SBI Dividend Yield Fund vs SBI Large Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Dividend Yield Fund is a Dividend Yield fund and SBI Large Cap Fund is a Large Cap fund. In the 3 years to 30-10-2026, SBI Dividend Yield Fund (Direct) returned 10.7% a year and SBI Large Cap Fund (Direct) returned 9.3% a year. SBI Dividend Yield Fund charges 1.12% a year and SBI Large Cap Fund 0.89% (Direct plans). Their portfolios overlap 31.5%: they hold 23 of the same securities.
SBI Dividend Yield Fund
Dividend Yield
- 3 year return
- 10.7%
- Expense ratio
- 1.12%
- NAV
- ₹15.46
Which is better, SBI Dividend Yield or SBI Large Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Dividend Yield returned more over 3 years: 10.7% a year against 9.3%.
- SBI Dividend Yield returned more over 1 year: −2.7% against −5.8%.
- SBI Large Cap costs less: 0.89% a year against 1.12% (Direct plans).
- SBI Dividend Yield swung less over 3 years: a standard deviation of 12.4% a year against 12.6%.
- SBI Large Cap fell less in its worst fall since 17-03-2023: −15.4% against −17.9%.
- SBI Large Cap holds more in large companies: 83.5% of the fund in large caps against 52.5%.
- SBI Large Cap is the larger fund: ₹52,373 Cr against ₹8,059 Cr.
- Their portfolios overlap 31.5%: 23 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 | SBI Dividend Yield Fund | SBI Large Cap Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | SBI Mutual Fund |
| Category | Dividend Yield | Large Cap |
| AUM | ₹8,059 Cr (30-09-2026) | ₹52,373 Cr (30-09-2026) |
| NAV | ₹15.46 (Direct) | ₹99.56 (Direct) |
| Expense ratio (Direct) | 1.12% | 0.89% |
| Expense ratio (Regular) | 2.05% | 1.51% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 TRI | Not available |
| Launch date | 14-03-2023 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Rohit Shimpi | Not available |
| Exit load | Exit load of 1%, if redeemed within 30 days. | Not available |
SBI Dividend Yield vs SBI Large Cap: 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 |
|---|---|---|---|---|---|---|---|
| SBI Dividend Yield Fund (Direct) | −1.20% | −5.18% | +0.35% | −2.68% | +10.74% | -- | -- |
| SBI Large Cap Fund (Direct) | +0.01% | −5.00% | −1.97% | −5.75% | +9.25% | +8.31% | +11.54% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | -- | -- |
| Large Cap average | +0.62% | −4.36% | −1.05% | −6.33% | +10.38% | +8.23% | +11.81% |
Category average: the average of the 12 Dividend Yield funds and the 35 Large Cap funds, same plan type.
SBI Dividend Yield vs SBI Large Cap: Year-wise Returns
| Year | Dividend YieldSBI Dividend Yield | Large CapSBI Large Cap |
|---|---|---|
| 2026to date | −3.86% | −6.95% |
| 2025 | +7.04% | +10.49% |
| 2024 | +15.75% | +13.24% |
| 2023 | -- | +23.50% |
| 2022 | -- | +5.11% |
| 2021 | -- | +27.04% |
SBI Dividend Yield vs SBI Large Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of SBI Dividend Yield Fund
Rolling returns
Every 3-year holding period, 154 of them, one for each trading day from 17-03-2026 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.
SBI Dividend Yield Fund (Direct)
SBI Large Cap Fund (Direct)
Nifty 500 TRI
to
Apr 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Dividend Yield | 0.0 | 0.0 | 8.4 | 88.3 | 3.2 | 0.0 | 0.0 | 12.6% | 12.9% | 9.0% | 15.8% | 41% |
| SBI Large Cap | 0.0 | 0.0 | 26.0 | 74.0 | 0.0 | 0.0 | 0.0 | 11.0% | 11.2% | 7.5% | 14.8% | 0% |
| Nifty 500 TRI | 0.0 | 0.0 | 12.3 | 71.4 | 16.2 | 0.0 | 0.0 | 12.9% | 13.1% | 8.8% | 16.9% | -- |
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 500 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 17-03-2023. Past returns do not promise future returns.
