SBI Focused Fund
- NAV as on 9 Nov 2026
- ₹410.05+0.26%1 day
- Return since launch
- 18.2%
- 52-week range
- ₹334.93 — ₹409.52
- AUM
- ₹50,423 Cr
SBI Focused Fund is a Focused equity fund from SBI Mutual Fund with ₹50,423 Cr under management, launched in 2004. Over three years it has returned 13.3% a year, against 12.5% for its category. The expense ratio is 1.58% and the SEBI riskometer reading is Very High.
Performance
SBI Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +10.5% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 14.7% | +10.9 pts | 3.8% | 9.2% |
| 2Y | 13.8% | +6.9 pts | 6.9% | 6.2% |
| 3Y | 13.3% | +0.8 pts | 12.5% | 6.3% |
| 5Y | 14.3% | +4.8 pts | 9.4% | 10.0% |
| 7Y | 15.4% | +2.3 pts | 13.0% | 12.4% |
| 10Y | 15.0% | +2.2 pts | 12.9% | 12.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.8% | 0.0 pts | 6.9% | 6.9% |
| 3M | 2.1% | +2.1 pts | -0.0% | 0.3% |
| 6M | 7.5% | +0.6 pts | 6.9% | 6.8% |
| 1Y | 10.6% | +6.8 pts | 3.8% | 2.8% |
| 2Y | 11.3% | +7.6 pts | 3.6% | 3.2% |
| 3Y | 15.8% | +3.3 pts | 12.5% | 11.6% |
| 5Y | 9.7% | +0.2 pts | 9.4% | 8.8% |
| 7Y | 15.4% | +1.5 pts | 13.9% | 13.4% |
| 10Y | 14.6% | +1.7 pts | 12.9% | 11.8% |
Since launch (23 Aug 2004): 18.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 15.7% | +9.7 pts | 6.0% |
| 2024 | 17.2% | −3.7 pts | 20.9% |
| 2023 | 22.2% | −5.5 pts | 27.7% |
| 2022 | -8.5% | −10.9 pts | 2.4% |
| 2021 | 43.0% | +9.8 pts | 33.2% |
| 2020 | 14.5% | −3.0 pts | 17.5% |
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
1.55%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.22%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.30%
- Exit load
- Exit load of 0.25% if redeemed within 30 days and 0.10% if redeemed after 30 days but on or before 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 500 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 4.33 | 5.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.83 | 0.94 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.60 | 0.64 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.92 | 0.85 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.19 | 15.90 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
SBI Focused Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity91.7%
- Debt1.0%
- Other7.4%
Market cap split
- Large76.5%
- Mid18.8%
- Small4.7%
- P/E
- 19.74
- P/B
- 3.70
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bajaj Finance Ltd. | Financial | 8.99% | ₹4,509 Cr | +5.41% | +4.84% | — |
| Others | Others | 7.37% | ₹3,697 Cr | +0.09% | +0.12% | +0.12% |
| Alphabet Inc Class A | Services | 7.24% | ₹3,633 Cr | +7.87% | +9.59% | +7.77% |
| ICICI Bank Ltd. | Financial | 7.11% | ₹3,569 Cr | +7.85% | — | +3.81% |
| Kotak Mahindra Bank Ltd. | Financial | 5.82% | ₹2,919 Cr | +5.81% | +4.00% | +4.61% |
| State Bank of India | Financial | 5.16% | ₹2,591 Cr | +6.52% | +6.88% | +5.16% |
| Muthoot Finance Ltd. | Financial | 4.97% | ₹2,492 Cr | +4.44% | +5.57% | +5.53% |
| Bharti Airtel Ltd. | Communication | 4.90% | ₹2,460 Cr | +5.48% | +5.83% | — |
| Adani Power Ltd. | Energy | 4.47% | ₹2,244 Cr | +5.21% | +4.54% | — |
| Solar Industries India Ltd. | Chemicals | 4.32% | ₹2,167 Cr | +4.38% | +3.34% | +3.77% |
| Adani Energy Solutions Ltd. | Energy | 3.93% | ₹1,972 Cr | +4.79% | +3.57% | +3.40% |
| Life Insurance Corporation of India | Insurance | 3.31% | ₹1,660 Cr | — | — | — |
| EPAM Systems Inc | Technology | 3.30% | ₹1,654 Cr | +2.52% | +2.90% | +3.78% |
| Sona BLW Precision Forgings Ltd. | Automobile | 3.14% | ₹1,577 Cr | +2.49% | +2.28% | +1.80% |
| Adani Enterprises Ltd. | Services | 3.04% | ₹1,524 Cr | +3.15% | — | — |
