About SBI Large & Midcap Fund
SBI Large & Midcap Fund is a large & mid cap fund managed by SBI Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with 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.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹695.4368 | 119721 |
| Direct | IDCW | ₹362.4755 | 119720 |
| Regular | Growth | ₹634.9827 | 103024 |
| Regular | IDCW | ₹286.8763 | 101530 |
Frequently asked questions
What is the NAV of SBI Large & Midcap Fund today?
The NAV of SBI Large & Midcap Fund (Direct plan, Growth) is ₹695.4368 and the Regular plan NAV is ₹634.9827, as of 18 Sept 2026.
What returns has SBI Large & Midcap Fund given?
Over the last year the Direct plan returned 0.94%, and 12.02% a year over 3 years and 13.47% a year over 5 years. That places it 21 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Large & Midcap Fund?
The Direct plan charges 0.82% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Large & Midcap Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹5,000 or more.
How much has SBI Large & Midcap Fund fallen in the past?
Its deepest fall was 36.4% from 20 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 89% ended in a gain.
What does SBI Large & Midcap Fund invest in?
As on 31 Aug 2026 it held 87 positions, the largest being HDFC Bank Ltd (6.4%), ICICI Bank Ltd (4%), Axis Bank Ltd (3.4%). Its biggest sector was banks at 16.6% of the fund. Portfolios change every month.
Which category does SBI Large & Midcap Fund belong to?
It is a Large & Mid Cap Fund from SBI Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Large & Midcap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.