SBI Flexicap Fund

SBI Mutual FundEquityPortfolio as of 31 July 2026

SBI Flexicap Fund holds 70 instruments (95% equity), led by ICICI Bank Limited (7.23%), HDFC Bank Limited (5.61%) and Larsen & Toubro Limited (3.82%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95%

AMC

SBI Mutual Fund

Portfolio Analysis

SBI Flexicap Fund's top 10 holdings account for 36.23% of its portfolio, in line with the Equity category average of 37.5%. Financial Services is its largest sector exposure at 33.29% of net assets, spread across 13 sectors in total. Since its 30 June 2026 disclosure, the fund added 5 new positions and exited 9 positions, with Axis Bank Limited seeing the largest move (-1.84pp to 2.79%).

Top 10 Equity Holdings

ICICI Bank Limited · 7.23%HDFC Bank Limited · 5.61%Larsen & Toubro Limited · 3.82%Bajaj Auto Limited · 3.71%JSW Infrastructure Limited · 2.85%Axis Bank Limited · 2.79%Aurobindo Pharma Limited · 2.77%Coforge Limited · 2.61%Eicher Motors Limited · 2.6%State Bank of India · 2.24%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

5 new entries9 exits10 increased10 reduced

New Entries

AU Small Finance Bank Limited · 1.76%DLF Limited · 0.99%Samvardhana Motherson International Limited · 0.89%Navin Fluorine International Limited · 0.05%INDO-MIM LTD · 0.01%

Complete Exits

Tata Power Company Limited · was 2.03%Infosys Limited · was 1.76%Tata Steel Limited · was 1.51%Timken India Limited · was 0.56%V-Guard Industries Limited · was 0.46%Oil & Natural Gas Corporation Limited · was 0.37%Karur Vysya Bank Limited · was 0.31%HCL Technologies Limited · was 0.1%Vedanta Oil and Gas Limited · was 0.09%

Biggest Weight Increases

Stock	Weight	Change
Coforge Limited	1.26% → 2.61%	▲ +1.35
HDFC Bank Limited	4.48% → 5.61%	▲ +1.13
ALPHABET INC-CL A	1.01% → 2.12%	▲ +1.11
ICICI Bank Limited	6.66% → 7.23%	▲ +0.57
Multi Commodity Exchange of India Limited	0.6% → 1.13%	▲ +0.53
Bajaj Auto Limited	3.27% → 3.71%	▲ +0.44
Divi's Laboratories Limited	1.13% → 1.38%	▲ +0.25
RBL Bank Limited	0.74% → 0.99%	▲ +0.25
Eicher Motors Limited	2.37% → 2.6%	▲ +0.23
Sona BLW Precision Forgings Limited	0.86% → 1.06%	▲ +0.2

Biggest Weight Reductions

Stock	Weight	Change
Axis Bank Limited	4.63% → 2.79%	▼ -1.84
Max Financial Services Limited	2.07% → 1%	▼ -1.07
Bharat Petroleum Corporation Limited	2% → 1.05%	▼ -0.95
Muthoot Finance Limited	1.06% → 0.21%	▼ -0.85
Varun Beverages Limited	2.36% → 2.04%	▼ -0.32
Larsen & Toubro Limited	4.05% → 3.82%	▼ -0.23
Bandhan Bank Limited	1.15% → 0.97%	▼ -0.18
AIA Engineering Limited	1.22% → 1.09%	▼ -0.13
JSW Infrastructure Limited	2.96% → 2.85%	▼ -0.11
Carborundum Universal Limited	0.92% → 0.82%	▼ -0.1

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

ICICI Bank Limited

7.23%

HDFC Bank Limited

5.61%

Larsen & Toubro Limited

3.82%

Bajaj Auto Limited

3.71%

JSW Infrastructure Limited

2.85%

Full Portfolio (70 holdings)

