What stocks does SBI MULTI ASSET ALLOCATION FUND hold?

SBI MULTI ASSET ALLOCATION 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 MULTI ASSET ALLOCATION FUND?

SBI MULTI ASSET ALLOCATION FUND is managed by SBI Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is SBI MULTI ASSET ALLOCATION FUND?

SBI MULTI ASSET ALLOCATION FUND is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is SBI MULTI ASSET ALLOCATION FUND portfolio data updated?

Portfolio holdings for SBI MULTI ASSET ALLOCATION 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.

← SBI Mutual Fund

SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH

Multi Asset Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

Share: WhatsApp X

Stocks Held

Apr 2026

Equity Holdings

₹8,025.18 Cr

Equity only, excl. debt & cash

Top 5 Weight

9.7%

Diversified

Top 10 Weight

16.8%

Diversified

Changes

4 new · 1 exits

Top Sector

Banks

9.8% of portfolio

📋 What Happened This Month SBI MULTI ASSET ALLOCATION FUND made 4 new additions and exited 1 stock this month. The biggest new buy was Kotak Mahindra Bank Limited (Banks) at 1.45% weight. PB Fintech Limited was the biggest exit (Financial Technology (Fintech)), which was held at 0.65%. Among existing holdings, Mahindra & Mahindra Financial Services Limited saw the biggest increase — now at 1.62% of the portfolio. HCL Technologies Limited was trimmed the most, now at 0.53%. Bandhan Bank Limited remains the top holding with Banks the dominant sector at 9.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH

-0.48%

+0.30%

+3.05%

+13.96%

Latest NAV

₹73.80

04 Jun 2026

52W High

₹75.81

-3% from High

52W Low

₹58.96

+25% from Low

Calendar Year Returns

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

2025

+19.6%

2024

+13.9%

2023

+25.5%

2022

+7.0%

2021

+14.0%

2020

+15.0%

2019

+11.2%

2018

+1.8%

2017

+12.0%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.4%

+ve in 100% windows

38.4% / -7.2%

3Y Rolling Avg

13.2% p.a.

+ve in 100% windows

21.1% / 1.6%

5Y Rolling Avg

13.3% p.a.

+ve in 100% windows

20.1% / 8.8%

Crisis Period Behaviour

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

2024–25 Tariff

-6.1%

Rec: Apr 2025 (2 mo)

COVID-19 Crash

-17.6%

Rec: Jun 2020 (4 mo)

2022 Rate Hike

-7.2%

Rec: Aug 2022 (3 mo)

2018 IL&FS

-2.6%

Rec: Dec 2018 (3 mo)

Risk Ratios

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

Sharpe Ratio (3Y)

1.62

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

2.34

Penalises downside volatility only.

Std Deviation (3Y)

7.8%

Lower = more consistent returns.

NAV Chart ₹73.80 04 Jun 2026

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

SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH

Chart shows indexed performance (base = 100). Actual NAV: ₹73.80

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	9.6%	7.9%	▼ -1.7%
Oil	2.7%	2.8%	● +0.1%
Petroleum Products	2.6%	2.3%	▼ -0.3%
IT - Software	2.1%	2.0%	● -0.1%
Power	0.6%	2.0%	▲ +1.4%
Gas	2.4%	2.0%	▼ -0.4%
Fertilizers & Agrochemicals	2.2%	1.9%	▼ -0.2%
Pharmaceuticals & Biotechnology	1.6%	1.7%	● +0.1%
Retailing	1.0%	1.6%	▲ +0.5%
Telecom - Services	1.6%	1.5%	▼ -0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	7.9%	9.8%	▲ +1.9%
Oil	2.8%	2.6%	▼ -0.1%
Power	2.0%	2.5%	▲ +0.4%
Pharmaceuticals & Biotechnology	1.7%	2.3%	▲ +0.6%
Petroleum Products	2.3%	2.2%	● -0.1%
Gas	2.0%	2.2%	▲ +0.2%
Finance	1.1%	2.1%	▲ +1.0%
Fertilizers & Agrochemicals	1.9%	1.9%	● 0.0%
Transport Services	0.7%	1.9%	▲ +1.2%
IT - Software	2.0%	1.8%	▼ -0.2%

🟢

Biggest New Buy

Kotak Mahindra Bank Limited

1.45% weight · Banks

🔴

Biggest Exit

PB Fintech Limited

0.65% was held · Financial Technology (Fintech)

