SBI Innovative Opportunities Fund
- NAV as on 9 Nov 2026
- ₹10.90+1.06%1 day
- Return since launch
- 3.2%
- 52-week range
- ₹8.13 — ₹10.91
- AUM
- ₹5,084 Cr
SBI Innovative Opportunities Fund is a Thematic-Innovation equity fund from SBI Mutual Fund with ₹5,084 Cr under management, launched in 2024. The expense ratio is 2.02% 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 +11.5% against +6.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 26.0% | +17.9 pts | 8.2% | 14.0% |
| 2Y | 13.6% | +2.7 pts | 10.9% | 10.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.8% | +1.3 pts | 3.5% | 3.7% |
| 3M | 4.0% | +4.4 pts | -0.4% | -1.2% |
| 6M | 18.2% | +8.5 pts | 9.7% | 8.2% |
| 1Y | 11.2% | +3.0 pts | 8.2% | 6.9% |
| 2Y | 6.3% | +0.4 pts | 5.9% | 5.9% |
Since launch (29 Jul 2024): 3.2%
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
2.00%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.59%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.37%
- 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 30 Sep 2026
Asset allocation
- Equity97.2%
- Debt0.1%
- Other2.7%
Market cap split
- Large29.2%
- Mid26.1%
- Small44.7%
- P/E
- 54.55
- P/B
- 6.42
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 9.05% | ₹464 Cr | +8.22% | +8.14% | +9.19% |
| TBO Tek Ltd. | Services | 6.63% | ₹340 Cr | +5.60% | +6.02% | +7.63% |
| Divi's Laboratories Ltd. | Healthcare | 5.44% | ₹279 Cr | +3.83% | +3.96% | +4.95% |
| Meesho Ltd. | Services | 5.29% | ₹271 Cr | +4.45% | +3.71% | — |
| FSN E-Commerce Ventures Ltd. | Services | 5.00% | ₹256 Cr | +4.83% | +4.17% | +4.78% |
| BlackBuck Ltd. | Services | 4.74% | ₹243 Cr | +4.12% | +5.12% | +8.17% |
| Bajaj Finance Ltd. | Financial | 4.68% | ₹240 Cr | +4.88% | +2.94% | +2.40% |
| Ather Energy Ltd. | Automobile | 4.59% | ₹235 Cr | +4.43% | +5.23% | +2.58% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.54% | ₹182 Cr | — | — | — |
| Urban Company Ltd. | Consumer Staples | 3.53% | ₹181 Cr | +2.93% | +3.03% | +1.55% |
| Firstsource Solutions Ltd. | Services | 3.49% | ₹179 Cr | +3.50% | +3.58% | +3.86% |
| Swiggy Ltd. | Services | 3.42% | ₹175 Cr | +2.32% | +2.89% | — |
| Amagi Media Labs Ltd. | Technology | 3.14% | ₹161 Cr | +1.57% | +1.05% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 3.10% | ₹159 Cr | +2.55% | +1.53% | — |
| Info Edge (India) Ltd. | Services | 2.86% | ₹146 Cr | +2.28% | +2.58% | +3.54% |
| Coforge Ltd. | Technology | 2.73% | ₹140 Cr | +2.28% | — | — |
| Others | Others | 2.71% | ₹139 Cr | -0.50% | -0.54% | +4.70% |
| One 97 Communications Ltd. | Services | 2.66% | ₹136 Cr | — | — | — |
| Bajaj Finserv Ltd. | Financial | 2.20% | ₹113 Cr | +2.25% | +2.36% | +1.90% |
| Indegene Ltd. | Healthcare | 1.73% | ₹88.61 Cr | +2.13% | +2.02% | +1.71% |
| Mahindra & Mahindra Ltd. | Automobile | 1.73% | ₹88.50 Cr | — | — | +0.75% |
| Pine Labs Ltd. | Financial | 1.68% | ₹85.90 Cr | +1.52% | +0.87% | — |
| Physicswallah Ltd. | Services | 1.64% | ₹84.03 Cr | +1.52% | +1.23% | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.62% | ₹83.00 Cr | +1.20% | +2.58% | +1.45% |
| Grindwell Norton Ltd. | Metals & Mining | 1.56% | ₹79.76 Cr | +1.68% | +1.20% | +0.93% |
| Go Digit General Insurance Ltd. | Insurance | 1.54% | ₹78.77 Cr | +1.90% | +2.19% | +1.53% |
| Hexaware Technologies Ltd. | Technology | 1.45% | ₹74.24 Cr | +1.50% | +1.42% | +0.54% |
| PB Fintech Ltd. | Services | 0.99% | ₹50.72 Cr | +1.51% | +1.51% | +1.44% |
| BSE Ltd. | Services | 0.90% | ₹46.38 Cr | — | — | — |
| Acutaas Chemicals Ltd. | Healthcare | 0.90% | ₹45.91 Cr | +0.96% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.85% | ₹43.52 Cr | +0.93% | — | — |
