SBI Large & Midcap Fund Direct Growth
Equity
Direct
Large & Mid-Cap
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
- SBI Large & Midcap Fund Direct Growth has ₹25629 Cr worth of assets under management (AUM) as on Jun 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 18.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.78%, 21.34% and 23.67% respectively.
Holdings
SBI Large & Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Consumer Cyclical, 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.
Fund Performance
8604 people have invested ₹ 9Cr in SBI Large & Midcap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
18
/21
44% Performance
41% Risk Management
66% Cost
18 out of 21 among large & mid-cap
Larger AUM within category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Higher probablity of downside risk
Fund Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹25629 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 52% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
43%
Mid cap
37.1%
Small cap
15.3%
Sector Allocation
Financial Services
24.5%
Basic Materials
14.5%
Industrial
13.8%
Consumer Cyclical
13.4%
Tech
10%
Health
8.3%
Consumer Defensive
6%
Energy
4.9%
Communication
3.2%
Utilities
1.2%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Grasim Industries Ltd | 12.2% |
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
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 35.4% growth in AUM moving from 18.92K Cr to 25.62K Cr.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.2%.
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.57% return, outperforming this fund by 10.23% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.68% return, outperforming this fund by 8.02% per annum.
In the last 1 year, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 63.99% return, outperforming this fund by 28.21%.
Over the last 1 year, this fund has decreased expense ratio by 25.8% moving from 0.97 to 0.72.
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 18.61% since inception which is more than its category average return of 17.98%
Fund Allocations
This fund has an allocation of 95.22% in Equity, 0% in Debt and 4.78% in Cash related instruments
AUM size ₹25629 Cr
This fund has AUM of ₹25629 Cr which is more than its category average of ₹ 7161 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of SBI Large & Midcap Fund Direct Growth is ₹637.46 as on 24-Jul-2024.
Existing (Absolute + CAGR) as on 24-Jul-2024.
SBI Large & Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.93% | 2.93% |
6 Month Returns | 18.91% | 18.91% |
1 Year Returns | 35.78% | 35.78% |
3 Years Returns | 78.66% | 21.34% |
5 Years Returns | 189.22% | 23.67% |
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.
0.72% as on June 2024
₹25629 Cr as on June 2024
HDFC Bank Ltd(6.74%), Reliance Industries Ltd(4.64%), ICICI Bank Ltd(3.46%), State Bank of India(3.05%), HDFC Asset Management Co Ltd(2.98%) as on June 2024
Financial Services(23.38%), Basic Materials(13.82%), Industrial(13.19%) as on June 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 | -5.05 | 1.34 | 0.07 |
As on June 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 | 0.97 | 0.85 | 0.97 |
As on June 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 | 2.19 | 1.24 | 0.86 |
As on June 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 | 11.37 | 12.13 | 19.79 |
As on June 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 2.31 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
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%