↑

Biggest Add

Mahindra & Mahindra Financial Services Limited

+1.05% · now 1.62%

↓

Biggest Trim

HCL Technologies Limited

-0.12% · now 0.53%

🤝 Other funds also bought this month

Kotak Mahindra Bank Limited 88 funds

InterGlobe Aviation Limited 83 funds

Samvardhana Motherson International Limited 38 funds

Delhivery Limited 27 funds

👋 Other funds also exited

PB Fintech Limited 15 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 4 New Entries 🔴 1 Exit ↑ 35 Increased ↓ 26 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Kotak Mahindra Bank Limited ₹256.68 Cr	Banks	1.45%
2	Delhivery Limited ₹188.89 Cr	Transport Services	1.07%
3	Samvardhana Motherson International Limited ₹145.45 Cr	Auto Components	0.82%
4	InterGlobe Aviation Limited ₹21.87 Cr	Transport Services	0.12%

#	Stock	Sector	Last Weight (Mar 2026)
1	PB Fintech Limited ₹104.84 Cr	Financial Technology (Fintech)	0.65%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Mahindra & Mahindra Financial Services Limited ₹286.87 Cr	Finance	0.57%	1.62%	+1.05%
2	Bandhan Bank Limited ₹409.43 Cr	Banks	1.79%	2.32%	+0.53%
3	CESC Limited ₹243.16 Cr	Power	0.97%	1.38%	+0.41%
4	Cohance Lifesciences Limited ₹96.65 Cr	Pharmaceuticals & Biotechnology	0.19%	0.55%	+0.36%
5	Syngene International Limited ₹233.83 Cr	Healthcare Services	0.97%	1.32%	+0.35%
6	Biocon Limited ₹284.86 Cr	Pharmaceuticals & Biotechnology	1.35%	1.61%	+0.26%
7	GAIL (India) Limited ₹381.15 Cr	Gas	1.99%	2.16%	+0.17%
8	Indus Towers Limited ₹254.17 Cr	Telecom - Services	1.29%	1.44%	+0.15%
9	Gokaldas Exports Limited ₹153.41 Cr	Textiles & Apparels	0.78%	0.87%	+0.09%
10	Steel Authority of India Limited ₹113.97 Cr	Ferrous Metals	0.58%	0.65%	+0.07%
11	Restaurant Brands Asia Limited ₹199.35 Cr	Leisure Services	1.08%	1.13%	+0.05%
12	Privi Speciality Chemicals Ltd ₹155.02 Cr	Chemicals & Petrochemicals	0.83%	0.88%	+0.05%
13	Ashoka Buildcon Ltd. ₹41.36 Cr	Construction	0.19%	0.23%	+0.04%
14	UPL Limited ₹209.27 Cr	Fertilizers & Agrochemicals	1.15%	1.18%	+0.03%
15	NHPC Limited ₹189.70 Cr	Power	1.04%	1.07%	+0.03%
16	Mahindra Lifespace Developers Limited ₹89.51 Cr	Realty	0.48%	0.51%	+0.03%
17	Kalpataru Projects International Limited ₹70.15 Cr	Construction	0.37%	0.40%	+0.03%
18	Colgate Palmolive (India) Limited ₹62.89 Cr	Personal Products	0.33%	0.36%	+0.03%
19	SEDEMAC MECHATRONICS LTD ₹41.81 Cr	Auto Components	0.21%	0.24%	+0.03%
20	Vishal Mega Mart Limited ₹61.15 Cr	Retailing	0.33%	0.35%	+0.02%
21	Sagar Cements Ltd. ₹60.18 Cr	Cement & Cement Products	0.32%	0.34%	+0.02%
22	Ashiana Housing Limited ₹28.43 Cr	Realty	0.14%	0.16%	+0.02%
23	Afcons Infrastructure Limited ₹27.18 Cr	Construction	0.13%	0.15%	+0.02%
