SBI Large Cap Fund
The fund maintains a classic large-cap barbell, anchored heavily in financials and energy while diversifying into resilient sectors like IT and insurance. The six new additions suggest the manager is rotating toward power and metals plays, likely betting on infrastructure demand and commodity tailwinds, while trimming cyclical exposure through exits in aluminium and petroleum. This tactical reshuffling signals conviction in the domestic growth narrative rather than defensive positioning.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹90.7681 | -1.68% | -0.80% | +11.09% | +12.09% |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Adani Ports and Special Economic Zone Ltd. | 0.62% |
| Torrent Power Ltd. | 0.35% |
| Vedanta Aluminium Metal Ltd. | 0.24% |
| Vedanta Iron and Steel Ltd. | 0.24% |
| Talwandi Sabo Power Ltd. | 0.24% |
| Malco Energy Ltd. | 0.24% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 8.73% |
| 2 | ICICI Bank Ltd. INE090A01021 | 7.76% |
| 3 | Reliance Industries Ltd. INE002A01018 | 6.56% |
| 4 | Larsen & Toubro Ltd. INE018A01030 | 5.56% |
| 5 | Infosys Ltd. INE009A01021 | 3.94% |
| 6 | State Bank of India INE062A01020 | 3.82% |
| 7 | Asian Paints Ltd. INE021A01026 | 3.79% |
| 8 | Axis Bank Ltd. INE238A01034 | 3.26% |
| 9 | HDFC Life Insurance Company Ltd. INE795G01014 | 3.18% |
| 10 | Tata Motors Ltd. INE1TAE01010 | 2.91% |
| 11 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.80% |
| 12 | Avenue Supermarts Ltd. INE192R01011 | 2.64% |
| 13 | Samvardhana Motherson International Ltd. INE775A01035 | 2.61% |
| 14 | Bharti Airtel Ltd. INE397D01024 | 2.58% |
| 15 | Divi's Laboratories Ltd. INE361B01024 | 2.47% |
| 16 | Varun Beverages Ltd. INE200M01039 | 2.35% |
| 17 | Thermax Ltd. INE152A01029 | 2.21% |
| 18 | Page Industries Ltd. INE761H01022 | 2.18% |
| 19 | Shree Cement Ltd. INE070A01015 | 2.15% |
| 20 | TREPS | 1.95% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Large Cap Fund hold?
SBI Large Cap Fund holds 52 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 32.55% of NAV.
What is the largest holding in SBI Large Cap Fund?
The largest position in SBI Large Cap Fund is HDFC Bank Ltd., accounting for 8.73% of NAV in the Banks sector.
Is SBI Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.498, SBI Large Cap Fund is moderately concentrated. The HHI concentration index is 37,007 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 32.55% of the portfolio.
What is the market cap allocation of SBI Large Cap Fund?
Based on SEBI's AMFI classification, SBI Large Cap Fund's equity portfolio is split as: Large Cap: 78.28%, Mid Cap: 12.07%, Small Cap: 3.13%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Large Cap Fund invest in most?
SBI Large Cap Fund has the highest allocation to Banks (26.37%), Petroleum Products (6.56%), Pharmaceuticals & Biotechnology (6.22%). The fund is invested across 32 sectors in total.
How actively managed is SBI Large Cap Fund compared to other Large Cap Fund funds?
SBI Large Cap Fund has an Active Share of 45.44%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in SBI Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Large Cap Fund added 6 new stocks (including Adani Ports and Special Economic Zone Ltd.) and exited 2 stocks (including Hindalco Industries Ltd.). Total holding count increased from 50 to 54 stocks.