About SBI Focused Fund
SBI Focused Fund is a focused fund managed by SBI Mutual Fund. Hold a concentrated portfolio of at most 30 stocks, so returns depend heavily on a few picks.
To provide the investor with the opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity related securities.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹472.0264 | 119727 |
| Direct | IDCW | ₹115.0282 | 119834 |
| Regular | Growth | ₹416.1899 | 102756 |
| Regular | IDCW | ₹76.1247 | 102765 |
Frequently asked questions
What is the NAV of SBI Focused Fund today?
The NAV of SBI Focused Fund (Direct plan, Growth) is ₹472.0264 and the Regular plan NAV is ₹416.1899, as of 12 Nov 2026.
What returns has SBI Focused Fund given?
Over the last year the Direct plan returned 12.86%, and 17.26% a year over 3 years and 10.85% a year over 5 years. That places it 4 of 27 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Focused Fund?
The Direct plan charges 0.84% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Focused Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has SBI Focused Fund fallen in the past?
Its deepest fall was 32.7% from 20 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 85% ended in a gain.
What does SBI Focused Fund invest in?
As on 31 Oct 2026 it held 28 positions, the largest being Bajaj Finance Ltd (8.8%), ICICI Bank Ltd (7.5%), Kotak Mahindra Bank Ltd (6.4%). Its biggest sector was banks at 19.1% of the fund. Portfolios change every month.
Which category does SBI Focused Fund belong to?
It is a Focused Fund from SBI Mutual Fund. Hold a concentrated portfolio of at most 30 stocks, so returns depend heavily on a few picks.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Focused Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.