SBI Large Cap Fund Direct Growth NAV Advances to ₹100.89 on 17 September; Top Five Holdings at 29.31%

Key Takeaways

• SBI Large Cap Fund Direct Growth NAV rose 0.71% to ₹100.89 on 17 September 2026. Its latest three-year CAGR stood at 8.03%. 
• The one-year return was -3.04%, while the three-year and five-year CAGRs were 8.03% and 8.74%. The two longer-period annualised figures were separated by only 0.71 percentage points. 
• ICICI Bank and HDFC Bank together represented 16.44% of the portfolio. The five largest holdings accounted for 29.31% of total assets. 
• The scheme managed approximately ₹55,140 crore and had a Direct Growth expense ratio of 0.88%. The minimum SIP was ₹500 and the minimum lump-sum investment ₹5,000. 

SBI Large Cap Fund Direct Growth NAV advanced 0.71% to ₹100.89 on 17 September 2026. The scheme's three-year CAGR stood at 8.03%. Its fund size was approximately ₹55,140 crore, while the Direct Growth expense ratio was 0.88%. The minimum SIP was ₹500, compared with ₹5,000 for a lump-sum investment. 

The latest one-year return remained negative at -3.04%. Over three years, annualised performance stood at 8.03%, rising modestly to 8.74% over five years. The gap between those two longer periods was only 0.71 percentage points. The five-year CAGR was 11.78 percentage points above the latest one-year return. 

ICICI Bank was the largest disclosed holding at 8.66%, followed by HDFC Bank at 7.78%. Together, those two banking positions accounted for 16.44% of the portfolio. Larsen & Toubro represented 5.43%, Samvardhana Motherson 3.77% and SBI 3.67%. Across the five largest positions, the combined weight was 29.31%. 

Historical beta stood at 0.98 and standard deviation at 3.93. Alpha came in at 4.61, while the Sharpe ratio was 0.44. These figures summarise historical portfolio characteristics and should not be interpreted as forecasts. 

As a large-cap scheme, the portfolio predominantly invests in larger listed companies. The latest holdings data show a sizeable contribution from the two leading banking stocks, although more than 70% of assets remained outside the five largest positions. 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.