What stocks does SBI Equity Minimum Variance Fund hold?

SBI Equity Minimum Variance Fund holds a portfolio of Indian equity stocks disclosed monthly by SBI Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages SBI Equity Minimum Variance Fund?

SBI Equity Minimum Variance Fund is managed by SBI Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is SBI Equity Minimum Variance Fund?

SBI Equity Minimum Variance Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is SBI Equity Minimum Variance Fund portfolio data updated?

Portfolio holdings for SBI Equity Minimum Variance Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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SBI Equity Minimum Variance Fund - Direct Plan - Growth

Equity Data as of Jun 2026 Comparing May 2026 → Jun 2026

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Stocks Held

Jun 2026

Equity Holdings

₹206.43 Cr

Equity only, excl. debt & cash

Top 5 Weight

36.3%

Moderate

Top 10 Weight

54.2%

Moderate

Changes

0 new · 0 exits

Top Sector

Pharmaceuticals & Biotechnology

17.0% of portfolio

📋 What Happened This Month Among existing holdings, Sun Pharmaceutical Industries Limited saw the biggest increase — now at 8.04% of the portfolio. Tata Consumer Products Limited was trimmed the most, now at 5.98%. Nestle India Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 17.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · SBI Equity Minimum Variance Fund - Direct Plan - Growth

+1.59%

+3.51%

-1.51%

-0.36%

Latest NAV

₹24.49

14 Jul 2026

52W High

₹25.57

-4% from High

52W Low

₹21.69

+13% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+7.4%

2024

+8.4%

2023

+28.4%

2022

+6.5%

2021

+24.4%

2020

+24.8%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

17.2%

+ve in 87% windows

85.5% / -17.4%

3Y Rolling Avg

17.6% p.a.

+ve in 100% windows

33.5% / 10.0%

5Y Rolling Avg

17.9% p.a.

+ve in 100% windows

27.5% / 10.6%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-20.3%

Rec: not yet

COVID-19 Crash

-32.7%

Rec: Jul 2020 (6 mo)

2022 Rate Hike

-12.8%

Rec: Aug 2022 (2 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.37

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.53

Penalises downside volatility only.

Std Deviation (3Y)

11.5%

Lower = more consistent returns.

NAV Chart ₹24.49 14 Jul 2026

Simple Moving Avg: Click to draw · click again to remove

SBI Equity Minimum Variance Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹24.49

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	16.0%	16.3%	▲ +0.4%
Diversified FMCG	14.6%	13.8%	▼ -0.8%
Food Products	8.9%	8.7%	▼ -0.2%
IT - Software	7.1%	7.0%	▼ -0.1%
Agricultural Food & other Products	6.3%	6.6%	▲ +0.2%
Banks	6.3%	6.3%	● -0.1%
Automobiles	4.9%	5.2%	▲ +0.2%
Healthcare Services	4.1%	4.3%	▲ +0.2%
Finance	3.9%	3.9%	● 0.0%
Consumer Durables	3.5%	3.7%	▲ +0.2%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	16.3%	17.0%	▲ +0.6%
Diversified FMCG	13.8%	13.6%	▼ -0.2%
Food Products	8.7%	8.6%	▼ -0.1%
Banks	6.3%	6.7%	▲ +0.4%
IT - Software	7.0%	6.3%	▼ -0.7%
Agricultural Food & other Products	6.6%	6.0%	▼ -0.6%
Automobiles	5.2%	5.0%	▼ -0.2%
Healthcare Services	4.3%	4.7%	▲ +0.4%
Finance	3.9%	4.1%	▲ +0.2%
Consumer Durables	3.7%	3.7%	● +0.0%

