COMPARE
Motilal Oswal Large and Midcap Fund - Direct Plan Growth vs SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth
Motilal Oswal Large and Midcap Fund and SBI LARGE & MIDCAP FUND - are both in the Large & Mid Cap Fund category, from Motilal Oswal Asset Management Company Limited and SBI Funds Management Limited respectively. Motilal Oswal Large and Midcap Fund has posted a higher 3-year rolling CAGR. SBI LARGE & MIDCAP FUND - has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
SBI LARGE & MIDCAP FUND - has the lower direct-plan expense ratio, by 0.05 percentage points.
| Motilal Oswal Large and Midcap Fund - Direct Plan Growth | SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth | |
|---|---|---|
| Category | Large & Mid Cap Fund | Large & Mid Cap Fund |
| AMC | Motilal Oswal Asset Management Company Limited | SBI Funds Management Limited |
| Benchmark | NIFTY LargeMidcap 250 TRI | NIFTY LargeMidcap 250 TRI |
| NAV | ₹38.6516 (2026-10-28) | ₹655.8746 (2026-10-28) |
| AUM | ₹19,284.73 Cr | ₹39,840.54 Cr |
| Expense Ratio (Direct) | 0.91% | 0.86% |
| Inception | 2019-09-27 | 1993-01-01 |
Returns
Motilal Oswal Large and Midcap Fund leads on 3-year rolling CAGR (27.3% vs SBI LARGE & MIDCAP FUND -'s 17.9%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Motilal Oswal Large and Midcap Fund has been the more volatile of the two by standard deviation.
| Motilal Oswal Large and Midcap Fund - Direct Plan Growth | SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.54 | 0.24 |
| 3Y Alpha | 7.3544% | 0.8652% |
| 3Y Std Deviation | 19.5665% | 12.8314% |
| 3Y Calmar Ratio | 0.67 | 0.72 |
Portfolio Analytics
Motilal Oswal Large and Midcap 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.
| Motilal Oswal Large and Midcap Fund - Direct Plan Growth | SBI LARGE & MIDCAP FUND -DIRECT PLAN -Growth | |
|---|---|---|
| P/E Ratio | 36.0073 | 29.4125 |
| P/B Ratio | - | 4.4922 |
| Dividend Yield | 0.2302% | 1.0327% |
| Active Share | 89.27% | 72.06% |
| Portfolio Turnover | 12% | 57.99999999999999% |
| YTM | - | 5.3585% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Motilal Oswal Large and Midcap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Motilal Oswal Large and Midcap Fund or SBI LARGE & MIDCAP FUND -?
Motilal Oswal Large and Midcap Fund's 3-year rolling CAGR of 27.3% is higher than SBI LARGE & MIDCAP FUND -'s 17.9%. Motilal Oswal Large and Midcap Fund sits in the 100th percentile of its category on this metric, versus the 50th percentile for SBI LARGE & MIDCAP 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, Motilal Oswal Large and Midcap Fund or SBI LARGE & MIDCAP FUND -?
SBI LARGE & MIDCAP FUND -'s direct-plan expense ratio is 0.05 percentage points lower than Motilal Oswal Large and Midcap 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, Motilal Oswal Large and Midcap Fund or SBI LARGE & MIDCAP FUND -?
By standard deviation (a measure of how much a fund's returns swing around its own average), Motilal Oswal Large and Midcap Fund has been more volatile than SBI LARGE & MIDCAP 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 (0.54 for Motilal Oswal Large and Midcap Fund vs 0.24 for SBI LARGE & MIDCAP 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, Motilal Oswal Large and Midcap Fund or SBI LARGE & MIDCAP FUND -?
SBI LARGE & MIDCAP FUND - has ₹39,841 Cr in assets under management, versus ₹19,285 Cr for Motilal Oswal Large and Midcap 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, Motilal Oswal Large and Midcap Fund or SBI LARGE & MIDCAP FUND -?
SBI LARGE & MIDCAP FUND - launched on 1993-01-01, making it older than Motilal Oswal Large and Midcap Fund (launched 2019-09-27). 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.