MOATNOMICS Audit the Asset. Protect the Allocator.
Home › Mutual Funds › SBI_LARGEMID_DIR
Large & Mid Cap Fund SEBI Risk: Very High AMC: SBI Mutual Fund

SBI Large & Midcap Fund - Direct Plan - Growth

Benchmark: NIFTY LargeMidcap 250 TRI • Manager: Saurabh Pant • Portfolio Date: 2026-09-30
Composite Health Score
Coverage Pending
64.7% / 70.0% Verified
Look-Through Forensic Audit pending underlying constituent coverage. Full holdings breakdown available below.
Under SEBI RA 2014 Sec. 2(u) non-advisory standards, we strictly require verified 7-pillar institutional research on ≥70% of equity holdings (currently 64.7%) before issuing quantitative composite scores or qualitative AI audit narratives.
View Holdings Breakdown ↓
⚠️ Fiduciary Surveillance Alerts Triggered (1)
  • Look-Through Forensic Audit pending underlying constituent coverage (64.7% verified vs 70.0% threshold). Composite Health Score & qualitative narrative paused.
🔒 Deep Dive

Look-Through Forensics & Audit Narrative

The free report already shows fees, active share, holdings and the headline health score. The Deep Dive opens up what sits underneath the portfolio.

  • Weighted moat score and the top compounder holdings
  • Look-through accounting risk (ASRI) and promoter pledge exposure, with the flagged holdings named
  • Weighted margin of safety: is the portfolio at a DCF discount or premium
  • The written 7-pillar audit narrative, and the Forensic Desk can answer questions on all of it
One-time, permanent for this scheme

01: Dual-Sleeve Constituent Decomposition

Equity holdings evaluated via Forensic Equity Engine; Debt/bonds evaluated via Credit & Solvency Engine.
Equity: 35.1% (Score: Pending) Debt: 0.0% (Score: 0.0) Cash / TREPS: 11.1%
Identifier Security Name Type Weight Sector / Rating Engine Score Diagnostic Notes
TREPS Repo Margin CASH_EQUIVALENT 11.1% CASH 100.0 Liquid Cash / Sovereign Collateral
ICICIBANK ↗ ICICI Bank Ltd EQUITY 5.8% Private Banks 82.0 Verified 7-Pillar Equity Dossier Available
HDFCBANK ↗ HDFC Bank Ltd EQUITY 5.2% Private Banks 82.0 Verified 7-Pillar Equity Dossier Available
RELIANCE ↗ Reliance Industries Ltd EQUITY 4.5% Energy & Petrochemicals 82.0 Verified 7-Pillar Equity Dossier Available
INFY ↗ Infosys Ltd EQUITY 4.1% IT Services 82.0 Verified 7-Pillar Equity Dossier Available
MAXHEALTH ↗ Max Healthcare Institute EQUITY 3.5% Healthcare Services 78.0 Solid Core Holding (Pending 7-Pillar Audit)
BHARATFORG ↗ Bharat Forge Ltd EQUITY 3.2% Auto Ancillary 76.0 Solid Core Holding (Pending 7-Pillar Audit)
TATACOMM ↗ Tata Communications Ltd EQUITY 3.1% Telecom Services 82.0 Verified 7-Pillar Equity Dossier Available
FEDERALBNK ↗ Federal Bank Ltd EQUITY 2.9% Banks 73.0 Solid Core Holding (Pending 7-Pillar Audit)
COFORGE ↗ Coforge Ltd EQUITY 2.8% IT Services 77.0 Solid Core Holding (Pending 7-Pillar Audit)

02: True Diversification & Active Share

Exposing Closet Indexing: Active Share AS = 0.5 × ∑|w_fund - w_bench|
Active Share Score
69.5%
TRUE_ACTIVE_ALPHA

High Active Share: Portfolio significantly deviates from the passive benchmark, justified active fee.

Top 10 Holdings Concentration: 46.2%

03 & 04: Risk-Adjusted Alpha & Downside Capture

Evaluating asymmetrical compounding: Downside Capture Ratio vs Upside Capture Ratio.
Sortino Ratio
1.9
Downside Risk Only
Downside Capture
68.0%
Benchmark: ≤ 75%
Capture Spread
+35.0%
UCR (103.0%) - DCR
Hurst Exponent (H)
0.62
Persistent Momentum
3-Year Rolling Return Consistency: 82.0% of windows

05: Intermediary Fee Drag & Wealth Destruction

Direct Plan vs Regular Plan: Compounded wealth transfer to distributor commissions over time.
Annual Distributor Commission Drag
84.0 bps / yr (1.68% - 0.84%)
Time Horizon Direct Plan Value (Net) Regular Plan Value (Net) Cumulative Wealth Lost Percentage Corpus Destroyed
5 Years ₹1,697,238 ₹1,634,072 -₹63,165 3.7%
10 Years ₹2,880,616 ₹2,670,192 -₹210,424 7.3%
15 Years ₹4,889,090 ₹4,363,287 -₹525,803 10.8%
20 Years ₹8,297,949 ₹7,129,927 -₹1,168,022 14.1%

💡 Fiduciary Takeaway: A ₹10.0 Lakh investment loses ₹210,424 over 10 years purely to distributor commissions in the Regular plan.

← Back to Mutual Funds Screener Check Overlap with Another Fund →
Forensic Desk ⌘K