📊 Equity Fund · Deep Analysis

SBI TECHNOLOGY OPPORTUNITIES FUND

SBI Mutual Fund · Direct Growth · SEBI Category: Equity

Current NAV ₹214.3516 (+0.04% today) As of 04 Jun 2026
1 Year Return -8.3%
3 Year CAGR +11.0% p.a.
5 Year CAGR +11.8% p.a.
AAUM ₹4.5K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,573 daily NAV records
Fund Overview

SBI TECHNOLOGY OPPORTUNITIES FUND — Quick Summary

SBI Technology Opportunities Fund has one of the longer continuous management tenures in the Indian technology sector fund category — Tanmaya Desai has been managing the fund since 2013. This means investors can evaluate over 10 years of consistent performance data under the same manager — a rare quality in sector fund investing. The fund focuses on Indian IT services companies with selective exposure to technology-enabled businesses across other sectors.

The fund invests primarily in the large cap IT services companies that drive the Indian technology sector — TCS, Infosys, Wipro, HCL Tech and Tech Mahindra — with selective mid-tier IT exposure for higher growth potential. SBI MF's nationwide distribution means this fund is accessible to a very wide retail investor base across India, many of whom choose it as their technology sector exposure vehicle.

Fund House
SBI Mutual Fund
SEBI Category
Equity
Benchmark
Nifty IT TRI
Fund Manager
Tanmaya Desai
AMFI Code
120578
Risk Level
Very High
NAV Records in DB
2,573 days
Quarterly Average AUM · Jan–Mar 2026
₹4.5K Cr
↓ Decreased by 7.6% vs Oct–Dec 2025 · ₹4.9K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Investors wanting straightforward Indian IT sector exposure through a large, accessible fund. Those who value long manager tenure and track record in their sector fund choice. SBI customers wanting technology sector exposure through familiar banking relationship.
Long fund manager tenure since 2013 — substantial performance data for evaluation. SBI's nationwide distribution makes this fund accessible to retail investors across India. Focus on large cap IT companies provides relatively more stable technology sector exposure. Experienced specialist managing the fund through multiple IT cycles.
✗ Not Suitable For
Aggressive investors wanting mid-tier IT or global technology exposure — SBI Tech is large-cap oriented. Those who cannot handle the fund falling 30%+ during US economic slowdowns. Investors with short 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 the SBI Technology Opportunities Fund. He has been managing this specific fund since 2013 — one of the longer continuous tenures on a technology sector fund in India. His deep familiarity with India's IT sector companies, their client relationships, employee dynamics and technology capability evolution gives him a nuanced understanding of the sector beyond simple financial analysis.

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: 120578
The official AMFI scheme code for SBI TECHNOLOGY OPPORTUNITIES FUND Direct Growth is 120578. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
India's IT sector is highly concentrated in a handful of large companies — TCS alone makes up 30-35% of the Nifty IT index. Any fund investing in this sector will have very high single-stock concentration. Always check the top 5-10 holdings and their concentration before investing.
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 technology and technology dependent companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Technology Funds Compared

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

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
ICICI Prudential Technology Fund ₹191.50 ₹14.2K Cr Jan–Mar 2026 -9.4% +9.8% p.a. +9.5% p.a. 0.32
SBI Technology Opportunities Fund ▲ ₹214.35 ₹4.5K Cr Jan–Mar 2026 -8.3% +11.0% p.a. +11.8% p.a. 0.41
Aditya Birla Sun Life Digital India Fund ₹4.1K Cr Jan–Mar 2026
Franklin India Technology Fund ₹498.04 ₹1.7K Cr Jan–Mar 2026 -7.1% +14.6% p.a. +11.3% p.a. 0.77
HDFC Technology Fund ₹11.37 ₹1.5K Cr Jan–Mar 2026 -14.1%
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 2,573 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

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

1 MonthPoint-to-point
+3.1%
3 MonthPoint-to-point
+2.8%
6 MonthPoint-to-point
-16.1%
1 YearPoint-to-point
-8.3%
3 YearCAGR
+11.0% p.a.
5 YearCAGR
+11.8% p.a.
10 YearCAGR
+16.2% p.a.
₹1 Lakh → 5YLump sum growth
₹167,622

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
+119.7%
Apr 2020 – Apr 2021
Worst 1Y WindowSimple return
-20.1%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+42.1% p.a.
Dec 2018 – Jan 2022
Worst 3Y CAGRCAGR p.a.
+4.9% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

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

2025
+2.6%
2024
+31.5%
2023
+26.3%
2022
-14.5%
2021
+68.5%
2020
+48.8%
2019
+13.2%
2018
+19.0%
2017
+13.7%
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
22.0%
Positive in 80% of windows
Best: 119.7% · Worst: -20.1%
3Y Rolling Avg
22.3% p.a.
Positive in 100% of windows
Best: 42.1% · Worst: 4.9%
5Y Rolling Avg
24.6% p.a.
Positive in 100% of windows
Best: 33.0% · Worst: 11.0%
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
-29.9%
Feb 2020 → Mar 2020
Recovered: Jul 2020 (5 mos)
Current from Peak
-18.0%
All-time Peak: ₹268.95
Peak date: Dec 2025

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
-21.6%
Sep 27, 2024 – Apr 7, 2025
Recovered: Dec 2025 (11 mos)
COVID-19 Crash
-29.8%
Feb 19 – Mar 23, 2020
Recovered: Jul 2020 (5 mos)
2022 Rate Hike Cycle
-24.0%
Jan 17 – Jun 17, 2022
Recovered: Sep 2023 (1yr 9mo)
2018 IL&FS Crisis
-11.9%
Aug 28 – Oct 26, 2018
Recovered: Apr 2019 (8 mos)
Risk Metrics

Risk Ratios

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

Sharpe Ratio (3Y)
0.41
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.60
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
14.9%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what SBI TECHNOLOGY 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 TECHNOLOGY 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.