SBI Large & Midcap Fund - Direct Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Very High

₹556.6555 -0.09%

As on 23-Feb-2024

Returns

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Calculate SIP Returns of SBI Large & Midcap Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of SBI Large & Midcap Fund - Direct Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of SBI Large & Midcap Fund - Direct Plan

Assets info

₹20,008 Cr

Exit Load (Days) info

0.10 (30)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

12

Investment Strategy

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.

Suitability

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. But be prepared for ups and downs in your investment value along the way.

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. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.

Taxation

Capital Gains Taxation

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for SBI Large & Midcap Fund - Direct Plan

SBI Large & Midcap Fund - Direct Plan is mandated to invest at least 35 per cent of its assets each in large-cap and mid-cap stocks.

Mutual funds can be bought directly from the website of the fund house. For instance, SBI Large & Midcap Fund - Direct Plan fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of SBI Large & Midcap Fund - Direct Plan is ₹556.6555 as of 24-Feb-2024.

The AUM of SBI Large & Midcap Fund - Direct Plan Fund is ₹20,008 Cr as of 31-Jan-2024

The riskometer level of SBI Large & Midcap Fund - Direct Plan is Very High. See More

As of 31-Jan-2024, SBI Large & Midcap Fund - Direct Plan had invested 91.25% in Equity and 8.75% in Cash & Cash Eq. See More

SBI Large & Midcap Fund - Direct Plan is 11 years 1 months old. It has delivered 17.86% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
36.35%
22.76%
21.27%
17.39%
19.14%
17.86%

No, There is no lock in period in SBI Large & Midcap Fund - Direct Plan.

The expense ratio of SBI Large & Midcap Fund - Direct Plan is 0.77.

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