📊 Equity Fund · Deep Analysis

SBI HEALTHCARE OPPORTUNITIES FUND

SBI Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹585.8266 (+0.32% today) As of 16 Jul 2026
1 Year Return +16.4%
3 Year CAGR +25.6% p.a.
5 Year CAGR +17.7% p.a.
AAUM ₹3.8K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,603 daily NAV records
Fund Overview

SBI HEALTHCARE OPPORTUNITIES FUND — Quick Summary

SBI Healthcare Opportunities Fund takes a broader view of the healthcare sector — investing in pharmaceutical companies alongside hospitals, diagnostics, medical devices and healthcare IT. This broader healthcare approach provides more diversification within the sector compared to pure pharma funds, reducing the concentration of US FDA regulatory risk that affects pharmaceutical manufacturers specifically.

The fund has benefited from India's post-COVID structural healthcare demand increase — rising health insurance penetration, hospital network expansion and increased diagnostic testing awareness have driven growth across the healthcare value chain beyond just pharmaceutical exports. SBI MF's nationwide distribution makes this fund accessible to retail investors seeking healthcare sector exposure.

Fund House
SBI Mutual Fund
SEBI Category
Equity
Benchmark
S&P BSE Healthcare TRI
Fund Manager
Tanmaya Desai
AMFI Code
119783
Risk Level
Very High
NAV Records in DB
2,603 days
Quarterly Average AUM · Jan–Mar 2026
₹3.8K Cr
↓ Decreased by 1.9% vs Oct–Dec 2025 · ₹3.9K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Investors wanting healthcare sector exposure with lower FDA concentration risk. Those with conviction on India's domestic healthcare growth story alongside pharma exports. Long-term investors with 7+ year horizon.
Broader healthcare coverage — pharma plus hospitals, diagnostics and healthcare IT. Reduces FDA concentration risk versus pure pharma funds. SBI distribution for easy access. Long manager tenure since 2013 provides full-cycle sector performance data.
✗ Not Suitable For
Pure pharma investors — SBI Healthcare's broader mandate means lower pharma concentration. Those who cannot handle healthcare sector volatility. Investors with short investment horizons.
Who Runs This Fund

Fund Manager

TD
Tanmaya Desai
SBI Mutual Fund · Managing since June 2013

Tanmaya Desai is Fund Manager at SBI Funds Management and manages both SBI Technology Opportunities Fund and SBI Healthcare Opportunities Fund — applying specialist sector research expertise across two distinct sector mandates. In healthcare, he focuses on the broader sector ecosystem — pharma manufacturers, hospital chains, diagnostic companies and healthcare IT — rather than purely pharmaceutical companies.

For current co-manager details and full biography, refer to the latest SBI Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119783
The official AMFI scheme code for SBI HEALTHCARE OPPORTUNITIES FUND Direct Growth is 119783. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Managing two sector funds simultaneously — technology and healthcare — raises bandwidth questions. Monitor whether Tanmaya Desai's attention is sufficiently dedicated to both sector mandates simultaneously. Investors should periodically review the portfolio activity to assess research quality and investment conviction.
Investment Objective
As per Scheme Information Document
To provide the investors with opportunities for long-term capital appreciation by investing predominantly in equity and equity related instruments of healthcare and pharmaceutical companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Healthcare & Pharma Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Nippon India Pharma Fund ₹637.53 ₹7.9K Cr Jan–Mar 2026 +10.2% +22.1% p.a. +13.8% p.a. 1.40
SBI Healthcare Opportunities Fund ▲ ₹585.83 ₹3.8K Cr Jan–Mar 2026 +16.4% +25.6% p.a. +17.7% p.a. 1.60
DSP Healthcare Fund ₹50.05 ₹3.0K Cr Jan–Mar 2026 +14.0% +24.3% p.a. +16.4% p.a. 1.72
Mirae Asset Healthcare Fund ₹50.70 ₹2.7K Cr Jan–Mar 2026 +17.2% +25.8% p.a. +16.0% p.a. 1.56
HDFC Pharma and Healthcare Fund ₹21.70 ₹1.9K Cr Jan–Mar 2026 +22.7%
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,603 daily NAV records in RightAdvise DB. Last calculated: Jul 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
+6.6%
3 MonthPoint-to-point
+18.1%
6 MonthPoint-to-point
+19.0%
1 YearPoint-to-point
+16.4%
3 YearCAGR
+25.6% p.a.
5 YearCAGR
+17.7% p.a.
10 YearCAGR
+14.8% p.a.
₹1 Lakh → 5YLump sum growth
₹225,490

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+86.5%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-18.1%
Sep 2018 – Oct 2019
Best 3Y CAGRCAGR p.a.
+32.2% p.a.
Jun 2022 – Jul 2025
Worst 3Y CAGRCAGR p.a.
-9.6% p.a.
Sep 2016 – Oct 2019

Calendar Year Returns

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

2025
-2.5%
2024
+43.8%
2023
+39.7%
2022
-5.0%
2021
+21.5%
2020
+67.7%
2019
+0.5%
2018
-8.8%
2017
+3.3%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
16.8%
Positive in 66% of windows
Best: 86.5% · Worst: -18.1%
3Y Rolling Avg
17.8% p.a.
Positive in 85% of windows
Best: 32.2% · Worst: -9.6%
5Y Rolling Avg
18.8% p.a.
Positive in 100% of windows
Best: 34.0% · Worst: 6.9%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-28.6%
Jan 2016 → Mar 2020
Recovered: Jun 2020 (3 mos)
Current from Peak
-0.5%
All-time Peak: ₹579.40
Peak date: Jul 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-13.5%
Sep 27, 2024 – Apr 7, 2025
Recovered: Jul 2025 (7 mos)
COVID-19 Crash
-22.7%
Feb 19 – Mar 23, 2020
Recovered: Apr 2020 (1 mo)
2022 Rate Hike Cycle
-16.0%
Jan 17 – Jun 17, 2022
Recovered: May 2023 (1yr 4mo)
2018 IL&FS Crisis
-14.4%
Aug 28 – Oct 26, 2018
Recovered: Apr 2020 (2yr 1mo)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jul 2026. What do these mean? →

Sharpe Ratio (3Y)
1.60
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
2.34
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.8%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what SBI HEALTHCARE OPPORTUNITIES FUND is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Equity Funds

See how SBI HEALTHCARE OPPORTUNITIES FUND ranks against other Equity funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.