SBI Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV: ₹ 565.31 as on 23-04-2024
Fund Performance
7512 people have invested ₹ 8.1Cr in SBI Large & Midcap Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 22.2% moving from 0.99 to 0.77.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 27.44% return, outperforming this fund by 7.52% per annum.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 32.46% return, outperforming this fund by 8.7% per annum.
Over the last 6 months, this fund has experienced a 35.4% growth in AUM moving from 15.70K Cr to 21.27K Cr.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 65.92% return, outperforming this fund by 30.7%.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.23%.
INDmoney Rank of SBI Large & Midcap Fund Direct Growth
Powered by IND quant engine
18
/21
48% Performance
41% Risk Management
62% Cost
18 out of 21 among large & mid-cap
Pros
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Cons
Has not generated consistent returns
About the 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 ₹21270 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
SBI Large & Midcap Fund Direct Growth Overview
 | 0.77% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹21270 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 0.1% |
 | No Lock-in |
 TurnOver | 52% |
SBI Large & Midcap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
44%
Mid cap
39.4%
Small cap
11.4%
Sector Allocation
Financial Services
21.4%
Consumer Cyclical
17.1%
Industrial
13.9%
Basic Materials
12.3%
Health
11.2%
Tech
10.2%
Consumer Defensive
5.8%
Energy
4.9%
Communication
1.9%
Utilities
1.3%
Top Holdings of SBI Large & Midcap Fund Direct Growth as on (31-Mar-24)
Equity Holdings76
SBI Large & Midcap Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.16% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 0.62% in Mar'24
AUM Change
- AUM of the fund stands at 21.3K Cr as of Mar'24
- AUM increased by 637.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Large & Midcap Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Muthoot Finance Ltd | 23.5% |
 Bajaj Auto Ltd | 8.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Kajaria Ceramics Ltd | 1.9% |
Peer Analysis
SBI Large & Midcap Fund Direct Growth Fund Manager
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
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 17.81% since inception which is more than its category average return of 16.04%
Fund Allocations
This fund has an allocation of 94.71% in Equity, 0% in Debt and 5.29% in Cash related instruments
AUM size ₹21270 Cr
This fund has AUM of ₹21270 Cr which is more than its category average of ₹ 6088 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of SBI Large & Midcap Fund Direct Growth is ₹565.31 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.56% | 3.56% |
6 Month Returns | 20.28% | 20.28% |
1 Year Returns | 35.22% | 35.22% |
3 Years Returns | 89.56% | 23.76% |
5 Years Returns | 148% | 19.92% |
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0.77% as on March 2024
₹21270 Cr as on March 2024
HDFC Bank Ltd(4.42%), Reliance Industries Ltd(4.33%), ICICI Bank Ltd(3.8%), State Bank of India(2.94%), HDFC Asset Management Co Ltd(2.83%) as on March 2024
Financial Services(20.26%), Consumer Cyclical(16.16%), Industrial(13.14%) as on March 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 | -6.32 | 2.11 | 0.28 |
As on March 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 | 0.94 | 0.88 | 0.96 |
As on March 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 | 2.3 | 1.25 | 0.74 |
As on March 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 | 10.37 | 12.56 | 19.64 |
As on March 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 2.42 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.11 as on March 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%