NIFTY COMMODITIES TRI · Sectoral / Thematic· NAV-verified
SBI Comma Fund
₹1,208 cr across 40 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: +9% over 1 year against the median Sectoral / Thematic fund's +2%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| SBI Comma Fund | −1% | +9% | +14% | +9% |
| Median Sectoral / Thematic fund | −2% | +2% | +12% | +11% |
+32%Q3 FY24+44%Q4 FY24+44%Q1 FY25+44%Q2 FY25+10%Q3 FY25+5%Q4 FY25+4%Q1 FY26−6%Q2 FY26+12%Q3 FY26+11%Q4 FY26+9%Q1 FY27+9%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 |
|---|---|---|
| Vedanta Ltd. | +2.0 pp | −0.1 pp |
| Sudeep Pharma Ltd. | +1.9 pp | −0.0 pp |
| Steel Authority of India Ltd. | +1.8 pp | 0.0 pp |
| Tata Steel Ltd. | +1.8 pp | −0.0 pp |
| Arvind Ltd. | +1.7 pp | −0.1 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| Ambuja Cements Ltd. | −0.7 pp | −0.1 pp |
| Nuvoco Vistas Corporation Ltd. | −0.7 pp | +0.1 pp |
| UPL Ltd. | −0.7 pp | −0.1 pp |
| Clean Science & Technology Ltd. | −0.6 pp | −0.1 pp |
| CESC Ltd. | −0.6 pp | −0.3 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| Sudeep Pharma Limited | Healthcare | 6.86% | ₹83 cr | 3 mo | +37% |
| Tata Steel | Metals & Mining | 6.52% | ₹79 cr | 62 mo | +1% |
| JSW Steel | Metals & Mining | 5.19% | ₹63 cr | 29 mo | +14% |
| O N G C | Oil, Gas & Consumable Fuels | 4.24% | ₹51 cr | 62 mo | -3% |
| CESC Limited | Power | 3.51% | ₹42 cr | 25 mo | -26% |
| Arvind Ltd | Textiles | 3.40% | ₹41 cr | 30 mo | +65% |
| Gokaldas Exports Limited | Textiles | 3.32% | ₹40 cr | 6 mo | -6% |
| UltraTech Cement Limited | Construction Materials | 3.08% | ₹37 cr | 62 mo | +48% |
| VAML | Metals & Mining | 2.96% | ₹36 cr | 6 mo | +33% |
| Oil India | Oil, Gas & Consumable Fuels | 2.92% | ₹35 cr | 32 mo | -14% |
| NMDC Limited | Metals & Mining | 2.62% | ₹32 cr | 25 mo | -1% |
| Clean Science and Technology Limited | Chemicals | 2.59% | ₹31 cr | 14 mo | -13% |
| UPL Limited | Chemicals | 2.41% | ₹29 cr | 15 mo | -21% |
| Coal India | Oil, Gas & Consumable Fuels | 2.29% | ₹28 cr | 55 mo | +77% |
| Paradeep Phosphates Limited | Chemicals | 2.17% | ₹26 cr | 3 mo | -0% |
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) | 5 mo (3–30) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (24 exits) | 67% · payoff 1.6× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Mixed |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 24× · 21% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices (P/E covers 95% of equity) | 32.5× P/E · 4.4× P/B · 1% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 40 positions | 17 in · 8 out |
| Concentration | Top 10 holdings' share; effective number of positions | 42% · ~29 effective |