SBI Focused Fund
- NAV as on 23 Sep 2026
- ₹396.59+0.14%1 day
- Return since launch
- 18.2%
- 52-week range
- ₹334.93 — ₹409.52
- AUM
- ₹51,248 Cr
SBI Focused Fund is a Focused equity fund from SBI Mutual Fund with ₹51,248 Cr under management, launched in 2004. Over three years it has returned 12.2% a year, against 11.3% for its category. The expense ratio is 1.60% 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 +11.2% against +1.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.6% | +7.7 pts | 1.9% | 0.8% |
| 2Y | 11.1% | +8.0 pts | 3.1% | 1.9% |
| 3Y | 12.2% | +1.0 pts | 11.3% | 4.6% |
| 5Y | 13.6% | +4.2 pts | 9.3% | 9.1% |
| 7Y | 15.2% | +2.5 pts | 12.7% | 12.0% |
| 10Y | 14.9% | +2.6 pts | 12.3% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.3% | +1.6 pts | -3.9% | -3.9% |
| 3M | 2.9% | +2.8 pts | 0.2% | -0.1% |
| 6M | 15.3% | +5.4 pts | 9.8% | 8.5% |
| 1Y | 10.3% | +8.4 pts | 1.9% | 0.3% |
| 2Y | 7.0% | +8.7 pts | -1.7% | -2.3% |
| 3Y | 14.8% | +3.6 pts | 11.3% | 10.3% |
| 5Y | 10.4% | +1.1 pts | 9.3% | 8.6% |
| 7Y | 15.5% | +1.6 pts | 13.9% | 13.4% |
| 10Y | 14.1% | +1.9 pts | 12.3% | 11.2% |
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
1.59%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.23%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- 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 | 4.58 | 5.16 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.82 | 1.00 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.74 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.09 | 0.97 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.88 | 16.35 | 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 31 Aug 2026
Asset allocation
- Equity92.9%
- Debt0.9%
- Other6.2%
Market cap split
- Large76.3%
- Mid18.8%
- Small4.9%
- P/E
- 21.01
- P/B
- 3.89
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Bajaj Finance Ltd. | Financial | 8.46% | ₹4,334 Cr | +4.96% | +4.12% | — |
| ICICI Bank Ltd. | Financial | 7.66% | ₹3,926 Cr | +7.28% | — | +4.07% |
| Alphabet Inc Class A | Services | 6.95% | ₹3,563 Cr | +8.56% | +9.17% | +6.93% |
| Others | Others | 6.21% | ₹3,178 Cr | +0.09% | +0.12% | +0.12% |
| Kotak Mahindra Bank Ltd. | Financial | 5.73% | ₹2,936 Cr | +5.77% | +4.31% | +4.67% |
| State Bank of India | Financial | 5.58% | ₹2,862 Cr | +6.21% | +6.38% | +4.94% |
| Bharti Airtel Ltd. | Communication | 4.95% | ₹2,537 Cr | +5.49% | — | — |
| Muthoot Finance Ltd. | Financial | 4.76% | ₹2,439 Cr | +5.02% | +5.42% | +4.89% |
| Solar Industries India Ltd. | Chemicals | 4.32% | ₹2,212 Cr | +4.34% | +3.43% | +4.02% |
| Adani Power Ltd. | Energy | 4.25% | ₹2,178 Cr | +6.43% | +3.68% | — |
| Adani Energy Solutions Ltd. | Energy | 4.15% | ₹2,126 Cr | +4.92% | +3.54% | +3.07% |
| EPAM Systems Inc | Technology | 3.49% | ₹1,788 Cr | +3.33% | +2.66% | +4.51% |
| company:5765 | Insurance | 3.43% | ₹1,756 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 3.01% | ₹1,545 Cr | +2.48% | +2.10% | +1.99% |
| Divi's Laboratories Ltd. | Healthcare | 2.90% | ₹1,486 Cr | +2.25% | +2.62% | +2.87% |
| Adani Enterprises Ltd. | Services | 2.73% | ₹1,401 Cr | — | — | — |
| Jubilant FoodWorks Ltd. | Services | 2.42% | ₹1,240 Cr | +1.93% | +2.52% | +3.49% |
