EQUITY•MID CAP FUND
SBI Midcap Fund
3 Year return
13.44%
NAV on August 28, 2026
277.6179
1D Returns
+0.62%
Launched on January 2013(13 years)
Investment Details
₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
23.72%₹854
Total Value ₹4,454
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹24,353.77 Cr.
Expense Ratio
1.01% (inclusive of GST)
Exit Load
For exit within 30 days from the date of allotment - 0.25% For exit after 30 days and within 90 days from the date of allotment - 0.10% For exit after 90 days from the date of allotment - Nil
Ratings
5
Ratings by other agencies
Value Research
4
Crisil
4
Morning Star
3
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
SBI Mutual Fund Manager
BV
Bhavin Vithiani
Fund Manager since Jan 2022
PK
Pradeep Kesavan
Fund Manager since Dec 2023
SA
Sohini Andani
Fund Manager since Sep 2010
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Midcap Fund | 21.9329% | 4.5 |
| Invesco India Midcap Fund | 26.0465% | 2 |
| HDFC Mid Cap Fund | 19.6637% | 4 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
SBI Magnum Mid Cap Direct Plan-Growth is a mid-cap mutual fund scheme brought to you by SBI Mutual Fund. It is an open-ended mutual fund that primarily targets stocks listed in the Nifty mid-cap index. Mid-cap stocks, typically having a market capitalisation between ₹5,000 and ₹20,000 crore, can offer significant growth potential but also bring a level of risk. Importantly, this fund does not have a lock-in period, providing investors with greater flexibility and liquidity.
Investment Objective of the Scheme
The main objective of the SBI Magnum Midcap Fund Direct Growth is to offer investors the chance for long-term capital growth, coupled with the liquidity provided by an open-ended scheme. To achieve this, the fund primarily invests in a diversified selection of equity stocks from mid-cap companies, carefully balancing potential returns with associated risks.
Key Features of The Fund
5-year return
15.636%
Expense Ratio
1.01%
Fund Manager
Bhavin Vithiani
Fund Size
₹24353.77 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The fund is an ideal fit for investors who are ready to commit their capital for at least 3 to 4 years and are looking for high returns. Investors should bear in mind the potential for moderate risk and must be prepared for the same. This fund suits investors with a moderately high-risk tolerance who are bullish about the high return potential of mid-cap companies.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Invest Regularly, Achieve Your Goals with SIPs
Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.
FAQs
What is today's NAV of SBI Midcap Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Midcap Fund on August 28, 2026, is ₹277.6179
What is the AUM of SBI Midcap Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Midcap Fund, is ₹24353.77 crore.
What is the expense ratio of SBI Midcap Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of SBI Midcap Fund is 1.01%
What are the returns of SBI Midcap Fund since inception?
The SBI Midcap Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Midcap Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Midcap Fund is ₹500.
How do I invest in SBI Midcap Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Midcap Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Midcap Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Midcap Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,454 in 3Y at 13.4424% returns
SIP Date1st of every month
Your next SIP Payment will be on 28 September 2026
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