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holdings

SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth

Hybrid: Conservative Hybrid - Growth (Open ended)

SEBI Riskometer: Moderately HighCategory: Hybrid: Conservative HybridBenchmark: CRISIL Hybrid 65+35 Conservative IndexCheck Portfolio Overlap →

NAV: ₹15.89-0.18%

22 Oct 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth.

Asset Allocation

As on 30 Sep 2026

Debt

50.28%

Equity

38.21%

Others

11.51%

Market Cap Distribution

Large Cap (48.7%)

Mid Cap (25.8%)

Small Cap (25.5%)

Historical Asset Allocation

Asset	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Equity	38.21%	39.31%	39.12%	39.18%	39.01%	39.41%
Debt	50.28%	55.06%	53.64%	58.16%	48.44%	54.94%
Others (incl. cash)	11.51%	5.63%	7.24%	2.66%	12.55%	5.65%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

P/E Ratio

32.67

P/B Ratio

4.17

Top Holding %

11.51%

Top 5 Holdings %

39.94%

Top 10 Holdings %

51.81%

Modified Duration

2.53 yrs

Avg. Maturity

3.02 yrs

Yield to Maturity

6.68%

AUM

₹248 Cr

Expense Ratio

1.26%

Since Inception

8.46%

Max Drawdown

-0.07%

Sharpe Ratio

0.15

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
HDFC Bank Ltd.	Financial	89,020	6.31	2.54%	0.07%↑
ICICI Bank Ltd.	Financial	43,400	5.74	2.31%	-0.16%↓
Larsen & Toubro Ltd.	Construction	10,445	3.93	1.58%	-0.07%↓
State Bank of India	Financial	38,400	3.68	1.49%	-0.11%↓
Maruti Suzuki India Ltd.	Automobile	2,450	2.93	1.18%	-0.12%↓
Ultratech Cement Ltd.	Materials	2,650	2.9	1.17%	-0.02%↓
Kotak Mahindra Bank Ltd.	Financial	63,400	2.64	1.07%	0.02%↑
Urban Company Ltd.	Consumer Staples	1,60,301	2.52	1.02%	-0.03%↓
JSW Infrastructure Ltd.	Services	65,750	2.34	0.95%	0.07%↑
Bajaj Finance Ltd.	Financial	23,800	2.28	0.92%	-0.07%↓
Lenskart Solutions Ltd.	Consumer Discretionary	33,281	2.28	0.92%	0.05%↑
Anthem Biosciences Ltd.	Healthcare	24,000	2.06	0.83%	-0.01%↓
CORONA Remedies Ltd.	Healthcare	9,620	2.01	0.81%	-
Hyundai Motor India Ltd.	Automobile	9,200	1.87	0.75%	-0.04%↓
Sona BLW Precision Forgings Ltd.	Automobile	22,300	1.85	0.75%	0.04%↑
Timken India Ltd.	Capital Goods	5,780	1.81	0.73%	0.02%↑
TVS Motor Company Ltd.	Automobile	4,350	1.79	0.72%	-0.02%↓
Divis Laboratories Ltd.	Healthcare	1,900	1.77	0.71%	0.01%↑
Elevate Campuses Ltd.	Construction	54,419	1.76	0.71%	-
Central Depository Services (India) Ltd.	Financial	13,875	1.75	0.71%	-0.06%↓

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Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Financial	9.96%	11.52%	11.64%	11.30%	10.80%	11.11%
Automobile	3.95%	4.13%	3.53%	3.35%	3.84%	3.87%
Construction	3.70%	3.16%	3.20%	3.17%	3.15%	3.07%
Services	3.50%	3.51%	3.33%	3.08%	2.30%	2.32%
Capital Goods	3.36%	3.45%	3.72%	3.94%	4.05%	3.96%
Healthcare	3.27%	2.65%	2.29%	1.65%	0.50%	0.95%
Materials	2.96%	3.24%	3.47%	3.68%	3.69%	2.91%
Consumer Staples	1.58%	1.62%	1.38%	1.46%	1.37%	1.58%
Technology	1.52%	1.64%	1.43%	1.22%	1.99%	2.15%
Consumer Discretionary	1.35%	1.33%	0.99%	0.93%	0.49%	0.56%
Chemicals	1.26%	1.34%	1.22%	1.22%	1.16%	1.07%
Metals & Mining	0.94%	0.88%	1.00%	2.14%	2.17%	1.93%
Energy	0.48%	0.46%	1.11%	1.14%	2.61%	3.07%
Textiles	0.38%	0.37%	0.41%	0.52%	0.49%	0.46%
Insurance	-	-	0.40%	0.38%	0.40%	0.40%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
AAA	16.96%	19.17%
Cash & Call Money	11.51%	13.97%
SOV	10.38%	23.94%
AA+	8.87%	4.86%
AA	1.98%	3.91%
A	-	0.78%
A+	-	1.28%
A-	-	0.25%
A1+	-	2.95%
AA-	-	1.23%
B+	-	1.85%
B-	-	2.24%
BBB+	-	0.00%
Cash	-	0.21%
D	-	0.09%
Others	-	0.17%
Term Deposits	-	0.01%
Unrated	-	0.09%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

