Performance Update

SBI Focused Equity: In revival mode

After a dull 2022, the fund has delivered an alpha of 2 per cent this year

After a dull 2022, the fund has delivered an alpha of 2 per cent this year

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Being a focused fund, SBI Focused Equity Fund can hold no more than 30 stocks in the portfolio. The fund has a growth tilt, with a liking for quality stocks. Steered by R Srinivasan, it has been one of the most consistent long-term outperformers. After a dull 2022, it has delivered an alpha of 2 per cent over the benchmark this year. However, it trails the category average by 1 per cent. Reasons for performance Its midcap holdings have rewarded well. ZF Commercial Vehicle Control Systems, NHPC, Delhivery, Max Healthcare and Medplus Health are the most notable mentions. Further, after holding Torrent Power for close to three years and Max Healthcare for two years, the fund manager has book

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