NJ Momentum Fund vs SBI Healthcare Opportunities Fund
Direct Plan, Growth option · Data as on 30-10-2026
NJ Momentum Fund is a Thematic fund and SBI Healthcare Opportunities Fund is a Thematic fund. NJ Momentum Fund charges 1.72% a year and SBI Healthcare Opportunities Fund 1.01% (Direct plans). Their portfolios overlap 12.8%: they hold 4 of the same securities.
SBI Healthcare Opportunities Fund
Thematic
- Expense ratio
- 1.01%
- NAV
- ₹588.16
Which is better, NJ Momentum 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 costs less: 1.01% a year against 1.72% (Direct plans).
- SBI Healthcare Opportunities fell less in its worst fall since 03-08-2026: −10.3% against −10.8%.
- Their portfolios overlap 12.8%: 4 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 | NJ Momentum Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Fund house | NJ Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | Not available | ₹5,870 Cr (30-09-2026) |
| NAV | ₹9.60 (Direct) | ₹588.16 (Direct) |
| Expense ratio (Direct) | 1.72% | 1.01% |
| Expense ratio (Regular) | 3.51% | 1.99% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 30-07-2026 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Dhaval Patel, Viral Shah, Jaimin Ilavia | Not available |
| Exit load | Nil | Not available |
NJ Momentum 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 |
|---|---|---|---|---|---|---|---|
| NJ Momentum Fund (Direct) | −3.42% | -- | -- | -- | -- | -- | -- |
| 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.
NJ Momentum vs SBI Healthcare Opportunities: Year-wise Returns
| Year | NJ MomentumNJ Momentum | SBI Healthcare OpportunitiesSBI Healthcare Opportunities |
|---|---|---|
| 2026to date | -- | +21.31% |
| 2025 | -- | −2.50% |
| 2024 | -- | +43.75% |
| 2023 | -- | +39.72% |
| 2022 | -- | −5.01% |
| 2021 | -- | +21.48% |
NJ Momentum vs SBI Healthcare Opportunities: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of NJ Momentum Fund
NJ Momentum vs SBI Healthcare Opportunities: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | NJ Momentum Fund (Direct) | SBI Healthcare Opportunities Fund (Direct) |
|---|---|---|
| Return (CAGR) | −16.97% | +17.93% |
| Standard deviation | 16.11% | 15.96% |
| Sharpe ratio | -1.38 | 0.74 |
| Sortino ratio | -1.73 | 1.05 |
| Maximum drawdown | −10.8% (23-10-2026) | −30.5% (23-03-2020) |
| Beta | 1.16 | 0.91 |
| Alpha | +17.26% | +3.97% |
From daily NAVs, 03-08-2026 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.
NJ Momentum Fund (Direct)
SBI Healthcare Opportunities Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| NJ Momentum Fund (Direct) | −10.8% | 31-08-2026 | 23-10-2026 | Not yet | -- | −6.9% |
| SBI Healthcare Opportunities Fund (Direct) | −10.3% | 21-09-2026 | 23-10-2026 | Not yet | -- | −3.8% |
| Nifty 500 TRI | −9.9% | 03-08-2026 | 23-10-2026 | Not yet | -- | −7.9% |
From daily values since 03-08-2026, the first day every fund has.
NJ Momentum vs SBI Healthcare Opportunities: Portfolio Overlap
From each fund's latest monthly portfolio: NJ Momentum Fund, September 2026; SBI Healthcare Opportunities Fund, September 2026
Holdings in common
- Overlap
- 12.8%
- Held by both
- 4
- Only in NJ Momentum
- 36
- Only in SBI Healthcare Opportunities
- 32
| Security | % of NJ Momentum | % of SBI Healthcare Opportunities |
|---|---|---|
| Laurus Labs Limited | 4.22% | 4.05% |
| Torrent Pharmaceuticals Limited | 3.63% | 4.42% |
| Aurobindo Pharma Limited | 2.56% | 3.42% |
| Acutaas Chemicals Limited | 2.56% | 5.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.8% means 12.8% 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 NJ Momentum Fund
| Security | % of fund |
|---|---|
| Welspun Corp Limited | 6.72% |
| Multi Commodity Exchange of India Limited | 4.68% |
| Kirloskar Oil Engines Limited | 4.30% |
| Titan Company Limited | 3.84% |
| Shriram Finance Limited | 3.58% |
Largest holdings only in SBI Healthcare Opportunities Fund
| Security | % of fund |
|---|---|
| Sun Pharmaceutical Industries Ltd. | 11.14% |
| Divi's Laboratories Ltd. | 7.91% |
| Apollo Hospitals Enterprise Ltd. | 4.45% |
| Cipla Ltd. | 4.40% |
| Max Healthcare Institute Ltd. | 3.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | NJ Momentum | SBI Healthcare Opportunities |
|---|---|---|
| Equity | 99.7% | 95.5% |
| Debt | 0.0% | 0.1% |
| Cash and others | 0.3% | 4.4% |
Market cap of stocks
| Market cap | NJ Momentum | SBI Healthcare Opportunities |
|---|---|---|
| Large Cap | 28.0% | 32.3% |
| Mid Cap | 37.8% | 25.7% |
| Small Cap | 33.9% | 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 | NJ Momentum | SBI Healthcare Opportunities |
|---|---|---|
| Pharmaceuticals & Biotechnology | 19.7% | 63.1% |
| Healthcare Services | 0.0% | 25.6% |
| Industrial Products | 15.7% | 0.0% |
| Banks | 13.1% | 0.0% |
| Auto Components | 10.0% | 0.0% |
| Finance | 6.4% | 0.0% |
| Chemicals & Petrochemicals | 6.2% | 5.0% |
| Healthcare Equipment & Supplies | 0.0% | 1.8% |
The six largest sectors of each fund's stocks, % of the fund.
NJ Momentum vs SBI Healthcare Opportunities: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | NJ Momentum Fund | SBI Healthcare Opportunities Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.72% | 1.01% |
| Base expense ratio (Direct) | 0.58% | 0.74% |
| Total expense ratio (Regular) | 3.51% | 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 NJ Momentum with
NJ Momentum Fund vs SBI Healthcare Opportunities Fund: Frequently Asked Questions
What is the difference between NJ Momentum Fund and SBI Healthcare Opportunities Fund?
NJ Momentum Fund is a Thematic fund, SBI Healthcare Opportunities Fund is a Thematic fund, run by NJ Mutual Fund and SBI Mutual Fund. Their portfolios overlap 12.8%. NJ Momentum Fund charges 1.72% a year and SBI Healthcare Opportunities Fund 1.01%.
Which has the lower expense ratio, NJ Momentum Fund or SBI Healthcare Opportunities Fund?
SBI Healthcare Opportunities Fund charges less: 1.01% a year against 1.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do NJ Momentum Fund and SBI Healthcare Opportunities Fund overlap?
12.8%. They hold 4 of the same securities, the largest shared ones being LAURUSLABS, TORNTPHARM, AUROPHARMA. From each fund's latest monthly portfolio.
Can I invest in both NJ Momentum Fund and SBI Healthcare Opportunities Fund?
Yes. 12.8% of each fund's money sits in the same holdings, so some 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.