INF754K01053
₹677.03
The scheme seeks 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. The fund follows a balanced investment approach, offering investors exposure to both established large-cap companies and growth-oriented mid-cap companies.
- Diversified Portfolio: This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains.
- Long-term Focus: It is suitable for investors with a long-term investment horizon of at least 5 to 7 years, capable of weathering stock market fluctuations.
- Risk Considerations: The SBI Large & Midcap Fund Direct Plan Growth is rated Very High risk.
- AUM: ₹33,348.17 crore
- Expense Ratio: 0.75%
- Minimum SIP: ₹100
- Minimum Lumpsum: ₹5,000
- Exit Load: 0.10% if redeemed within 30 days
- Since Inception Returns: 17.44% CAGR
- 5-Year Returns: 23.13% annualised (as of 24-Aug-2025)
The fund is managed by experienced professionals who bring deep market expertise:
Saurabh Pant is the Current Fund Manager of SBI Large & Midcap Fund Direct Plan Growth fund. His credentials include:
- Educational Background: Masters Degree in Business Economics from the University of Delhi
- Professional Qualifications: B.Com (H), MBE and CFA (Level III)
- Experience: He has been associated with SBI Mutual Fund since 2007
- Role: joined SBI Fund Management as a Research Analyst
Managed by Saurabh Pant and Pradeep Kesavan, the fund benefits from co-management expertise. Mr. Kesavan has done B.Com, MBA (Finance) and CFA and has prior experience with leading financial institutions.
SBI Mutual Fund stands as one of India's most established and trusted asset management companies with a rich heritage spanning over three decades.
- Establishment: The SBI Mutual Fund was set up on June 29, 1987 and was incorporated on February 7, 1992.
- Historical Significance: It was India's second Mutual Fund after the Unit Trust of India started operations in 1963.
- Joint Venture: The SBI Mutual Fund is a Joint Venture (JV) between one of India's largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company.
- Market Position: In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.
- Total AUM: As of March 2024, the SBI Mutual Fund manages assets worth Rs. 9.14 lakh crores.
- Innovation: SBI Mutual Fund is the first in India to launch an ESG Fund.
- Partnership: In July 2004, SBI decided to divest 37% of the Fund and roped in Amundi as a partner.
- Registration: The SBI MF is registered with the Securities and Exchange Board of India or SEBI.
- Governance: The SBI Mutual Fund Trustee Company Private Limited was set up as a trust under the Trust Act of 1882.
This fund is suitable for investors seeking:
- Investment Horizon: Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
- Risk Tolerance: Investors comfortable with market volatility and higher risk levels
- Return Expectations: When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
- SIP Recommended: Like for all equity funds, you must invest only through the SIP route.
- Diversification: Provides exposure to both large and mid-cap segments for balanced growth
- Professional Management: Benefit from experienced fund managers' stock selection expertise
- Volatility: But be prepared for ups and downs in your investment value along the way.
- Tax Efficiency: If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
The Latest NAV as of 25 Aug 2025 is ₹677.03. NAV is updated daily and reflects the fund's per-unit market value.
The AUM of SBI Large and Midcap Fund, is ₹33348.17 crore. This represents the total assets managed by the fund as per the latest available data.
The expense ratio of SBI Large and Midcap Fund is 0.75% which covers the annual fund management charges.
The fund has delivered a CAGR of 17.44 since inception. The SBI Large and Midcap Fund was launched on Jan 01 2013.
Minimum SIP Investment is set to ₹100. This makes the fund accessible for retail investors to start systematic investing.
You can invest in SBI Large & Midcap Fund through Allvest platform online. Simply create an account, complete your KYC, select the fund, and choose between SIP or lumpsum investment options.
Log into your Allvest account, search for SBI Large & Midcap Fund, select SIP option, choose investment amount and frequency, set up auto-debit instructions, and confirm your investment.
Through Allvest, you can set up automated SIP by providing bank mandate for auto-debit. The system will automatically deduct the specified amount on your chosen dates without manual intervention.
Log into your Allvest account, go to your portfolio, select the fund units you want to redeem, specify the amount or units, and submit the redemption request. Funds will be credited to your registered bank account within 3-5 working days.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer