PGIM India Large Cap Fund vs SBI ESG Exclusionary Strategy Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Large Cap Fund is a Large Cap fund and SBI ESG Exclusionary Strategy Fund is a Thematic fund. In the 3 years to 30-10-2026, PGIM India Large Cap Fund (Direct) returned 8.0% a year and SBI ESG Exclusionary Strategy Fund (Direct) returned 9.0% a year. PGIM India Large Cap Fund charges 1.09% a year and SBI ESG Exclusionary Strategy Fund 1.47% (Direct plans). Their portfolios overlap 42.7%: they hold 14 of the same securities.
PGIM India Large Cap Fund
Large Cap
- 3 year return
- 8.0%
- Expense ratio
- 1.09%
- NAV
- ₹386.29
SBI ESG Exclusionary Strategy Fund
Thematic
- 3 year return
- 9.0%
- Expense ratio
- 1.47%
- NAV
- ₹251.86
Which is better, PGIM India Large Cap or SBI ESG Exclusionary Strategy? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI ESG Exclusionary Strategy returned more over 5 years: 6.9% a year against 6.7%.
- SBI ESG Exclusionary Strategy returned more over 3 years: 9.0% a year against 8.0%.
- PGIM India Large Cap costs less: 1.09% a year against 1.47% (Direct plans).
- PGIM India Large Cap swung less over 3 years: a standard deviation of 12.9% a year against 13.2%.
- SBI ESG Exclusionary Strategy fell less in its worst fall since 08-03-2016: −36.7% against −37.4%.
- PGIM India Large Cap holds more in large companies: 86.6% of the fund in large caps against 65.7%.
- SBI ESG Exclusionary Strategy is the larger fund: ₹4,984 Cr against ₹502 Cr.
- Their portfolios overlap 42.7%: 14 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 Cap Fund | SBI ESG Exclusionary Strategy Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | SBI Mutual Fund |
| Category | Large Cap | Thematic |
| AUM | ₹502 Cr (30-09-2026) | ₹4,984 Cr (30-09-2026) |
| NAV | ₹386.29 (Direct) | ₹251.86 (Direct) |
| Expense ratio (Direct) | 1.09% | 1.47% |
| Expense ratio (Regular) | 2.62% | 2.02% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 100 TRI | Nifty 100 ESG TRI |
| Launch date | 30-01-2003 | 01-01-1991 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, and Mr. Akhil Dhar | Rohit Shimpi |
| Exit load | Exit load of 0.5%, if redeemed within 90 days. | Exit load of 1% if redeemed within 1 year |
PGIM India Large Cap vs SBI ESG Exclusionary Strategy: 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 Cap Fund (Direct) | +1.19% | −4.29% | −0.57% | −7.56% | +8.01% | +6.73% | +10.68% |
| SBI ESG Exclusionary Strategy Fund (Direct) | +0.78% | −5.24% | −0.94% | −6.69% | +8.99% | +6.93% | +11.32% |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 35 Large Cap funds and the 235 Thematic funds, same plan type.
PGIM India Large Cap vs SBI ESG Exclusionary Strategy: Year-wise Returns
| Year | PGIM India Large CapPGIM India Large Cap | SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy |
|---|---|---|
| 2026to date | −7.49% | −6.96% |
| 2025 | +8.99% | +8.06% |
| 2024 | +11.08% | +12.84% |
| 2023 | +21.49% | +25.44% |
| 2022 | +2.99% | −1.68% |
| 2021 | +22.81% | +31.35% |
PGIM India Large Cap vs SBI ESG Exclusionary Strategy: Rolling Returns
Every holding period of both funds, against Nifty 100 TRI, the benchmark of PGIM India Large Cap Fund
Rolling returns
Every 3-year holding period, 1,884 of them, one for each trading day from 08-03-2019 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 Cap Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty 100 TRI
to
Oct 2019Feb 2018
to
Feb 2021May 2019
to
May 2022Sept 2020
to
Sept 2023Dec 2021
to
Dec 2024Mar 2023
to
Mar 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 Cap | 2.0 | 6.5 | 15.4 | 52.4 | 17.3 | 6.1 | 0.4 | 12.7% | 13.1% | −5.6% | 29.9% | 10% |
| SBI ESG Exclusionary Strategy | 1.1 | 4.2 | 10.3 | 43.8 | 29.8 | 9.3 | 1.4 | 14.1% | 14.3% | −4.0% | 29.7% | 50% |
| Nifty 100 TRI | 1.3 | 5.3 | 9.4 | 40.4 | 34.9 | 6.8 | 1.9 | 14.0% | 14.4% | −5.0% | 31.4% | -- |
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 100 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 08-03-2016. Past returns do not promise future returns.
PGIM India Large Cap vs SBI ESG Exclusionary Strategy: 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 08-03-2016 to 30-10-2026: 128 instalments, ₹12,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| PGIM India Large CapPGIM India Large Cap Fund (Direct) | ₹12,80,000 | ₹22,34,046 | ₹9,54,046 | 10.0% |
| SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy Fund (Direct) | ₹12,80,000 | ₹23,77,808 | ₹10,97,808 | 11.1% |
PGIM India Large CapPGIM India Large Cap Fund (Direct)
SBI ESG Exclusionary StrategySBI ESG Exclusionary Strategy Fund (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 Cap vs SBI ESG Exclusionary Strategy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | PGIM India Large Cap Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.56% | −6.69% |
| Standard deviation | 13.69% | 14.63% |
| Sharpe ratio | -0.94 | -0.82 |
| Sortino ratio | -1.25 | -1.10 |
| Maximum drawdown | −15.1% (31-03-2026) | −15.5% (31-03-2026) |
| Beta | 0.98 | 0.99 |
| Alpha | +0.79% | −1.05% |
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 Cap Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.01% | +8.99% |
| Standard deviation | 12.90% | 13.24% |
| Sharpe ratio | 0.15 | 0.22 |
| Sortino ratio | 0.21 | 0.31 |
| Maximum drawdown | −17.0% (28-02-2025) | −16.0% (07-04-2025) |
| Beta | 0.93 | 0.92 |
| Alpha | −0.85% | −1.20% |
From daily NAVs, 30-10-2023 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 Cap Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.73% | +6.93% |
| Standard deviation | 13.21% | 13.64% |
| Sharpe ratio | 0.07 | 0.08 |
| Sortino ratio | 0.10 | 0.11 |
| Maximum drawdown | −17.9% (20-06-2022) | −19.5% (17-06-2022) |
| Beta | 0.93 | 0.93 |
| Alpha | −0.38% | −0.09% |
From daily NAVs, 29-10-2021 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 Cap Fund (Direct) | SBI ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.56% | +12.66% |
| Standard deviation | 15.17% | 15.48% |
| Sharpe ratio | 0.40 | 0.43 |
| Sortino ratio | 0.55 | 0.59 |
| Maximum drawdown | −37.4% (23-03-2020) | −36.7% (23-03-2020) |
| Beta | 0.94 | -- |
| Alpha | −0.80% | -- |
From daily NAVs, 08-03-2016 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 Cap Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| PGIM India Large Cap Fund (Direct) | −37.4% | 17-01-2020 | 23-03-2020 | 09-11-2020 | 8 months | −8.4% |
| SBI ESG Exclusionary Strategy Fund (Direct) | −36.7% | 16-01-2020 | 23-03-2020 | 10-11-2020 | 8 months | −8.1% |
| Nifty 100 TRI | −37.9% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −10.1% |
From daily values since 08-03-2016, 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 Cap Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Large Cap Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty 100 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
PGIM India Large Cap Fund (Direct)
SBI ESG Exclusionary Strategy Fund (Direct)
Nifty 100 TRI
Against Nifty 100 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| PGIM India Large Cap Fund (Direct) | 91% | 92% | 3.02% |
| SBI ESG Exclusionary Strategy Fund (Direct) | 96% | 95% | 3.57% |
From month-end values since 08-03-2016. 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 Cap vs SBI ESG Exclusionary Strategy: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Large Cap Fund, September 2026; SBI ESG Exclusionary Strategy Fund, September 2026
Holdings in common
- Overlap
- 42.7%
- Held by both
- 14
- Only in PGIM India Large Cap
- 42
- Only in SBI ESG Exclusionary Strategy
- 31
| Security | % of PGIM India Large Cap | % of SBI ESG Exclusionary Strategy |
|---|---|---|
| ICICI Bank Ltd. | 8.13% | 8.50% |
| HDFC Bank Ltd. | 8.45% | 7.66% |
| Larsen & Toubro Ltd. | 4.07% | 4.19% |
| State Bank of India | 4.12% | 3.85% |
| Kotak Mahindra Bank Ltd. | 3.12% | 4.32% |
| Bajaj Finance Ltd. | 2.55% | 4.04% |
| Tech Mahindra Ltd. | 2.33% | 3.23% |
| TVS Motor Company Ltd. | 2.28% | 3.20% |
| Ultratech Cement Ltd. | 2.03% | 2.79% |
| Divi's Laboratories Ltd. | 1.83% | 2.42% |
| JSW Steel Ltd. | 1.64% | 3.09% |
| Mankind Pharma Ltd. | 1.36% | 1.26% |
