EQUITY•MID CAP FUND
SBI Midcap Fund Direct Plan IDCW Reinvestment
3 Year return
13.71%
NAV on August 16, 2026
156.4852
1D Returns
-0.33%
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
24.25%₹873
Total Value ₹4,473
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 Apr 2024
PK
Pradeep Kesavan
Fund Manager since Apr 2024
SA
Sohini Andani
Fund Manager since Jul 2010
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
276
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal Midcap Fund | 21.8548% | 4.5 |
| Invesco India Midcap Fund | 25.99% | 2 |
| HDFC Mid Cap Fund | 20.3643% | 4 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The SBI Magnum Midcap Fund Direct Plan IDCW Reinvestment is an equity mutual fund scheme that invests in a diversified portfolio of mid-cap stocks. The fund aims to generate long-term capital growth for its investors and offers the option of reinvesting the dividends in the units of the fund. It is an open-ended scheme, which means that it can issue and redeem units on a continuous basis.
Investment Objectives of the Scheme
The investment objective of the SBI Magnum Midcap Fund Direct Plan IDCW Reinvestment is to generate long-term capital growth by investing in a diversified portfolio of mid-cap equity securities. The fund may invest in a mix of mid-cap stocks. The fund's asset allocation will be reviewed and adjusted on a regular basis to ensure that it is aligned with its investment objective.
Key Features of The Fund
5-year return
15.3391%
Expense Ratio
1.01%
Fund Manager
Bhavin Vithiani
Fund Size
₹24353.77 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The SBI Magnum Midcap Fund Direct Plan IDCW Reinvestment is a good option for investors who are looking for long-term capital growth and who want to reinvest their dividends to grow their wealth over time. The fund is suitable for investors who have a time horizon of at least 5 years and who are comfortable with the risk of investing in mid-cap stocks.
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.
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FAQs
What is today's NAV of SBI Midcap Fund Direct Plan IDCW Reinvestment?
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 Direct Plan IDCW Reinvestment on August 16, 2026, is ₹156.4852
What is the AUM of SBI Midcap Fund Direct Plan IDCW Reinvestment?
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 Direct Plan IDCW Reinvestment, is ₹24353.77 crore.
What is the expense ratio of SBI Midcap Fund Direct Plan IDCW Reinvestment?
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 Direct Plan IDCW Reinvestment is 1.01%
What are the returns of SBI Midcap Fund Direct Plan IDCW Reinvestment since inception?
The SBI Midcap Fund Direct Plan IDCW Reinvestment 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 Direct Plan IDCW Reinvestment?
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 Direct Plan IDCW Reinvestment is ₹500.
How do I invest in SBI Midcap Fund Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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 Direct Plan IDCW Reinvestment?
- 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
₹
₹4,473 in 3Y at 13.7073% returns
SIP Date1st of every month
Your next SIP Payment will be on 16 September 2026
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