This is the Direct plan of SBI Focused Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.
Not enough Focused Fund peers to rank yet
Volatility 12.1% (no category average yet)
0.8% expense (no category average yet)
99% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 99% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Focused Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.33% | — | — |
| 3M abs | -1.10% | — | — |
| 6M abs | +12.02% | — | — |
| 1Y CAGR | +8.49% | — | — |
| 3Y CAGR | +14.35% | — | — |
| 5Y CAGR | +10.91% | — | — |
Category average across peers in Focused Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into SBI Focused Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +1.15% | -7.18% | +8.33% | |
| 2025 | +16.62% | +7.94% | +8.68% | |
| 2024 | +18.14% | +16.43% | +1.71% | |
| 2023 | +23.34% | +27.43% | -4.09% | |
| 2022 | -7.56% | +4.34% | -11.90% | |
| 2021 | +44.53% | +31.59% | +12.94% | |
| 2020 | +15.77% | +18.33% | -2.56% | |
| 2019 | +17.18% | +8.95% | +8.23% | |
| 2018 | -12.53% | -2.33% | -10.20% | |
| 2017 | +32.95% | +37.35% | -4.40% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity82.42%
- Debt11.37%
- Cash & Equivalents6.21%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹44,948Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.
Fund Managers
RSR SrinivasanStart date not disclosed
Chief Investment Officer Equity
M.Com & MFM
Experience of more than 30 years in equities. Prior to joining SBI Funds Management Ltd., Srinivasan was with Future Capital Holdings, the erstwhile asset management and financial services entity of the Future Group, where he headed ‘Public Markets’. Prior to that, he has worked with several organizations including Principal PNB AMC, Imperial Investment Advisors (associate of Oppenheimer & Co), Indosuez W. I. Carr Securities, Motilal Oswal Securities, Sunidhi Consultancy and Capital Market Publishers. Presently, Srinivasan is the Chief Investment Officer – Equity and Fund Manager for SBI Multicap Fund, SBI Focused Equity Fund, SBI Small cap Fund, SBI Equity Hybrid Fund (equity portion), SBI Magnum Children's Benefit Fund - Savings Plan (equity portion), SBI Magnum Children's Benefit Fund - Investment Plan (equity portion).
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Focused funds
Focused funds hold a concentrated portfolio of at most 30 stocks. Higher conviction can mean higher returns, but a few positions carry more of the outcome — so more concentration risk.
Frequently asked questions
What is the NAV of SBI Focused Fund?
As of 01 Oct 2026, the NAV of SBI Focused Fund is ₹105.84 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Focused Fund delivered?
SBI Focused Fund has returned +8.49% over 1 year, +14.35% per year over 3 years, +10.91% per year over 5 years and +12.90% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of SBI Focused Fund?
SBI Focused Fund charges an expense ratio of 0.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of SBI Focused Fund?
SBI Focused Fund's largest holdings are Bajaj Finance Ltd. (8.5%), ICICI Bank Ltd. (7.7%), Alphabet Inc. (7.0%), Kotak Mahindra Bank Ltd. (5.7%) and State Bank of India (5.6%). Holdings are disclosed monthly and change over time.
How risky is SBI Focused Fund?
SBI Focused Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.1% and its worst peak-to-trough fall in our sample was -32.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.65 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Focused Fund's 0.65 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of SBI Focused Fund?
SBI Focused Fund is benchmarked against the S&P BSE 500 Index. Its alpha and beta on this page are measured against that index.
Who manages SBI Focused Fund?
SBI Focused Fund is managed by R Srinivasan at SBI.
How is SBI Focused Fund taxed?
SBI Focused Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.