SBI Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 24-03-2025
₹ 623.81
▲1.5%
1D
Inception Returns
17.3%
/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 ₹27385 Cr worth of assets under management (AUM) as on Jan 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 17.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.28%, 17.96% and 31.19% 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, Government. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, Abbott India 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.
Historical NAV & Returns
Absolute
▲
▼
9335 people have invested ₹ 6.9Cr 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
8
/21
62% Performance
57% Risk Management
64% Cost
8 out of 21 among large & mid-cap
Lower volatility within category
Protects capital during bear phase
Larger AUM within category
No bad points found for this fund.
SBI Large & Midcap Fund Direct Growth Overview
| Expense ratio | 0.84% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹27385 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 (24-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
40.1%
Mid cap
35.9%
Small cap
16.9%
Sector Allocation
Financial Services
28.1%
Basic Materials
14.5%
Consumer Cyclical
12.4%
Health
11.7%
Industrial
10.7%
Tech
7.8%
Consumer Defensive
5.9%
Energy
3.5%
Communication
3.2%
Utilities
2.3%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 27.4K Cr as of Feb'25
- AUM decreased by 1.3K Cr between Feb'25 and Jan'25
Top Stocks bought last month
Hindustan Unilever Ltd's allocation increased from 0.87% to 1.72%
Page Industries Ltd's allocation increased from 1.29% to 1.89%
Berger Paints India Ltd's allocation increased from 1.21% to 1.66%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.97 % to 7.79 %
HDFC Asset Management Co Ltd's allocation decreased from 2.74 % to 2.58 %
ICICI Bank Ltd's allocation decreased from 3.24 % to 2.55 %
Mid Cap allocation has gone up from 35.4% to 35.9%
Large Cap allocation has gone up from 39.7% to 40.1%
Small Cap allocation has gone down from 18.2% to 16.9%
Debt allocation has gone up from 0.1% to 0.1%
Cash allocation has gone up from 5.8% to 6%
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Basic Materials
Feb'25
Financial Services
28%
Basic Materials
14%
Consumer Cyclical
12%
Jan'25
Financial Services
26%
Consumer Cyclical
13%
Basic Materials
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Jindal Steel & Power Ltd | 6% |
 HDFC Bank Ltd | 5.6% |
 Abbott India Ltd | 1.6% |
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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
₹7.67L Cr
as on 31-Jan-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
This fund expense ratio is slightly on the lower side within the category (large & mid-cap). Its expense ratio is 0.84% which is lower than the category average expense ratio of 1.27%.
Over the last 3 months, this fund has experienced a 6.6% drop in AUM moving from 29.32K Cr to 27.38K Cr.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.31% return, outperforming this fund by 8.34% per annum.
Over the last 1 month, this fund has increased expense ratio by 15.1% moving from 0.73 to 0.84.
In the last 5 years, ICICI Prudential Large & Mid Cap Fund Direct Plan Growth has given 34.95% return, outperforming this fund by 3.76% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 21.28% return, outperforming this fund by 7%.
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 17.31% since inception which is more than its category average return of 14.32%
Fund Allocations
This fund has an allocation of 93.85% in Equity, 0.13% in Debt and 6.02% in Cash related instruments
AUM size ₹27385 Cr
This fund has AUM of ₹27385 Cr which is more than its category average of ₹ 7619 Cr
Expense Ratio 0.84%
This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions for SBI Large & Midcap Fund Direct Growth
The current NAV of SBI Large & Midcap Fund Direct Growth is ₹623.81 as on 24-Mar-2025.
Existing (Absolute + CAGR) as on 24-Mar-2025.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.02% | 5.02% |
6 Month Returns | -7.86% | -7.86% |
1 Year Returns | 14.28% | 14.28% |
3 Years Returns | 64.16% | 17.96% |
5 Years Returns | 288.62% | 31.19% |
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.
0.84% as on February 2025
₹27385 Cr as on February 2025
HDFC Bank Ltd(8.32%), Kotak Mahindra Bank Ltd(3.89%), Axis Bank Ltd(3.41%), Reliance Industries Ltd(3.33%), Abbott India Ltd(3.05%) as on February 2025
Financial Services(26.38%), Basic Materials(13.6%), Consumer Cyclical(11.6%) as on January 1
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 | 3.89 | 2.23 | 0.27 |
As on February 2025
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 | 0.82 | 0.84 | 0.96 |
As on February 2025
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 | -0.01 | 0.76 | 0.75 |
As on February 2025
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 | 13.13 | 13.01 | 19.87 |
As on February 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 1.32 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.32 as on February 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%