Sbi Large And Midcap Fund Direct Growth

SBI Large and Midcap Fund Direct Growth is a mutual fund that aims to provide investors with the opportunity to invest in a diversified portfolio of both large-cap and mid-cap stocks. This article will explore the features, benefits, and performance of this fund, offering valuable insights for potential investors looking to make informed decisions about their investment options.

NAV of SBI Large and Midcap Fund Direct Growth: What is it?

The SBI Large & Midcap Fund Direct Plan-Growth has assets under management (AUM) worth ₹20,007.77 Crores. The most recent net asset value (NAV) declared for this fund is ₹554.618 as of [date].

List:

– Name: SBI Large & Midcap Fund Direct Plan-Growth

– AUM: ₹20,007.77 Crores

– Latest NAV: ₹554.618

Frequently Asked Questions

Equity funds are investment schemes that primarily focus on investing in shares of companies with varying market capitalization.

Understanding Large Cap, Mid Cap, Small Cap, and Multi Cap Equity Funds

SEBI classifies listed companies according to their market capitalization. Large-cap funds focus on investing in the top 100 companies, while mid-cap funds target those ranked between 101 and 250. Small-cap funds, on the other hand, invest in companies ranked from 251st onwards. Multi-cap funds have a more diversified approach by investing in small cap, mid cap, and large cap companies.

You might be interested:  SBI Pension Fund Scheme E Tier I: Ensuring a Secure Retirement Future
Understanding ELSS Funds

ELSS funds are mutual funds that offer tax benefits and primarily invest in equity schemes. These funds have a mandatory lock-in period of 3 years.

Understanding Bluechip Funds

Bluechip funds are investment funds that focus on purchasing stocks of established companies that have a proven track record of financial success over an extended period.

What is a lock-in period?

The lock-in period refers to the duration during which your investment in a mutual fund cannot be withdrawn. While many mutual funds do not have any lock-in period, tax-saving funds like ELSS typically have a lock-in period of 3 years, which is the shortest compared to other options eligible for tax deduction under section 80C. The lock-in period starts from the date of investment and may vary for investments made through SIPs.

Is KYC mandatory for BLACK?

All fund houses require KYC documentation. If you choose to invest through BLACK, you only need to complete your KYC process once. This same KYC will be applicable for any future investments as well.

Understanding the Mandate (Auto-SIP) Concept

A Mandate is a single registration that allows your bank account to automatically deduct a specific amount of money daily for investing in a SIP portfolio. Once you have registered for Mandate, there is no need to go through the payment process every time you want to invest in the SIP.

SBI large and midcap fund direct growth: What is the exit load?

Exit Load: SBI Large & Midcap Fund – Direct Plan will incur a charge known as an Exit Load, which amounts to 0.10% of the redeemed amount if it is withdrawn within a period of 30 days.

You might be interested:  Final result of SBI PO 2023

An exit load refers to a fee that investors have to pay when they redeem their investments from a mutual fund scheme within a specified time frame. In the case of SBI Large & Midcap Fund – Direct Plan, this exit load stands at 0.10%. This means that if an investor decides to withdraw their investment within 30 days of making it, they will be charged with an additional fee equivalent to 0.10% of the redeemed amount.

The purpose behind imposing an exit load is primarily twofold. Firstly, it acts as a deterrent for short-term trading or frequent buying and selling activities by investors in order to promote long-term investing behavior. By charging this fee, mutual funds discourage investors from constantly churning their portfolios and encourage them to stay invested for longer periods.

Therefore, before deciding on redeeming your investment in SBI Large & Midcap Fund – Direct Plan within 30 days after making it, you should carefully consider whether paying the imposed exit load aligns with your financial goals and investment strategy. It may be more beneficial for long-term growth objectives to remain invested beyond this initial period and avoid incurring any additional charges associated with early withdrawal.

What is the 5-year return of SBI Mutual Fund?

Fund Performance: Over the last 3 years, SBI Large and Midcap Fund Direct Growth has delivered an annualized return of approximately 27.8%, while over the past 5 years, it has generated a return of around 23.23%. This fund falls under the Equity category of SBI Mutual Funds.

Minimum Investment Amount: To invest in SBI Large and Midcap Fund Direct Growth through a lump sum investment, one needs to contribute at least ₹500. For those opting for Systematic Investment Plan (SIP), the minimum amount required is also ₹500.

You might be interested:  SBI Gold Locker Charges

The performance of this fund has been quite impressive with consistent returns over both short-term and long-term periods. Investors who have held their investments for three or five years have seen significant growth in their capital.

SBI Large and Midcap Fund Direct Growth aims to provide investors with exposure to both large-cap and mid-cap stocks, offering them diversification benefits across different market segments. By investing in companies from these two categories, the fund manager seeks to strike a balance between stability (through large-caps) and growth potential (through mid-caps).

Investors looking for long-term wealth creation opportunities may find this fund suitable as it combines elements of stability from established companies along with potential high-growth prospects from emerging ones. However, it is important for investors to carefully assess their risk appetite before making any investment decisions.

Is the SBI midcap fund a good choice?

It is worth noting that as the investment horizon increases from three to nine years, there is a gradual decline in both average returns and standard deviation values associated with these returns figures (indicating lower volatility). This suggests that while long-term investors may still benefit from investing in this fund due to relatively stable returns compared to shorter durations or other investment options available in India’s market.

The 5-year performance of SBI mid cap fund

Returns:

– Trailing returns over different time periods for SBI Large and Midcap Fund Direct Growth are as follows:

– 1-year: 38.02%

– 3-year: 23.68%

– 5-year: 24.42%

– Since launch: 17.18%

Category returns for the same time duration are:

– For a period of one year: 49.62%

– For a period of three years:24.53%

– For a period of five years:23.87%