | — | — |
| Asian Paints Ltd. | Materials | 2.97% | ₹159 Cr | +3.05% | +2.58% | +2.70% |
| Ultratech Cement Ltd. | Materials | 2.72% | ₹145 Cr | +3.30% | +3.74% | +3.95% |
| Divi's Laboratories Ltd. | Healthcare | 2.30% | ₹123 Cr | +1.65% | +1.51% | +2.48% |
| LTM Limited | Technology | 2.29% | ₹123 Cr | +2.09% | +2.18% | +2.47% |
| Pidilite Industries Ltd. | Chemicals | 2.20% | ₹118 Cr | +1.97% | +1.89% | — |
| Siemens Ltd. | Capital Goods | 2.20% | ₹118 Cr | +2.14% | +1.55% | +1.37% |
| company:19482 | Automobile | 2.10% | ₹113 Cr | — | — | — |
| company:20312 | Consumer Discretionary | 2.08% | ₹111 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 2.07% | ₹111 Cr | +2.00% | +2.01% | +1.63% |
| Central Depository Services (India) Ltd. | Financial | 2.02% | ₹108 Cr | — | — | — |
| JSW Cement Ltd. | Materials | 1.88% | ₹101 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.73% | ₹92.69 Cr | +1.32% | +1.35% | +1.11% |
| The Indian Hotels Company Ltd. | Services | 1.66% | ₹88.90 Cr | +1.50% | +1.45% | — |
| Timken India Ltd. | Capital Goods | 1.62% | ₹86.93 Cr | +1.91% | +1.73% | +1.42% |
| FSN E-Commerce Ventures Ltd. | Services | 1.60% | ₹85.90 Cr | +1.23% | +1.18% | +1.23% |
| Oberoi Realty Ltd. | Construction | 1.51% | ₹80.70 Cr | +1.40% | +1.19% | — |
| Schaeffler India Ltd. | Capital Goods | 1.39% | ₹74.27 Cr | +1.46% | +1.46% | +1.28% |
| Thermax Ltd. | Capital Goods | 1.34% | ₹71.96 Cr | +2.28% | +1.36% | +1.38% |
| Britannia Industries Ltd. | Consumer Staples | 1.32% | ₹70.88 Cr | +1.34% | +1.47% | — |
| Godrej Properties Ltd. | Construction | 1.30% | ₹69.51 Cr | +1.16% | +1.08% | +0.97% |
| ICICI Prudential Life Insurance Company Ltd. | Insurance | 1.30% | ₹69.80 Cr | +1.30% | +1.60% | — |
| Others | Others | 1.26% | ₹66.73 Cr | -0.60% | -0.24% | -0.06% |
| Honeywell Automation India Ltd. | Capital Goods | 1.13% | ₹60.40 Cr | +1.15% | +0.95% | +1.18% |
| Mankind Pharma Ltd. | Healthcare | 1.13% | ₹60.48 Cr | +1.13% | — | — |
| Brigade Enterprises Ltd. | Construction | 1.12% | ₹59.94 Cr | — | — | — |
| L&T Technology Services Ltd. | Technology | 1.11% | ₹59.54 Cr | +1.08% | +1.05% | +1.51% |
| company:7041 | Technology | 1.11% | ₹59.56 Cr | — | — | — |
| Jubilant FoodWorks Ltd. | Services | 1.05% | ₹56.36 Cr | +0.93% | +1.07% | +1.27% |
| company:20327 | Automobile | 1.04% | ₹55.59 Cr | — | — | — |
| Berger Paints India Ltd. | Materials | 1.02% | ₹54.75 Cr | +1.05% | +0.91% | — |
| Biocon Ltd. | Healthcare | 1.00% | ₹53.56 Cr | +1.06% | — | — |
| Page Industries Ltd. | Textiles | 1.00% | ₹53.70 Cr | +1.38% | +1.30% | +1.77% |
| Lemon Tree Hotels Ltd. | Services | 0.99% | ₹53.13 Cr | — | — | — |
| Voltas Ltd. | Consumer Discretionary | 0.94% | ₹50.16 Cr | +1.00% | +1.19% | — |
| Kajaria Ceramics Ltd. | Materials | 0.25% | ₹13.58 Cr | +1.15% | +1.17% | +1.46% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.23% | ₹12.46 Cr | +0.81% | +0.84% | +0.86% |
| Reserve Bank of India | Financial | 0.09% | ₹4.94 Cr | +0.09% | +0.09% | +0.09% |
| Numero Uno International Ltd | Services | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Axis Bank Ltd. | 4.64% | 0.00% | -4.64% |
| Infosys Ltd. | 4.35% | 0.00% | -4.35% |
| company:7925 | 0.00% | 3.21% | +3.21% |
| company:19482 | 0.00% | 2.10% | +2.10% |
| company:20312 | 0.00% | 2.08% | +2.08% |
| Reliance Industries Ltd. | 1.40% | 0.00% | -1.40% |
| company:7041 | 0.00% | 1.11% | +1.11% |
| company:20327 | 0.00% | 1.04% | +1.04% |
| Brigade Enterprises Ltd. | 0.34% | 1.12% | +0.78% |
| Divi's Laboratories Ltd. | 1.91% | 2.30% | +0.39% |
| Kotak Mahindra Bank Ltd. | 3.69% | 4.04% | +0.35% |
| ICICI Bank Ltd. | 8.90% | 9.20% | +0.30% |
| Colgate-Palmolive (India) Ltd. | 0.51% | 0.23% | -0.28% |
| Bajaj Finance Ltd. | 4.38% | 4.14% | -0.24% |
| HDFC Bank Ltd. | 7.37% | 7.13% | -0.24% |
| Kajaria Ceramics Ltd. | 0.46% | 0.25% | -0.21% |
