SBI Large & Midcap Fund
SBI Mutual Fund·Large & Mid Cap Fund·vs Nifty LargeMidcap 250 TRI
The fund maintains a pronounced banking tilt at 17.2% exposure, betting on financial sector strength alongside pharmaceuticals and consumer durables to drive returns. The manager's conviction in HDFC Bank's outperformance is evident from the 1.5 percentage point weight increase, while tactical exits from commodity and consumer staple positions suggest a pivot away from defensive plays. Cash levels of 5.8% provide flexibility, though the 36% top-10 concentration reflects a quality-over-breadth approach typical of large-cap biased strategies.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹678.5494 | +0.44% | — | — | — | — | — |
| Regular Growth | ₹621.2893 | +0.38% | -4.64% | -4.10% | +4.34% | +15.35% | +15.93% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
79
Top 5 Weight
20.17%
Top 10 Weight
32.46%
Active Share
—
Large Cap
38.93%
Gini
0.449
What Changed2026-03-31 → 2026-04-30
Holdings: 85 → 81+1 added−5 removed30 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Adani Ports and Special Economic Zone Ltd. | 0.86% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 7.63% |
| 2 | TREPS | 5.58% |
| 3 | Axis Bank Ltd. INE238A01034 | 3.33% |
| 4 | State Bank of India INE062A01020 | 3.20% |
| 5 | Bharat Forge Ltd. INE465A01025 | 3.18% |
| 6 | Reliance Industries Ltd. INE002A01018 | 2.83% |
| 7 | ICICI Bank Ltd. INE090A01021 | 2.73% |
| 8 | Berger Paints India Ltd. INE463A01038 | 2.46% |
| 9 | Asian Paints Ltd. INE021A01026 | 2.45% |
| 10 | Ashok Leyland Ltd. INE208A01029 | 2.36% |
| 11 | Torrent Power Ltd. INE813H01021 | 2.29% |
| 12 | Tata Motors Ltd. INE1TAE01010 | 2.28% |
| 13 | Colgate Palmolive (India) Ltd. INE259A01022 | 2.27% |
| 14 | Jindal Steel Ltd. INE749A01030 | 2.27% |
| 15 | Shree Cement Ltd. INE070A01015 | 2.11% |
| 16 | Alkem Laboratories Ltd. INE540L01014 | 2.08% |
| 17 | Abbott India Ltd. INE358A01014 | 2.04% |
| 18 | Aurobindo Pharma Ltd. INE406A01037 | 1.94% |
| 19 | ICICI Prudential Asset Management Company Ltd. INE346A01027 | 1.88% |
| 20 | Biocon Ltd. INE376G01013 | 1.87% |
Sector Allocation
Banks17.2%
Pharmaceuticals & Biotechnology12.2%
Consumer Durables7.5%
Auto Components7.5%
IT - Software5.8%
Agricultural, Commercial & Construction Vehicles4.6%
Personal Products4.3%
Ferrous Metals4.2%
Cement & Cement Products3.8%
Petroleum Products3.7%
Top 10 sectors by % to NAV. Excludes derivatives.