JioBlackRock Sector Rotation Fund vs SBI Contra Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Sector Rotation Fund is a Thematic fund and SBI Contra Fund is a Value and Contra fund. JioBlackRock Sector Rotation Fund charges 0.80% a year and SBI Contra Fund 0.87% (Direct plans). Their portfolios overlap 36.1%: they hold 57 of the same securities.
JioBlackRock Sector Rotation Fund
Thematic
- Expense ratio
- 0.80%
- NAV
- ₹9.43
Which is better, JioBlackRock Sector Rotation or SBI Contra? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Sector Rotation costs less: 0.80% a year against 0.87% (Direct plans).
- SBI Contra fell less in its worst fall since 19-02-2026: −11.9% against −12.5%.
- SBI Contra holds 2.4% of the fund in foreign stocks; JioBlackRock Sector Rotation 0.0%.
- JioBlackRock Sector Rotation holds more in large companies: 68.3% of the fund in large caps against 50.2%.
- SBI Contra is the larger fund: ₹45,068 Cr against ₹161 Cr.
- Their portfolios overlap 36.1%: 57 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 | JioBlackRock Sector Rotation Fund | SBI Contra Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Value and Contra |
| AUM | ₹161 Cr (30-09-2026) | ₹45,068 Cr (30-09-2026) |
| NAV | ₹9.43 (Direct) | ₹393.34 (Direct) |
| Expense ratio (Direct) | 0.80% | 0.87% |
| Expense ratio (Regular) | 1.92% | 1.62% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 13-02-2026 | 05-07-1999 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Sahil Chaudhary, Tanvi Kacheria | Dinesh Balachandran |
| Exit load | Nil | Exit load of 0.25% if redeemed within 30 days and 0.10% if redeemed after 30 days but on or before 90 days. |
JioBlackRock Sector Rotation vs SBI Contra: 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 |
|---|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −0.77% | −5.74% | −2.70% | -- | -- | -- | -- |
| SBI Contra Fund (Direct) | −1.16% | −5.77% | −4.40% | −9.28% | +10.39% | +13.53% | +14.70% |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 235 Thematic funds and the 30 Value and Contra funds, same plan type.
JioBlackRock Sector Rotation vs SBI Contra: Year-wise Returns
| Year | JioBlackRock Sector RotationJioBlackRock Sector Rotation | SBI ContraSBI Contra |
|---|---|---|
| 2026to date | -- | −10.04% |
| 2025 | -- | +7.02% |
| 2024 | -- | +19.94% |
| 2023 | -- | +39.53% |
| 2022 | -- | +13.63% |
| 2021 | -- | +50.98% |
JioBlackRock Sector Rotation vs SBI Contra: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of JioBlackRock Sector Rotation Fund
JioBlackRock Sector Rotation vs SBI Contra: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Sector Rotation Fund (Direct) | SBI Contra Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.88% | +14.64% |
| Standard deviation | 15.17% | 14.70% |
| Sharpe ratio | -0.87 | 0.58 |
| Sortino ratio | -1.15 | 0.78 |
| Maximum drawdown | −12.5% (30-03-2026) | −44.7% (23-03-2020) |
| Beta | 0.97 | 0.88 |
| Alpha | −0.68% | +2.58% |
From daily NAVs, 19-02-2026 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.
JioBlackRock Sector Rotation Fund (Direct)
SBI Contra Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Sector Rotation Fund (Direct) | −12.5% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.5% |
| SBI Contra Fund (Direct) | −11.9% | 26-02-2026 | 31-03-2026 | Not yet | -- | −9.1% |
| Nifty 500 TRI | −12.6% | 23-02-2026 | 30-03-2026 | 06-07-2026 | 3 months | −7.9% |
From daily values since 19-02-2026, the first day every fund has.
JioBlackRock Sector Rotation vs SBI Contra: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Sector Rotation Fund, September 2026; SBI Contra Fund, September 2026
Holdings in common
- Overlap
- 36.1%
- Held by both
- 57
- Only in JioBlackRock Sector Rotation
- 239
- Only in SBI Contra
- 34
| Security | % of JioBlackRock Sector Rotation | % of SBI Contra |
|---|---|---|
| HDFC Bank Ltd | 6.36% | 4.79% |
| Reliance Industries Ltd | 4.37% | 4.67% |
| ICICI Bank Ltd | 5.57% | 4.36% |
| Kotak Mahindra Bank Ltd | 1.81% | 3.15% |
| ITC Ltd | 2.01% | 1.81% |
| State Bank of India | 2.36% | 1.60% |
| Axis Bank Ltd | 2.08% | 1.33% |
| Bharti Airtel Ltd | 3.20% | 1.23% |
| Tata Steel Ltd | 0.86% | 2.13% |
| Larsen & Toubro Ltd | 2.31% | 0.84% |
| Hindalco Industries Ltd | 0.77% | 1.18% |
| Maruti Suzuki India Ltd | 0.68% | 1.04% |
| Grasim Industries Ltd | 0.67% | 0.76% |
| JSW Steel Ltd | 0.67% | 0.81% |
| Cipla Ltd | 0.64% | 1.15% |
| Infosys Ltd | 1.12% | 0.61% |
| Bajaj Auto Ltd | 0.52% | 1.35% |
| Oil & Natural Gas Corporation Ltd | 0.47% | 1.20% |
| Tata Motors Ltd | 0.46% | 1.16% |
| Tata Consultancy Services Ltd | 0.68% | 0.42% |
| Lupin Ltd | 0.42% | 0.45% |
| One 97 Communications Ltd | 0.37% | 1.02% |
