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Mirae Asset Large Cap Fund - Direct Plan - Growth vs SBI Large Cap FUND-DIRECT PLAN -GROWTH
Mirae Asset Large Cap Fund and SBI Large Cap FUND- are both in the Large Cap Fund category, from Mirae Asset Investment Managers (India) Pvt. Ltd and SBI Funds Management Limited respectively. Mirae Asset Large Cap Fund has posted a higher 3-year rolling CAGR. Mirae Asset Large Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Mirae Asset Large Cap Fund has the lower direct-plan expense ratio, by 0.13 percentage points.
| Mirae Asset Large Cap Fund - Direct Plan - Growth | SBI Large Cap FUND-DIRECT PLAN -GROWTH | |
|---|---|---|
| Category | Large Cap Fund | Large Cap Fund |
| AMC | Mirae Asset Investment Managers (India) Pvt. Ltd | SBI Funds Management Limited |
| Benchmark | Nifty 100 TRI | BSE 100 TRI |
| NAV | ₹120.025 (2026-10-28) | ₹98.3814 (2026-10-28) |
| AUM | ₹35,135.215 Cr | ₹51,623.695 Cr |
| Expense Ratio (Direct) | 0.77% | 0.9% |
| Inception | 2008-02-11 | 2005-12-23 |
Returns
Mirae Asset Large Cap Fund leads on 3-year rolling CAGR (15.5% vs SBI Large Cap FUND-'s 15.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Mirae Asset Large Cap Fund has been the more volatile of the two by standard deviation.
| Mirae Asset Large Cap Fund - Direct Plan - Growth | SBI Large Cap FUND-DIRECT PLAN -GROWTH | |
|---|---|---|
| 3Y Sharpe Ratio | -0.01 | 0.00 |
| 3Y Alpha | 0.2575% | -0.7316% |
| 3Y Std Deviation | 12.8456% | 12.2302% |
| 3Y Calmar Ratio | 0.43 | 0.46 |
Portfolio Analytics
SBI Large Cap FUND- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Mirae Asset Large Cap Fund - Direct Plan - Growth | SBI Large Cap FUND-DIRECT PLAN -GROWTH | |
|---|---|---|
| P/E Ratio | 23.4336 | 25.9201 |
| P/B Ratio | 6.656 | 7.4555 |
| Dividend Yield | 1.2978% | 1.0389% |
| Active Share | 33.05% | 49.39% |
| Portfolio Turnover | - | 10% |
| YTM | - | 5.3196% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Mirae Asset Large Cap Fund and SBI Large Cap FUND- carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Mirae Asset Large Cap Fund or SBI Large Cap FUND-?
Mirae Asset Large Cap Fund's 3-year rolling CAGR of 15.5% is higher than SBI Large Cap FUND-'s 15.0%. Mirae Asset Large Cap Fund sits in the 67th percentile of its category on this metric, versus the 57th percentile for SBI Large Cap FUND- - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Mirae Asset Large Cap Fund or SBI Large Cap FUND-?
Mirae Asset Large Cap Fund's direct-plan expense ratio is 0.13 percentage points lower than SBI Large Cap FUND-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Mirae Asset Large Cap Fund or SBI Large Cap FUND-?
By standard deviation (a measure of how much a fund's returns swing around its own average), Mirae Asset Large Cap Fund has been more volatile than SBI Large Cap FUND- over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (-0.01 for Mirae Asset Large Cap Fund vs 0.00 for SBI Large Cap FUND-) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Mirae Asset Large Cap Fund or SBI Large Cap FUND-?
SBI Large Cap FUND- has ₹51,624 Cr in assets under management, versus ₹35,135 Cr for Mirae Asset Large Cap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Mirae Asset Large Cap Fund or SBI Large Cap FUND-?
SBI Large Cap FUND- launched on 2005-12-23, making it older than Mirae Asset Large Cap Fund (launched 2008-02-11). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.