SBI Large & Midcap Fund Direct Growth

SBI Large & Midcap Fund Direct Growth

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Equity
Direct
Large & Mid-Cap
NAV: ₹ 579.96 as on 17-05-2024

About the Fund

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

  1. SBI Large & Midcap Fund Direct Growth has ₹22689 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.
Fund Performance
zero opening, trading, fund transfer fee
7436 people have invested ₹ 8.4Cr in SBI Large & Midcap Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.75%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹22689 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0.1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
52%

SBI Large & Midcap Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Size breakup

Large cap
44.7%
Mid cap
40.5%
Small cap
12.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
22.4%
Consumer Cyclical
16.4%
Industrial
14.3%
Basic Materials
13.7%
Health
10.5%
Tech
8.7%
Consumer Defensive
5.5%
Energy
4.5%
Communication
2.6%
Utilities
1.4%

Top Holdings of SBI Large & Midcap Fund Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings75

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
4.41%
0.16%
0.43%
NIFTY 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 4.41% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed NIFTY 500 by 1.94% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 22.7K Cr
₹ 21.3K Cr
₹ 20.6K Cr
  • AUM of the fund stands at 22.7K Cr as of Apr'24
  • AUM increased by 1.4K Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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Over the last 6 months, this fund has experienced a 45.0% growth in AUM moving from 15.64K Cr to 22.68K Cr.
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Over the last 1 year, this fund has decreased expense ratio by 24.2% moving from 0.99 to 0.75.
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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%.
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In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.83% return, outperforming this fund by 8.43% per annum.
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In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 67.99% return, outperforming this fund by 33.6%.
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In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 30.55% return, outperforming this fund by 8.05% per annum.

INDmoney Rank

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18
/21
45% Performance
41% Risk Management
61% Cost
18 out of 21 among large & mid-cap

Pros

Larger AUM within category
Beats FD returns for both 3Y & 5Y

Cons

Does not beat the benchmark consistently

Fund Manager

Saurabh Pant
Saurabh Pant
Fund Manager of SBI Large & Midcap Fund Direct Growth, since 10 September 2016
Mohit Jain
Mohit Jain
Fund Manager of SBI Large & Midcap Fund Direct Growth, since 30 November 2017

SBI Large & Midcap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

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 16.54%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.38% in Equity, 0% in Debt and 2.62% in Cash related instruments
AUM size ₹22689 Cr

AUM size ₹22689 Cr

This fund has AUM of ₹22689 Cr which is more than its category average of ₹ 6434 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of SBI Large & Midcap Fund Direct Growth is ₹579.96 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
SBI Large & Midcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.62%
3.62%
6 Month Returns
18.55%
18.55%
1 Year Returns
34.38%
34.38%
3 Years Returns
83.85%
22.51%
5 Years Returns
163.76%
21.41%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.75% as on April 2024
₹22689 Cr as on April 2024
HDFC Bank Ltd(4.35%), Reliance Industries Ltd(4.01%), ICICI Bank Ltd(3.75%), State Bank of India(3.02%), HDFC Asset Management Co Ltd(2.93%) as on April 2024
Financial Services(21.85%), Consumer Cyclical(16.02%), Industrial(13.88%) as on April 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
-5.69
2.18
-0.02
As on April 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
0.95
0.88
0.97
As on April 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
2.34
1.33
0.78
As on April 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
10.46
12.64
19.67
As on April 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 2.59 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.1 as on April 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%