SBI Retirement Benefit Fund - Conservative Plan Direct-Growth
Hybrid: Conservative Hybrid - Growth (Open ended) Factsheet
SEBI Riskometer: Moderately HighCategory: Hybrid: Conservative HybridBenchmark: CRISIL Hybrid 85+15 Conservative Index
NAV: ₹14.96-0.76%
08 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for SBI Retirement Benefit Fund - Conservative Plan Direct-Growth.
Market Cap Distribution
Large Cap (62.1%)
Mid Cap (18.2%)
Small Cap (19.7%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 19.31% | 19.48% | 19.20% | 19.51% | 18.86% | 19.14% |
| Debt | 70.73% | 72.27% | 69.58% | 63.14% | 71.01% | 73.04% |
| Others (incl. cash) | 9.96% | 8.25% | 11.22% | 17.35% | 10.13% | 7.81% |
| 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
65
P/E Ratio
29.39
P/B Ratio
4.02
Top Holding %
15.55%
Top 5 Holdings %
45.84%
Top 10 Holdings %
67.70%
Modified Duration
7.76 yrs
Avg. Maturity
20.38 yrs
Yield to Maturity
7.51%
AUM
₹145 Cr
Expense Ratio
0.98%
Since Inception
7.73%
Max Drawdown
-0.04%
Sharpe Ratio
0.30
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 | 27,982 | 2.08 | 1.44% | -0.02%↓ |
| ICICI Bank Ltd. | Financial | 13,200 | 1.66 | 1.14% | -0.04%↓ |
| Reliance Industries Ltd. | Energy | 11,550 | 1.53 | 1.05% | -0.18%↓ |
| Larsen & Toubro Ltd. | Construction | 3,072 | 1.25 | 0.86% | 0.03%↑ |
| State Bank of India | Financial | 11,249 | 1.08 | 0.75% | -0.12%↓ |
| Maruti Suzuki India Ltd. | Automobile | 775 | 1.02 | 0.70% | 0.00% |
| Axis Bank Ltd. | Financial | 6,975 | 0.9 | 0.62% | 0.02%↑ |
| Ultratech Cement Ltd. | Materials | 710 | 0.82 | 0.56% | -0.05%↓ |
| Infosys Ltd. | Technology | 6,885 | 0.8 | 0.55% | -0.05%↓ |
| Kotak Mahindra Bank Ltd. | Financial | 20,500 | 0.79 | 0.54% | 0.01%↑ |
| Hindalco Industries Ltd. | Metals & Mining | 7,000 | 0.79 | 0.54% | 0.05%↑ |
| Bajaj Finance Ltd. | Financial | 7,100 | 0.64 | 0.44% | -0.01%↓ |
| Urban Company Ltd. | Consumer Staples | 50,932 | 0.61 | 0.42% | -0.10%↓ |
| Timken India Ltd. | Capital Goods | 1,640 | 0.6 | 0.41% | -0.02%↓ |
| JSW Cement Ltd. | Materials | 44,000 | 0.57 | 0.39% | - |
| Schaeffler India Ltd. | Capital Goods | 1,300 | 0.54 | 0.37% | 0.01%↑ |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 360 | 0.53 | 0.36% | 0.00% |
| Asian Paints Ltd. | Materials | 1,950 | 0.52 | 0.36% | 0.04%↑ |
| TVS Motor Company Ltd. | Automobile | 1,500 | 0.5 | 0.35% | -0.05%↓ |
| Thermax Ltd. | Capital Goods | 1,000 | 0.5 | 0.34% | 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 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Financial | 5.44% | 5.57% | 5.32% | 5.75% | 5.42% | 5.42% |
| Automobile | 1.98% | 1.99% | 1.94% | 2.04% | 1.84% | 1.93% |
| Capital Goods | 1.96% | 1.95% | 1.81% | 1.79% | 1.58% | 1.60% |
| Materials | 1.72% | 1.35% | 1.40% | 1.44% | 1.39% | 1.42% |
| Construction | 1.58% | 1.55% | 1.38% | 1.48% | 1.37% | 1.47% |
| Energy | 1.31% | 1.54% | 1.50% | 1.44% | 1.37% | 1.48% |
| Services | 1.15% | 1.15% | 1.08% | 0.93% | 0.89% | 0.97% |
| Technology | 0.99% | 1.06% | 1.20% | 1.16% | 1.40% | 1.43% |
| Metals & Mining | 0.98% | 0.87% | 0.83% | 0.89% | 0.88% | 0.85% |
| Consumer Staples | 0.65% | 0.75% | 0.83% | 0.68% | 0.69% | 0.72% |
| Chemicals | 0.61% | 0.56% | 0.51% | 0.51% | 0.52% | 0.51% |
| Healthcare | 0.27% | 0.46% | 0.72% | 0.68% | 0.77% | 0.80% |
| Textiles | 0.24% | 0.22% | 0.20% | 0.18% | 0.17% | 0.19% |
| Consumer Discretionary | 0.22% | 0.25% | 0.27% | 0.30% | 0.35% | 0.36% |
| Insurance | 0.21% | 0.21% | 0.21% | 0.24% | 0.22% | - |
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 |
|---|---|---|
| SOV | 28.60% | 30.38% |
| AAA | 22.19% | 17.67% |
| AA+ | 19.94% | 3.47% |
| Cash & Call Money | 9.96% | 9.83% |
| A | - | 0.15% |
| A+ | - | 0.97% |
| A- | - | 0.11% |
| A1+ | - | 2.36% |
| AA | - | 3.97% |
| AA- | - | 0.58% |
| B+ | - | 3.11% |
| B- | - | 2.82% |
| Cash | - | 0.69% |
| Others | - | 0.24% |
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
46.4 / 100
Weighted average Value score is 46.4. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
61.5 / 100
Weighted average Price Momentum score is 61.5. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
73.6 / 100
Weighted average Quality score is 73.6. This indicates that portfolio has average quality using composite of quality measures.
