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SBI ESG Portfolio (formerly known as SBI Growth With Values Portfolio)

Distributed through AltPort Experts. Comprehensive fund documentation can be accessed through our research team.
Category PMS
Fund Managers R. Srinivasan
Benchmark Nifty 50 TRI
Share: f x in w

About Company

SBI Funds Management

SBI Growth with Values PMS Funds Management Limited has become one of India’s top players, offering advice to several financial institutions, pension funds, and domestic and foreign asset management firms. We also utilise our wealth management expertise to provide opulent retail services to High Net-worth Investors. They built their PMS solutions after learning about investors’ needs and anticipated returns. They are a joint venture between SBI and one of the top investment management firms in the world, AMUNDI (France).

SBI ESG Portfolio

Fund Snapshot

Year of Inception 2016
Number of Stocks 23
Investment Horizon Long Term
Fund Managers Ms Aparna Shankar

Investment Philosophy

  • SBI Growth with Value PMS focusses on investing in companies that meet positive standards of environmental, social, and governance accountability, as established by the ESG system. SBI Growth with value fund focuses on niche industries with a favourable market for multi-fold growth and long-term sustainability.
  • It invests in industries that profit disproportionately from economic development.

Here’s more about the ESG framework followed by SBI Growth and Value PMS: 

  • Strong Corporate MANAGEMENT: Considering the needs of all stakeholders.
  • SOCIAL RESPONSIBILITY: Companies treat their staff, clients, and communities with respect.
  • ECO-FRIENDLY: Stop companies that damage the environment.
Values-Based Growth Strategy

SBI Growth with Values is a multi-cap-focused strategy that primarily searches for businesses using predetermined ESG criteria. They want to purchase outstanding companies run by wonderful people for a fair price.

  • A multi-cap strategy that includes large, midsize, and small caps is called “Growth with Values.”
  • We are concentrating on making investments in businesses that adhere to high standards of ESG responsibility.
  • Choosing corporations that profit disproportionately from economic growth for a fair price
Portfolio Qualifiers
  • Purchasing shares of firms that uphold high standards of environmental, social, and corporate governance
  • We will concentrate on specialist enterprises with an environment suitable for many growths and longevity.
  • Invest in businesses that benefit disproportionately from economic growth.

The ESG Framework: A Triple-Bottom-Line Approach

SBI Funds Management employs a rigorous ESG scoring system to evaluate every potential holding. This framework acts as both a filter for risk and a catalyst for identifying long-term value:

  1. Strong Corporate Governance: This is the most critical pillar. The fund evaluates whether the management considers the needs of all stakeholders—not just majority shareholders. This includes assessing board independence, executive compensation, and the transparency of financial reporting. High governance standards act as a shield against corporate fraud and mismanagement.

  2. Social Responsibility: The strategy prioritizes companies that treat their employees, customers, and the communities in which they operate with respect. This includes looking at labor practices, product safety, and diversity. Companies with high social capital tend to have higher employee retention and stronger brand loyalty.

  3. Environmental Stewardship: The fund actively screens out companies that cause significant environmental damage. Instead, it leans toward businesses that are proactive in reducing their carbon footprint, managing waste efficiently, and utilizing sustainable resources. As global and domestic regulations on carbon emissions tighten, these "eco-friendly" businesses gain a competitive edge.

Values-Based Growth Strategy: Multi-Cap Execution

Unlike thematic funds that may be restricted to a specific sector, SBI Growth with Values is a Multi-Cap strategy. This gives the fund manager the flexibility to navigate across Large, Mid, and Small-cap stocks:

  • Large Caps: Provide stability and consistent dividend yields, acting as the "anchor" of the portfolio.

  • Mid and Small Caps: Targeted for their ability to capture high-growth niche opportunities. These are often the "specialist enterprises" mentioned in the fund's mandate—businesses that are leaders in small but rapidly expanding market segments.

The "Values-Based" aspect ensures that even when moving into the high-growth small-cap space, the fund does not compromise on its ESG qualifiers. This discipline prevents the fund from falling into "value traps" or participating in speculative bubbles in sectors with poor governance.

