SBI Large Cap Fund Direct Growth NAV at ₹97.00 on 23 October 2026; 3-Year CAGR at 8.01%

Key Takeaways:

• SBI Large Cap Fund Direct Growth recorded a NAV of ₹97.00 on 23 October 2026, declining 1.03% during the valuation day. 
• The scheme's historical returns stood at -7.97% over one year, 8.01% annualised over three years and 7.41% annualised over five years. 
• The fund managed ₹52,373 crore, with a Direct Growth expense ratio of 0.90%, a ₹500 minimum SIP and ₹5,000 minimum lump-sum investment. 
• ICICI Bank and HDFC Bank were the two largest disclosed holdings at 8.29% and 8.19%, respectively. 

SBI Large Cap Fund Direct Growth recorded a NAV of ₹97.00 on 23 October 2026, down 1.03% during the valuation day. The scheme's three-year CAGR stood at 8.01%. 

The displayed return history showed -7.97% over one year, 8.01% annualised over three years and 7.41% annualised over five years. The negative shorter-period return contrasts with positive annualised figures over the longer windows, reinforcing that the selected measurement period materially affects reported historical performance. 

The scheme had a reported fund size of ₹52,373 crore and a Direct Growth expense ratio of 0.90%. The minimum SIP stood at ₹500, while the minimum lump-sum investment was ₹5,000. 

Banking stocks occupied two of the largest disclosed positions. ICICI Bank accounted for 8.29%, narrowly ahead of HDFC Bank at 8.19%. Larsen & Toubro represented 5.31%, Kotak Mahindra Bank 4.60%, and Samvardhana Motherson 3.79%. Those five positions together represented approximately 30.18% of the portfolio snapshot. The scheme's disclosed risk metrics included an alpha of 4.75, standard deviation of 4.04, beta of 0.97 and Sharpe ratio of 0.27. 

As a large-cap strategy, the scheme focuses predominantly on India's larger listed companies. This typically produces a different risk profile from small- and mid-cap portfolios, although daily NAV declines can still occur when major index constituents and sector leaders weaken. 

The ₹97.00 figure is the exact primary-card NAV displayed for 23 October 2026. 

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