SBI Innovative Opportunities Fund
- NAV as on 25 Sep 2026
- ₹10.57-0.15%1 day
- Return since launch
- 3.6%
- 52-week range
- ₹8.13 — ₹10.91
- AUM
- ₹5,493 Cr
SBI Innovative Opportunities Fund is a Thematic-Innovation equity fund from SBI Mutual Fund with ₹5,493 Cr under management, launched in 2024. The expense ratio is 2.00% and the SEBI riskometer reading is Very High.
Performance
SBI Innovative Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +9.7% against +8.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 21.8% | +12.0 pts | 9.8% | 14.2% |
| 2Y | 11.1% | +0.2 pts | 10.9% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.4% | +0.1 pts | -2.5% | -2.9% |
| 3M | 10.5% | +4.9 pts | 5.7% | 4.2% |
| 6M | 26.8% | +4.5 pts | 22.3% | 20.5% |
| 1Y | 9.7% | −0.1 pts | 9.8% | 8.5% |
| 2Y | 1.3% | −1.1 pts | 2.4% | 2.6% |
Since launch (29 Jul 2024): 3.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -2.2% | −4.6 pts | 2.4% |
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
2.02%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.59%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- 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 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.
Portfolio
SBI Innovative Opportunities Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.2%
- Debt0.1%
- Other3.7%
Market cap split
- Large28.3%
- Mid26.7%
- Small45.0%
- P/E
- 55.82
- P/B
- 6.65
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 8.66% | ₹476 Cr | +8.12% | +7.93% | +8.40% |
| TBO Tek Ltd. | Services | 6.41% | ₹352 Cr | +5.03% | +6.91% | +6.20% |
| Divi's Laboratories Ltd. | Healthcare | 5.17% | ₹284 Cr | +4.05% | +3.87% | +5.05% |
| Ather Energy Ltd. | Automobile | 5.16% | ₹283 Cr | +3.91% | +4.47% | +1.94% |
| FSN E-Commerce Ventures Ltd. | Services | 5.09% | ₹280 Cr | +4.25% | +4.27% | +4.49% |
| Bajaj Finance Ltd. | Financial | 4.81% | ₹264 Cr | +4.60% | +3.31% | +2.00% |
| Meesho Ltd. | Services | 4.45% | ₹245 Cr | +4.42% | +3.83% | — |
| BlackBuck Ltd. | Services | 4.32% | ₹238 Cr | +4.14% | +5.86% | +9.02% |
| Others | Others | 3.69% | ₹202 Cr | -0.66% | -0.52% | -2.94% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.61% | ₹198 Cr | — | — | +2.23% |
| Urban Company Ltd. | Consumer Staples | 3.49% | ₹192 Cr | +2.79% | +2.46% | — |
| Firstsource Solutions Ltd. | Services | 3.37% | ₹185 Cr | +4.20% | +3.38% | +3.90% |
| Amagi Media Labs Ltd. | Technology | 3.03% | ₹166 Cr | +1.17% | +1.11% | — |
| Coforge Ltd. | Technology | 2.89% | ₹159 Cr | +2.30% | — | — |
| Info Edge (India) Ltd. | Services | 2.87% | ₹158 Cr | +2.42% | +2.49% | +3.48% |
| Swiggy Ltd. | Services | 2.57% | ₹141 Cr | +2.61% | +3.04% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 2.55% | ₹140 Cr | +1.97% | — | — |
| One97 Communications Ltd. | Services | 2.54% | ₹140 Cr | — | — | — |
| Bajaj Finserv Ltd. | Financial | 2.39% | ₹131 Cr | +2.35% | +2.61% | +1.72% |
| Happiest Minds Technologies Ltd. | Technology | 1.96% | ₹108 Cr | +2.26% | +2.66% | +3.68% |
| company:2244 | Automobile | 1.79% | ₹98.46 Cr | — | — | +0.66% |
| Indegene Ltd. | Healthcare | 1.67% | ₹91.75 Cr | +2.21% | +2.09% | +1.57% |
| PB Fintech Ltd. | Services | 1.63% | ₹89.38 Cr | +1.64% | +1.42% | +1.42% |
| Hexaware Technologies Ltd. | Technology | 1.52% | ₹83.35 Cr | +1.55% | +1.43% | +0.58% |
| Pine Labs Ltd. | Financial | 1.49% | ₹82.02 Cr | +1.46% | +0.96% | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.48% | ₹81.31 Cr | +1.23% | +2.60% | +2.40% |
| Grindwell Norton Ltd. | Metals & Mining | 1.47% | ₹80.92 Cr | +1.49% | +1.34% | +1.48% |
| Go Digit General Insurance Ltd. | Insurance | 1.42% | ₹77.97 Cr | +1.88% | +2.05% | +1.50% |
| Thermax Ltd. | Capital Goods | 1.42% | ₹78.03 Cr | +4.04% | +2.86% | +2.02% |
| Physicswallah Ltd. | Services | 1.34% | ₹73.52 Cr | +1.37% | — | — |
| NIIT Learning Systems Ltd. | Services | 0.94% | ₹51.57 Cr | +1.37% | +2.24% | +1.76% |
