SBI Equity Minimum Variance Fund

SBI Mutual FundEquityPortfolio as of 31 July 2026

SBI Equity Minimum Variance Fund holds 52 instruments (98.72% equity), led by Sun Pharmaceutical Industries Limited (8.3%), Nestle India Limited (8.14%) and Apollo Hospitals Enterprise Limited (8.03%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
52
Equity Allocation
98.72%
AMC
SBI Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of SBI Equity Minimum Variance Fund, managed by SBI Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 52 instruments with an equity allocation of 98.72%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

SBI Equity Minimum Variance Fund's top 10 holdings account for 57.47% of its portfolio, more concentrated than the Equity category average of 37.5%. Healthcare is its largest sector exposure at 25.15% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 0 new positions and exited 0 positions, with Apollo Hospitals Enterprise Limited seeing the largest move (+4.44pp to 8.03%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

10 increased10 reduced

Biggest Weight Increases

StockWeightChange
Apollo Hospitals Enterprise Limited3.59% → 8.03%▲ +4.44
Coal India Limited1.86% → 4.37%▲ +2.51
Tech Mahindra Limited2.06% → 4.55%▲ +2.49
Infosys Limited0.7% → 1.06%▲ +0.36
Sun Pharmaceutical Industries Limited8.04% → 8.3%▲ +0.26
Oil & Natural Gas Corporation Limited0.75% → 1%▲ +0.25
Wipro Limited0.8% → 1.03%▲ +0.23
Bajaj Auto Limited1.01% → 1.14%▲ +0.13
Mahindra & Mahindra Limited0.93% → 1.04%▲ +0.11
Reliance Industries Limited0.88% → 0.98%▲ +0.1

Biggest Weight Reductions

StockWeightChange
ICICI Bank Limited2.76% → 1%▼ -1.76
Hindustan Unilever Limited7.5% → 5.95%▼ -1.55
Asian Paints Limited2.7% → 1.46%▼ -1.24
TATA CONSUMER PRODUCTS LIMITED5.98% → 5%▼ -0.98
ITC Limited6.12% → 5.26%▼ -0.86
SBI Life Insurance Company Limited1.76% → 1.03%▼ -0.73
Cipla Limited5.49% → 4.84%▼ -0.65
Adani Enterprises Limited1.51% → 0.92%▼ -0.59
Nestle India Limited8.63% → 8.14%▼ -0.49
Tata Consultancy Services Limited1.55% → 1.11%▼ -0.44

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 7.83%, Mar: 8.6%, Apr: 7.76%, May: 7.78%, Jun: 8.04%, Jul: 8.3%
8.3%
Feb: 8.32%, Mar: 8.23%, Apr: 8.9%, May: 8.74%, Jun: 8.63%, Jul: 8.14%
8.14%
Feb: 3.49%, Mar: 3.6%, Apr: 3.14%, May: 3.39%, Jun: 3.59%, Jul: 8.03%
8.03%
Feb: 8.21%, Mar: 7.84%, Apr: 7.92%, May: 7.64%, Jun: 7.5%, Jul: 5.95%
5.95%
Feb: 7.39%, Mar: 7.36%, Apr: 6.68%, May: 6.13%, Jun: 6.12%, Jul: 5.26%
5.26%

Full Portfolio (52 holdings)

#HoldingSector% to NAV
1Sun Pharmaceutical Industries LimitedHealthcare8.3%
2Nestle India LimitedConsumer Staples8.14%
3Apollo Hospitals Enterprise LimitedHealthcare8.03%
4Hindustan Unilever LimitedConsumer Staples5.95%
5ITC LimitedConsumer Staples5.26%
6TATA CONSUMER PRODUCTS LIMITEDConsumer Staples5%
7Cipla LimitedHealthcare4.84%
8Tech Mahindra LimitedInformation Technology4.55%
9Coal India LimitedEnergy4.37%
10Dr. Reddy's Laboratories LimitedHealthcare3.03%
11Bharti Airtel LimitedTelecommunication2.01%
12Asian Paints LimitedConsumer Discretionary1.46%
13TREPStreps1.24%
14HCL Technologies LimitedInformation Technology1.22%
15Bajaj Auto LimitedConsumer Discretionary1.14%
16Tata Consultancy Services LimitedInformation Technology1.11%
17Bajaj Finance LimitedFinancial Services1.09%
18Bajaj Finserv LimitedFinancial Services1.07%
19Titan Company LimitedConsumer Discretionary1.06%
20Infosys LimitedInformation Technology1.06%
21ETERNAL LIMITEDConsumer Discretionary1.05%
22Eicher Motors LimitedConsumer Discretionary1.05%
23Mahindra & Mahindra LimitedConsumer Discretionary1.04%
24Jio Financial Services LimitedFinancial Services1.04%
25Wipro LimitedInformation Technology1.03%
26SBI Life Insurance Company LimitedFinancial Services1.03%
27JSW Steel LimitedMaterials1.01%
28UltraTech Cement LimitedMaterials1.01%
29Oil & Natural Gas Corporation LimitedEnergy1%
30Hindalco Industries LimitedMaterials1%
31ICICI Bank LimitedFinancial Services1%
32Tata Steel LimitedMaterials0.99%
33Reliance Industries LimitedEnergy0.98%
34Maruti Suzuki India LimitedConsumer Discretionary0.97%
35Power Grid Corporation of India LimitedUtilities0.96%
36Tata Motors Passenger Vehicles LimitedConsumer Discretionary0.96%
37Shriram Finance LimitedFinancial Services0.96%
38Grasim Industries LimitedMaterials0.95%
39Kotak Mahindra Bank LimitedFinancial Services0.95%
40State Bank of IndiaFinancial Services0.95%
41Max Healthcare Institute LimitedHealthcare0.95%
42Larsen & Toubro LimitedIndustrials0.95%
43NTPC LimitedUtilities0.94%
44HDFC Life Insurance Company LimitedFinancial Services0.94%
45InterGlobe Aviation LimitedServices0.93%
46Adani Enterprises LimitedMaterials0.92%
47HDFC Bank LimitedFinancial Services0.92%
48Bharat Electronics LimitedIndustrials0.91%
49Trent LimitedConsumer Discretionary0.88%
50Axis Bank LimitedFinancial Services0.88%
51Adani Ports and Special Economic Zone LimitedServices0.88%
52Net Receivable / Payableother0.04%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, Sun Pharmaceutical Industries Limited is 8.3% of SBI Equity Minimum Variance Fund's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Nestle India Limited is 8.14% of SBI Equity Minimum Variance Fund's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Apollo Hospitals Enterprise Limited is 8.03% of SBI Equity Minimum Variance Fund's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, Hindustan Unilever Limited is 5.95% of SBI Equity Minimum Variance Fund's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, ITC Limited is 5.26% of SBI Equity Minimum Variance Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: SBI Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.