SBI Large Cap Fund Direct Growth NAV Reaches ₹101.97 on 21 September; Top Five Holdings Account for 29.31%

Key Takeaways

• SBI Large Cap Fund Direct Growth NAV stood at ₹101.97 on 21 September 2026, up 0.20% for the day. 
• The one-year return was -2.18%, compared with a three-year CAGR of 9.17% and five-year CAGR of 9.12%. 
• ICICI Bank and HDFC Bank were the two largest disclosed positions at 8.66% and 7.78%, respectively. 

SBI Large Cap Fund Direct Growth increased 0.20% to ₹101.97 on 21 September 2026. The scheme managed approximately ₹55,140 crore. Its Direct Growth expense ratio was 0.88%, with a minimum SIP of ₹500 and a minimum lump-sum investment of ₹5,000. 

The latest one-year return was -2.18%. Over three years, the fund recorded an annualised return of 9.17%; the five-year CAGR was almost identical at 9.12%. Only 0.05 percentage points separated the three- and five-year figures, despite each period covering a different market window. 

ICICI Bank carried the largest disclosed portfolio weight at 8.66%, followed by HDFC Bank at 7.78%. Larsen & Toubro accounted for 5.43%, Samvardhana Motherson International for 3.77% and State Bank of India for 3.67%. Together, those five positions represented 29.31% of the portfolio, leaving 70.69% spread among other holdings and components. The two largest banks alone made up 16.44%. 

Historical risk statistics included alpha of 4.61, standard deviation of 3.93, beta of 0.98 and Sharpe ratio of 0.44. The beta indicates past sensitivity relative to the benchmark used for the calculation and is distinct from the fund's 0.20% movement on the requested valuation date. 

The disclosed exit-load schedule applied 0.25% to qualifying redemptions within 30 days and 0.10% for those made from day 31 through day 90, with no exit load thereafter. As a large-cap fund, the scheme's core mandate centres on larger listed companies under applicable market-cap classification rules. 

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