PGIM India Large and Midcap Fund vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Large and Midcap Fund is a Large & Mid Cap fund and SBI Retirement Benefit Fund - Aggressive Hybrid Plan is a Solution fund. In the year to 30-10-2026, PGIM India Large and Midcap Fund (Direct) returned −4.9% and SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) returned −2.7%. PGIM India Large and Midcap Fund charges 0.90% a year and SBI Retirement Benefit Fund - Aggressive Hybrid Plan 1.17% (Direct plans). Their portfolios overlap 30.6%: they hold 19 of the same securities.
PGIM India Large and Midcap Fund
Large & Mid Cap
- 1 year return
- −4.9%
- Expense ratio
- 0.90%
- NAV
- ₹12.52
SBI Retirement Benefit Fund - Aggressive Hybrid Plan
Solution
- 1 year return
- −2.7%
- Expense ratio
- 1.17%
- NAV
- ₹19.94
Which is better, PGIM India Large and Midcap or SBI Retirement Benefit Fund - Aggressive Hybrid Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Retirement Benefit Fund - Aggressive Hybrid Plan returned more over 1 year: −2.7% against −4.9%.
- PGIM India Large and Midcap costs less: 0.90% a year against 1.17% (Direct plans).
- SBI Retirement Benefit Fund - Aggressive Hybrid Plan fell less in its worst fall since 16-02-2024: −14.5% against −15.5%.
- PGIM India Large and Midcap holds more in large companies: 51.2% of the fund in large caps against 37.5%.
- SBI Retirement Benefit Fund - Aggressive Hybrid Plan is the larger fund: ₹1,587 Cr against ₹777 Cr.
- Their portfolios overlap 30.6%: 19 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | PGIM India Large and Midcap Fund | SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| Fund house | PGIM India Mutual Fund | SBI Mutual Fund |
| Category | Large & Mid Cap | Solution |
| AUM | ₹777 Cr (30-09-2026) | ₹1,587 Cr (30-09-2026) |
| NAV | ₹12.52 (Direct) | ₹19.94 (Direct) |
| Expense ratio (Direct) | 0.90% | 1.17% |
| Expense ratio (Regular) | 2.54% | 2.14% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | CRISIL Hybrid 35+65 - Aggressive Index |
| Launch date | 12-02-2024 | 10-02-2021 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Vinay Paharia, Anandha Padmanabhan Anjeneyan, Utsav Mehta, Puneet Pal | Ardhendu Bhattacharya, Rohit Shimpi |
| Exit load | Exit load of 0.5%, if redeemed within 90 days. | Nil |
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| PGIM India Large and Midcap Fund (Direct) | −1.34% | −5.22% | +0.56% | −4.94% | -- | -- | -- |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) | −1.75% | −3.42% | +0.34% | −2.71% | +8.90% | +9.64% | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | -- | -- | -- |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Year-wise Returns
| Year | PGIM India Large and MidcapPGIM India Large and Midcap | SBI Retirement Benefit Fund - Aggressive Hybrid PlanSBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| 2026to date | −3.25% | −2.95% |
| 2025 | +6.24% | +8.06% |
| 2024 | -- | +11.61% |
| 2023 | -- | +24.40% |
| 2022 | -- | +7.80% |
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of PGIM India Large and Midcap Fund
Rolling returns
Every 1-year holding period, 418 of them, one for each trading day from 17-02-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
PGIM India Large and Midcap Fund (Direct)
SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct)
NIFTY LargeMidcap 250 TRI
to
Apr 2025Jul 2024
to
Jul 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PGIM India Large and Midcap | 12.4 | 26.1 | 35.9 | 21.8 | 3.8 | 0.0 | 0.0 | 6.3% | 6.5% | −6.5% | 19.6% | 52% |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan | 13.2 | 40.8 | 40.6 | 5.2 | 0.2 | 0.0 | 0.0 | 4.4% | 4.2% | −5.1% | 15.8% | 42% |
| NIFTY LargeMidcap 250 TRI | 18.2 | 35.9 | 32.8 | 9.6 | 3.6 | 0.0 | 0.0 | 4.7% | 4.4% | −8.0% | 18.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY LargeMidcap 250 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 16-02-2024. Past returns do not promise future returns.
