SBI Healthcare Opportunities Fund vs Tata Ethical Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Healthcare Opportunities Fund is a Thematic fund and Tata Ethical Fund is a Thematic fund. In the 3 years to 30-10-2026, SBI Healthcare Opportunities Fund (Direct) returned 24.6% a year and Tata Ethical Fund (Direct) returned 5.4% a year. SBI Healthcare Opportunities Fund charges 1.01% a year and Tata Ethical Fund 0.84% (Direct plans). Their portfolios overlap 7.9%: they hold 4 of the same securities.
SBI Healthcare Opportunities Fund
Thematic
- 3 year return
- 24.6%
- Expense ratio
- 1.01%
- NAV
- ₹588.16
Which is better, SBI Healthcare Opportunities or Tata Ethical? 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 5 years: 19.2% a year against 6.4%.
- SBI Healthcare Opportunities returned more over 3 years: 24.6% a year against 5.4%.
- Tata Ethical costs less: 0.84% a year against 1.01% (Direct plans).
- Tata Ethical swung less over 3 years: a standard deviation of 12.7% a year against 13.1%.
- Tata Ethical fell less in its worst fall since 02-01-2013: −29.5% against −30.5%.
- Tata Ethical holds more in large companies: 52.7% of the fund in large caps against 32.3%.
- SBI Healthcare Opportunities is the larger fund: ₹5,870 Cr against ₹3,619 Cr.
- Their portfolios overlap 7.9%: 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 | SBI Healthcare Opportunities Fund | Tata Ethical Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | Tata Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹5,870 Cr (30-09-2026) | ₹3,619 Cr (30-09-2026) |
| NAV | ₹588.16 (Direct) | ₹403.18 (Direct) |
| Expense ratio (Direct) | 1.01% | 0.84% |
| Expense ratio (Regular) | 1.99% | 1.97% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 Shariah TRI |
| Launch date | Not available | 05-08-1996 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Abhinav Sharma |
| Exit load | Not available | 0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment |
SBI Healthcare Opportunities vs Tata Ethical: 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 |
|---|---|---|---|---|---|---|---|
| SBI Healthcare Opportunities Fund (Direct) | +0.31% | −0.59% | +16.00% | +17.12% | +24.60% | +19.22% | +14.72% |
| Tata Ethical Fund (Direct) | +1.66% | −5.67% | −2.80% | −8.64% | +5.40% | +6.37% | +11.26% |
| 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.
SBI Healthcare Opportunities vs Tata Ethical: Year-wise Returns
| Year | SBI Healthcare OpportunitiesSBI Healthcare Opportunities | Tata EthicalTata Ethical |
|---|---|---|
| 2026to date | +21.31% | −9.74% |
| 2025 | −2.50% | −0.09% |
| 2024 | +43.75% | +14.61% |
| 2023 | +39.72% | +28.27% |
| 2022 | −5.01% | −5.36% |
| 2021 | +21.48% | +46.56% |
SBI Healthcare Opportunities vs Tata Ethical: Rolling Returns
Every holding period of both funds, against BSE Healthcare TRI, the benchmark of SBI Healthcare Opportunities Fund
Rolling returns
Every 3-year holding period, 2,675 of them, one for each trading day from 04-01-2016 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.
SBI Healthcare Opportunities Fund (Direct)
Tata Ethical Fund (Direct)
BSE Healthcare TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Healthcare Opportunities | 19.0 | 4.1 | 4.2 | 4.4 | 14.5 | 25.4 | 28.3 | 16.4% | 21.1% | −8.9% | 36.5% | 88% |
| Tata Ethical | 0.3 | 6.3 | 24.6 | 23.3 | 19.9 | 19.8 | 5.7 | 14.4% | 13.3% | −2.6% | 32.6% | 58% |
| BSE Healthcare TRI | 22.4 | 3.4 | 3.0 | 14.1 | 19.5 | 29.5 | 8.2 | 13.4% | 17.0% | −9.9% | 28.8% | -- |
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 BSE Healthcare 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 02-01-2013. Past returns do not promise future returns.