| Asian Paints Ltd. | 1.13% | 2.89% |
| Maruti Suzuki India Ltd. | 0.79% | 3.70% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.7% means 42.7% 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 Cap Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 5.01% |
| Reliance Industries Ltd. | 4.09% |
| Eternal Ltd. | 3.31% |
| Titan Company Ltd. | 2.76% |
| Axis Bank Ltd. | 2.29% |
Largest holdings only in SBI ESG Exclusionary Strategy Fund
| Security | % of fund |
|---|---|
| Lenskart Solutions Ltd. | 2.31% |
| LTM Ltd. | 2.19% |
| Siemens Ltd. | 2.18% |
| Hyundai Motor India Ltd. | 2.08% |
| Pidilite Industries Ltd. | 2.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Large Cap | SBI ESG Exclusionary Strategy |
|---|---|---|
| Equity | 97.6% | 98.8% |
| Debt | 0.1% | 0.1% |
| Cash and others | 2.3% | 1.1% |
Market cap of stocks
| Market cap | PGIM India Large Cap | SBI ESG Exclusionary Strategy |
|---|---|---|
| Large Cap | 86.6% | 65.7% |
| Mid Cap | 9.3% | 20.3% |
| Small Cap | 0.0% | 12.8% |
| Not on AMFI's list | 1.6% | 0.0% |
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 Cap | SBI ESG Exclusionary Strategy |
|---|---|---|
| Banks | 26.1% | 24.3% |
| Automobiles | 6.2% | 9.0% |
| IT - Software | 6.2% | 6.5% |
| Pharmaceuticals & Biotechnology | 5.6% | 4.7% |
| Electrical Equipment | 1.3% | 5.4% |
| Finance | 5.1% | 4.0% |
| Telecom - Services | 5.0% | 0.0% |
| Consumer Durables | 4.9% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
PGIM India Large Cap vs SBI ESG Exclusionary Strategy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Large Cap Fund | SBI ESG Exclusionary Strategy Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.09% | 1.47% |
| Base expense ratio (Direct) | 0.80% | 1.13% |
| Total expense ratio (Regular) | 2.62% | 2.02% |
| Base expense ratio (Regular) | 2.10% | 1.60% |
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 Cap with
Compare SBI ESG Exclusionary Strategy with
PGIM India Large Cap Fund vs SBI ESG Exclusionary Strategy Fund: Frequently Asked Questions
What is the difference between PGIM India Large Cap Fund and SBI ESG Exclusionary Strategy Fund?
PGIM India Large Cap Fund is a Large Cap fund, SBI ESG Exclusionary Strategy Fund is a Thematic fund, run by PGIM India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 42.7%. PGIM India Large Cap Fund charges 1.09% a year and SBI ESG Exclusionary Strategy Fund 1.47%.
Which has given higher returns, PGIM India Large Cap Fund or SBI ESG Exclusionary Strategy Fund?
Over 1 year: PGIM India Large Cap Fund −7.56%, SBI ESG Exclusionary Strategy Fund −6.69%. Over 3 years: PGIM India Large Cap Fund +8.01% a year, SBI ESG Exclusionary Strategy Fund +8.99% a year. Over 5 years: PGIM India Large Cap Fund +6.73% a year, SBI ESG Exclusionary Strategy Fund +6.93% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, PGIM India Large Cap Fund or SBI ESG Exclusionary Strategy Fund?
PGIM India Large Cap Fund charges less: 1.09% a year against 1.47%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Large Cap Fund and SBI ESG Exclusionary Strategy Fund overlap?
42.7%. They hold 14 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 Cap Fund or SBI ESG Exclusionary Strategy Fund?
On SEBI's riskometer, PGIM India Large Cap Fund is rated Very High and SBI ESG Exclusionary Strategy Fund Very High. Over 3 years, the standard deviation of daily returns was 12.90% and 13.24% a year.
Which is better for SIP, PGIM India Large Cap Fund or SBI ESG Exclusionary Strategy Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,11,250 in PGIM India Large Cap Fund (XIRR 6.0% a year) and ₹7,19,259 in SBI ESG Exclusionary Strategy Fund (XIRR 6.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both PGIM India Large Cap Fund and SBI ESG Exclusionary Strategy Fund?
Yes. 42.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages PGIM India Large Cap Fund and SBI ESG Exclusionary Strategy Fund?
PGIM India Large Cap Fund: Anandha Padmanabhan Anjeneyan, Vivek Sharma, Vinay Paharia, and Mr. Akhil Dhar. SBI ESG Exclusionary Strategy Fund: 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.