49.3 / 100

Weighted average Value score is 49.3. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

56.5 / 100

Weighted average Price Momentum score is 56.5. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

70.3 / 100

Weighted average Quality score is 70.3. This indicates that portfolio has average quality using composite of quality measures.

QVM score

66.2 / 100

Weighted average QVM score is 66.2. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Honeywell Automation India Ltd.	-0.15
Navin Fluorine International Ltd.	-1.38
Torrent Power Ltd.	-1.7
JSW Infrastructure Ltd.	-1.74
Sona BLW Precision Forgings Ltd.	-1.03
Anthem Biosciences Ltd.	-1.63
Brigade Hotel Ventures Ltd.	-1.24
Sudeep Pharma Ltd.	0.66
CORONA Remedies Ltd.	-1.4

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): DLF Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
TVS Motor Company Ltd.	3.43
Jubilant FoodWorks Ltd.	2.14
Interglobe Aviation Ltd.	11.15

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
GOI	GOI Securities	0.00%	07/12/2031	SOV	10.38%
Deutsche Bank AG (India)	Interest Rate Swap	0.00%	23/07/2031	-	10.08%
National Bank For Agriculture & Rural Development	Bonds	7.44%	17/07/2029	CRISIL AAA	3.99%
Bharat Sanchar Nigam Ltd	Debenture	7.72%	22/12/2032	CRISIL AAA(CE)	3.97%
Summit Digitel Infrastructure Pvt. Ltd.	Debenture	7.58%	30/10/2031	CRISIL AAA	2.97%
Torrent Power Ltd.	Debenture	8.50%	07/06/2032	CRISIL AA+	2.03%
Cholamandalam Investment and Finance Company Ltd.	Debenture	0.00%	27/02/2029	[ICRA]AA+	2.02%
ICICI Securities Primary Dealership Ltd.	Interest Rate Swap	0.00%	04/06/2029	-	2.02%
Power Finance Corporation Ltd.	Debenture	7.77%	15/04/2028	CRISIL AAA	2.02%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL AA+	2.01%
REC Ltd.	Debenture	7.69%	31/01/2033	CRISIL AAA	2.00%
Tata Power Renewable Energy Ltd.	Debenture	7.85%	19/09/2034	[ICRA]AA+	2.00%
Knowledge Realty Trust	Non Convertible Debenture	0.00%	21/02/2029	CRISIL AAA	2.00%
Cholamandalam Investment and Finance Company Ltd.	Non Convertible Debenture	0.00%	0	[ICRA]AA	1.98%
Union Bank of India	Additional Tier 1 Bond	8.70%	0	CRISIL AA+	0.81%

Frequently Asked Questions

What are the top holdings of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

The top holdings of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth as of 30 Sep 2026 are Others (11.51%), GOI (10.38%), Deutsche Bank AG (India) (10.08%), National Bank For Agriculture & Rural Development (3.99%), Bharat Sanchar Nigam Ltd (3.97%). These top 5 stocks together account for 39.94% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth hold in its portfolio?

SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth holds 67 stocks in its portfolio as of 30 Sep 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

As of 30 Sep 2026, SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth's top sector allocations are Financial (9.96%), Automobile (3.95%), Construction (3.70%). You can find detailed sector allocation above.

What is the equity and debt allocation of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

As of 30 Sep 2026, SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth has 38.21% allocated to equity, and 50.28% to debt. You can also check the historical trends above.