SBI Healthcare Opportunities vs Tata Ethical: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct) | ₹16,60,000 | ₹62,20,282 | ₹45,60,282 | 17.5% |
| Tata EthicalTata Ethical Fund (Direct) | ₹16,60,000 | ₹38,67,365 | ₹22,07,365 | 11.5% |
SBI Healthcare OpportunitiesSBI Healthcare Opportunities Fund (Direct)
Tata EthicalTata Ethical 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.
SBI Healthcare Opportunities vs Tata Ethical: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Healthcare Opportunities Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.12% | −8.64% |
| Standard deviation | 13.36% | 12.95% |
| Sharpe ratio | 0.89 | -1.07 |
| Sortino ratio | 1.33 | -1.41 |
| Maximum drawdown | −10.3% (23-10-2026) | −15.2% (31-03-2026) |
| Beta | 0.93 | 0.92 |
| Alpha | +5.25% | −2.61% |
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 | SBI Healthcare Opportunities Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | +24.60% | +5.40% |
| Standard deviation | 13.07% | 12.67% |
| Sharpe ratio | 1.42 | -0.05 |
| Sortino ratio | 2.03 | -0.07 |
| Maximum drawdown | −13.5% (28-02-2025) | −21.8% (31-03-2026) |
| Beta | 0.88 | 0.90 |
| Alpha | +3.61% | −1.59% |
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 | SBI Healthcare Opportunities Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | +19.22% | +6.37% |
| Standard deviation | 12.96% | 12.92% |
| Sharpe ratio | 1.04 | 0.04 |
| Sortino ratio | 1.48 | 0.06 |
| Maximum drawdown | −17.4% (17-06-2022) | −21.8% (31-03-2026) |
| Beta | 0.88 | 0.91 |
| Alpha | +4.81% | +0.29% |
From daily NAVs, 29-10-2021 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.
| Measure | SBI Healthcare Opportunities Fund (Direct) | Tata Ethical Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.93% | +13.05% |
| Standard deviation | 15.96% | 13.15% |
| Sharpe ratio | 0.74 | 0.53 |
| Sortino ratio | 1.05 | 0.73 |
| Maximum drawdown | −30.5% (23-03-2020) | −29.5% (23-03-2020) |
| Beta | 0.91 | 0.87 |
| Alpha | +3.97% | +0.38% |
From daily NAVs, 02-01-2013 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.
SBI Healthcare Opportunities Fund (Direct)
Tata Ethical Fund (Direct)
BSE Healthcare TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Healthcare Opportunities Fund (Direct) | −30.5% | 23-10-2015 | 23-03-2020 | 22-06-2020 | 3 months | −3.8% |
| Tata Ethical Fund (Direct) | −29.5% | 13-02-2020 | 23-03-2020 | 17-08-2020 | 5 months | −18.2% |
| BSE Healthcare TRI | −38.8% | 08-04-2015 | 23-03-2020 | 31-07-2020 | 4 months | −3.8% |
From daily values since 02-01-2013, 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.
SBI Healthcare Opportunities Fund (Direct)
Tata Ethical Fund (Direct)
BSE Healthcare 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.
SBI Healthcare Opportunities Fund (Direct)
Tata Ethical Fund (Direct)
BSE Healthcare TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
SBI Healthcare Opportunities Fund (Direct)
Tata Ethical Fund (Direct)
BSE Healthcare TRI
Against BSE Healthcare TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Healthcare Opportunities Fund (Direct) | 98% | 80% | 5.41% |
| Tata Ethical Fund (Direct) | 64% | 45% | 14.11% |
From month-end values since 02-01-2013. 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.