SBI Dividend Yield vs SBI Large Cap: 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 17-03-2023 to 30-10-2026: 44 instalments, ₹4,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Dividend YieldSBI Dividend Yield Fund (Direct) | ₹4,40,000 | ₹4,88,022 | ₹48,022 | 5.6% |
| SBI Large CapSBI Large Cap Fund (Direct) | ₹4,40,000 | ₹4,78,789 | ₹38,789 | 4.6% |
SBI Dividend YieldSBI Dividend Yield Fund (Direct)
SBI Large CapSBI Large Cap 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.
SBI Dividend Yield vs SBI Large Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Dividend Yield Fund (Direct) | SBI Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.68% | −5.75% |
| Standard deviation | 12.28% | 13.89% |
| Sharpe ratio | -0.64 | -0.79 |
| Sortino ratio | -0.86 | -1.07 |
| Maximum drawdown | −12.6% (23-03-2026) | −13.8% (31-03-2026) |
| Beta | 0.82 | 0.98 |
| Alpha | +2.39% | +2.87% |
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 | SBI Dividend Yield Fund (Direct) | SBI Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.74% | +9.25% |
| Standard deviation | 12.44% | 12.56% |
| Sharpe ratio | 0.38 | 0.26 |
| Sortino ratio | 0.52 | 0.36 |
| Maximum drawdown | −17.9% (07-04-2025) | −15.4% (28-02-2025) |
| Beta | 0.84 | 0.90 |
| Alpha | +1.20% | +0.57% |
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 | SBI Dividend Yield Fund (Direct) | SBI Large Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.65% | +13.72% |
| Standard deviation | 11.77% | 15.08% |
| Sharpe ratio | 0.55 | 0.51 |
| Sortino ratio | 0.76 | 0.69 |
| Maximum drawdown | −17.9% (07-04-2025) | −37.1% (23-03-2020) |
| Beta | 0.84 | 0.93 |
| Alpha | +0.47% | +2.07% |
From daily NAVs, 17-03-2023 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.
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.
SBI Dividend Yield Fund (Direct)
SBI Large Cap Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| SBI Dividend Yield Fund (Direct) | −17.9% | 26-09-2024 | 07-04-2025 | 05-08-2026 | 16 months | −6.6% |
| SBI Large Cap Fund (Direct) | −15.4% | 26-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −8.0% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 17-03-2023, 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.
SBI Dividend Yield Fund (Direct)
SBI Large Cap Fund (Direct)
Nifty 500 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.
SBI Dividend Yield Fund (Direct)
SBI Large Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| SBI Dividend Yield Fund (Direct) | 91% | 88% | 4.16% |
| SBI Large Cap Fund (Direct) | 86% | 85% | 3.82% |
From month-end values since 17-03-2023. 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.
SBI Dividend Yield vs SBI Large Cap: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Dividend Yield Fund, September 2026; SBI Large Cap Fund, September 2026
Holdings in common
- Overlap
- 31.5%
- Held by both
- 23
- Only in SBI Dividend Yield
- 36
- Only in SBI Large Cap
- 33
| Security | % of SBI Dividend Yield | % of SBI Large Cap |
|---|---|---|
| ICICI Bank Ltd. | 4.76% | 8.29% |
| Larsen & Toubro Ltd. | 3.88% | 5.31% |
| Kotak Mahindra Bank Ltd. | 3.42% | 4.60% |
| Cholamandalam Investment & Finance Co. Ltd. | 2.29% | 2.04% |
| Sun Pharmaceutical Industries Ltd. | 2.03% | 1.90% |
| Tech Mahindra Ltd. | 2.06% | 1.89% |
| Divi's Laboratories Ltd. | 1.78% | 3.61% |
| Adani Enterprises Ltd. | 2.44% | 1.61% |
| Interglobe Aviation Ltd. | 2.60% | 1.56% |
| Asian Paints Ltd. | 1.49% | 3.39% |
| Vedanta Aluminium Metal Ltd. | 2.46% | 1.36% |
| Bharti Airtel Ltd. | 1.31% | 2.15% |
| Schaeffler India Ltd. | 2.18% | 0.98% |
| Life Insurance Corporation of India | 3.85% | 0.97% |
