SBI Large Cap Fund is the largest equity mutual fund by assets from SBI Mutual Fund, the country’s biggest fund house with assets under management (AUM) of over Rs 12 lakh crore. The scheme manages total assets worth Rs 54,688 crore and is among the top 10 equity funds in India in terms of AUM. It has also delivered strong returns for investors, whether invested through a lump sum or via monthly SIPs.
The fund carries a 4-star rating on Value Research. Its NAV as of 17 November 2025 stands at Rs 94.89, while the expense ratio of the regular plan is 1.48%. Launched on 14 February 2006, the fund has been in operation for over 19 years. Its objective is to help investors grow wealth steadily over the long term.
The fund has a Sharpe ratio of 0.64, a standard deviation of 11.36%, and a beta of 0.9 — indicating that it manages risk reasonably well while delivering consistent returns.
SBI Large Cap Fund lump sum performance
SBI Large Cap Fund (Regular) was launched on 14 February 2006. Since then, it has delivered annualised returns of 12.06%. A lump sum investment of Rs 1 lakh at launch would have grown to Rs 9,45,990 today, generating an absolute return of around 846%.
Launch date: 14 February 2006
Returns since launch: 12.06% per year
One-time investment at launch: Rs 1,00,000
Value of that investment now: Rs 9,45,990
3-year return: 14.08% per year → Rs 1 lakh grows to Rs 1,48,540
5-year return: 19.03% per year → Rs 1 lakh grows to Rs 2,39,210
10-year return: 12.83% per year → Rs 1 lakh grows to Rs 3,34,750
15-year return: 12.68% per year → Rs 1 lakh grows to Rs 5,99,380
(Source: Fund’s fact sheet)
SBI Large Cap Fund SIP performance
The fund also has 19 years of SIP performance. Over this period, it has given 13.42% annualised returns on SIP investments. For instance, if an investor started with Rs 1 lakh and invested Rs 10,000 every month through SIP, the total value after 19 years would be Rs 1,06,14,519.
| Metric | Value |
| Annualized Return | 13.42% |
| Upfront Investment (Initial) | Rs 1,00,000 |
| Monthly SIP Amount | Rs 10,000 |
| Investment Duration | 19 Years |
| Total SIP Invested | Rs 23,80,000 |
| SIP Value after 19 years | Rs 1,06,14,519 |
How the fund invests
SBI Large Cap Fund primarily invests in large-cap companies — well-established businesses with strong brands and market leadership. The fund keeps at least 80% of its portfolio in large-cap stocks, while up to 20% can be allocated to other stocks, bonds, or safer money-market instruments.
The fund follows a balanced investment style, combining growth stocks (companies growing quickly) and value stocks (good businesses available at reasonable prices). It uses both top-down and bottom-up strategies, meaning it first analyses sectors and then selects individual companies that fit its investment framework.
Top 10 stock holdings of the SBI Large Cap Fund
| Stock | Allocation |
| Reliance Industries | 7.89% |
| HDFC Bank | 7.35% |
| ICICI Bank | 7.13% |
| L&T | 5.45% |
| Infosys | 3.96% |
| Eicher Motors | 3.95% |
| Asian Paints | 3.81% |
| Kotak Mahindra Bank | 3.54% |
| Divis Laboratories | 3.37% |
| Britannia Industries | 3.28% |
Top 10 sector allocations of the SBI Large Cap Fund
| Sector | Allocation |
| Financials | 30.57% |
| Oil & Gas | 8.85% |
| Automobiles | 8.54% |
| FMCG | 6.74% |
| Healthcare | 5.95% |
| IT | 5.65% |
| Construction | 5.49% |
| Consumer Services | 4.98% |
| Metals & Mining | 4.71% |
| Consumer Durables | 3.82% |
Note: Past returns of any equity fund do not guarantee future returns. The market has risks, and returns may vary in the future. It is always recommended to consult an expert before investing.
Note: This content has been translated using AI. It has also been reviewed by FE Editors for accuracy.