Risk Management and Sustainability

By pre-defining risk management through ESG filters, the fund effectively manages "tail risks." Traditional financial metrics often fail to capture the risk of a massive lawsuit or a regulatory ban. By analyzing "Values," the fund identifies these hidden risks early. Furthermore, the focus on reasonable liquidity ensures that the portfolio remains nimble, allowing the manager to exit positions or rebalance weights as market conditions shift.

In summary, the SBI Growth with Values PMS is for the "Conscious Investor." It offers a disciplined path to wealth that aligns financial goals with ethical standards, proving that in the modern investment landscape, doing good is indeed good business.

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Section: Performance Analysis
Fund Growth vs Benchmark Trend

Track how the fund has performed against its benchmark over time through a comparative line graph analysis.

SBI ESG Portfolio (formerly known as SBI Growth With Values Portfolio)

Benchmark: Nifty 50 TRI

Section: Performance Comparison
Fund vs Benchmark Bar Graph

Compare fund returns and benchmark performance across multiple investment periods using a visual bar graph.

Section: Performance Comparison
Fund vs Benchmark Comparison Table

Review and compare fund returns against benchmark performance across different investment periods in a detailed tabular format.

SBI Funds Management Limited

AUM(Cr.) 1M 3M 6M 1Y 2Y 3Y 4Y 5Y Ince.
Performance ₹671.56 0.84 3.38 26.68 13.95 2.00 12.51 12.38 12.53 14.70
Benchmark NA -6.03 -4.91 2.13 -7.09 -5.29 6.06 8.48 6.38 11.59
Section: Fund Leadership
Meet the Fund Managers

Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.

R. Srinivasan

R. Srinivasan

R. Srinivasan is one of India's most celebrated equity fund managers, known for his "Bottom-Up" investment philosophy. With over 30 years of experience, he has been with SBI Mutual Fund since 2009. He is the mastermind behind some of the firm's flagship high-performance funds, including the SBI Small Cap and SBI Focused Equity funds. His approach prioritizes "Quality at a Reasonable Price" (QARP), focusing on companies with sustainable competitive advantages and high capital efficiency. Srinivasan is widely respected for his ability to identify multi-bagger growth stories well before they become mainstream market favorites.

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Section: Help & Support
Frequently Asked Questions

Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.

The ESG framework acts as a powerful risk-mitigation tool. By excluding companies with poor governance or high environmental risks, the fund avoids businesses that are prone to sudden regulatory penalties or reputational crises. Over the long term, companies with high ESG scores tend to have more resilient business models and lower costs of capital, which often translates into more stable and sustainable stock price appreciation compared to the broader market.

No. While renewable energy is a key niche, the "Growth with Values" strategy is a multi-cap, multi-sector approach. It can invest in Technology, Healthcare, Consumer Goods, and Financials, provided the specific companies within those sectors meet the ESG standards. The focus is on how a company operates rather than just what it produces.

The portfolio typically maintains a concentrated yet diversified set of approximately 23 stocks. This concentration allows the fund manager to take high-conviction bets on "specialist enterprises" while ensuring enough diversification across Large, Mid, and Small-cap segments to manage volatility. Every stock in this concentrated list has undergone rigorous fundamental and ESG vetting.

This strategy is ideal for High Net Worth Individuals (HNIs) who have a long-term investment horizon (3–5 years or more) and who wish to align their portfolios with global sustainability trends. It is particularly suited for those who want exposure to India's high-growth mid and small-cap space but want the safety net of an institutional-grade ESG filter to avoid "governance landmines."

"Fair Price" is determined using various valuation metrics such as Price-to-Earnings (P/E), Discounted Cash Flow (DCF), and EV/EBITDA, relative to the company's historical averages and its peers. The fund manager looks for a "Growth at a Reasonable Price" (GARP) entry point, ensuring that they are not overpaying for the company's future growth potential, even if its ESG credentials are impeccable.

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