NIFTY 50 TRI · Sectoral / Thematic· NAV-verified
SBI Equity Minimum Variance Fund
₹194 cr across 50 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: −5% over 1 year against the median Sectoral / Thematic fund's +2%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund | −5% | −5% | +6% | +7% |
| Median Sectoral / Thematic fund | −2% | +2% | +12% | +11% |
+28%Q3 FY24+38%Q4 FY24+29%Q1 FY25+39%Q2 FY25+8%Q3 FY250%Q4 FY25+2%Q1 FY26−11%Q2 FY26+7%Q3 FY26−3%Q4 FY26−2%Q1 FY27−5%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 |
|---|---|---|
| Nestle India Ltd. | +1.4 pp | −1.0 pp |
| Shriram Finance Ltd. | +0.6 pp | −0.1 pp |
| Sun Pharmaceutical Industries Ltd. | +0.5 pp | −0.7 pp |
| Hindalco Industries Ltd. | +0.4 pp | −0.1 pp |
| Titan Company Ltd. | +0.3 pp | −0.1 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| ITC Ltd. | −2.9 pp | +0.1 pp |
| Hindustan Unilever Ltd. | −2.0 pp | −0.3 pp |
| Tata Consultancy Services Ltd. | −0.7 pp | −0.2 pp |
| HDFC Bank Ltd. | −0.7 pp | −0.0 pp |
| Tata Consumer Products Ltd. | −0.7 pp | −0.4 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| Sun Pharmaceutical Industries Limited | Healthcare | 8.25% | ₹16 cr | 62 mo | +42% |
| Apollo Hospitals Enterprise Limited | Healthcare | 7.98% | ₹16 cr | 54 mo | +1% |
| Nestle India Limited | Fast Moving Consumer Goods | 7.70% | ₹15 cr | 62 mo | +22% |
| Hindustan Unilever Limited | Fast Moving Consumer Goods | 5.80% | ₹11 cr | 62 mo | -25% |
| ITC Limited | Fast Moving Consumer Goods | 5.36% | ₹10 cr | 62 mo | -34% |
| Coal India | Oil, Gas & Consumable Fuels | 4.89% | ₹10 cr | 62 mo | +10% |
| Cipla Limited | Healthcare | 4.82% | ₹9 cr | 62 mo | +7% |
| Tata Consumer Products Limited | Fast Moving Consumer Goods | 4.77% | ₹9 cr | 62 mo | -16% |
| Tech Mahindra Limited | Information Technology | 4.58% | ₹9 cr | 62 mo | -2% |
| Dr. Reddy's Laboratories Limited | Healthcare | 3.55% | ₹7 cr | 62 mo | +9% |
| Bharti Airtel Limited | Telecommunication | 1.95% | ₹4 cr | 62 mo | +40% |
| Asian Paints Limited | Consumer Durables | 1.39% | ₹3 cr | 62 mo | -8% |
| Eternal Ltd | Consumer Services | 1.22% | ₹2 cr | 18 mo | +33% |
| HCL Technologies Limited | Information Technology | 1.21% | ₹2 cr | 62 mo | -9% |
| Bajaj Auto | Automobile and Auto Components | 1.17% | ₹2 cr | 62 mo | +90% |
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) | 34 mo (5–44) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (10 exits) | 40% · payoff 1.7× |
| 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× | 68× · 56% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 43.7× P/E · 11.0× P/B · 1% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 50 positions | 4 in · 4 out |
| Concentration | Top 10 holdings' share; effective number of positions | 58% · ~25 effective |