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.

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SBI MULTI ASSET ALLOCATION FUND - DIRECT PLAN - GROWTH

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

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Stocks Held

May 2026

Equity Holdings

₹8,622.58 Cr

Equity only, excl. debt & cash

Top 5 Weight

10.0%

Diversified

Top 10 Weight

17.5%

Diversified

Changes

3 new · 2 exits

Top Sector

Banks

9.4% of portfolio

📋 What Happened This Month SBI MULTI ASSET ALLOCATION FUND made 3 new additions and exited 2 stocks this month. The biggest new buy was Pine Labs Limited (Financial Technology (Fintech)) at 0.63% weight. The Federal Bank Limited was the biggest exit (Banks), which was held at 1.46%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 1.59% of the portfolio. Oil & Natural Gas Corporation Limited was trimmed the most, now at 1.67%. Bandhan Bank Limited remains the top holding with Banks the dominant sector at 9.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

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

-0.16%

+5.71%

+1.70%

+13.08%

Latest NAV

₹74.34

24 Jun 2026

52W High

₹75.81

-2% from High

52W Low

₹58.96

+26% 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)

1.54

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

2.21

Penalises downside volatility only.

Std Deviation (3Y)

7.8%

Lower = more consistent returns.

NAV Chart ₹74.34 24 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: ₹74.34

Sector Shift Industry allocation month-over-month

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%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	9.8%	9.4%	▼ -0.4%
Pharmaceuticals & Biotechnology	2.3%	3.3%	▲ +1.0%
Finance	2.1%	2.6%	▲ +0.5%
Power	2.5%	2.3%	▼ -0.1%
Oil	2.6%	2.3%	▼ -0.3%
Telecom - Services	1.6%	2.1%	▲ +0.5%
Gas	2.2%	2.1%	● -0.1%
Petroleum Products	2.2%	2.0%	▼ -0.2%
Fertilizers & Agrochemicals	1.9%	1.8%	▼ -0.1%
Auto Components	1.6%	1.7%	▲ +0.2%

🟢

Biggest New Buy

Pine Labs Limited

0.63% weight · Financial Technology (Fintech)

🔴

Biggest Exit

The Federal Bank Limited

1.46% was held · Banks

↑

Biggest Add

ICICI Bank Limited

+1.36% · now 1.59%

↓

Biggest Trim

Oil & Natural Gas Corporation Limited

-0.28% · now 1.67%

🤝 Other funds also bought this month

Pine Labs Limited 14 funds

Aditya Birla Sun Life AMC Limited 13 funds

Balrampur Chini Mills Limited 9 funds

👋 Other funds also exited

The Federal Bank Limited 9 funds

ICICI Prudential Asset Management Company Limited 6 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 3 New Entries 🔴 2 Exits ↑ 16 Increased ↓ 45 Decreased

#	Stock	Sector	Weight (May 2026)
1	Pine Labs Limited ₹116.07 Cr	Financial Technology (Fintech)	0.63%
2	Aditya Birla Sun Life AMC Limited ₹30.33 Cr	Capital Markets	0.17%
3	Balrampur Chini Mills Limited ₹25.19 Cr	Agricultural Food & other Products	0.14%

#	Stock	Sector	Last Weight (Apr 2026)
1	The Federal Bank Limited ₹258.26 Cr	Banks	1.46%
2	ICICI Prudential Asset Management Company Limited ₹13.64 Cr	Capital Markets	0.08%

