SBI Large & Midcap Fund: Decades Of Average Performance With 7.47% Returns This Week

The SBI Large & Midcap Fund, alloted on February 28, 1993 aims for long-term capital appreciation by investing in a diversified portfolio of large and midcap companies. The fund maintains a minimum of 35% exposure in both large and midcap stocks, utilizing a blend of growth and value investing strategies and a combination of top-down and bottom-up approaches for stock selection.

NAV (12 June, 2024): ₹568.0514
Crisil Rank: 3 – Average performance among peers
Fund Size: ₹23,443.39 Crores 

Advertisement

Expense Ratio: 1.65%
Risk Level: Very High

SBI Large & Midcap Fund – Portfolio Composition

  • Equity Investment: 96.12%
    • Large Cap: 40.02%
    • Mid Cap: 24.82%
    • Small Cap: 13.24%
  • Debt Investment: 0%
  • Other Investments: 2.62%

Suitability

  • Investors looking to invest for at least 3-4 years aiming for high returns.
  • Suitable for those prepared for moderate losses.

SBI Large & Midcap Fund – Absolute Returns

Period ₹10,000 Invested On Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 04-Jun-24 10747.50 7.47% 4.80% 28/30
1 Month 10-May-24 10762.70 7.63% 8.14% 20/30
3 Months 11-Mar-24 10962.70 9.63% 11.97% 23/30
6 Months 11-Dec-23 11711.50 17.11% 21.06% 23/27
YTD 01-Jan-24 10904.30 9.04% 16.94% 25/28
1 Year 09-Jun-23 13515.60 35.16% 34.82% 44.30% 25/27
2 Years 10-Jun-22 16518.50 65.19% 28.44% 30.85% 19/27
3 Years 11-Jun-21 17340.10 73.40% 20.12% 20.76% 14/27
5 Years 11-Jun-19 25182.50 151.83% 20.26% 20.43% 13/23
10 Years 11-Jun-14 46576.50 365.77% 16.62% 16.21% 7/19

SIP Returns 

Period ₹1,000 SIP Started On Total Investment Latest Value Absolute Returns Annualised Returns
1 Year 09-Jun-23 ₹12,000 ₹14,260.27 18.84% 36.46%
2 Years 10-Jun-22 ₹24,000 ₹31,910.77 32.96% 30.01%
3 Years 11-Jun-21 ₹36,000 ₹50,981.83 41.62% 23.93%

SBI Large & Midcap Fund – Risk Ratios 

  • Standard Deviation: 10.76 (Category Avg: 12.05)
  • Beta: 0.83 (Category Avg: 0.94)
  • Sharpe Ratio: 1.34 (Category Avg: 1.17)
  • Treynor’s Ratio: 0.17 (Category Avg: 0.15)
  • Jenson’s Alpha: 1.82 (Category Avg: 0.52)

The SBI Large & Midcap Fund exhibits lower volatility and market sensitivity compared to peers, with superior risk-adjusted returns and strong management. Its lower standard deviation and beta, along with higher Sharpe, Treynor’s ratios, and Jensen’s Alpha, indicate better performance and stability

Top Holdings

Stock Sector % of Total Holdings
HDFC Bank Ltd. Private sector bank 4.35%
Reliance Industries Ltd. Refineries & marketing 4.01%
ICICI Bank Ltd. Private sector bank 3.75%
State Bank Of India Public sector bank 3.02%
National Aluminium Co. Ltd. Aluminium 2.37%
Abbott India Ltd. Pharmaceuticals 2.33%

SBI Large & Midcap Fund – Tax Treatment

  • Long Term Capital Gains (LTCG): 10% tax if held for more than 1 year, applicable if total LTCG exceeds ₹1 lakh.
  • Short Term Capital Gains (STCG): 15% tax if held for less than 1 year.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.