↑

Biggest Add

Sun Pharmaceutical Industries Limited

+0.26% · now 8.04%

↓

Biggest Trim

Tata Consumer Products Limited

-0.58% · now 5.98%

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

↑ 20 Increased ↓ 27 Decreased

#	Stock	Sector	May 2026	Jun 2026	Change
1	Sun Pharmaceutical Industries Limited ₹16.83 Cr	Pharmaceuticals & Biotechnology	7.78%	8.04%	+0.26%
2	ICICI Bank Limited ₹5.77 Cr	Banks	2.52%	2.76%	+0.24%
3	Cipla Limited ₹11.50 Cr	Pharmaceuticals & Biotechnology	5.26%	5.49%	+0.23%
4	InterGlobe Aviation Limited ₹2.45 Cr	Transport Services	0.96%	1.17%	+0.21%
5	Apollo Hospitals Enterprise Limited ₹7.52 Cr	Healthcare Services	3.39%	3.59%	+0.20%
6	Trent Limited ₹2.65 Cr	Retailing	1.09%	1.27%	+0.18%
7	Max Healthcare Institute Limited ₹2.29 Cr	Healthcare Services	0.94%	1.09%	+0.15%
8	Dr. Reddy's Laboratories Limited ₹7.17 Cr	Pharmaceuticals & Biotechnology	3.30%	3.43%	+0.13%
9	Bajaj Finance Limited ₹2.32 Cr	Finance	1.01%	1.11%	+0.10%
10	Shriram Finance Limited ₹2.24 Cr	Finance	0.97%	1.07%	+0.10%
11	Maruti Suzuki India Limited ₹2.14 Cr	Automobiles	0.95%	1.02%	+0.07%
12	Titan Company Limited ₹2.06 Cr	Consumer Durables	0.91%	0.98%	+0.07%
13	HDFC Bank Limited ₹2.03 Cr	Banks	0.91%	0.97%	+0.06%
14	Eternal Limited ₹2.18 Cr	Retailing	0.99%	1.04%	+0.05%
15	Axis Bank Limited ₹2.15 Cr	Banks	0.98%	1.03%	+0.05%
16	State Bank of India ₹1.93 Cr	Banks	0.87%	0.92%	+0.05%
17	Adani Enterprises Limited ₹3.17 Cr	Metals & Minerals Trading	1.47%	1.51%	+0.04%
18	Bharti Airtel Limited ₹4.06 Cr	Telecom - Services	1.92%	1.94%	+0.02%
19	Larsen & Toubro Limited ₹2.19 Cr	Construction	1.03%	1.05%	+0.02%
20	Kotak Mahindra Bank Limited ₹2.10 Cr	Banks	0.98%	1.00%	+0.02%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Tata Consumer Products Limited ₹12.51 Cr	Agricultural Food & other Products	6.56%	5.98%	-0.58%
2	Tata Consultancy Services Limited ₹3.24 Cr	IT - Software	1.73%	1.55%	-0.18%
3	Hindalco Industries Limited ₹2.00 Cr	Non - Ferrous Metals	1.13%	0.95%	-0.18%
4	Wipro Limited ₹1.67 Cr	IT - Software	0.96%	0.80%	-0.16%
5	Hindustan Unilever Limited ₹15.70 Cr	Diversified FMCG	7.64%	7.50%	-0.14%
6	Tata Motors Passenger Vehicles Limited ₹2.22 Cr	Automobiles	1.19%	1.06%	-0.13%
7	Tech Mahindra Limited ₹4.31 Cr	IT - Software	2.18%	2.06%	-0.12%
8	HCL Technologies Limited ₹2.52 Cr	IT - Software	1.33%	1.21%	-0.12%
9	Infosys Limited ₹1.47 Cr	IT - Software	0.82%	0.70%	-0.12%
10	Nestle India Limited ₹18.05 Cr	Food Products	8.74%	8.63%	-0.11%
11	Oil & Natural Gas Corporation Limited ₹1.56 Cr	Oil	0.85%	0.75%	-0.10%
12	Coal India Limited ₹3.90 Cr	Consumable Fuels	1.95%	1.86%	-0.09%
13	Tata Steel Limited ₹1.85 Cr	Ferrous Metals	0.98%	0.89%	-0.09%
14	Bajaj Auto Limited ₹2.12 Cr	Automobiles	1.09%	1.01%	-0.08%
15	NTPC Limited ₹1.90 Cr	Power	0.99%	0.91%	-0.08%
16	SBI Life Insurance Company Limited ₹3.69 Cr	Insurance	1.83%	1.76%	-0.07%
17	JSW Steel Limited ₹2.06 Cr	Ferrous Metals	1.03%	0.98%	-0.05%
18	Asian Paints Limited ₹5.65 Cr	Consumer Durables	2.74%	2.70%	-0.04%
19	HDFC Life Insurance Company Limited ₹1.95 Cr	Insurance	0.96%	0.93%	-0.03%
20	Eicher Motors Limited ₹2.04 Cr	Automobiles	0.99%	0.97%	-0.02%
21	UltraTech Cement Limited ₹2.03 Cr	Cement & Cement Products	0.99%	0.97%	-0.02%
22	Power Grid Corporation of India Limited ₹1.89 Cr	Power	0.92%	0.90%	-0.02%
23	Reliance Industries Limited ₹1.83 Cr	Petroleum Products	0.90%	0.88%	-0.02%
24	ITC Limited ₹12.82 Cr	Diversified FMCG	6.13%	6.12%	-0.01%
25	Grasim Industries Limited ₹2.31 Cr	Cement & Cement Products	1.12%	1.11%	-0.01%
26	Bajaj Finserv Limited ₹2.08 Cr	Finance	1.00%	0.99%	-0.01%
27	Jio Financial Services Limited ₹1.97 Cr	Finance	0.95%	0.94%	-0.01%

What Stocks Does This Fund Hold?