#	Stock	Sector	Apr 2026	May 2026	Change
1	ICICI Bank Limited ₹291.48 Cr	Banks	0.23%	1.59%	+1.36%
2	Cohance Lifesciences Limited ₹224.38 Cr	Pharmaceuticals & Biotechnology	0.55%	1.23%	+0.68%
3	Bajaj Finserv Limited ₹193.30 Cr	Finance	0.49%	1.06%	+0.57%
4	Indus Towers Limited ₹362.48 Cr	Telecom - Services	1.44%	1.98%	+0.54%
5	Syngene International Limited ₹309.40 Cr	Healthcare Services	1.32%	1.69%	+0.37%
6	Biocon Limited ₹339.51 Cr	Pharmaceuticals & Biotechnology	1.61%	1.86%	+0.25%
7	Samvardhana Motherson International Limited ₹174.89 Cr	Auto Components	0.82%	0.96%	+0.14%
8	Mahindra Lifespace Developers Limited ₹118.23 Cr	Realty	0.51%	0.65%	+0.14%
9	Jubilant Foodworks Limited ₹27.33 Cr	Leisure Services	0.10%	0.15%	+0.05%
10	Steel Authority of India Limited ₹126.16 Cr	Ferrous Metals	0.65%	0.69%	+0.04%
11	Tata Technologies Limited ₹50.19 Cr	IT - Services	0.23%	0.27%	+0.04%
12	SEDEMAC MECHATRONICS LTD ₹48.71 Cr	Auto Components	0.24%	0.27%	+0.03%
13	Gland Pharma Limited ₹33.09 Cr	Pharmaceuticals & Biotechnology	0.15%	0.18%	+0.03%
14	Bandhan Bank Limited ₹427.02 Cr	Banks	2.32%	2.33%	+0.01%
15	Restaurant Brands Asia Limited ₹209.41 Cr	Leisure Services	1.13%	1.14%	+0.01%
16	Ashiana Housing Limited ₹30.23 Cr	Realty	0.16%	0.17%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Oil & Natural Gas Corporation Limited ₹305.21 Cr	Oil	1.95%	1.67%	-0.28%
2	Reliance Industries Limited ₹227.25 Cr	Petroleum Products	1.39%	1.24%	-0.15%
3	Mahindra & Mahindra Financial Services Limited ₹280.36 Cr	Finance	1.62%	1.53%	-0.09%
4	NHPC Limited ₹179.82 Cr	Power	1.07%	0.98%	-0.09%
5	Coromandel International Limited ₹105.22 Cr	Fertilizers & Agrochemicals	0.67%	0.58%	-0.09%
6	Punjab National Bank ₹222.71 Cr	Banks	1.30%	1.22%	-0.08%
7	HDFC Bank Limited ₹198.20 Cr	Banks	1.16%	1.08%	-0.08%
8	ITC Limited ₹109.02 Cr	Diversified FMCG	0.68%	0.60%	-0.08%
9	Delhivery Limited ₹182.95 Cr	Transport Services	1.07%	1.00%	-0.07%
10	Privi Speciality Chemicals Ltd ₹148.05 Cr	Chemicals & Petrochemicals	0.88%	0.81%	-0.07%
11	VRL Logistics Limited ₹110.77 Cr	Transport Services	0.68%	0.61%	-0.07%
12	State Bank of India ₹91.62 Cr	Banks	0.57%	0.50%	-0.07%
13	GAIL (India) Limited ₹384.14 Cr	Gas	2.16%	2.10%	-0.06%
