ITI Pharma and Healthcare Fund vs SBI Healthcare Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
ITI Pharma and Healthcare Fund is a Thematic fund and SBI Healthcare Opportunities Fund is a Thematic fund. In the 3 years to 30-10-2026, ITI Pharma and Healthcare Fund (Direct) returned 20.3% a year and SBI Healthcare Opportunities Fund (Direct) returned 24.6% a year. ITI Pharma and Healthcare Fund charges 0.89% a year and SBI Healthcare Opportunities Fund 1.01% (Direct plans). Their portfolios overlap 61.8%: they hold 22 of the same securities.
ITI Pharma and Healthcare Fund
Thematic
- 3 year return
- 20.3%
- Expense ratio
- 0.89%
- NAV
- ₹19.46
SBI Healthcare Opportunities Fund
Thematic
- 3 year return
- 24.6%
- Expense ratio
- 1.01%
- NAV
- ₹588.16
Which is better, ITI Pharma and Healthcare or SBI Healthcare Opportunities? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Healthcare Opportunities returned more over 3 years: 24.6% a year against 20.3%.
- SBI Healthcare Opportunities returned more over 1 year: 17.1% against 9.4%.
- ITI Pharma and Healthcare costs less: 0.89% a year against 1.01% (Direct plans).
- SBI Healthcare Opportunities swung less over 3 years: a standard deviation of 13.1% a year against 14.2%.
- SBI Healthcare Opportunities fell less in its worst fall since 11-11-2021: −17.4% against −17.7%.
- SBI Healthcare Opportunities is the larger fund: ₹5,870 Cr against ₹266 Cr.
- Their portfolios overlap 61.8%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ITI Pharma and Healthcare Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Fund house | ITI Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹266 Cr (30-09-2026) | ₹5,870 Cr (30-09-2026) |
| NAV | ₹19.46 (Direct) | ₹588.16 (Direct) |
| Expense ratio (Direct) | 0.89% | 1.01% |
| Expense ratio (Regular) | 2.59% | 1.99% |
| Riskometer | Very High | Not available |
| Benchmark | NIFTY Healthcare TRI | Not available |
| Launch date | 08-11-2021 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Animesh Singh, Nilay Dalal | Not available |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | Not available |
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ITI Pharma and Healthcare Fund (Direct) | 0.00% | −1.04% | +11.74% | +9.43% | +20.30% | -- | -- |
| SBI Healthcare Opportunities Fund (Direct) | +0.31% | −0.59% | +16.00% | +17.12% | +24.60% | +19.22% | +14.72% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Year-wise Returns
| Year | ITI Pharma and HealthcareITI Pharma and Healthcare | SBI Healthcare OpportunitiesSBI Healthcare Opportunities |
|---|---|---|
| 2026to date | +14.07% | +21.31% |
| 2025 | −8.24% | −2.50% |
| 2024 | +43.95% | +43.75% |
| 2023 | +34.39% | +39.72% |
| 2022 | −6.68% | −5.01% |
| 2021 | -- | +21.48% |
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Rolling Returns
Every holding period of both funds, against Nifty Healthcare Index TRI, the benchmark of ITI Pharma and Healthcare Fund
Rolling returns
Every 3-year holding period, 485 of them, one for each trading day from 11-11-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ITI Pharma and Healthcare Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
Nifty Healthcare Index TRI
to
Jan 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ITI Pharma and Healthcare | 0.0 | 0.0 | 0.0 | 0.0 | 14.0 | 79.8 | 6.2 | 21.7% | 21.4% | 17.3% | 26.9% | 49% |
| SBI Healthcare Opportunities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 37.0 | 63.0 | 25.9% | 25.5% | 21.4% | 31.1% | 100% |
| Nifty Healthcare Index TRI | 0.0 | 0.0 | 0.0 | 0.0 | 24.7 | 67.8 | 7.4 | 21.8% | 22.2% | 15.6% | 27.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Healthcare Index TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 11-11-2021. Past returns do not promise future returns.