| company:20795 | Technology | 0.91% | ₹50.11 Cr | — | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.83% | ₹45.45 Cr | +0.89% | — | — |
| Acutaas Chemicals Ltd. | Healthcare | 0.81% | ₹44.25 Cr | +0.89% | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.75% | ₹41.19 Cr | +0.66% | +0.67% | — |
| Honeywell Automation India Ltd. | Capital Goods | 0.49% | ₹27.05 Cr | +2.16% | +3.54% | +3.04% |
| Route Mobile Ltd. | Technology | 0.46% | ₹25.00 Cr | +1.69% | +2.12% | +3.93% |
| TeamLease Services Ltd. | Services | 0.43% | ₹23.60 Cr | +1.20% | +1.05% | +1.69% |
| Reserve Bank of India | Financial | 0.09% | ₹4.94 Cr | +0.10% | +0.10% | +0.07% |
| company:20818 | Capital Goods | 0.03% | ₹1.84 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Lupin Ltd. | 2.32% | 0.00% | -2.32% |
| Abbott India Ltd. | 1.84% | 0.00% | -1.84% |
| company:2244 | 0.00% | 1.79% | +1.79% |
| Honeywell Automation India Ltd. | 2.01% | 0.49% | -1.52% |
| One97 Communications Ltd. | 1.03% | 2.54% | +1.51% |
| Amagi Media Labs Ltd. | 1.81% | 3.03% | +1.22% |
| Thermax Ltd. | 2.48% | 1.42% | -1.06% |
| company:20795 | 0.00% | 0.91% | +0.91% |
| Firstsource Solutions Ltd. | 4.07% | 3.37% | -0.70% |
| Bajaj Finance Ltd. | 5.49% | 4.81% | -0.68% |
| Urban Company Ltd. | 2.86% | 3.49% | +0.63% |
| Others | -1.01% | -1.60% | -0.59% |
| Divi's Laboratories Ltd. | 4.65% | 5.17% | +0.52% |
| Route Mobile Ltd. | 0.97% | 0.46% | -0.51% |
| TBO Tek Ltd. | 5.94% | 6.41% | +0.47% |
| Ather Energy Ltd. | 4.85% | 5.16% | +0.31% |
| TeamLease Services Ltd. | 0.73% | 0.43% | -0.30% |
| Meesho Ltd. | 4.17% | 4.45% | +0.28% |
| Coforge Ltd. | 2.65% | 2.89% | +0.24% |
| Eternal Ltd. | 8.43% | 8.66% | +0.23% |
| Sun Pharmaceutical Industries Ltd. | 3.83% | 3.61% | -0.22% |
| SEDEMAC Mechatronics Ltd. | 2.34% | 2.55% | +0.21% |
| NIIT Learning Systems Ltd. | 1.12% | 0.94% | -0.18% |
| Physicswallah Ltd. | 1.52% | 1.34% | -0.18% |
| Swiggy Ltd. | 2.74% | 2.57% | -0.17% |
| Grindwell Norton Ltd. | 1.63% | 1.47% | -0.16% |
| PB Fintech Ltd. | 1.47% | 1.63% | +0.16% |
| BlackBuck Ltd. | 4.17% | 4.32% | +0.15% |
| Bajaj Finserv Ltd. | 2.54% | 2.39% | -0.15% |
| Pine Labs Ltd. | 1.34% | 1.49% | +0.15% |
| Happiest Minds Technologies Ltd. | 2.10% | 1.96% | -0.14% |
| Hexaware Technologies Ltd. | 1.62% | 1.52% | -0.10% |
| Indegene Ltd. | 1.58% | 1.67% | +0.09% |
| Lenskart Solutions Ltd. | 0.67% | 0.75% | +0.08% |
| Go Digit General Insurance Ltd. | 1.48% | 1.42% | -0.06% |
| Billionbrains Garage Ventures Ltd. | 0.88% | 0.83% | -0.05% |
| FSN E-Commerce Ventures Ltd. | 5.13% | 5.09% | -0.04% |
| Info Edge (India) Ltd. | 2.83% | 2.87% | +0.04% |
| company:20818 | 0.00% | 0.03% | +0.03% |
| Acutaas Chemicals Ltd. | 0.84% | 0.81% | -0.03% |
| Reserve Bank of India | 0.09% | 0.09% | 0.00% |
| Sona BLW Precision Forgings Ltd. | 1.48% | 1.48% | 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 | ₹3,622 Cr | 2.16% | 16.8% | 12.5% | 16.5% |
 ICICI Prudential Innovation Fund | ₹8,012 Cr | 2.18% | 4.7% | 9.2% | — |
 Kotak Pioneer Fund | ₹4,281 Cr | 1.91% | 19.9% | 15.1% | 17.6% |
 Nippon India Innovation Fund | ₹3,108 Cr | 2.07% | 7.5% | 7.5% | — |
 Axis Innovation Fund | ₹1,363 Cr | 2.28% | 27.8% | 15.6% | 15.4% |
 Union Innovation & Opportunities Fund | ₹1,344 Cr | 2.36% | 24.0% | 14.9% | — |
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 capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme.
Fund managers
- Vivek GeddaMr. Gedda has done B.Tech, M.Sc and MBAPrior to joining SBI Mutual Fund, he has worked with HSBC Securities and Capital Markets India Ltd. and HSBC Electronic Data Processsing India Pvt. Ltd.
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 months26.83% absolute | ₹60,000 | ₹76,098 | 26.83% | |
| 1 year9.69% annualised | ₹1,20,000 | ₹1,26,489 | 5.41% |
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.