QVM score
69.4 / 100
Weighted average QVM score is 69.4. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
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 | 6.90% | 15/04/2065 | SOV | 15.55% |
| Bharat Sanchar Nigam Ltd | Debenture | 7.72% | 22/12/2032 | CRISIL AAA(CE) | 6.83% |
| National Bank For Agriculture & Rural Development | Bonds | 7.44% | 17/07/2029 | CRISIL AAA | 6.82% |
| GOI | GOI Securities | 7.43% | 19/01/2076 | SOV | 6.68% |
| GOI | GOI Securities | 7.09% | 25/11/2074 | SOV | 6.37% |
| Summit Digitel Infrastructure Pvt. Ltd. | Debenture | 7.58% | 30/10/2031 | CRISIL AAA | 5.11% |
| Torrent Power Ltd. | Debenture | 8.50% | 07/06/2032 | CRISIL AA+ | 3.48% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 0.00% | 27/02/2029 | ICRA AA+ | 3.45% |
| Godrej Properties Ltd. | Non Convertible Debenture | 8.15% | 03/07/2026 | [ICRA]AA+ | 3.45% |
| Muthoot Finance Ltd. | Debenture | 0.00% | 26/07/2029 | CRISIL AA+ | 3.45% |
| REC Ltd. | Debenture | 7.69% | 31/01/2033 | CRISIL AAA | 3.43% |
| Tata Power Renewable Energy Ltd. | Debenture | 7.85% | 19/09/2034 | [ICRA]AA+ | 3.35% |
| Union Bank of India | Additional Tier 1 Bond | 8.70% | 0 | CRISIL AA+ | 2.76% |
Frequently Asked Questions
What are the top holdings of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
The top holdings of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does SBI Retirement Benefit Fund - Conservative Plan Direct-Growth hold in its portfolio?
SBI Retirement Benefit Fund - Conservative Plan Direct-Growth holds 65 securities in its portfolio. The top 5 holdings account for 45.84% of the portfolio and the top 10 for 67.70%.
What is the sector allocation of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
The sector allocation of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
As of 31 May 2026, SBI Retirement Benefit Fund - Conservative Plan Direct-Growth has 19.31% in equity, 70.73% in debt and 9.96% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.51%.
What is the market cap allocation of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
SBI Retirement Benefit Fund - Conservative Plan Direct-Growth's equity portfolio — Large Cap: 62.07%, Mid Cap: 18.19%, Small Cap: 19.74%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is SBI Retirement Benefit Fund - Conservative Plan Direct-Growth a concentrated or diversified fund?
SBI Retirement Benefit Fund - Conservative Plan Direct-Growth holds 65 securities, with the top 10 accounting for 67.70% of the portfolio and the top 5 for 45.84%. This is a moderately diversified fund balancing conviction positions with risk spread.
What is the credit quality of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
The debt holdings of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth are rated as follows — SOV: 28.60%, AAA: 22.19%, AA+: 19.94%, Cash & Call Money: 9.96%. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.
How often does SBI Retirement Benefit Fund - Conservative Plan Direct-Growth change its portfolio?
The portfolio currently holds 65 securities with the top 10 accounting for 67.70% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth's portfolio?
The weighted average PE ratio of SBI Retirement Benefit Fund - Conservative Plan Direct-Growth's portfolio is 29.39 and the PB ratio is 4.02. The debt portfolio has a modified duration of 7.76 years and an average maturity of 20.38 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for SBI Retirement Benefit Fund - Conservative Plan Direct-Growth?
The latest portfolio disclosure for SBI Retirement Benefit Fund - Conservative Plan Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.