SBI Healthcare Opportunities vs Tata Ethical: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Healthcare Opportunities Fund, September 2026; Tata Ethical Fund, September 2026
Holdings in common
- Overlap
- 7.9%
- Held by both
- 4
- Only in SBI Healthcare Opportunities
- 32
- Only in Tata Ethical
- 50
| Security | % of SBI Healthcare Opportunities | % of Tata Ethical |
|---|---|---|
| Cipla Ltd. | 4.40% | 2.36% |
| Sun Pharmaceutical Industries Ltd. | 11.14% | 2.34% |
| Fortis Healthcare Ltd. | 2.36% | 2.13% |
| Syngene International Ltd. | 1.12% | 1.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 7.9% means 7.9% 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 SBI Healthcare Opportunities Fund
| Security | % of fund |
|---|---|
| Divi's Laboratories Ltd. | 7.91% |
| Acutaas Chemicals Ltd. | 5.03% |
| Apollo Hospitals Enterprise Ltd. | 4.45% |
| Torrent Pharmaceuticals Ltd. | 4.42% |
| Laurus Labs Ltd. | 4.05% |
Largest holdings only in Tata Ethical Fund
| Security | % of fund |
|---|---|
| INFOSYS LTD | 6.79% |
| TATA CONSULTANCY SERVICES LTD | 5.26% |
| TECH MAHINDRA LTD | 3.73% |
| DR REDDYS LABORATORIES LTD | 3.37% |
| HCL TECHNOLOGIES LTD | 3.17% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Healthcare Opportunities | Tata Ethical |
|---|---|---|
| Equity | 95.5% | 93.5% |
| Debt | 0.1% | 0.0% |
| Cash and others | 4.4% | 6.5% |
Market cap of stocks
| Market cap | SBI Healthcare Opportunities | Tata Ethical |
|---|---|---|
| Large Cap | 32.3% | 52.7% |
| Mid Cap | 25.7% | 27.2% |
| Small Cap | 35.4% | 13.6% |
| Not on AMFI's list | 2.2% | 0.0% |
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 | SBI Healthcare Opportunities | Tata Ethical |
|---|---|---|
| Pharmaceuticals & Biotechnology | 63.1% | 11.9% |
| IT - Software | 0.0% | 25.7% |
| Healthcare Services | 25.6% | 3.3% |
| Auto Components | 0.0% | 12.0% |
| Chemicals & Petrochemicals | 5.0% | 5.3% |
| Food Products | 0.0% | 3.9% |
| Consumer Durables | 0.0% | 3.9% |
| Healthcare Equipment & Supplies | 1.8% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Healthcare Opportunities vs Tata Ethical: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Healthcare Opportunities Fund | Tata Ethical Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.01% | 0.84% |
| Base expense ratio (Direct) | 0.74% | 0.61% |
| Total expense ratio (Regular) | 1.99% | 1.97% |
| Base expense ratio (Regular) | 1.58% | 1.63% |
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 SBI Healthcare Opportunities with
SBI Healthcare Opportunities Fund vs Tata Ethical Fund: Frequently Asked Questions
What is the difference between SBI Healthcare Opportunities Fund and Tata Ethical Fund?
SBI Healthcare Opportunities Fund is a Thematic fund, Tata Ethical Fund is a Thematic fund, run by SBI Mutual Fund and Tata Mutual Fund. Their portfolios overlap 7.9%. SBI Healthcare Opportunities Fund charges 1.01% a year and Tata Ethical Fund 0.84%.
Which has given higher returns, SBI Healthcare Opportunities Fund or Tata Ethical Fund?
Over 1 year: SBI Healthcare Opportunities Fund +17.12%, Tata Ethical Fund −8.64%. Over 3 years: SBI Healthcare Opportunities Fund +24.60% a year, Tata Ethical Fund +5.40% a year. Over 5 years: SBI Healthcare Opportunities Fund +19.22% a year, Tata Ethical Fund +6.37% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Healthcare Opportunities Fund or Tata Ethical Fund?
Tata Ethical Fund charges less: 0.84% a year against 1.01%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Healthcare Opportunities Fund and Tata Ethical Fund overlap?
7.9%. They hold 4 of the same securities, the largest shared ones being CIPLA, SUNPHARMA, FORTIS. From each fund's latest monthly portfolio.
Which is better for SIP, SBI Healthcare Opportunities Fund or Tata Ethical Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹10,49,448 in SBI Healthcare Opportunities Fund (XIRR 21.5% a year) and ₹6,66,460 in Tata Ethical Fund (XIRR 3.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both SBI Healthcare Opportunities Fund and Tata Ethical Fund?
Yes. 7.9% of each fund's money sits in the same holdings, so the two hold mostly different investments.
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.