SBI Energy Opportunities Fund: Portfolio & Returns 2026

The SBI Energy Opportunities Fund Direct Growth Plan continues to anchor its strategy in the broader energy sector with a specific focus on crude oil, power, and gas transmission. Managed by Raj Gandhi, the equity-oriented mutual fund was launched on February 26, 2024, and maintains a distinct portfolio breakdown across market capitalizations.

Key Numbers and Fund Metrics

For investors tracking fund fundamentals, the latest metrics highlight the current scale and cost structure of the scheme as of September 18, 2026. Understanding these figures provides a clear picture of how capital is distributed and managed under current market conditions.

• Assets Under Management: ₹8,326 Cr
• Net Asset Value: ₹11.18
• Expense Ratio: 0.79%
• Minimum SIP Investment: ₹500
• One-Year Annualized Return: 3.04%

Portfolio Allocation and Sector Focus

The fund distributes its capital across various market segments to capture opportunities within the energy landscape. Its equity exposure is spread across large-cap, mid-cap, and small-cap stocks.

• Large-Cap Allocation: 42.59%
• Mid-Cap Allocation: 20.76%
• Small-Cap Allocation: 30.66%
• Crude Oil Sector: 23.64%
• Power Sector: 17.33%
• Gas Transmission Sector: 15.59%

Prominent holdings within the portfolio feature major industry players including Reliance Industries, Gail India, and Oil and Natural Gas Corporation. These core holdings drive the fund exposure across its primary sector targets.

Exit Loads and Tax Implications

Redemption terms and tax structures dictate the holding strategy for participants in the scheme. Investors face an exit load of 1% if units are redeemed within one year, with zero exit load applicable after that period.

Taxation on redemptions depends entirely on the duration of the holding period. Short-term redemptions are taxed according to the individual investor income tax slab, whereas long-term redemptions attract a tax rate of 12.5%.