SBI Large & Midcap Fund Direct Growth
NAV as on 11-04-2025
₹ 599.86
▲1.7%
1D
Inception Returns
16.9%
/yr
Historical NAV & Returns
Absolute
▲
▼
8975 people have invested ₹ 6.8Cr in SBI Large & Midcap Fund Direct Growth in the last three months
About SBI Large & Midcap Fund Direct Growth
SBI Large & Midcap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Saurabh Pant. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Large & Midcap Fund Direct Growth has ₹29416 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Large & Midcap Fund Direct Growth has given a CAGR return of 16.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.31%, 14.64% and 27.13% respectively.
Holdings
SBI Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Health, Industrial, Tech, Consumer Defensive, Energy, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, Shree Cement Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Large & Midcap Fund Direct Growth
To provide the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising predominantly large cap and mid cap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. SBI Large & Midcap Fund Direct Growth has no lock in period.
SBI Large & Midcap Fund Direct Growth Overview
| Expense ratio | 0.75% |
Benchmark | Nifty LargeMidcap 250 TR INR |
| AUM | ₹29416 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 21.26% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for SBI Large & Midcap Fund Direct Growth
Powered by IND quant engine
6
/21
59% Performance
68% Risk Management
52% Cost
6 out of 21 among large & mid-cap
Lower volatility within category
Protects capital during bear phase
Recovers losses quickly
Underperforms benchmarks during bull run
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
40.1%
Mid cap
36.9%
Small cap
16.8%
Sector Allocation
Financial Services
28.7%
Basic Materials
14.2%
Consumer Cyclical
14.2%
Health
11.3%
Industrial
10.4%
Tech
7%
Consumer Defensive
5.8%
Energy
3.5%
Communication
2.5%
Utilities
2.4%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.01% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 7.25% as on Mar'25
- This fund underperformed NIFTY 500 by 1.24% in Mar'25
- AUM of the fund stands at 29.4K Cr as of Mar'25
- AUM increased by 2K Cr between Mar'25 and Feb'25
Top Stocks bought last month
Balkrishna Industries Ltd's allocation increased from 0.96% to 1.28%
Kotak Mahindra Bank Ltd's allocation increased from 3.89% to 4.13%
FSN E-Commerce Ventures Ltd's allocation increased from 0.78% to 1%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.32 % to 8.18 %
Reliance Industries Ltd's allocation decreased from 3.33 % to 3.29 %
Abbott India Ltd's allocation decreased from 3.05 % to 2.87 %
Small Cap allocation has gone down from 16.9% to 16.8%
Mid Cap allocation has gone up from 35.9% to 36.9%
Large Cap allocation has gone down from 40.1% to 40.1%
Cash allocation has gone down from 6% to 5.4%
Debt allocation has gone down from 0.1% to 0%
Top 3 Sectors in March were Financial Services, Basic Materials & Consumer Cyclical
Mar'25
Financial Services
29%
Basic Materials
14%
Consumer Cyclical
14%
Feb'25
Financial Services
28%
Basic Materials
14%
Consumer Cyclical
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.18% | 0% | |
 Kotak Mahindra Bank Ltd | 4.13% | 0% | |
 Axis Bank Ltd | 3.45% | 0% | |
 Reliance Industries Ltd | 3.29% | 0% | |
 Shree Cement Ltd | 3.01% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Large & Midcap Fund Direct Growth | 5.31% | 14.64% | 27.13% | 16.86% |
 Invesco India Large&MidCap Fund Direct Plan Growth | 16.13% | 21.07% | 27.15% | 17.89% |
 Motilal Oswal Large and Midcap Fund Direct Growth | 12.49% | 23.58% | 30.79% | 23.1% |
 ICICI Prudential Large & Mid Cap Fund Direct Plan Growth | 11.95% | 20.34% | 31.53% | 16.8% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 19.2% |
 Kotak Mahindra Bank Ltd | 5.9% |
 HDFC Bank Ltd | 5.6% |
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Saurabh Pant
Fund Manager of SBI Large & Midcap Fund Direct Growth, since 10 September 2016
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com
Mutual Fund Insights
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 21.68% return, outperforming this fund by 7.04% per annum.
In the last 5 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 30.72% return, outperforming this fund by 3.59% per annum.
Over the last 3 months, this fund has increased expense ratio by 7.1% moving from 0.70 to 0.75.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.75% which is lower than the category average expense ratio of 1.22%.
Over the last 1 month, this fund has experienced a 7.4% growth in AUM moving from 27.38K Cr to 29.41K Cr.
In the last 1 year, Invesco India Large&MidCap Fund Direct Plan Growth has given 10.47% return, outperforming this fund by 5.15%.
SBI Large & Midcap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.86% since inception which is more than its category average return of 13.76%
Fund Allocations
This fund has an allocation of 94.59% in Equity, 0% in Debt and 5.41% in Cash related instruments
AUM size ₹29416 Cr
This fund has AUM of ₹29416 Cr which is more than its category average of ₹ 7546 Cr
Expense Ratio 0.75%
This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.37%
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Frequently Asked Questions for SBI Large & Midcap Fund Direct Growth
The current NAV of SBI Large & Midcap Fund Direct Growth is ₹599.86 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.21% | 1.21% |
6 Month Returns | -9.38% | -9.38% |
1 Year Returns | 5.31% | 5.31% |
3 Years Returns | 50.66% | 14.64% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.75% as on March 2025
₹29416 Cr as on March 2025
HDFC Bank Ltd(8.18%), Kotak Mahindra Bank Ltd(4.13%), Axis Bank Ltd(3.45%), Reliance Industries Ltd(3.29%), Shree Cement Ltd(3.01%) as on March 2025
Financial Services(27.16%), Basic Materials(13.44%), Consumer Cyclical(13.4%) as on March 2025
The alpha ratio for the SBI Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Large & Midcap Fund Direct Growth | 4.32 | 1.87 | 2.62 |
As on March 2025
The alpha for SBI Large & Midcap Fund Direct Growth is calculated against Nifty LargeMidcap 250 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Large & Midcap Fund Direct Growth | 0.81 | 0.84 | 0.88 |
As on March 2025
The Beta for SBI Large & Midcap Fund Direct Growth is calculated with Nifty LargeMidcap 250 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Large & Midcap Fund Direct Growth | 0.41 | 0.78 | 1.48 |
As on March 2025
The sharpe ratio for SBI Large & Midcap Fund Direct Growth is calculated with Nifty LargeMidcap 250 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Large & Midcap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Large & Midcap Fund Direct Growth | 14.2 | 13.14 | 14.66 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.36 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.16 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Saurabh Pant is the fund manager of SBI Large & Midcap Fund Direct Growth
The Exit load of SBI Large & Midcap Fund Direct Growth is 0.1%