24	Equitas Small Finance Bank Limited ₹23.16 Cr	Banks	0.11%	0.13%	+0.02%
25	V-Mart Retail Limited ₹17.44 Cr	Retailing	0.08%	0.10%	+0.02%
26	The Federal Bank Limited ₹258.26 Cr	Banks	1.45%	1.46%	+0.01%
27	FSN E-Commerce Ventures Limited ₹87.37 Cr	Retailing	0.48%	0.49%	+0.01%
28	HeidelbergCement India Limited ₹48.35 Cr	Cement & Cement Products	0.26%	0.27%	+0.01%
29	Emami Limited ₹44.45 Cr	Personal Products	0.24%	0.25%	+0.01%
30	Tata Technologies Limited ₹41.37 Cr	IT - Services	0.22%	0.23%	+0.01%
31	Life Insurance Corporation Of India ₹39.90 Cr	Insurance	0.22%	0.23%	+0.01%
32	ICICI Prudential Asset Management Company Limited ₹13.64 Cr	Capital Markets	0.07%	0.08%	+0.01%
33	Rallis India Limited ₹13.30 Cr	Fertilizers & Agrochemicals	0.07%	0.08%	+0.01%
34	PVR INOX Limited ₹8.02 Cr	Entertainment	0.04%	0.05%	+0.01%
35	Elin Electronics Ltd. ₹7.98 Cr	Consumer Durables	0.04%	0.05%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	HCL Technologies Limited ₹93.53 Cr	IT - Software	0.65%	0.53%	-0.12%
2	Oil & Natural Gas Corporation Limited ₹344.48 Cr	Oil	2.03%	1.95%	-0.08%
3	Jubilant Foodworks Limited ₹18.39 Cr	Leisure Services	0.17%	0.10%	-0.07%
4	VIP Industries Limited ₹99.96 Cr	Consumer Durables	0.63%	0.57%	-0.06%
5	HDFC Bank Limited ₹205.43 Cr	Banks	1.21%	1.16%	-0.05%
6	Reliance Industries Limited ₹246.10 Cr	Petroleum Products	1.43%	1.39%	-0.04%
7	Oil India Limited ₹121.29 Cr	Oil	0.73%	0.69%	-0.04%
8	Coromandel International Limited ₹118.90 Cr	Fertilizers & Agrochemicals	0.71%	0.67%	-0.04%
9	Infosys Limited ₹41.27 Cr	IT - Software	0.27%	0.23%	-0.04%
10	Indian Oil Corporation Limited ₹142.25 Cr	Petroleum Products	0.84%	0.81%	-0.03%
11	Swiggy Limited ₹108.12 Cr	Retailing	0.64%	0.61%	-0.03%
12	ICICI Prudential Life Insurance Company Limited ₹52.00 Cr	Insurance	0.32%	0.29%	-0.03%
13	Bank of Baroda ₹102.75 Cr	Banks	0.60%	0.58%	-0.02%
14	Bajaj Finserv Limited ₹87.36 Cr	Finance	0.51%	0.49%	-0.02%
15	Punjab National Bank ₹229.66 Cr	Banks	1.31%	1.30%	-0.01%
16	VRL Logistics Limited ₹120.00 Cr	Transport Services	0.69%	0.68%	-0.01%
17	Dabur India Limited ₹105.96 Cr	Personal Products	0.61%	0.60%	-0.01%
18	State Bank of India ₹101.50 Cr	Banks	0.58%	0.57%	-0.01%
19	Axis Bank Limited ₹101.46 Cr	Banks	0.58%	0.57%	-0.01%
20	ZF Commercial Vehicle Control Systems India Limited ₹93.41 Cr	Auto Components	0.54%	0.53%	-0.01%
21	Tech Mahindra Limited ₹68.52 Cr	IT - Software	0.40%	0.39%	-0.01%
22	Wipro Limited ₹60.20 Cr	IT - Software	0.35%	0.34%	-0.01%
23	LTIMindtree Limited ₹57.75 Cr	IT - Software	0.34%	0.33%	-0.01%
24	ICICI Bank Limited ₹40.43 Cr	Banks	0.24%	0.23%	-0.01%
25	Bharti Airtel Limited ₹30.19 Cr	Telecom - Services	0.18%	0.17%	-0.01%
26	United Spirits Limited ₹23.75 Cr	Beverages	0.14%	0.13%	-0.01%