| Meesho Ltd. | Services | 2.63% | ₹1,322 Cr | +2.36% | +2.04% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.42% | ₹1,215 Cr | +1.93% | +2.23% | — |
| Divi's Laboratories Ltd. | Healthcare | 2.41% | ₹1,208 Cr | +2.18% | +2.65% | +2.59% |
| DLF Ltd. | Construction | 2.33% | ₹1,167 Cr | +2.27% | — | — |
| Jubilant FoodWorks Ltd. | Services | 2.28% | ₹1,142 Cr | +2.21% | +2.29% | +3.33% |
| Hatsun Agro Product Ltd. | Consumer Staples | 2.01% | ₹1,011 Cr | +1.79% | +2.14% | +2.16% |
| Eicher Motors Ltd. | Automobile | 1.99% | ₹1,001 Cr | +2.09% | +2.82% | +3.42% |
| Torrent Power Ltd. | Energy | 1.74% | ₹872 Cr | +2.10% | +2.30% | +2.19% |
| Vishal Mega Mart Ltd. | Services | 1.41% | ₹707 Cr | +1.75% | +1.85% | +2.68% |
| Thermax Ltd. | Capital Goods | 1.35% | ₹677 Cr | +2.51% | +1.89% | +1.87% |
| Procter & Gamble Hygiene and Health Care Ltd. | Consumer Staples | 1.22% | ₹612 Cr | +1.73% | +2.11% | +3.27% |
| Samvardhana Motherson International Ltd. | Automobile | 0.81% | ₹407 Cr | +0.86% | +2.10% | +2.16% |
| Bajaj Finserv Ltd. | Financial | 0.20% | ₹98.96 Cr | +3.77% | +4.11% | +5.16% |
| Reserve Bank of India | Financial | 0.15% | ₹74.47 Cr | +0.16% | +0.18% | +0.19% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| ICICI Bank Ltd. | 7.66% | 7.11% | -0.55% |
| Bajaj Finance Ltd. | 8.46% | 8.99% | +0.53% |
| Divi's Laboratories Ltd. | 2.90% | 2.41% | -0.49% |
| Others | 0.52% | 0.03% | -0.49% |
| State Bank of India | 5.58% | 5.16% | -0.42% |
| Thermax Ltd. | 1.75% | 1.35% | -0.40% |
| Adani Enterprises Ltd. | 2.73% | 3.04% | +0.31% |
| Meesho Ltd. | 2.33% | 2.63% | +0.30% |
| Bajaj Finserv Ltd. | 0.49% | 0.20% | -0.29% |
| Alphabet Inc Class A | 6.95% | 7.24% | +0.29% |
| Adani Power Ltd. | 4.25% | 4.47% | +0.22% |
| Adani Energy Solutions Ltd. | 4.15% | 3.93% | -0.22% |
| Muthoot Finance Ltd. | 4.76% | 4.97% | +0.21% |
| EPAM Systems Inc | 3.49% | 3.30% | -0.19% |
| Procter & Gamble Hygiene and Health Care Ltd. | 1.40% | 1.22% | -0.18% |
| Eicher Motors Ltd. | 2.17% | 1.99% | -0.18% |
| Jubilant FoodWorks Ltd. | 2.42% | 2.28% | -0.14% |
| Sona BLW Precision Forgings Ltd. | 3.01% | 3.14% | +0.13% |
| Lenskart Solutions Ltd. | 2.29% | 2.42% | +0.13% |
| Hatsun Agro Product Ltd. | 2.14% | 2.01% | -0.13% |
| Life Insurance Corporation of India | 3.43% | 3.31% | -0.12% |
| Vishal Mega Mart Ltd. | 1.51% | 1.41% | -0.10% |
| Kotak Mahindra Bank Ltd. | 5.73% | 5.82% | +0.09% |
| Torrent Power Ltd. | 1.66% | 1.74% | +0.08% |
| Bharti Airtel Ltd. | 4.95% | 4.90% | -0.05% |
| Samvardhana Motherson International Ltd. | 0.79% | 0.81% | +0.02% |
| Reserve Bank of India | 0.14% | 0.15% | +0.01% |
| DLF Ltd. | 2.33% | 2.33% | 0.00% |
| Solar Industries India Ltd. | 4.32% | 4.32% | 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 | ₹13,094 Cr | 2.00% | 13.6% | 9.7% | 14.7% |
 HDFC Focused Fund | ₹26,553 Cr | 1.71% | 10.0% | 8.9% | 14.7% |
 ICICI Prudential Focused Fund | ₹17,248 Cr | 2.10% | 7.7% | 9.3% | 14.7% |
 Invesco India Focused Fund | ₹6,486 Cr | 1.92% | 28.7% | 12.8% | 17.5% |
 Bandhan Focused Fund | ₹2,087 Cr | 2.29% | 8.1% | 7.5% | 11.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide the investor with the opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity related securities.
Fund managers
- Rama Iyer SrinivasanMr. Srinivasan is M.Com and MFM.Prior to joining SBI Mutual Fund he has worked with Principal AMC, Oppenheimer & Co, Indosuez WI Carr and Motilal Oswal.
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 months7.46% absolute | ₹60,000 | ₹64,476 | 7.46% | |
| 1 year10.60% annualised | ₹1,20,000 | ₹1,27,118 | 5.93% | |
| 3 years15.75% annualised | ₹3,60,000 | ₹4,62,430 | 28.45% | |
| 5 years9.67% annualised | ₹6,00,000 | ₹7,73,840 | 28.97% |
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.