50 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	Nestle India Limited ₹18.05 Cr	Food Products	8.63%
2	Sun Pharmaceutical Industries Limited ₹16.83 Cr	Pharmaceuticals & Biotechnology	8.04%
3	Hindustan Unilever Limited ₹15.70 Cr	Diversified FMCG	7.50%
4	ITC Limited ₹12.82 Cr	Diversified FMCG	6.12%
5	Tata Consumer Products Limited ₹12.51 Cr	Agricultural Food & other Products	5.98%
6	Cipla Limited ₹11.50 Cr	Pharmaceuticals & Biotechnology	5.49%
7	Apollo Hospitals Enterprise Limited ₹7.52 Cr	Healthcare Services	3.59%
8	Dr. Reddy's Laboratories Limited ₹7.17 Cr	Pharmaceuticals & Biotechnology	3.43%
9	ICICI Bank Limited ₹5.77 Cr	Banks	2.76%
10	Asian Paints Limited ₹5.65 Cr	Consumer Durables	2.70%
11	Tech Mahindra Limited ₹4.31 Cr	IT - Software	2.06%
12	Bharti Airtel Limited ₹4.06 Cr	Telecom - Services	1.94%
13	Coal India Limited ₹3.90 Cr	Consumable Fuels	1.86%
14	SBI Life Insurance Company Limited ₹3.69 Cr	Insurance	1.76%
15	Tata Consultancy Services Limited ₹3.24 Cr	IT - Software	1.55%
16	Adani Enterprises Limited ₹3.17 Cr	Metals & Minerals Trading	1.51%
17	Trent Limited ₹2.65 Cr	Retailing	1.27%
18	HCL Technologies Limited ₹2.52 Cr	IT - Software	1.21%
19	Adani Ports and Special Economic Zone Limited ₹2.51 Cr	Transport Infrastructure	1.20%
20	InterGlobe Aviation Limited ₹2.45 Cr	Transport Services	1.17%
21	Bajaj Finance Limited ₹2.32 Cr	Finance	1.11%
22	Grasim Industries Limited ₹2.31 Cr	Cement & Cement Products	1.11%
23	Max Healthcare Institute Limited ₹2.29 Cr	Healthcare Services	1.09%
24	Shriram Finance Limited ₹2.24 Cr	Finance	1.07%
25	Tata Motors Passenger Vehicles Limited ₹2.22 Cr	Automobiles	1.06%
26	Larsen & Toubro Limited ₹2.19 Cr	Construction	1.05%
27	Eternal Limited ₹2.18 Cr	Retailing	1.04%
28	Axis Bank Limited ₹2.15 Cr	Banks	1.03%
29	Maruti Suzuki India Limited ₹2.14 Cr	Automobiles	1.02%
30	Bajaj Auto Limited ₹2.12 Cr	Automobiles	1.01%
31	Kotak Mahindra Bank Limited ₹2.10 Cr	Banks	1.00%
32	Bajaj Finserv Limited ₹2.08 Cr	Finance	0.99%
33	Titan Company Limited ₹2.06 Cr	Consumer Durables	0.98%
34	JSW Steel Limited ₹2.06 Cr	Ferrous Metals	0.98%
35	Eicher Motors Limited ₹2.04 Cr	Automobiles	0.97%
36	HDFC Bank Limited ₹2.03 Cr	Banks	0.97%
37	UltraTech Cement Limited ₹2.03 Cr	Cement & Cement Products	0.97%
38	Hindalco Industries Limited ₹2.00 Cr	Non - Ferrous Metals	0.95%
39	Jio Financial Services Limited ₹1.97 Cr	Finance	0.94%
40	Mahindra & Mahindra Limited ₹1.95 Cr	Automobiles	0.93%
41	HDFC Life Insurance Company Limited ₹1.95 Cr	Insurance	0.93%
42	State Bank of India ₹1.93 Cr	Banks	0.92%
43	NTPC Limited ₹1.90 Cr	Power	0.91%
44	Power Grid Corporation of India Limited ₹1.89 Cr	Power	0.90%
45	Bharat Electronics Limited ₹1.87 Cr	Aerospace & Defense	0.89%
46	Tata Steel Limited ₹1.85 Cr	Ferrous Metals	0.89%
47	Reliance Industries Limited ₹1.83 Cr	Petroleum Products	0.88%
48	Wipro Limited ₹1.67 Cr	IT - Software	0.80%
49	Oil & Natural Gas Corporation Limited ₹1.56 Cr	Oil	0.75%
50	Infosys Limited ₹1.47 Cr	IT - Software	0.70%