| FSN E-Commerce Ventures Ltd | 0.33% | 1.58% |
| United Spirits Ltd | 0.32% | 0.88% |
| Samvardhana Motherson International Ltd | 0.32% | 1.21% |
| Tech Mahindra Ltd | 0.31% | 1.79% |
| Hero MotoCorp Ltd | 0.30% | 0.52% |
| Indus Towers Ltd | 0.29% | 2.66% |
| Indian Oil Corporation Ltd | 0.27% | 1.08% |
| Tata Motors Passenger Vehicles Ltd | 0.26% | 1.03% |
| Delhivery Ltd | 0.24% | 1.26% |
| Mankind Pharma Ltd | 0.24% | 0.74% |
| HDFC Asset Management Co Ltd | 0.24% | 0.33% |
| Punjab National Bank | 0.23% | 2.91% |
| Biocon Ltd | 0.23% | 3.29% |
| JSW Infrastructure Ltd | 0.22% | 1.58% |
| HCL Technologies Ltd | 0.41% | 0.21% |
| Gland Pharma Ltd | 0.20% | 0.72% |
| Aurobindo Pharma Ltd | 0.39% | 0.18% |
| UPL Ltd | 0.18% | 1.05% |
| GAIL (India) Ltd | 0.16% | 2.33% |
| Apar Industries Ltd | 0.16% | 0.65% |
| Aster DM Quality Care Ltd | 0.15% | 1.42% |
| NMDC Ltd | 0.15% | 0.48% |
| Wipro Ltd | 0.14% | 0.53% |
| Swiggy Ltd | 0.14% | 1.00% |
| Petronet LNG Ltd | 0.11% | 0.60% |
| Mahindra & Mahindra Financial Services Ltd | 0.11% | 1.95% |
| JSW Energy Ltd | 0.11% | 0.83% |
| NHPC Ltd | 0.10% | 1.08% |
| Bandhan Bank Ltd | 0.09% | 1.46% |
| Bank of India | 0.09% | 0.09% |
| Carborundum Universal Ltd | 0.09% | 0.50% |
| Torrent Power Ltd | 0.08% | 2.48% |
| The Ramco Cements Ltd | 0.06% | 0.40% |
| Timken India Ltd | 0.06% | 0.25% |
| Syngene International Ltd | 0.06% | 0.23% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.1% means 36.1% 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 JioBlackRock Sector Rotation Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Ltd | 1.62% |
| Adani Ports and Special Economic Zone Ltd | 1.39% |
| Bajaj Finance Ltd | 1.34% |
| Interglobe Aviation Ltd | 1.17% |
| Mahindra & Mahindra Ltd | 1.15% |
Largest holdings only in SBI Contra Fund
| Security | % of fund |
|---|---|
| Dabur India Ltd. | 1.59% |
| ICICI Prudential Life Insurance Company Ltd. | 1.08% |
| Embassy Office Parks Reit | 1.01% |
| 364 DAY T-BILL 06.11.26 | 0.94% |
| Whirlpool of India Ltd. | 0.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Sector Rotation | SBI Contra |
|---|---|---|
| Equity | 97.3% | 90.9% |
| Debt | 0.0% | 2.2% |
| Cash and others | 2.7% | 6.8% |
Market cap of stocks
| Market cap | JioBlackRock Sector Rotation | SBI Contra |
|---|---|---|
| Large Cap | 68.3% | 50.2% |
| Mid Cap | 21.5% | 24.5% |
| Small Cap | 7.6% | 13.8% |
| Foreign stocks | 0.0% | 2.4% |
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 | JioBlackRock Sector Rotation | SBI Contra |
|---|---|---|
| Banks | 21.7% | 20.2% |
| Pharmaceuticals & Biotechnology | 9.3% | 6.7% |
| Finance | 5.9% | 1.9% |
| Petroleum Products | 5.2% | 5.8% |
| Power | 2.1% | 5.0% |
| Telecom - Services | 4.0% | 3.9% |
| Automobiles | 4.0% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
JioBlackRock Sector Rotation vs SBI Contra: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Sector Rotation Fund | SBI Contra Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 0.87% |
| Base expense ratio (Direct) | 0.50% | 0.63% |
| Total expense ratio (Regular) | 1.92% | 1.62% |
| Base expense ratio (Regular) | 1.61% | 1.27% |
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 JioBlackRock Sector Rotation with
JioBlackRock Sector Rotation Fund vs SBI Contra Fund: Frequently Asked Questions
What is the difference between JioBlackRock Sector Rotation Fund and SBI Contra Fund?
JioBlackRock Sector Rotation Fund is a Thematic fund, SBI Contra Fund is a Value and Contra fund, run by Jio BlackRock Mutual Fund and SBI Mutual Fund. Their portfolios overlap 36.1%. JioBlackRock Sector Rotation Fund charges 0.80% a year and SBI Contra Fund 0.87%.
Which has the lower expense ratio, JioBlackRock Sector Rotation Fund or SBI Contra Fund?
JioBlackRock Sector Rotation Fund charges less: 0.80% a year against 0.87%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Sector Rotation Fund and SBI Contra Fund overlap?
36.1%. They hold 57 of the same securities, the largest shared ones being HDFCBANK, RELIANCE, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Sector Rotation Fund or SBI Contra Fund?
On SEBI's riskometer, JioBlackRock Sector Rotation Fund is rated Very High and SBI Contra Fund Very High. Over their common history, the standard deviation of daily returns was 15.17% and 14.70% a year.
Can I invest in both JioBlackRock Sector Rotation Fund and SBI Contra Fund?
Yes. 36.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages JioBlackRock Sector Rotation Fund and SBI Contra Fund?
JioBlackRock Sector Rotation Fund: Sahil Chaudhary, Tanvi Kacheria. SBI Contra Fund: Dinesh Balachandran.
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.