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 16-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| PGIM India Large and MidcapPGIM India Large and Midcap Fund (Direct) | ₹3,30,000 | ₹3,42,630 | ₹12,630 | 2.7% |
| SBI Retirement Benefit Fund - Aggressive Hybrid PlanSBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) | ₹3,30,000 | ₹3,39,979 | ₹9,979 | 2.1% |
PGIM India Large and MidcapPGIM India Large and Midcap Fund (Direct)
SBI Retirement Benefit Fund - Aggressive Hybrid PlanSBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Large and Midcap Fund (Direct) | SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) |
|---|---|---|
| Return (CAGR) | −4.94% | −2.71% |
| Standard deviation | 14.25% | 12.43% |
| Sharpe ratio | -0.71 | -0.64 |
| Sortino ratio | -0.96 | -0.87 |
| Maximum drawdown | −14.4% (30-03-2026) | −12.1% (23-03-2026) |
| Beta | 0.94 | -- |
| Alpha | +0.83% | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | PGIM India Large and Midcap Fund (Direct) | SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) |
|---|---|---|
| Return (CAGR) | +8.11% | +12.64% |
| Standard deviation | 13.89% | 10.67% |
| Sharpe ratio | 0.16 | 0.67 |
| Sortino ratio | 0.22 | 0.92 |
| Maximum drawdown | −15.5% (28-02-2025) | −14.5% (28-02-2025) |
| Beta | 0.89 | -- |
| Alpha | +2.98% | -- |
From daily NAVs, 16-02-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
PGIM India Large and Midcap Fund (Direct)
SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Large and Midcap Fund (Direct) | −15.5% | 23-09-2024 | 28-02-2025 | 25-06-2025 | 4 months | −7.6% |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) | −14.5% | 26-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −6.7% |
| NIFTY LargeMidcap 250 TRI | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 16-02-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Large and Midcap Fund (Direct)
SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| PGIM India Large and Midcap Fund (Direct) | 101% | 88% | 4.10% |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan (Direct) | 83% | 77% | 5.01% |
From month-end values since 16-02-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Large and Midcap Fund, September 2026; SBI Retirement Benefit Fund - Aggressive Hybrid Plan, September 2026
Holdings in common
- Overlap
- 30.6%
- Held by both
- 19
- Only in PGIM India Large and Midcap
- 58
- Only in SBI Retirement Benefit Fund - Aggressive Hybrid Plan
- 41
| Security | % of PGIM India Large and Midcap | % of SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| ICICI Bank Ltd. | 5.61% | 4.62% |
| HDFC Bank Ltd. | 4.50% | 5.00% |
| Larsen & Toubro Ltd. | 2.91% | 3.21% |
| State Bank of India | 2.27% | 2.89% |
| JSW Infrastructure Ltd. | 2.10% | 1.86% |
| Bajaj Finance Ltd. | 2.16% | 1.70% |
| Divi's Laboratories Ltd. | 1.67% | 1.69% |
| Anthem Biosciences Ltd. | 1.27% | 1.65% |
| Jubilant Foodworks Ltd. | 1.14% | 1.19% |
| Maruti Suzuki India Ltd. | 1.09% | 2.46% |
| TVS Motor Company Ltd. | 1.09% | 1.81% |
| FSN E-Commerce Ventures Ltd. | 1.05% | 1.29% |
| Lenskart Solutions Ltd. | 1.04% | 1.82% |
| InterGlobe Aviation Ltd. | 1.26% | 0.91% |
| Pidilite Industries Ltd. | 0.86% | 1.08% |
| Tech Mahindra Ltd. | 0.80% | 1.17% |
| Torrent Power Ltd. | 0.73% | 0.86% |
| Godrej Properties Ltd. | 0.99% | 0.72% |
| Schaeffler India Ltd. | 0.39% | 1.51% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 30.6% means 30.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in PGIM India Large and Midcap Fund
| Security | % of fund |
|---|---|
| Reliance Industries Ltd. | 3.43% |
| Bharti Airtel Ltd. | 2.57% |
| Eternal Ltd. | 2.38% |
| Tata Consultancy Services Ltd. | 2.02% |
| Solar Industries India Ltd. | 1.99% |
