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Sectoral / Thematic · SBI Mutual Fund · AMFI code 146641SBI Equity Minimum Variance Fund
Disclosed for 41 months, Jan 2023 to Sep 2026.
Portfolio value
₹215 Cr
up ₹5.8 Cr vs Jun 2026
- Stocks held
- 50
- unchanged
- Top 10 weight
- 57.5%
- of the portfolio in its ten largest
- Cash & debt
- 1.3%
- cash, money market and debt
- Moves this month
- 0 in · 0 out
- added to 10, trimmed 23
SBI Equity Minimum Variance Fund is an active equity fund in the Sectoral / Thematic category from SBI Mutual Fund. In July 2026 it disclosed 50 stocks worth ₹215 Cr, up ₹5.8 Cr from Jun 2026. Its largest positions were Sun Pharmaceutical Industries Limited (8.3%), Nestle India Limited (8.1%), Apollo Hospitals Enterprise Limited (8.0%); the ten largest together made up 57.5% of the portfolio, and Pharmaceuticals & Biotechnology was the biggest sector at 16.4% of its equity. Cash and debt stood at 1.3%. Compared with Jun 2026 the fund entered 0 new stocks and exited 0.
Against 226 other Sectoral / Thematic funds
Concentration
77%
Top-10 weight is higher than 77% of peers
Breadth
64%
Holds more stocks than 64% of peers
Cash
16%
Holds more cash than 16% of peers
Holdings in July 2026
Download CSVEvery line the fund disclosed, with the change against Jun 2026. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.30%
- Δ weight
- up 0.25 pts
- Value
- ₹17.8 Cr
- Δ value
- up ₹1 Cr
- Status
- Added
- Weight
- 8.14%
- Δ weight
- down 0.48 pts
- Value
- ₹17.5 Cr
- Δ value
- down ₹54 L
- Status
- Trimmed
- Weight
- 8.03%
- Δ weight
- up 4.44 pts
- Value
- ₹17.3 Cr
- Δ value
- up ₹9.8 Cr
- Status
- Added
- Weight
- 5.95%
- Δ weight
- down 1.55 pts
- Value
- ₹12.8 Cr
- Δ value
- down ₹2.9 Cr
- Status
- Trimmed
- Weight
- 5.26%
- Δ weight
- down 0.87 pts
- Value
- ₹11.3 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 5.00%
- Δ weight
- down 0.98 pts
- Value
- ₹10.7 Cr
- Δ value
- down ₹1.8 Cr
- Status
- Trimmed
- Weight
- 4.84%
- Δ weight
- down 0.65 pts
- Value
- ₹10.4 Cr
- Δ value
- down ₹1.1 Cr
- Status
- Trimmed
- Weight
- 4.55%
- Δ weight
- up 2.49 pts
- Value
- ₹9.8 Cr
- Δ value
- up ₹5.5 Cr
- Status
- Added
- Weight
- 4.37%
- Δ weight
- up 2.51 pts
- Value
- ₹9.4 Cr
- Δ value
- up ₹5.5 Cr
- Status
- Added
- Weight
- 3.03%
- Δ weight
- down 0.40 pts
- Value
- ₹6.5 Cr
- Δ value
- down ₹66 L
- Status
- Trimmed
- Weight
- 2.01%
- Δ weight
- up 0.07 pts
- Value
- ₹4.3 Cr
- Δ value
- up ₹26 L
- Status
- Added
- Weight
- 1.46%
- Δ weight
- down 1.24 pts
- Value
- ₹3.1 Cr
- Δ value
- down ₹2.5 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 1.29%
- Δ weight
- down 0.08 pts
- Value
- ₹2.8 Cr
- Δ value
- down ₹10 L
- Status
- Trimmed
- Weight
- 1.22%
- Δ weight
- up 0.01 pts
- Value
- ₹2.6 Cr
- Δ value
- up ₹10 L
- Status
- Added
- Weight
- 1.14%
- Δ weight
- up 0.13 pts
- Value
- ₹2.5 Cr
- Δ value
- up ₹33 L
- Status
- Added
- Weight
- 1.11%
- Δ weight
- down 0.44 pts
- Value
- ₹2.4 Cr