| Shiprocket Ltd. | Technology | 0.85% | ₹43.36 Cr | — | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 0.83% | ₹42.60 Cr | +0.62% | +0.69% | — |
| Happiest Minds Technologies Ltd. | Technology | 0.75% | ₹38.60 Cr | +1.99% | +2.94% | +3.17% |
| NIIT Learning Systems Ltd. | Services | 0.60% | ₹30.97 Cr | +1.49% | +1.92% | +1.86% |
| Honeywell Automation India Ltd. | Capital Goods | 0.50% | ₹25.48 Cr | +2.31% | +1.75% | +2.99% |
| Route Mobile Ltd. | Technology | 0.43% | ₹22.25 Cr | +1.51% | +1.89% | +3.69% |
| TeamLease Services Ltd. | Services | 0.41% | ₹21.12 Cr | +1.20% | +1.07% | +1.78% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.16% | ₹8.23 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.10% | ₹4.96 Cr | +0.10% | +0.11% | +0.07% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -1.60% | -0.18% | +1.42% |
| Thermax Ltd. | 1.42% | 0.00% | -1.42% |
| Happiest Minds Technologies Ltd. | 1.96% | 0.75% | -1.21% |
| BSE Ltd. | 0.00% | 0.90% | +0.90% |
| Swiggy Ltd. | 2.57% | 3.42% | +0.85% |
| Meesho Ltd. | 4.45% | 5.29% | +0.84% |
| PB Fintech Ltd. | 1.63% | 0.99% | -0.64% |
| Ather Energy Ltd. | 5.16% | 4.59% | -0.57% |
| SEDEMAC Mechatronics Ltd. | 2.55% | 3.10% | +0.55% |
| BlackBuck Ltd. | 4.32% | 4.74% | +0.42% |
| Eternal Ltd. | 8.66% | 9.05% | +0.39% |
| NIIT Learning Systems Ltd. | 0.94% | 0.60% | -0.34% |
| Physicswallah Ltd. | 1.34% | 1.64% | +0.30% |
| Divi's Laboratories Ltd. | 5.17% | 5.44% | +0.27% |
| TBO Tek Ltd. | 6.41% | 6.63% | +0.22% |
| Bajaj Finserv Ltd. | 2.39% | 2.20% | -0.19% |
| Pine Labs Ltd. | 1.49% | 1.68% | +0.19% |
| Sheela Foam Ltd. | 0.00% | 0.16% | +0.16% |
| Coforge Ltd. | 2.89% | 2.73% | -0.16% |
| Sona BLW Precision Forgings Ltd. | 1.48% | 1.62% | +0.14% |
| Bajaj Finance Ltd. | 4.81% | 4.68% | -0.13% |
| Firstsource Solutions Ltd. | 3.37% | 3.49% | +0.12% |
| One 97 Communications Ltd. | 2.54% | 2.66% | +0.12% |
| Go Digit General Insurance Ltd. | 1.42% | 1.54% | +0.12% |
| Amagi Media Labs Ltd. | 3.03% | 3.14% | +0.11% |
| FSN E-Commerce Ventures Ltd. | 5.09% | 5.00% | -0.09% |
| Grindwell Norton Ltd. | 1.47% | 1.56% | +0.09% |
| Acutaas Chemicals Ltd. | 0.81% | 0.90% | +0.09% |
| Lenskart Solutions Ltd. | 0.75% | 0.83% | +0.08% |
| Hexaware Technologies Ltd. | 1.52% | 1.45% | -0.07% |
| Sun Pharmaceutical Industries Ltd. | 3.61% | 3.54% | -0.07% |
| Shiprocket Ltd. | 0.91% | 0.85% | -0.06% |
| Mahindra & Mahindra Ltd. | 1.79% | 1.73% | -0.06% |
| Indegene Ltd. | 1.67% | 1.73% | +0.06% |
| Urban Company Ltd. | 3.49% | 3.53% | +0.04% |
| Tempsens Instruments (India) Ltd. | 0.03% | 0.00% | -0.03% |
| Route Mobile Ltd. | 0.46% | 0.43% | -0.03% |
| Billionbrains Garage Ventures Ltd. | 0.83% | 0.85% | +0.02% |
| TeamLease Services Ltd. | 0.43% | 0.41% | -0.02% |
| Info Edge (India) Ltd. | 2.87% | 2.86% | -0.01% |
| Honeywell Automation India Ltd. | 0.49% | 0.50% | +0.01% |
| Reserve Bank of India | 0.09% | 0.10% | +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 | ₹3,455 Cr | 2.15% | 14.2% | 10.7% | 15.2% |
 ICICI Prudential Innovation Fund | ₹7,434 Cr | 2.16% | 5.1% | 7.8% | — |
 Kotak Pioneer Fund | ₹4,295 Cr | 1.90% | 11.4% | 11.5% | 15.6% |
 Nippon India Innovation Fund | ₹2,923 Cr | 2.10% | 5.8% | 5.8% | — |
 Axis Innovation Fund | ₹1,315 Cr | 2.27% | 24.9% | 14.3% | 14.9% |
 Union Innovation & Opportunities Fund | ₹1,307 Cr | 2.31% | 23.9% | 14.2% | — |
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 months18.17% absolute | ₹60,000 | ₹70,902 | 18.17% | |
| 1 year11.18% annualised | ₹1,20,000 | ₹1,27,521 | 6.27% |
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.