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 11-11-2021 to 30-10-2026: 60 instalments, ₹6,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ITI Pharma and HealthcareITI Pharma and Healthcare Fund (Direct) | ₹6,00,000 | ₹9,07,480 | ₹3,07,480 | 16.6% |
| SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct) | ₹6,00,000 | ₹10,26,647 | ₹4,26,647 | 21.7% |
ITI Pharma and HealthcareITI Pharma and Healthcare Fund (Direct)
SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ITI Pharma and Healthcare Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.43% | +17.12% |
| Standard deviation | 13.63% | 13.36% |
| Sharpe ratio | 0.31 | 0.89 |
| Sortino ratio | 0.44 | 1.33 |
| Maximum drawdown | −11.7% (29-01-2026) | −10.3% (23-10-2026) |
| Beta | 0.91 | 0.93 |
| Alpha | −1.48% | +5.25% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ITI Pharma and Healthcare Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +20.30% | +24.60% |
| Standard deviation | 14.17% | 13.07% |
| Sharpe ratio | 1.01 | 1.42 |
| Sortino ratio | 1.41 | 2.03 |
| Maximum drawdown | −17.1% (03-03-2025) | −13.5% (28-02-2025) |
| Beta | 0.90 | 0.88 |
| Alpha | +0.31% | +3.61% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ITI Pharma and Healthcare Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.34% | +17.93% |
| Standard deviation | 13.44% | 15.96% |
| Sharpe ratio | 0.63 | 0.74 |
| Sortino ratio | 0.89 | 1.05 |
| Maximum drawdown | −17.7% (17-06-2022) | −30.5% (23-03-2020) |
| Beta | 0.84 | 0.91 |
| Alpha | +1.08% | +3.97% |
From daily NAVs, 11-11-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ITI Pharma and Healthcare Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
Nifty Healthcare Index TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ITI Pharma and Healthcare Fund (Direct) | −17.7% | 13-01-2022 | 17-06-2022 | 16-06-2023 | 12 months | −4.2% |
| SBI Healthcare Opportunities Fund (Direct) | −17.4% | 31-12-2021 | 17-06-2022 | 26-05-2023 | 11 months | −3.8% |
| Nifty Healthcare Index TRI | −18.3% | 31-12-2021 | 17-06-2022 | 30-06-2023 | 12 months | −2.9% |
From daily values since 11-11-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ITI Pharma and Healthcare Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
Nifty Healthcare Index TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ITI Pharma and Healthcare Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
Nifty Healthcare Index TRI
Against Nifty Healthcare Index TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ITI Pharma and Healthcare Fund (Direct) | 94% | 87% | 5.10% |
| SBI Healthcare Opportunities Fund (Direct) | 98% | 72% | 4.78% |
From month-end values since 11-11-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: ITI Pharma and Healthcare Fund, September 2026; SBI Healthcare Opportunities Fund, September 2026
Holdings in common
- Overlap
- 61.8%
- Held by both
- 22
- Only in ITI Pharma and Healthcare
- 15
- Only in SBI Healthcare Opportunities
- 14
| Security | % of ITI Pharma and Healthcare | % of SBI Healthcare Opportunities |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 11.96% | 11.14% |
| Divi's Laboratories Limited | 9.51% | 7.91% |
| Apollo Hospitals Enterprise Limited | 5.45% | 4.45% |
| Torrent Pharmaceuticals Limited | 4.78% | 4.42% |
| Cipla Limited | 4.19% | 4.40% |
| Laurus Labs Limited | 4.02% | 4.05% |
| Max Healthcare Institute Limited | 4.49% | 3.80% |
| Aurobindo Pharma Limited | 4.01% | 3.42% |
| Fortis Healthcare Limited | 2.77% | 2.36% |
| Sai Life Sciences Limited | 1.87% | 2.60% |
| Global Health Limited | 2.85% | 1.74% |
| Mankind Pharma Limited | 3.78% | 1.71% |
| Cohance Lifesciences Limited | 3.14% | 1.66% |
| Aster DM Quality Care Limited | 1.59% | 3.21% |
| Poly Medicure Limited | 1.48% | 1.82% |
| Healthcare Global Enterprises Limited | 1.47% | 1.70% |