- Δ value
- down ₹85 L
- Status
- Trimmed
- Weight
- 1.09%
- Δ weight
- down 0.02 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.07%
- Δ weight
- up 0.07 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹22 L
- Status
- Added
- Weight
- 1.06%
- Δ weight
- up 0.08 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹22 L
- Status
- Added
- Weight
- 1.06%
- Δ weight
- up 0.36 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹81 L
- Status
- Added
- Weight
- 1.05%
- Δ weight
- up 0.01 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹8 L
- Status
- Added
- Weight
- 1.05%
- Δ weight
- up 0.08 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹23 L
- Status
- Added
- Weight
- 1.04%
- Δ weight
- up 0.11 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹29 L
- Status
- Added
- Weight
- 1.04%
- Δ weight
- up 0.10 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹27 L
- Status
- Added
- Weight
- 1.03%
- Δ weight
- up 0.23 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹54 L
- Status
- Added
- Weight
- 1.03%
- Δ weight
- down 0.74 pts
- Value
- ₹2.2 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 1.01%
- Δ weight
- up 0.03 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹12 L
- Status
- Added
- Weight
- 1.01%
- Δ weight
- up 0.04 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹14 L
- Status
- Added
- Weight
- 1.00%
- Δ weight
- up 0.25 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹59 L
- Status
- Added
- Weight
- 1.00%
- Δ weight
- up 0.05 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹16 L
- Status
- Added
- Weight
- 1.00%
- Δ weight
- down 1.76 pts
- Value
- ₹2.1 Cr
- Δ value
- down ₹3.6 Cr
- Status
- Trimmed
- Weight
- 0.99%
- Δ weight
- up 0.10 pts
- Value
- ₹2.1 Cr
- Δ value
- up ₹27 L
- Status
- Added
- Weight
- 0.98%
- Δ weight
- up 0.10 pts
- Value
- ₹2.1 Cr
- Δ value
- up ₹27 L
- Status
- Added
- Weight
- 0.97%
- Δ weight
- down 0.05 pts
- Value
- ₹2.1 Cr
- Δ value
- down ₹6 L
- Status
- Trimmed
- Weight
- 0.96%
- Δ weight
- up 0.06 pts
- Value
- ₹2.1 Cr
- Δ value
- up ₹18 L
- Status
- Added
- Weight
- 0.96%
- Δ weight
- down 0.10 pts
- Value
- ₹2.1 Cr
- Δ value
- down ₹16 L
- Status
- Trimmed
- Shriram Transport Finance Company LimitedShriram Finance Limited · history in this fund
- Weight
- 0.96%
- Δ weight
- down 0.11 pts
- Value
- ₹2.1 Cr
- Δ value
- down ₹18 L
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- down 0.15 pts
- Value
- ₹2.1 Cr
- Δ value
- down ₹26 L
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- down 0.05 pts
- Value
- ₹2 Cr
- Δ value
- down ₹5 L
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- up 0.03 pts
- Value
- ₹2 Cr
- Δ value
- up ₹12 L
- Status
- Added
- Weight
- 0.95%
- Δ weight
- down 0.14 pts
- Value
- ₹2 Cr
- Δ value
- down ₹24 L
- Status
- Trimmed
- Weight
- 0.95%
- Δ weight
- down 0.10 pts
- Value
- ₹2 Cr
- Δ value
- down ₹16 L
- Status
- Trimmed
- Weight
- 0.94%
- Δ weight
- up 0.04 pts