Full Portfolio

71 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	Bandhan Bank Limited ₹409.43 Cr	Banks	2.32%
2	GAIL (India) Limited ₹381.15 Cr	Gas	2.16%
3	Oil & Natural Gas Corporation Limited ₹344.48 Cr	Oil	1.95%
4	Mahindra & Mahindra Financial Services Limited ₹286.87 Cr	Finance	1.62%
5	Biocon Limited ₹284.86 Cr	Pharmaceuticals & Biotechnology	1.61%
6	The Federal Bank Limited ₹258.26 Cr	Banks	1.46%
7	Kotak Mahindra Bank Limited ₹256.68 Cr	Banks	1.45%
8	Indus Towers Limited ₹254.17 Cr	Telecom - Services	1.44%
9	Reliance Industries Limited ₹246.10 Cr	Petroleum Products	1.39%
10	CESC Limited ₹243.16 Cr	Power	1.38%
11	Syngene International Limited ₹233.83 Cr	Healthcare Services	1.32%
12	Punjab National Bank ₹229.66 Cr	Banks	1.30%
13	UPL Limited ₹209.27 Cr	Fertilizers & Agrochemicals	1.18%
14	HDFC Bank Limited ₹205.43 Cr	Banks	1.16%
15	Restaurant Brands Asia Limited ₹199.35 Cr	Leisure Services	1.13%
16	NHPC Limited ₹189.70 Cr	Power	1.07%
17	Delhivery Limited ₹188.89 Cr	Transport Services	1.07%
18	Privi Speciality Chemicals Ltd ₹155.02 Cr	Chemicals & Petrochemicals	0.88%
19	Gokaldas Exports Limited ₹153.41 Cr	Textiles & Apparels	0.87%
20	Samvardhana Motherson International Limited ₹145.45 Cr	Auto Components	0.82%
21	Indian Oil Corporation Limited ₹142.25 Cr	Petroleum Products	0.81%
22	Oil India Limited ₹121.29 Cr	Oil	0.69%
23	VRL Logistics Limited ₹120.00 Cr	Transport Services	0.68%
24	ITC Limited ₹119.66 Cr	Diversified FMCG	0.68%
25	Coromandel International Limited ₹118.90 Cr	Fertilizers & Agrochemicals	0.67%
26	Steel Authority of India Limited ₹113.97 Cr	Ferrous Metals	0.65%
27	Swiggy Limited ₹108.12 Cr	Retailing	0.61%
28	Indian Energy Exchange Limited ₹106.41 Cr	Capital Markets	0.60%
29	Dabur India Limited ₹105.96 Cr	Personal Products	0.60%
30	Bank of Baroda ₹102.75 Cr	Banks	0.58%
31	State Bank of India ₹101.50 Cr	Banks	0.57%
32	Axis Bank Limited ₹101.46 Cr	Banks	0.57%
33	VIP Industries Limited ₹99.96 Cr	Consumer Durables	0.57%
34	Cohance Lifesciences Limited ₹96.65 Cr	Pharmaceuticals & Biotechnology	0.55%
35	ZF Commercial Vehicle Control Systems India Limited ₹93.41 Cr	Auto Components	0.53%
36	HCL Technologies Limited ₹93.53 Cr	IT - Software	0.53%
37	Mahindra Lifespace Developers Limited ₹89.51 Cr	Realty	0.51%
38	FSN E-Commerce Ventures Limited ₹87.37 Cr	Retailing	0.49%
39	Bajaj Finserv Limited ₹87.36 Cr	Finance	0.49%
40	Kalpataru Projects International Limited ₹70.15 Cr	Construction	0.40%
41	Tech Mahindra Limited ₹68.52 Cr	IT - Software	0.39%
42	Colgate Palmolive (India) Limited ₹62.89 Cr	Personal Products	0.36%
43	Vishal Mega Mart Limited ₹61.15 Cr	Retailing	0.35%
44	Wipro Limited ₹60.20 Cr	IT - Software	0.34%
45	Sagar Cements Ltd. ₹60.18 Cr	Cement & Cement Products	0.34%
46	LTIMindtree Limited ₹57.75 Cr	IT - Software	0.33%
47	ICICI Prudential Life Insurance Company Limited ₹52.00 Cr	Insurance	0.29%
48	HeidelbergCement India Limited ₹48.35 Cr	Cement & Cement Products	0.27%
49	Emami Limited ₹44.45 Cr	Personal Products	0.25%
50	SEDEMAC MECHATRONICS LTD ₹41.81 Cr	Auto Components	0.24%
51	Life Insurance Corporation Of India ₹39.90 Cr	Insurance	0.23%
52	ICICI Bank Limited ₹40.43 Cr	Banks	0.23%
53	Tata Steel Limited ₹40.92 Cr	Ferrous Metals	0.23%
54	Ashoka Buildcon Ltd. ₹41.36 Cr	Construction	0.23%
55	Tata Technologies Limited ₹41.37 Cr	IT - Services	0.23%
56	Infosys Limited ₹41.27 Cr	IT - Software	0.23%
57	Bharti Airtel Limited ₹30.19 Cr	Telecom - Services	0.17%
58	Ashiana Housing Limited ₹28.43 Cr	Realty	0.16%
59	Afcons Infrastructure Limited ₹27.18 Cr	Construction	0.15%
60	Gland Pharma Limited ₹25.75 Cr	Pharmaceuticals & Biotechnology	0.15%
61	United Spirits Limited ₹23.75 Cr	Beverages	0.13%
62	Equitas Small Finance Bank Limited ₹23.16 Cr	Banks	0.13%
63	InterGlobe Aviation Limited ₹21.87 Cr	Transport Services	0.12%
64	Jubilant Foodworks Limited ₹18.39 Cr	Leisure Services	0.10%
65	V-Mart Retail Limited ₹17.44 Cr	Retailing	0.10%
66	ICICI Prudential Asset Management Company Limited ₹13.64 Cr	Capital Markets	0.08%
67	Rallis India Limited ₹13.30 Cr	Fertilizers & Agrochemicals	0.08%
68	PVR INOX Limited ₹8.02 Cr	Entertainment	0.05%
69	Elin Electronics Ltd. ₹7.98 Cr	Consumer Durables	0.05%
70	Urban Company Ltd. ₹7.54 Cr	Retailing	0.04%
71	Nuvoco Vistas Corporation Limited ₹66.88 L	Cement & Cement Products	0.00%