Largest holdings only in SBI Retirement Benefit Fund - Aggressive Hybrid Plan
| Security | % of fund |
|---|---|
| SBI Gold ETF | 9.26% |
| National Highways Infra Trust | 2.79% |
| Altius Telecom Infrastructure Trust | 2.73% |
| Cube Highways Trust | 2.54% |
| Ultratech Cement Ltd. | 2.31% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Large and Midcap | SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| Equity | 97.6% | 77.5% |
| Debt | 0.2% | 0.6% |
| Cash and others | 2.2% | 21.9% |
Market cap of stocks
| Market cap | PGIM India Large and Midcap | SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| Large Cap | 51.2% | 37.5% |
| Mid Cap | 39.4% | 19.3% |
| Small Cap | 3.5% | 19.4% |
| Not on AMFI's list | 3.5% | 1.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | PGIM India Large and Midcap | SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| Banks | 13.7% | 14.7% |
| Pharmaceuticals & Biotechnology | 8.0% | 5.8% |
| Finance | 6.5% | 3.5% |
| Retailing | 5.9% | 5.1% |
| Automobiles | 4.5% | 5.8% |
| Auto Components | 5.2% | 4.3% |
| IT - Software | 4.8% | 3.0% |
| Industrial Products | 1.8% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Large and Midcap vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Large and Midcap Fund | SBI Retirement Benefit Fund - Aggressive Hybrid Plan |
|---|---|---|
| Total expense ratio (Direct) | 0.90% | 1.17% |
| Base expense ratio (Direct) | 0.64% | 0.89% |
| Total expense ratio (Regular) | 2.54% | 2.14% |
| Base expense ratio (Regular) | 2.03% | 1.72% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare PGIM India Large and Midcap with
PGIM India Large and Midcap Fund vs SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Frequently Asked Questions
What is the difference between PGIM India Large and Midcap Fund and SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
PGIM India Large and Midcap Fund is a Large & Mid Cap fund, SBI Retirement Benefit Fund - Aggressive Hybrid Plan is a Solution fund, run by PGIM India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 30.6%. PGIM India Large and Midcap Fund charges 0.90% a year and SBI Retirement Benefit Fund - Aggressive Hybrid Plan 1.17%.
Which has given higher returns, PGIM India Large and Midcap Fund or SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
Over 1 year: PGIM India Large and Midcap Fund −4.94%, SBI Retirement Benefit Fund - Aggressive Hybrid Plan −2.71%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, PGIM India Large and Midcap Fund or SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
PGIM India Large and Midcap Fund charges less: 0.90% a year against 1.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Large and Midcap Fund and SBI Retirement Benefit Fund - Aggressive Hybrid Plan overlap?
30.6%. They hold 19 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, LT. From each fund's latest monthly portfolio.
Which is riskier, PGIM India Large and Midcap Fund or SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
On SEBI's riskometer, PGIM India Large and Midcap Fund is rated Very High and SBI Retirement Benefit Fund - Aggressive Hybrid Plan Very High. Over 1 years, the standard deviation of daily returns was 14.25% and 12.43% a year.
Can I invest in both PGIM India Large and Midcap Fund and SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
Yes. 30.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages PGIM India Large and Midcap Fund and SBI Retirement Benefit Fund - Aggressive Hybrid Plan?
PGIM India Large and Midcap Fund: Vinay Paharia, Anandha Padmanabhan Anjeneyan, Utsav Mehta, Puneet Pal. SBI Retirement Benefit Fund - Aggressive Hybrid Plan: Ardhendu Bhattacharya, Rohit Shimpi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.