- Value
- ₹2 Cr
- Δ value
- up ₹14 L
- Status
- Added
- Weight
- 0.94%
- Δ weight
- up 0.01 pts
- Value
- ₹2 Cr
- Δ value
- up ₹7 L
- Status
- Added
- Weight
- 0.93%
- Δ weight
- down 0.24 pts
- Value
- ₹2 Cr
- Δ value
- down ₹46 L
- Status
- Trimmed
- Weight
- 0.92%
- Δ weight
- down 0.59 pts
- Value
- ₹2 Cr
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Weight
- 0.92%
- Δ weight
- down 0.06 pts
- Value
- ₹2 Cr
- Δ value
- down ₹6 L
- Status
- Trimmed
- Weight
- 0.91%
- Δ weight
- up 0.02 pts
- Value
- ₹2 Cr
- Δ value
- up ₹9 L
- Status
- Added
- Weight
- 0.88%
- Δ weight
- down 0.38 pts
- Value
- ₹1.9 Cr
- Δ value
- down ₹75 L
- Status
- Trimmed
- Weight
- 0.88%
- Δ weight
- down 0.15 pts
- Value
- ₹1.9 Cr
- Δ value
- down ₹26 L
- Status
- Trimmed
- Weight
- 0.88%
- Δ weight
- down 0.32 pts
- Value
- ₹1.9 Cr
- Δ value
- down ₹62 L
- Status
- Trimmed
What changed, Jun 2026 to Jul 2026
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Apollo Hospitals Enterprise Limitedup ₹9.8 Cr (+4.44% pts)
- Coal India Limitedup ₹5.5 Cr (+2.51% pts)
- Tech Mahindra Limitedup ₹5.5 Cr (+2.49% pts)
- Sun Pharmaceutical Industries Limitedup ₹1 Cr (+0.25% pts)
- Infosys Limitedup ₹81 L (+0.36% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jun 2026, the weight rose most in Healthcare Services (+4.3 pts) and IT - Software (+2.7 pts), and fell most in Diversified FMCG (−2.5 pts) and Banks (−2.0 pts).
- Healthcare Services4.8% → 9.1%+4.3 pts
- IT - Software6.4% → 9.1%+2.7 pts
- Consumable Fuels1.9% → 4.4%+2.5 pts
- Oil0.8% → 1.0%+0.3 pts
- Automobiles5.1% → 5.2%+0.2 pts
- Ferrous Metals1.9% → 2.0%+0.1 pts
- Diversified FMCG13.8% → 11.4%−2.5 pts
- Banks6.8% → 4.8%−2.0 pts
- Consumer Durables3.7% → 2.6%−1.2 pts
- Agricultural Food & Other Products6.1% → 5.1%−1.0 pts
- Pharmaceuticals & Biotechnology17.2% → 16.4%−0.8 pts
- Insurance2.7% → 2.0%−0.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jul 2023 | Jul 2025 | Jan 2026 | Apr 2026 | Jun 2026 | Jul 2026 |
|---|---|---|---|---|---|---|
| Pharmaceuticals & Biotechnology | 21.7% | 13.6% | 14.1% | 16.2% | 17.2% | 16.4% |
| Diversified FMCG | 9.2% | 15.3% | 16.0% | 14.8% | 13.8% | 11.4% |
| Healthcare Services | 1.0% | 6.6% | 4.1% | 4.2% | 4.8% | 9.1% |
| IT - Software | 12.0% | 8.0% | 7.1% | 7.2% | 6.4% | 9.1% |
| Food Products | 15.1% | 7.7% | 8.8% | 9.0% | 8.7% | 8.2% |
| Automobiles | 5.9% | 6.0% | 4.9% | 5.0% | 5.1% | 5.2% |
| Agricultural Food & Other Products | 1.0% | 3.8% | 5.0% | 6.4% | 6.1% | 5.1% |
| Banks | 6.0% | 9.8% | 9.9% | 6.4% | 6.8% | 4.8% |
| Consumable Fuels | 1.0% | 1.0% | 1.1% | 2.1% | 1.9% | 4.4% |
| Finance | 2.0% | 3.9% | 3.9% | 4.0% | 4.2% | 4.2% |
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Jul 2026
1.3%
▼ 0.1 pts vs Jun 2026
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 0.2%
- Jul 2025 · now ▲ 1.1 pts
- Last 12 months
- −<0.1% – 1.8%
- lowest to highest · record 1.8% in Mar 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.