SBI Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 19-12-2024
₹ 647.22
1D
Inception Returns
18.1%
/yr
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 ₹29329 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
SBI Large & Midcap Fund Direct Growth has given a CAGR return of 18.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.18%, 19.48% and 22.48% respectively.
Holdings
SBI Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Energy, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, State Bank of India, HDFC Asset Management Co 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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.
Historical NAV & Returns
Annualised
▲
▼
9650 people have invested ₹ 11.6Cr in SBI Large & Midcap Fund Direct Growth in the last three months
INDmoney Rank for SBI Large & Midcap Fund Direct Growth
Powered by IND quant engine
16
/21
53% Performance
51% Risk Management
68% Cost
16 out of 21 among large & mid-cap
Protects capital during bear phase
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Underperforms benchmarks during bull run
SBI Large & Midcap Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹29329 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 |
Trailing Returns
as on (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
41.7%
Mid cap
35.9%
Small cap
15.7%
Sector Allocation
Financial Services
25.1%
Basic Materials
14.6%
Consumer Cyclical
12.1%
Industrial
10.9%
Tech
10.8%
Health
10.2%
Consumer Defensive
6.9%
Energy
3.6%
Communication
3.4%
Utilities
2.5%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.41% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 1.01% in Nov'24
- AUM of the fund stands at 29.3K Cr as of Nov'24
- AUM increased by 668.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.21% to 8.06%
Coforge Ltd's allocation increased from 2.45% to 2.72%
EPAM Systems Inc's allocation increased from 0.81% to 1.03%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 3.53 % to 3.35 %
ICICI Bank Ltd's allocation decreased from 3.34 % to 3.28 %
State Bank of India's allocation decreased from 3.15 % to 3.15 %
Mid Cap allocation has gone down from 37.6% to 35.9%
Large Cap allocation has gone up from 41.1% to 41.7%
Small Cap allocation has gone down from 16.2% to 15.7%
Cash allocation has gone up from 4.3% to 5.7%
Top 3 Sectors in November were Financial Services, Basic Materials & Consumer Cyclical
Nov'24
Financial Services
25%
Basic Materials
15%
Consumer Cyclical
12%
Oct'24
Financial Services
24%
Basic Materials
15%
Consumer Cyclical
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 16.7% |
 HDFC Bank Ltd | 3.9% |
 Ashok Leyland Ltd | 0.7% |
Loading...
We are taking more time than usual
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
₹7.65L Cr
as on 29-Nov-2024
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 30.78% return, outperforming this fund by 11.3% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 50.72% return, outperforming this fund by 27.55%.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 29.27% return, outperforming this fund by 6.8% per annum.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.2%.
Over the last 6 months, this fund has experienced a 25.1% growth in AUM moving from 23.44K Cr to 29.32K Cr.
Over the last 1 year, this fund has decreased expense ratio by 14.5% moving from 0.83 to 0.71.
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 18.08% since inception which is more than its category average return of 16.95%
Fund Allocations
This fund has an allocation of 94.3% in Equity, 0% in Debt and 5.7% in Cash related instruments
AUM size ₹29329 Cr
This fund has AUM of ₹29329 Cr which is more than its category average of ₹ 7358 Cr
Expense Ratio 0.71%
This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for SBI Large & Midcap Fund Direct Growth
The current NAV of SBI Large & Midcap Fund Direct Growth is ₹647.22 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.57% | 2.57% |
6 Month Returns | 5.15% | 5.15% |
1 Year Returns | 23.18% | 23.18% |
3 Years Returns | 70.58% | 19.48% |
5 Years Returns | 175.59% | 22.48% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.71% as on November 2024
₹29329 Cr as on November 2024
HDFC Bank Ltd(8.06%), Reliance Industries Ltd(3.35%), ICICI Bank Ltd(3.28%), State Bank of India(3.15%), HDFC Asset Management Co Ltd(2.74%) as on November 2024
Financial Services(23.65%), Basic Materials(13.79%), Consumer Cyclical(11.39%) as on November 2024
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 | 3.35 | 1.8 | 0.61 |
As on November 2024
The alpha for SBI Large & Midcap Fund Direct Growth is calculated against S&P BSE 200 India 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 | 0.84 | 0.87 | 0.96 |
As on November 2024
The Beta for SBI Large & Midcap Fund Direct Growth is calculated with S&P BSE 200 India 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 | 1.78 | 1.02 | 0.88 |
As on November 2024
The sharpe ratio for SBI Large & Midcap Fund Direct Growth is calculated with S&P BSE 200 India 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 | 11.1 | 12.61 | 19.61 |
As on November 2024
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 1.83 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.13 as on November 2024. 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%