Mirae Asset Large & Midcap Fund vs SBI LARGE & MIDCAP FUND
Mirae Asset Large & Midcap Fund and SBI LARGE & MIDCAP FUND are both Large & Mid Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +12.97% vs +13.61%, 5-year CAGR +10.23% vs +12.34%, volatility 16.29% vs 13.69%, maximum drawdown −36.87% vs −36.43%. Their portfolios overlap by 27.8% (23 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | SBI Mutual Fund |
| Compared as | Large & Mid Cap | Large & Mid Cap |
| NAV | ₹177.7420 | ₹696.2874 |
| NAV date | 6 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 2 Jan 2013 | 2 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹42,834 Cr | ₹40,499 Cr |
| Securities held | 84 | 90 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| 1 month | +5.23% | +2.94% |
| 3 months | −2.05% | −4.29% |
| 6 months | +2.51% | −0.46% |
| 1 year | +1.65% | +0.16% |
| 3 years (CAGR) | +12.97% | +13.61% |
| 5 years (CAGR) | +10.23% | +12.34% |
| 7 years (CAGR) | +16.89% | +16.95% |
| 10 years (CAGR) | +16.33% | +14.86% |
| Since launch (CAGR) | +20.09% | +16.01% |
| SIP return (XIRR, 5 years) ⓘ | +11.34% | +11.55% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| 2026 (year to date) | −0.43% | −1.72% |
| 2025 | +10.22% | +11.00% |
| 2024 | +16.65% | +19.12% |
| 2023 | +30.59% | +27.91% |
| 2022 | −0.47% | +8.13% |
| 2021 | +40.57% | +40.40% |
Risk
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.29% | 13.69% |
| Downside volatility ⓘ | 11.47% | 9.58% |
| Sharpe ratio ⓘ | 0.40 | 0.52 |
| Sortino ratio ⓘ | 0.56 | 0.75 |
| Maximum drawdown ⓘ | −36.87% | −36.43% |
| Recovery from that fall | 5 months | 8 months |
| Current fall from peak | −2.28% | −4.80% |
| Rolling 1-year return: worst | −27.40% | −28.76% |
| Rolling 1-year return: median | +16.71% | +13.73% |
| Rolling 1-year return: best | +111.01% | +88.75% |
| Share of 1-year periods with a loss | 12.43% | 10.83% |
Against each fund's benchmark
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Beta ⓘ | 1.00 | 0.83 |
| Alpha (Jensen's, annualised) ⓘ | −0.17% | +1.04% |
| R² ⓘ | 98.40 | 95.43 |
| Upside capture | 100.91% | 88.76% |
| Downside capture | 102.72% | 79.44% |
| Tracking error | 2.07% | 4.02% |
| Information ratio | -0.10 | 0.11 |
| Treynor ratio | 4.95 | 6.73 |
Portfolio
Asset mix
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Equity | 98.60% | 96.14% |
| Cash & equivalents | 1.20% | 2.83% |
| Mutual Fund Units | 0.19% | 0.00% |
| Foreign Securities | 0.00% | 0.77% |
| Debt | 0.00% | 0.26% |
Market-cap split (share of fund assets)
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Large Cap | 49.39% | 41.05% |
| Mid Cap | 37.21% | 35.49% |
| Small Cap | 11.27% | 19.57% |
| Unclassified | 0.75% | 0.03% |
Concentration
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Top 10 holdings | 32.93% | 30.07% |
| Effective number of stocks ⓘ | 48.8 | 51.9 |
| Securities held | 84 | 90 |
Portfolio overlap: 27.8%
23 companies are held by both funds; by weight, 27.8% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Mirae Asset Large & Midcap | SBI LARGE & MIDCAP |
|---|---|---|
| HDFC Bank Limited | 6.40% | 6.65% |
| ICICI Bank Limited | 3.93% | 3.79% |
| Axis Bank Limited | 3.46% | 3.33% |
| Divi's Laboratories Limited | 1.52% | 1.90% |
| Swiggy Limited | 1.46% | 2.35% |
| FSN E-Commerce Ventures Limited | 1.30% | 1.42% |
| Gland Pharma Limited | 1.15% | 2.28% |
| Kotak Mahindra Bank Limited | 1.10% | 1.33% |
| Bharat Forge Limited | 1.04% | 2.02% |
| Godrej Consumer Products Ltd. | 1.01% | 0.99% |
| Delhivery Limited | 1.99% | 0.93% |
| State Bank of India | 2.98% | 0.91% |
| Infosys Limited | 1.26% | 0.86% |
| Hero MotoCorp Limited | 2.06% | 0.65% |
| Tata Steel Ltd. | 1.04% | 0.63% |
Top 10 holdings
Mirae Asset Large & Midcap
- HDFC Bank Limited6.40%
- Laurus Labs Limited4.10%
- ICICI Bank Limited3.93%
- Axis Bank Limited3.46%
- State Bank of India2.98%
- Reliance Industries Limited2.92%
- Bharti Airtel Limited2.81%
- Steel Authority of India Limited2.25%
- Hero MotoCorp Limited2.05%
- SBI Life Insurance Company Limited2.03%
SBI LARGE & MIDCAP
- HDFC Bank Limited6.65%
- ICICI Bank Limited3.79%
- Axis Bank Limited3.33%
- Adani Enterprises Limited2.46%
- Balkrishna Industries Ltd.2.46%
- Swiggy Limited2.35%
- Asian Paints Limited2.28%
- Gland Pharma Limited2.28%
- Berger Paints (I) Limited2.25%
- Tata Motors Ltd2.22%
Sector exposure
| Mirae Asset Large & Midcap | SBI LARGE & MIDCAP | |
|---|---|---|
| Banks | 19.43% | 16.01% |
| Pharmaceuticals & Biotechnology | 9.89% | 12.91% |
| Auto Components | 2.91% | 9.18% |
| Consumer Durables | 3.62% | 6.88% |
| IT - Software | 3.84% | 4.89% |
| Automobiles | 4.85% | 0.90% |
| Transport Services | 4.57% | 0.93% |
| Telecom - Services | 4.49% | 1.30% |
| Retailing | 4.49% | 4.27% |
| Agricultural, Commercial & Construction Vehicles | 0.00% | 4.35% |
| Power | 2.03% | 4.31% |
| Cement & Cement Products | 1.82% | 4.18% |
| Personal Products | 1.01% | 3.41% |
| Petroleum Products | 3.38% | 0.00% |
Questions people ask
What is the difference between Mirae Asset Large & Midcap and SBI LARGE & MIDCAP returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +1.65% vs +0.16%; 3-year CAGR +12.97% vs +13.61%; 5-year CAGR +10.23% vs +12.34%; 10-year CAGR +16.33% vs +14.86%. Past returns do not indicate future returns.
How do Mirae Asset Large & Midcap and SBI LARGE & MIDCAP compare on risk?
Volatility (36 monthly returns, annualised) 16.29% vs 13.69%; Sharpe ratio 0.40 vs 0.52; Sortino ratio 0.56 vs 0.75; maximum drawdown −36.87% vs −36.43%; beta 1.00 vs 0.83.
How much do Mirae Asset Large & Midcap and SBI LARGE & MIDCAP overlap?
By weight, 27.8% of the two portfolios is invested in the same companies; 23 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Axis Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Mirae Asset Large & Midcap and SBI LARGE & MIDCAP?
Mirae Asset Large & Midcap: large cap 49.4%, mid cap 37.2%, small cap 11.3%. SBI LARGE & MIDCAP: large cap 41.1%, mid cap 35.5%, small cap 19.6% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Mirae Asset Large & Midcap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.