SBI Multicap Fund Direct-Growth
Benchmark: Nifty 500 Multicap 50:25:25 TRI · Inception: 14/02/2022 · NAV: ₹17.19 (01/10/2026)
AUM: ₹24525 Cr · Expense Ratio: 1.09% · Riskometer: Very High
The fund outperforms on Alpha (3.89 vs 3.1573114) and Sharpe (0.48 vs 0.3159552). However, it shows higher risk metrics than its peers with a Std Dev of 14.42 compared to 9.8597765.
The fund's Alpha of 3.89 is higher than the Category Alpha of 3.1573114. Additionally, its Sortino ratio of 0.69 is significantly higher than the Category Sharpe of 0.3159552, indicating better risk-adjusted returns relative to downside volatility.
The fund's Std Dev of 14.42 is higher than the Category Std Dev of 9.8597765, indicating higher volatility than its peers. Furthermore, the fund's Beta of 0.82 is higher than the Category Beta of 0.5628741, meaning it experiences more price swings relative to the benchmark than the average peer.
The fund exhibits higher volatility and a higher Beta (0.82 vs 0.5628741) than its category average, suggesting a more aggressive risk profile. This makes it suitable for investors who can tolerate higher price fluctuations in exchange for the potential of capturing higher alpha.
The fund effectively generates superior alpha and risk-adjusted returns compared to the category average but does so with higher volatility and beta. It is a strong performer for investors seeking outsized returns who can manage the associated higher price sensitivity.
SBI Multicap Fund carries an overall rating of 3.2/5 (Selective Buy), showing moderate standing within the Multi Cap category. Its alpha of 3.89 outperformss the category average of 3.16, reflecting superior stock selection. The Sharpe ratio of 0.48 sits above the category mean of 0.32, while volatility (std dev 14.42%) is higher than peers (9.86%), indicating relatively higher volatility. With a 5-year CAGR of 0.00% and expense ratio of 1.09%, investors should weigh cost-adjusted returns carefully.
| Period | CAGR |
|---|---|
| 1Y | -2.84% |
| 3Y | 11.63% |
| 5Y | N/A |
| 10Y | N/A |
| Since Launch | 12.59% |
- ✅ Alpha 3.89 exceeds category avg 3.16 — superior active management
- ⚠️ Higher volatility 14.42% vs peers 9.86%
- ⚠️ Negative 1Y return (-2.84%) — recent underperformance
- ⚠️ High expense ratio 1.09% (above 1%)