BSE 500 TRI · Focused· NAV-verified
SBI Focused Fund
₹50,180 cr across 24 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: +10% over 1 year against the median Focused fund's 0%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| SBI Focused Fund | +1% | +10% | +14% | +10% |
| Median Focused fund | −2% | 0% | +10% | +10% |
+22%Q3 FY24+34%Q4 FY24+31%Q1 FY25+31%Q2 FY25+17%Q3 FY25+11%Q4 FY25+10%Q1 FY26+3%Q2 FY26+16%Q3 FY26+3%Q4 FY26+8%Q1 FY27+10%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| Adani Energy Solutions Ltd. | +2.3 pp | −0.3 pp |
| Sona Blw Precision Forgings Ltd. | +1.6 pp | +0.1 pp |
| Solar Industries India Ltd. | +1.4 pp | −0.1 pp |
| State Bank of India | +1.1 pp | −0.5 pp |
| Lenskart Solutions Ltd. | +1.0 pp | +0.1 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| HDFC Bank Ltd. | −1.4 pp | 0.0 pp |
| Procter & Gamble Hygiene and Health Care Ltd. | −1.4 pp | −0.2 pp |
| Jubilant Foodworks Ltd. | −1.0 pp | −0.2 pp |
| Adani Power Ltd. | −0.6 pp | +0.1 pp |
| Vishal Mega Mart Ltd. | −0.6 pp | −0.1 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| Bajaj Finance Limited | Financial Services | 8.99% | ₹4,509 cr | 12 mo | -7% |
| ICICI Bank | Financial Services | 7.11% | ₹3,569 cr | 6 mo | +5% |
| Kotak Mahindra Bank Limited | Financial Services | 5.82% | ₹2,919 cr | 28 mo | +13% |
| State Bank of India | Financial Services | 5.16% | ₹2,591 cr | 61 mo | +32% |
| Muthoot Finance Limited | Financial Services | 4.97% | ₹2,492 cr | 62 mo | +53% |
| Bharti Airtel Limited | Telecommunication | 4.90% | ₹2,460 cr | 7 mo | -2% |
| Adani Power | Power | 4.47% | ₹2,244 cr | 12 mo | +29% |
| Solar Industries India Limited | Chemicals | 4.32% | ₹2,167 cr | 62 mo | +961% |
| Adani Energy Solutions Limited | Power | 3.93% | ₹1,972 cr | 14 mo | +72% |
| Life Insurance Corporation Of India | Financial Services | 3.31% | ₹1,660 cr | 2 mo | -5% |
| Sona BLW Precision Forgings Limited | Automobile and Auto Components | 3.14% | ₹1,577 cr | 25 mo | +39% |
| Adani Enterprises Limited | Metals & Mining | 3.04% | ₹1,524 cr | 4 mo | -4% |
| Meesho Limited | Consumer Services | 2.63% | ₹1,322 cr | 10 mo | +30% |
| Lenskart Solutions Limited | Consumer Services | 2.42% | ₹1,215 cr | 12 mo | +66% |
| Divi's Laboratories Limited | Healthcare | 2.41% | ₹1,208 cr | 62 mo | +106% |
How this fund actually behaves
Computed from every filed monthly portfolio (62 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 30 mo (13–45) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (20 exits) | 55% · payoff 1.6× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 39× · 43% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 42.3× P/E · 8.0× P/B |
| Churn | Stocks entered and exited in 12 months, of 24 positions | 10 in · 11 out |
| Concentration | Top 10 holdings' share; effective number of positions | 53% · ~18 effective |