What is the market cap allocation of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

As of 30 Sep 2026, SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth's market cap allocation is 48.74% in large caps, 25.75% in mid caps, and 25.50% in small caps.

What is the PE ratio of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth's portfolio?

The portfolio PE ratio of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth is 32.67 as of 30 Sep 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

As of 30 Sep 2026, SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth's debt portfolio has 16.96% in AAA-rated instruments, 1.98% in AA-rated, and 10.38% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth?

The latest portfolio disclosure for SBI Retirement Benefit Fund - Conservative Hybrid Plan Direct-Growth is as of 30 Sep 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Equity

38.21%

39.31%

39.12%

39.18%

39.01%

39.41%

Debt

50.28%

55.06%

53.64%

58.16%

48.44%

54.94%

Others (incl. cash)

11.51%

5.63%

7.24%

2.66%

12.55%

5.65%

Commodities

0.00%

Real Estate

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

HDFC Bank Ltd.

Financial

89,020

6.31

2.54%

0.07%↑

ICICI Bank Ltd.

Financial

43,400

5.74

2.31%

-0.16%↓

Larsen & Toubro Ltd.

Construction

10,445

3.93

1.58%

-0.07%↓

State Bank of India

Financial

38,400

3.68

1.49%

-0.11%↓

Maruti Suzuki India Ltd.

Automobile

2,450

2.93

1.18%

-0.12%↓

Ultratech Cement Ltd.

Materials

2,650

2.9

1.17%

-0.02%↓

Kotak Mahindra Bank Ltd.

Financial

63,400

2.64

1.07%

0.02%↑

Urban Company Ltd.

Consumer Staples

1,60,301

2.52

1.02%

-0.03%↓

JSW Infrastructure Ltd.

Services

65,750

2.34

0.95%

0.07%↑

Bajaj Finance Ltd.

Financial

23,800

2.28

0.92%

-0.07%↓

Lenskart Solutions Ltd.

Consumer Discretionary

33,281

2.28

0.92%

0.05%↑

Anthem Biosciences Ltd.

Healthcare

24,000

2.06

0.83%

-0.01%↓

CORONA Remedies Ltd.

Healthcare

9,620

2.01

0.81%

Hyundai Motor India Ltd.

Automobile

9,200

1.87

0.75%

-0.04%↓

Sona BLW Precision Forgings Ltd.

Automobile

22,300

1.85

0.75%

0.04%↑

Timken India Ltd.

Capital Goods

5,780

1.81

0.73%

0.02%↑

TVS Motor Company Ltd.

Automobile

4,350

1.79

0.72%

-0.02%↓

Divis Laboratories Ltd.

Healthcare

1,900

1.77

0.71%

0.01%↑

Elevate Campuses Ltd.

Construction

54,419

1.76

0.71%

Central Depository Services (India) Ltd.

Financial

13,875

1.75

0.71%

-0.06%↓

Sector

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Financial

9.96%

11.52%

11.64%

11.30%

10.80%

11.11%

Automobile

3.95%

4.13%

3.53%

3.35%

3.84%

3.87%

Construction

3.70%

3.16%

3.20%

3.17%

3.15%

3.07%

Services

3.50%

3.51%

3.33%

3.08%

2.30%

2.32%

Capital Goods

3.36%

3.45%

3.72%

3.94%

4.05%

3.96%

Healthcare

3.27%

2.65%

2.29%

1.65%

0.50%

0.95%

Materials

2.96%

3.24%

3.47%

3.68%

3.69%

2.91%

Consumer Staples

1.58%

1.62%

1.38%

1.46%

1.37%

1.58%

Technology

1.52%

1.64%

1.43%

1.22%

1.99%

2.15%

Consumer Discretionary

1.35%

1.33%

0.99%

0.93%

0.49%

0.56%

Chemicals

1.26%

1.34%

1.22%

1.16%

1.07%

Metals & Mining

0.94%

0.88%

1.00%

2.14%

2.17%

1.93%

Energy

0.48%

0.46%

1.11%

1.14%

2.61%

3.07%

Textiles

0.38%

0.37%

0.41%

0.52%

0.49%

0.46%

Insurance

0.40%

0.38%

0.40%

Rating

Fund