SBI Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 19-11-2024
₹ 631
▲0.6%
1D
Inception Returns
18%
/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, Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Large & Midcap Fund Direct Growth has ₹28660 Cr worth of assets under management (AUM) as on Oct 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 17.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.98%, 17.27% and 21.82% respectively.
Holdings
SBI Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Industrial, Health, Tech, Consumer Defensive, Energy, Utilities, Communication. 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
▲
▼
9710 people have invested ₹ 11.7Cr 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
14
/21
54% Performance
52% Risk Management
69% Cost
14 out of 21 among large & mid-cap
Protects capital during bear phase
Larger AUM within category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
SBI Large & Midcap Fund Direct Growth Overview
| Expense ratio | 0.7% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹28660 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 21.26% |
| STCG | Redeeming 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-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
41.1%
Mid cap
37.6%
Small cap
16.2%
Sector Allocation
Financial Services
23.9%
Basic Materials
15%
Consumer Cyclical
11.8%
Industrial
11.7%
Health
10.1%
Tech
9.8%
Consumer Defensive
7%
Energy
3.7%
Utilities
3.4%
Communication
3.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.28% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
- This fund outperformed NIFTY 500 by 2.24% in Oct'24
- AUM of the fund stands at 28.7K Cr as of Oct'24
- AUM decreased by 574 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Ashok Leyland Ltd's allocation increased from 0.89% to 1.96%
Hindustan Unilever Ltd's allocation increased from 0.34% to 0.97%
Alkem Laboratories Ltd's allocation increased from 1.16% to 1.67%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 3.84 % to 3.53 %
Muthoot Finance Ltd's allocation decreased from 2.67 % to 2.42 %
Infosys Ltd's allocation decreased from 2.44 % to 2.33 %
Mid Cap allocation has gone down from 37.9% to 37.6%
Large Cap allocation has gone up from 40.5% to 41.1%
Small Cap allocation has gone down from 16.8% to 16.2%
Cash allocation has gone up from 4% to 4.3%
Top 3 Sectors in October were Financial Services, Basic Materials & Consumer Cyclical
Oct'24
Financial Services
24%
Basic Materials
15%
Consumer Cyclical
12%
Sep'24
Financial Services
23%
Basic Materials
15%
Consumer Cyclical
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Ami Organics Ltd | 28.6% |
 Coforge Ltd | 18.9% |
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Saurabh Pant
Fund Manager of SBI Large & Midcap Fund Direct Growth, since 10 September 2016
Top funds managed
Mohit Jain
Fund Manager of SBI Large & Midcap Fund Direct Growth, since 30 November 2017
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-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
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.7% which is lower than the category average expense ratio of 1.2%.
Over the last 6 months, this fund has experienced a 26.3% growth in AUM moving from 22.68K Cr to 28.66K Cr.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.78% return, outperforming this fund by 4.97% per annum.
Over the last 1 year, this fund has decreased expense ratio by 17.6% moving from 0.85 to 0.70.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.16% return, outperforming this fund by 7.9% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 47.74% return, outperforming this fund by 18.76%.
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 17.96% since inception which is more than its category average return of 15.9%
Fund Allocations
This fund has an allocation of 95.67% in Equity, 0% in Debt and 4.33% in Cash related instruments
AUM size ₹28660 Cr
This fund has AUM of ₹28660 Cr which is more than its category average of ₹ 7239 Cr
Expense Ratio 0.7%
This fund has an expense ratio of 0.7% 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 ₹631 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.79% | -4.79% |
6 Month Returns | 8.8% | 8.8% |
1 Year Returns | 28.98% | 28.98% |
3 Years Returns | 61.26% | 17.27% |
5 Years Returns | 168.24% | 21.82% |
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.
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0.7% as on October 2024
₹28660 Cr as on October 2024
HDFC Bank Ltd(6.21%), Reliance Industries Ltd(3.53%), ICICI Bank Ltd(3.34%), State Bank of India(3.15%), HDFC Asset Management Co Ltd(2.87%) as on October 2024
Financial Services(22.87%), Basic Materials(14.33%), Consumer Cyclical(11.3%) as on October 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 | 3.39 | 2.08 | 0.55 |
As on October 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 October 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 | 2.21 | 0.98 | 0.89 |
As on October 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 | 11.83 | 12.69 | 19.61 |
As on October 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 1.76 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.23 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Saurabh Pant, Mohit Jain are the fund managers of SBI Large & Midcap Fund Direct Growth
The Exit load of SBI Large & Midcap Fund Direct Growth is 0.1%