14	Gokaldas Exports Limited ₹150.81 Cr	Textiles & Apparels	0.87%	0.82%	-0.05%
15	Oil India Limited ₹117.67 Cr	Oil	0.69%	0.64%	-0.05%
16	Swiggy Limited ₹103.16 Cr	Retailing	0.61%	0.56%	-0.05%
17	Kotak Mahindra Bank Limited ₹257.29 Cr	Banks	1.45%	1.41%	-0.04%
18	Indian Oil Corporation Limited ₹140.24 Cr	Petroleum Products	0.81%	0.77%	-0.04%
19	CESC Limited ₹246.63 Cr	Power	1.38%	1.35%	-0.03%
20	UPL Limited ₹210.23 Cr	Fertilizers & Agrochemicals	1.18%	1.15%	-0.03%
21	HCL Technologies Limited ₹92.34 Cr	IT - Software	0.53%	0.50%	-0.03%
22	LTIMindtree Limited ₹54.93 Cr	IT - Software	0.33%	0.30%	-0.03%
23	Emami Limited ₹39.91 Cr	Personal Products	0.25%	0.22%	-0.03%
24	Dabur India Limited ₹106.42 Cr	Personal Products	0.60%	0.58%	-0.02%
25	VIP Industries Limited ₹101.03 Cr	Consumer Durables	0.57%	0.55%	-0.02%
26	ZF Commercial Vehicle Control Systems India Limited ₹93.25 Cr	Auto Components	0.53%	0.51%	-0.02%
27	FSN E-Commerce Ventures Limited ₹86.56 Cr	Retailing	0.49%	0.47%	-0.02%
28	Colgate Palmolive (India) Limited ₹61.80 Cr	Personal Products	0.36%	0.34%	-0.02%
29	Vishal Mega Mart Limited ₹60.89 Cr	Retailing	0.35%	0.33%	-0.02%
30	Ashoka Buildcon Ltd. ₹37.70 Cr	Construction	0.23%	0.21%	-0.02%
31	Bank of Baroda ₹104.72 Cr	Banks	0.58%	0.57%	-0.01%
32	Axis Bank Limited ₹102.93 Cr	Banks	0.57%	0.56%	-0.01%
33	Tech Mahindra Limited ₹69.00 Cr	IT - Software	0.39%	0.38%	-0.01%
34	Sagar Cements Ltd. ₹59.52 Cr	Cement & Cement Products	0.34%	0.33%	-0.01%
35	ICICI Prudential Life Insurance Company Limited ₹51.00 Cr	Insurance	0.29%	0.28%	-0.01%
36	HeidelbergCement India Limited ₹47.94 Cr	Cement & Cement Products	0.27%	0.26%	-0.01%
37	Life Insurance Corporation Of India ₹41.14 Cr	Insurance	0.23%	0.22%	-0.01%
38	Infosys Limited ₹40.54 Cr	IT - Software	0.23%	0.22%	-0.01%
39	Tata Steel Limited ₹40.27 Cr	Ferrous Metals	0.23%	0.22%	-0.01%
40	Bharti Airtel Limited ₹29.26 Cr	Telecom - Services	0.17%	0.16%	-0.01%
41	United Spirits Limited ₹22.75 Cr	Beverages	0.13%	0.12%	-0.01%
42	Rallis India Limited ₹12.16 Cr	Fertilizers & Agrochemicals	0.08%	0.07%	-0.01%
43	Elin Electronics Ltd. ₹7.53 Cr	Consumer Durables	0.05%	0.04%	-0.01%
44	PVR INOX Limited ₹7.22 Cr	Entertainment	0.05%	0.04%	-0.01%
45	Urban Company Ltd. ₹5.97 Cr	Retailing	0.04%	0.03%	-0.01%

