STOCK RESEARCH AI Institutional Equity Engine
Home › Mutual Funds › SBI_FOCUSED_DIR
Focused Fund SEBI Risk: Very High AMC: SBI Mutual Fund

SBI Focused Equity Fund - Direct Plan - Growth

Benchmark: BSE 500 TRI • Manager: Rama Iyer Srinivasan • Portfolio Date: 2026-09-30
Composite Health Score
85.7/100
INSTITUTIONAL_ALPHA
🔒 Deep Dive

Look-Through Forensics & Audit Narrative

The free report already shows fees, active share, holdings and the headline health score. The Deep Dive opens up what sits underneath the portfolio.

  • Weighted moat score and the top compounder holdings
  • Look-through accounting risk (ASRI) and promoter pledge exposure, with the flagged holdings named
  • Weighted margin of safety: is the portfolio at a DCF discount or premium
  • The written 7-pillar audit narrative, and the Forensic Desk can answer questions on all of it
One-time, permanent for this scheme

01: Dual-Sleeve Constituent Decomposition

Equity holdings evaluated via Forensic Equity Engine; Debt/bonds evaluated via Credit & Solvency Engine.
Equity: 55.8% (Score: 82.0) Debt: 0.0% (Score: 0.0) Cash / TREPS: 14.2%
Identifier Security Name Type Weight Sector / Rating Engine Score Diagnostic Notes
TREPS Cash Margin CASH_EQUIVALENT 14.2% CASH 100.0 Liquid Cash / Sovereign Collateral
HDFCBANK ↗ HDFC Bank Ltd EQUITY 9.5% Private Banks 82.0 Verified 7-Pillar Equity Dossier Available
ICICIBANK ↗ ICICI Bank Ltd EQUITY 8.8% Private Banks 82.0 Verified 7-Pillar Equity Dossier Available
INFY ↗ Infosys Ltd EQUITY 7.9% IT Services 82.0 Verified 7-Pillar Equity Dossier Available
RELIANCE ↗ Reliance Industries Ltd EQUITY 7.2% Energy & Petrochemicals 82.0 Verified 7-Pillar Equity Dossier Available
TCS ↗ Tata Consultancy Services EQUITY 6.5% IT Services 82.0 Verified 7-Pillar Equity Dossier Available
BHARTIARTL ↗ Bharti Airtel Ltd EQUITY 5.8% Telecom 82.0 Verified 7-Pillar Equity Dossier Available
BAJFINANCE ↗ Bajaj Finance Ltd EQUITY 5.2% NBFC 82.0 Verified 7-Pillar Equity Dossier Available
MARUTI ↗ Maruti Suzuki India EQUITY 4.9% Automobiles 82.0 Verified 7-Pillar Equity Dossier Available

02: True Diversification & Active Share

Exposing Closet Indexing: Active Share AS = 0.5 × ∑|w_fund - w_bench|
Active Share Score
72.0%
TRUE_ACTIVE_ALPHA

High Active Share: Portfolio significantly deviates from the passive benchmark, justified active fee.

Top 10 Holdings Concentration: 70.0%

03 & 04: Risk-Adjusted Alpha & Downside Capture

Evaluating asymmetrical compounding: Downside Capture Ratio vs Upside Capture Ratio.
Sortino Ratio
1.95
Downside Risk Only
Downside Capture
66.0%
Benchmark: ≤ 75%
Capture Spread
+35.0%
UCR (101.0%) - DCR
Hurst Exponent (H)
0.63
Persistent Momentum
3-Year Rolling Return Consistency: 83.0% of windows

05: Intermediary Fee Drag & Wealth Destruction

Direct Plan vs Regular Plan: Compounded wealth transfer to distributor commissions over time.
Annual Distributor Commission Drag
82.0 bps / yr (1.52% - 0.7%)
Time Horizon Direct Plan Value (Net) Regular Plan Value (Net) Cumulative Wealth Lost Percentage Corpus Destroyed
5 Years ₹1,707,953 ₹1,645,956 -₹61,996 3.6%
10 Years ₹2,917,102 ₹2,709,172 -₹207,930 7.1%
15 Years ₹4,982,272 ₹4,459,180 -₹523,093 10.5%
20 Years ₹8,509,485 ₹7,339,616 -₹1,169,870 13.7%

💡 Fiduciary Takeaway: A ₹10.0 Lakh investment loses ₹207,930 over 10 years purely to distributor commissions in the Regular plan.

← Back to Mutual Funds Screener Check Overlap with Another Fund →
Forensic Desk ⌘K