| Anthem Biosciences Limited | 1.25% | 2.75% |
| Gland Pharma Limited | 1.03% | 2.96% |
| Biocon Limited | 0.81% | 2.37% |
| Rainbow Childrens Medicare Limited | 1.00% | 0.67% |
| Syngene International Limited | 0.57% | 1.12% |
| Abbott India Limited | 2.14% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 61.8% means 61.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ITI Pharma and Healthcare Fund
| Security | % of fund |
|---|---|
| Dr. Reddy's Laboratories Limited | 4.78% |
| Alkem Laboratories Limited | 3.09% |
| Neuland Laboratories Limited | 3.07% |
| Lupin Limited | 2.04% |
| IPCA Laboratories Limited | 1.94% |
Largest holdings only in SBI Healthcare Opportunities Fund
| Security | % of fund |
|---|---|
| Acutaas Chemicals Ltd. | 5.03% |
| Sudeep Pharma Ltd. | 2.79% |
| Corona Remedies Ltd. | 2.43% |
| Concord Biotech Ltd. | 2.25% |
| Aether Industries Ltd. | 2.17% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ITI Pharma and Healthcare | SBI Healthcare Opportunities |
|---|---|---|
| Equity | 99.3% | 95.5% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.7% | 4.4% |
Market cap of stocks
| Market cap | ITI Pharma and Healthcare | SBI Healthcare Opportunities |
|---|---|---|
| Large Cap | 35.9% | 32.3% |
| Mid Cap | 40.5% | 25.7% |
| Small Cap | 23.0% | 35.4% |
| Not on AMFI's list | 0.0% | 2.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ITI Pharma and Healthcare | SBI Healthcare Opportunities |
|---|---|---|
| Pharmaceuticals & Biotechnology | 74.8% | 63.1% |
| Healthcare Services | 20.9% | 25.6% |
| Chemicals & Petrochemicals | 0.9% | 5.0% |
| Healthcare Equipment & Supplies | 1.5% | 1.8% |
| Consumer Durables | 1.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ITI Pharma and Healthcare vs SBI Healthcare Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ITI Pharma and Healthcare Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 1.01% |
| Base expense ratio (Direct) | 0.58% | 0.74% |
| Total expense ratio (Regular) | 2.59% | 1.99% |
| Base expense ratio (Regular) | 2.10% | 1.58% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ITI Pharma and Healthcare with
ITI Pharma and Healthcare Fund vs SBI Healthcare Opportunities Fund: Frequently Asked Questions
What is the difference between ITI Pharma and Healthcare Fund and SBI Healthcare Opportunities Fund?
ITI Pharma and Healthcare Fund is a Thematic fund, SBI Healthcare Opportunities Fund is a Thematic fund, run by ITI Mutual Fund and SBI Mutual Fund. Their portfolios overlap 61.8%. ITI Pharma and Healthcare Fund charges 0.89% a year and SBI Healthcare Opportunities Fund 1.01%.
Which has given higher returns, ITI Pharma and Healthcare Fund or SBI Healthcare Opportunities Fund?
Over 1 year: ITI Pharma and Healthcare Fund +9.43%, SBI Healthcare Opportunities Fund +17.12%. Over 3 years: ITI Pharma and Healthcare Fund +20.30% a year, SBI Healthcare Opportunities Fund +24.60% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ITI Pharma and Healthcare Fund or SBI Healthcare Opportunities Fund?
ITI Pharma and Healthcare Fund charges less: 0.89% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ITI Pharma and Healthcare Fund and SBI Healthcare Opportunities Fund overlap?
61.8%. They hold 22 of the same securities, the largest shared ones being SUNPHARMA, DIVISLAB, APOLLOHOSP. From each fund's latest monthly portfolio.
Which is better for SIP, ITI Pharma and Healthcare Fund or SBI Healthcare Opportunities Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,46,688 in ITI Pharma and Healthcare Fund (XIRR 12.3% a year) and ₹4,84,796 in SBI Healthcare Opportunities Fund (XIRR 17.9% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ITI Pharma and Healthcare Fund and SBI Healthcare Opportunities Fund?
Yes. 61.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.