| DLF Ltd. | Construction | 2.33% | ₹1,196 Cr | +1.97% | — | — |
| Meesho Ltd. | Services | 2.33% | ₹1,192 Cr | +2.28% | +1.85% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.29% | ₹1,175 Cr | +1.99% | +2.20% | — |
| Eicher Motors Ltd. | Automobile | 2.17% | ₹1,113 Cr | +2.16% | +3.14% | +3.39% |
| Hatsun Agro Product Ltd. | Consumer Staples | 2.14% | ₹1,095 Cr | +1.77% | +1.89% | +2.12% |
| Thermax Ltd. | Capital Goods | 1.75% | ₹897 Cr | +2.46% | +1.66% | +1.95% |
| Torrent Power Ltd. | Energy | 1.66% | ₹851 Cr | +2.13% | +2.53% | +2.27% |
| Vishal Mega Mart Ltd. | Services | 1.51% | ₹774 Cr | +1.83% | +1.90% | +2.77% |
| Procter & Gamble Hygiene and Health Care Ltd. | Consumer Staples | 1.40% | ₹718 Cr | +1.86% | +2.36% | +3.24% |
| Samvardhana Motherson International Ltd. | Automobile | 0.79% | ₹407 Cr | +0.86% | +2.45% | +1.95% |
| Bajaj Finserv Ltd. | Financial | 0.49% | ₹249 Cr | +3.83% | +4.60% | +5.07% |
| Reserve Bank of India | Financial | 0.14% | ₹74.16 Cr | +0.16% | +0.17% | +0.20% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5765 | 0.00% | 3.43% | +3.43% |
| Bajaj Finserv Ltd. | 2.35% | 0.49% | -1.86% |
| Adani Energy Solutions Ltd. | 4.93% | 4.15% | -0.78% |
| Bajaj Finance Ltd. | 9.20% | 8.46% | -0.74% |
| State Bank of India | 6.16% | 5.58% | -0.58% |
| Bharti Airtel Ltd. | 5.52% | 4.95% | -0.57% |
| Alphabet Inc Class A | 7.47% | 6.95% | -0.52% |
| Hatsun Agro Product Ltd. | 1.63% | 2.14% | +0.51% |
| Adani Power Ltd. | 4.65% | 4.25% | -0.40% |
| Muthoot Finance Ltd. | 4.36% | 4.76% | +0.40% |
| Divi's Laboratories Ltd. | 2.53% | 2.90% | +0.37% |
| Torrent Power Ltd. | 1.98% | 1.66% | -0.32% |
| Lenskart Solutions Ltd. | 1.99% | 2.29% | +0.30% |
| EPAM Systems Inc | 3.20% | 3.49% | +0.29% |
| Solar Industries India Ltd. | 4.04% | 4.32% | +0.28% |
| Kotak Mahindra Bank Ltd. | 5.46% | 5.73% | +0.27% |
| Jubilant FoodWorks Ltd. | 2.19% | 2.42% | +0.23% |
| Thermax Ltd. | 1.98% | 1.75% | -0.23% |
| Adani Enterprises Ltd. | 2.95% | 2.73% | -0.22% |
| Meesho Ltd. | 2.11% | 2.33% | +0.22% |
| Procter & Gamble Hygiene and Health Care Ltd. | 1.55% | 1.40% | -0.15% |
| Sona BLW Precision Forgings Ltd. | 2.92% | 3.01% | +0.09% |
| ICICI Bank Ltd. | 7.74% | 7.66% | -0.08% |
| DLF Ltd. | 2.28% | 2.33% | +0.05% |
| Eicher Motors Ltd. | 2.19% | 2.17% | -0.02% |
| Samvardhana Motherson International Ltd. | 0.81% | 0.79% | -0.02% |
| Others | 0.53% | 0.52% | -0.01% |
| Vishal Mega Mart Ltd. | 1.50% | 1.51% | +0.01% |
| Reserve Bank of India | 0.15% | 0.14% | -0.01% |
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 | ₹6,781 Cr | 2.23% | 6.5% | 8.8% | 14.0% |
 ICICI Prudential Focused Fund | ₹17,949 Cr | 2.15% | -3.5% | 6.9% | 13.4% |
 Invesco India Focused Fund | ₹6,454 Cr | 1.94% | 14.0% | 9.8% | 15.4% |
 Bandhan Focused Fund | ₹2,094 Cr | 2.22% | 10.8% | 9.6% | 13.1% |
 ITI Focused Fund | ₹629 Cr | 2.59% | 4.7% | 9.1% | — |
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 months15.25% absolute | ₹60,000 | ₹69,150 | 15.25% | |
| 1 year10.27% annualised | ₹1,20,000 | ₹1,26,890 | 5.74% | |
| 3 years14.84% annualised | ₹3,60,000 | ₹4,55,603 | 26.56% | |
| 5 years10.43% annualised | ₹6,00,000 | ₹7,90,042 | 31.67% |
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.