| JSW Steel Ltd. | 1.61% | 0.74% |
| Ultratech Cement Ltd. | 2.11% | 0.72% |
| Indus Towers Ltd. | 1.27% | 0.46% |
| SKF India (Industrial) Ltd. | 0.59% | 0.42% |
| Britannia Industries Ltd. | 1.29% | 0.07% |
| Vedanta Power Ltd. | 0.11% | 0.07% |
| 364 DAY T-BILL 19.11.26 | 0.06% | 0.13% |
| Vedanta Oil and Gas Ltd. | 0.12% | 0.02% |
| Vedanta Iron and Steel Ltd. | 0.11% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.5% means 31.5% 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 SBI Dividend Yield Fund
| Security | % of fund |
|---|---|
| Acme Solar Holdings Ltd. | 4.07% |
| Embassy Office Parks Reit | 2.65% |
| Aurobindo Pharma Ltd. | 2.49% |
| Nexus Select Trust | 2.49% |
| Corona Remedies Ltd. | 2.23% |
Largest holdings only in SBI Large Cap Fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 8.19% |
| Samvardhana Motherson International Ltd. | 3.79% |
| Reliance Industries Ltd. | 3.51% |
| State Bank of India | 3.50% |
| Infosys Ltd. | 3.38% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Dividend Yield | SBI Large Cap |
|---|---|---|
| Equity | 90.2% | 99.1% |
| Debt | 0.1% | 0.4% |
| Cash and others | 9.7% | 0.5% |
Market cap of stocks
| Market cap | SBI Dividend Yield | SBI Large Cap |
|---|---|---|
| Large Cap | 52.5% | 83.5% |
| Mid Cap | 19.0% | 13.7% |
| Small Cap | 18.7% | 1.9% |
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 | SBI Dividend Yield | SBI Large Cap |
|---|---|---|
| Banks | 8.2% | 27.8% |
| Pharmaceuticals & Biotechnology | 12.8% | 7.7% |
| Auto Components | 3.2% | 7.0% |
| Automobiles | 6.9% | 0.0% |
| Power | 6.4% | 1.0% |
| Transport Services | 5.5% | 1.6% |
| Insurance | 3.9% | 5.5% |
| Construction | 3.9% | 5.3% |
| IT - Software | 3.6% | 5.3% |
| Healthcare Services | 4.4% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
SBI Dividend Yield vs SBI Large Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Dividend Yield Fund | SBI Large Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.12% | 0.89% |
| Base expense ratio (Direct) | 0.73% | 0.70% |
| Total expense ratio (Regular) | 2.05% | 1.51% |
| Base expense ratio (Regular) | 1.53% | 1.23% |
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 SBI Dividend Yield with
SBI Dividend Yield Fund vs SBI Large Cap Fund: Frequently Asked Questions
What is the difference between SBI Dividend Yield Fund and SBI Large Cap Fund?
SBI Dividend Yield Fund is a Dividend Yield fund, SBI Large Cap Fund is a Large Cap fund, run by SBI Mutual Fund. Their portfolios overlap 31.5%. SBI Dividend Yield Fund charges 1.12% a year and SBI Large Cap Fund 0.89%.
Which has given higher returns, SBI Dividend Yield Fund or SBI Large Cap Fund?
Over 1 year: SBI Dividend Yield Fund −2.68%, SBI Large Cap Fund −5.75%. Over 3 years: SBI Dividend Yield Fund +10.74% a year, SBI Large Cap Fund +9.25% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, SBI Dividend Yield Fund or SBI Large Cap Fund?
SBI Large Cap Fund charges less: 0.89% a year against 1.12%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Dividend Yield Fund and SBI Large Cap Fund overlap?
31.5%. They hold 23 of the same securities, the largest shared ones being ICICIBANK, LT, KOTAKBANK. From each fund's latest monthly portfolio.
Which is better for SIP, SBI Dividend Yield Fund or SBI Large Cap Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,87,150 in SBI Dividend Yield Fund (XIRR 2.9% a year) and ₹3,83,161 in SBI Large Cap Fund (XIRR 2.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both SBI Dividend Yield Fund and SBI Large Cap Fund?
Yes. 31.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.