SBI Energy Opportunities Fund
This is the Direct plan of SBI Energy Opportunities Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 229 of 255 Sectoral/ Thematic peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How 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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Sectoral/ Thematic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 229 of the 255 Sectoral/ Thematic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Sectoral/ Thematic peers to rank yet
Volatility 18.1% vs 15.6% category avg
0.9% expense vs 1.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.91%) vs the Sectoral/ Thematic average of 1.27%
Concerns
- Trails the Sectoral/ Thematic average on 1M/3M/6M/1Y — 1Y by 3.10pp
- More volatile than its Sectoral/ Thematic peers (18.1% vs 15.6%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Sectoral/ Thematic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.00% | -4.47% | -0.53% |
| 3M abs | -5.59% | -2.31% | -3.28% |
| 6M abs | +5.72% | +12.09% | -6.37% |
| 1Y CAGR | +0.30% | +3.40% | -3.10% |
| 3Y CAGR | — | +13.80% | — |
| 5Y CAGR | — | +12.04% | — |
Category average across peers in Sectoral/ Thematic (up to 255 funds with data), 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.
Category rank
Vs 255 peers in Sectoral/ Thematic
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into SBI Energy Opportunities 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 | -2.22% | -7.18% | +4.96% | |
| 2025 | +5.90% | +7.94% | -2.04% | |
| 2024part | +3.05% | — | — |
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- Equity97.43%
- Cash & Equivalents2.51%
- Debt0.06%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹8,693Cr 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
RGRaj GandhiManaging since 26 Feb 2024
Fund Manager
CFA – CFA Institute, USA, Diploma in Business Finance – ICFAI University, Master management in Management Studies - Finance from K. Somaiya, Mumbai
Raj Gandhi joined SBIFML in October 2017 and focusses on tracking commodities and related sectors such as Energy, Metals (including precious metals). Prior to joining SBIFML, he was working with Sundaram Mutual Fund. Previously, he worked with Principal PNB asset company, Deutsche and UTI securities. Entire cumulative work experience of 14 years is centered around tracking commodities and related sectors. Raj J holds a Masters in Finance from KJ Somaiya Institute of Management. Raj is also a Charter holder of the CFA Institute, USA.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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.
Explore from here
SBI in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Amol Joshi Appointed Chief Financial Officer at SBI Funds Management Limited
hrtoday.in · 1d ago
SBI Aggressive Hybrid Fund Direct Growth
ClearTax · 2d ago
SBI Medium Term Fund Regular Growth
ClearTax · 3d ago
SBI Mutual Fund (SEOFIIDD.BO) recent insider transactions
uk.finance.yahoo.com · 3d ago
SBI Money Market Fund Direct Plan Growth
ClearTax · 3d ago
SBI Mutual Fund Doubles Down On Swiggy, Buys Stock Worth ₹300 Cr
Inc42 · 4d ago
SBI Mutual Fund's Swiggy Stake Crosses 5% After Share Purchase
Siliconindia · 4d ago
SBI Mutual Fund Raises Swiggy Stake Above 5% After Rs 300 Crore Share Purchase
CXO Digitalpulse · 4d ago
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 Sectoral & Thematic funds
Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.
Frequently asked questions
What is the NAV of SBI Energy Opportunities Fund?
As of 05 Oct 2026, the NAV of SBI Energy Opportunities Fund is ₹10.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Energy Opportunities Fund delivered?
SBI Energy Opportunities Fund has returned +0.30% over 1 year and +2.53% 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 Energy Opportunities Fund?
SBI Energy Opportunities Fund charges an expense ratio of 0.91% 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 Energy Opportunities Fund?
SBI Energy Opportunities Fund's largest holdings are Reliance Industries Ltd. (9.1%), GAIL (India) Ltd. (8.0%), Oil & Natural Gas Corporation Ltd. (6.8%), Kalpataru Projects International Ltd. (5.7%) and Gujarat Energy Ltd. (5.6%). Holdings are disclosed monthly and change over time.
How risky is SBI Energy Opportunities Fund?
SBI Energy Opportunities Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.1% and its worst peak-to-trough fall in our sample was -28.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of SBI Energy Opportunities Fund?
SBI Energy Opportunities Fund is benchmarked against the Nifty Energy TRI. Its alpha and beta on this page are measured against that index.
Who manages SBI Energy Opportunities Fund?
SBI Energy Opportunities Fund is managed by Raj Gandhi at SBI.
How is SBI Energy Opportunities Fund taxed?
SBI Energy Opportunities 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.