#	Holding	Sector	% to NAV
1	ICICI Bank Limited	Financial Services	7.23%
2	HDFC Bank Limited	Financial Services	5.61%
3	TREPStreps	—	4%
4	Larsen & Toubro Limited	Industrials	3.82%
5	Bajaj Auto Limited	Consumer Discretionary	3.71%
6	JSW Infrastructure Limited	Services	2.85%
7	Axis Bank Limited	Financial Services	2.79%
8	Aurobindo Pharma Limited	Healthcare	2.77%
9	Coforge Limited	Information Technology	2.61%
10	Eicher Motors Limited	Consumer Discretionary	2.6%
11	State Bank of India	Financial Services	2.24%
12	Sun Pharmaceutical Industries Limited	Healthcare	2.22%
13	Apollo Hospitals Enterprise Limited	Healthcare	2.21%
14	Titan Company Limited	Consumer Discretionary	2.14%
15	Power Finance Corporation Limited	Financial Services	2.14%
16	ALPHABET INC-CL A	Consumer Discretionary	2.12%
17	Varun Beverages Limited	Consumer Staples	2.04%
18	FSN E-Commerce Ventures Limited	Consumer Discretionary	2.03%
19	Reliance Industries Limited	Energy	1.87%
20	AU Small Finance Bank Limited	Financial Services	1.76%
21	Divi's Laboratories Limited	Healthcare	1.38%
22	Shriram Finance Limited	Financial Services	1.35%
23	Biocon Limited	Healthcare	1.3%
24	Pearl Global Industries Limited	Consumer Discretionary	1.28%
25	Cummins India Limited	Industrials	1.24%
26	The Federal Bank Limited	Financial Services	1.23%
27	Vedanta Aluminium Metal Limited	Diversified	1.19%
28	Nuvoco Vistas Corporation Limited	Materials	1.18%
29	NMDC Limited	Materials	1.16%
30	Multi Commodity Exchange of India Limited	Financial Services	1.13%
31	Adani Ports and Special Economic Zone Limited	Services	1.1%
32	HDFC Asset Management Company Limited	Financial Services	1.1%
33	Swiggy Limited	Consumer Discretionary	1.09%
34	AIA Engineering Limited	Industrials	1.09%
35	Sona BLW Precision Forgings Limited	Consumer Discretionary	1.06%
36	ICICI Lombard General Insurance Company Limited	Financial Services	1.06%
37	Bharat Petroleum Corporation Limited	Energy	1.05%
38	Bharti Airtel Limited	Telecommunication	1.04%
39	Maruti Suzuki India Limited	Consumer Discretionary	1.03%
40	NVIDIA CORP	Information Technology	1.03%
41	Max Financial Services Limited	Financial Services	1%
42	DLF Limited	Real Estate	0.99%
43	RBL Bank Limited	Financial Services	0.99%
44	Kotak Mahindra Bank Limited	Financial Services	0.99%
45	Bandhan Bank Limited	Financial Services	0.97%
46	Emcure Pharmaceuticals Limited	Healthcare	0.97%
47	Ashok Leyland Limited	Industrials	0.96%
48	JSW Energy Limited	Utilities	0.94%
49	Samvardhana Motherson International Limited	Consumer Discretionary	0.89%
50	Carborundum Universal Limited	Industrials	0.82%
51	Aptus Value Housing Finance India Limited	Financial Services	0.81%
52	Kingfa Science & Technology (India) Limited	Industrials	0.79%
53	Power Mech Projects Limited	Industrials	0.77%
54	Star Cement Limited	Materials	0.75%
55	Pine Labs Limited	Financial Services	0.68%
56	Ajanta Pharma Limited	Healthcare	0.65%
57	CCL Products (India) Limited	Consumer Staples	0.57%
58	ETERNAL LIMITED	Consumer Discretionary	0.54%
59	JSW Cement Limited	Materials	0.51%
60	Berger Paints (I) Limited	Consumer Discretionary	0.45%
61	91 Days Treasury Billsbond	—	0.44%
62	VIP Industries Limited	Consumer Discretionary	0.42%
63	Net Receivable / Payableother	—	0.41%
64	Grindwell Norton Limited	Industrials	0.37%
65	Muthoot Finance Limited	Financial Services	0.21%
66	364 DAY T-BILLtbill	—	0.13%
67	Torrent Power Limited	Utilities	0.05%
68	Navin Fluorine International Limited	Materials	0.05%
69	Margin amount for Derivative positionsother	—	0.02%
70	INDO-MIM LTD	Industrials	0.01%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 7.23% of SBI Flexicap Fund's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 5.61% of SBI Flexicap Fund's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, Larsen & Toubro Limited is 3.82% of SBI Flexicap Fund's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Bajaj Auto Limited is 3.71% of SBI Flexicap Fund's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, JSW Infrastructure Limited is 2.85% of SBI Flexicap Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: SBI Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.