What Stocks Does This Fund Hold?

72 stocks — May 2026

#	Stock	Sector	Weight & Value
1	Bandhan Bank Limited ₹427.02 Cr	Banks	2.33%
2	GAIL (India) Limited ₹384.14 Cr	Gas	2.10%
3	Indus Towers Limited ₹362.48 Cr	Telecom - Services	1.98%
4	Biocon Limited ₹339.51 Cr	Pharmaceuticals & Biotechnology	1.86%
5	Syngene International Limited ₹309.40 Cr	Healthcare Services	1.69%
6	Oil & Natural Gas Corporation Limited ₹305.21 Cr	Oil	1.67%
7	ICICI Bank Limited ₹291.48 Cr	Banks	1.59%
8	Mahindra & Mahindra Financial Services Limited ₹280.36 Cr	Finance	1.53%
9	Kotak Mahindra Bank Limited ₹257.29 Cr	Banks	1.41%
10	CESC Limited ₹246.63 Cr	Power	1.35%
11	Reliance Industries Limited ₹227.25 Cr	Petroleum Products	1.24%
12	Cohance Lifesciences Limited ₹224.38 Cr	Pharmaceuticals & Biotechnology	1.23%
13	Punjab National Bank ₹222.71 Cr	Banks	1.22%
14	UPL Limited ₹210.23 Cr	Fertilizers & Agrochemicals	1.15%
15	Restaurant Brands Asia Limited ₹209.41 Cr	Leisure Services	1.14%
16	HDFC Bank Limited ₹198.20 Cr	Banks	1.08%
17	Bajaj Finserv Limited ₹193.30 Cr	Finance	1.06%
18	Delhivery Limited ₹182.95 Cr	Transport Services	1.00%
19	NHPC Limited ₹179.82 Cr	Power	0.98%
20	Samvardhana Motherson International Limited ₹174.89 Cr	Auto Components	0.96%
21	Gokaldas Exports Limited ₹150.81 Cr	Textiles & Apparels	0.82%
22	Privi Speciality Chemicals Ltd ₹148.05 Cr	Chemicals & Petrochemicals	0.81%
23	Indian Oil Corporation Limited ₹140.24 Cr	Petroleum Products	0.77%
24	Steel Authority of India Limited ₹126.16 Cr	Ferrous Metals	0.69%
25	Mahindra Lifespace Developers Limited ₹118.23 Cr	Realty	0.65%
26	Oil India Limited ₹117.67 Cr	Oil	0.64%
27	Pine Labs Limited ₹116.07 Cr	Financial Technology (Fintech)	0.63%
28	VRL Logistics Limited ₹110.77 Cr	Transport Services	0.61%
29	Indian Energy Exchange Limited ₹109.06 Cr	Capital Markets	0.60%
30	ITC Limited ₹109.02 Cr	Diversified FMCG	0.60%
31	Dabur India Limited ₹106.42 Cr	Personal Products	0.58%
32	Coromandel International Limited ₹105.22 Cr	Fertilizers & Agrochemicals	0.58%
33	Bank of Baroda ₹104.72 Cr	Banks	0.57%
34	Swiggy Limited ₹103.16 Cr	Retailing	0.56%
35	Axis Bank Limited ₹102.93 Cr	Banks	0.56%
36	VIP Industries Limited ₹101.03 Cr	Consumer Durables	0.55%
37	ZF Commercial Vehicle Control Systems India Limited ₹93.25 Cr	Auto Components	0.51%
38	State Bank of India ₹91.62 Cr	Banks	0.50%
39	HCL Technologies Limited ₹92.34 Cr	IT - Software	0.50%
40	FSN E-Commerce Ventures Limited ₹86.56 Cr	Retailing	0.47%
41	Kalpataru Projects International Limited ₹73.22 Cr	Construction	0.40%
42	Tech Mahindra Limited ₹69.00 Cr	IT - Software	0.38%
43	Colgate Palmolive (India) Limited ₹61.80 Cr	Personal Products	0.34%
44	Wipro Limited ₹61.28 Cr	IT - Software	0.34%
45	Vishal Mega Mart Limited ₹60.89 Cr	Retailing	0.33%
46	Sagar Cements Ltd. ₹59.52 Cr	Cement & Cement Products	0.33%
47	LTIMindtree Limited ₹54.93 Cr	IT - Software	0.30%
48	ICICI Prudential Life Insurance Company Limited ₹51.00 Cr	Insurance	0.28%
49	Tata Technologies Limited ₹50.19 Cr	IT - Services	0.27%
50	SEDEMAC MECHATRONICS LTD ₹48.71 Cr	Auto Components	0.27%
51	HeidelbergCement India Limited ₹47.94 Cr	Cement & Cement Products	0.26%
52	Emami Limited ₹39.91 Cr	Personal Products	0.22%
53	Tata Steel Limited ₹40.27 Cr	Ferrous Metals	0.22%
54	Life Insurance Corporation Of India ₹41.14 Cr	Insurance	0.22%
55	Infosys Limited ₹40.54 Cr	IT - Software	0.22%
56	Ashoka Buildcon Ltd. ₹37.70 Cr	Construction	0.21%
57	Gland Pharma Limited ₹33.09 Cr	Pharmaceuticals & Biotechnology	0.18%
58	Aditya Birla Sun Life AMC Limited ₹30.33 Cr	Capital Markets	0.17%
59	Ashiana Housing Limited ₹30.23 Cr	Realty	0.17%
60	Bharti Airtel Limited ₹29.26 Cr	Telecom - Services	0.16%
61	Jubilant Foodworks Limited ₹27.33 Cr	Leisure Services	0.15%
62	Afcons Infrastructure Limited ₹27.12 Cr	Construction	0.15%
63	Balrampur Chini Mills Limited ₹25.19 Cr	Agricultural Food & other Products	0.14%
64	Equitas Small Finance Bank Limited ₹24.33 Cr	Banks	0.13%
65	United Spirits Limited ₹22.75 Cr	Beverages	0.12%
66	InterGlobe Aviation Limited ₹22.43 Cr	Transport Services	0.12%
67	V-Mart Retail Limited ₹18.86 Cr	Retailing	0.10%
68	Rallis India Limited ₹12.16 Cr	Fertilizers & Agrochemicals	0.07%
69	Elin Electronics Ltd. ₹7.53 Cr	Consumer Durables	0.04%
70	PVR INOX Limited ₹7.22 Cr	Entertainment	0.04%
71	Urban Company Ltd. ₹5.97 Cr	Retailing	0.03%
72	Nuvoco Vistas Corporation Limited ₹78.59 L	Cement & Cement Products	0.00%