| Larsen & Toubro Ltd. | 4.00% | 4.20% | +0.20% |
| State Bank of India | 3.76% | 3.96% | +0.20% |
| Siemens Ltd. | 2.01% | 2.20% | +0.19% |
| Central Depository Services (India) Ltd. | 1.88% | 2.02% | +0.14% |
| JSW Steel Ltd. | 2.86% | 3.00% | +0.14% |
| LTM Limited | 2.15% | 2.29% | +0.14% |
| Pidilite Industries Ltd. | 2.06% | 2.20% | +0.14% |
| Jubilant FoodWorks Ltd. | 0.91% | 1.05% | +0.14% |
| ABB India Ltd. | 1.93% | 2.07% | +0.14% |
| Sona BLW Precision Forgings Ltd. | 1.60% | 1.73% | +0.13% |
| Page Industries Ltd. | 1.11% | 1.00% | -0.11% |
| Maruti Suzuki India Ltd. | 4.01% | 3.90% | -0.11% |
| Thermax Ltd. | 1.45% | 1.34% | -0.11% |
| FSN E-Commerce Ventures Ltd. | 1.50% | 1.60% | +0.10% |
| TVS Motor Company Ltd. | 3.07% | 3.15% | +0.08% |
| Voltas Ltd. | 1.02% | 0.94% | -0.08% |
| Oberoi Realty Ltd. | 1.44% | 1.51% | +0.07% |
| Honeywell Automation India Ltd. | 1.19% | 1.13% | -0.06% |
| JSW Cement Ltd. | 1.94% | 1.88% | -0.06% |
| Others | -0.13% | -0.07% | +0.06% |
| L&T Technology Services Ltd. | 1.07% | 1.11% | +0.04% |
| Asian Paints Ltd. | 3.01% | 2.97% | -0.04% |
| Ultratech Cement Ltd. | 2.76% | 2.72% | -0.04% |
| Berger Paints India Ltd. | 1.05% | 1.02% | -0.03% |
| Godrej Properties Ltd. | 1.33% | 1.30% | -0.03% |
| ICICI Prudential Life Insurance Company Ltd. | 1.27% | 1.30% | +0.03% |
| The Indian Hotels Company Ltd. | 1.63% | 1.66% | +0.03% |
| Timken India Ltd. | 1.59% | 1.62% | +0.03% |
| Britannia Industries Ltd. | 1.34% | 1.32% | -0.02% |
| Biocon Ltd. | 1.01% | 1.00% | -0.01% |
| Lemon Tree Hotels Ltd. | 1.00% | 0.99% | -0.01% |
| Schaeffler India Ltd. | 1.38% | 1.39% | +0.01% |
| Mankind Pharma Ltd. | 1.13% | 1.13% | 0.00% |
| Numero Uno International Ltd | 0.00% | 0.00% | 0.00% |
| Reserve Bank of India | 0.09% | 0.09% | 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 | ₹837 Cr | 2.71% | 1.8% | 4.3% | 9.2% |
 ICICI Prudential ESG Exclusionary Strategy Fund | ₹1,356 Cr | 2.32% | -6.7% | 1.6% | 8.6% |
 Axis ESG Integration Strategy Fund | ₹1,073 Cr | 2.70% | -5.8% | 0.5% | 5.3% |
 Aditya Birla Sun Life ESG Integration Strategy Fund | ₹580 Cr | 2.44% | -3.5% | 3.4% | 7.3% |
 Quant ESG Integration Strategy Fund | ₹337 Cr | 3.38% | 23.0% | 11.8% | 15.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of companies following Environmental, Social and Governance (ESG) criteria.
Fund managers
- Rohit ShimpiMr. Shimpi is a B. Com., PGDBM (Finance), CFA.Prior to joining SBI Mutual Fund, he has worked with CNBC TV18, JP Morgans offshore research centre and HDFC Standard Life Insurance.
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 months7.24% absolute | ₹60,000 | ₹64,344 | 7.24% | |
| 1 year−1.97% annualised | ₹1,20,000 | ₹1,18,727 | −1.06% | |
| 3 years7.83% annualised | ₹3,60,000 | ₹4,06,956 | 13.04% | |
| 5 years6.87% annualised | ₹6,00,000 | ₹7,17,610 | 19.60% |
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.
What is the NAV of SBI ESG Exclusionary Strategy Fund?
The NAV of SBI ESG Exclusionary Strategy Fund is ₹231.23 as on 25 Sep 2026.
What is the expense ratio of SBI ESG Exclusionary Strategy Fund?
The expense ratio of SBI ESG Exclusionary Strategy Fund is 1.96% per year.
What is the minimum SIP amount for SBI ESG Exclusionary Strategy Fund?
You can start a SIP in SBI ESG Exclusionary Strategy Fund with ₹3,000 a month.
What returns has SBI ESG Exclusionary Strategy Fund given?
SBI ESG Exclusionary Strategy Fund has returned -5.0% over 1 year, 1.8% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on SBI ESG Exclusionary Strategy Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is SBI ESG Exclusionary Strategy Fund?
SBI ESG Exclusionary Strategy Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-ESG category.
Which fund house manages SBI ESG Exclusionary Strategy Fund?
SBI ESG Exclusionary Strategy Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹12,81,381 Cr under management.