OTHER•INDEX FUND
SBI Nifty Midcap 150 Index Fund
3 Year return
17.87%
NAV on August 26, 2026
20.5198
1D Returns
+0.09%
Launched on September 2022(4 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
33%₹1,188
Total Value ₹4,788
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹1,211.74 Cr.
Expense Ratio
0.46% (inclusive of GST)
Exit Load
0.25% - For exit on or before 30 days from the date of allotment. Nil - For exit after 30 days from the date of allotment.
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
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
HS
Harsh Sethi
Fund Manager since Sep 2022
VC
Viral Chhadva
Fund Manager since Mar 2026
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 Nifty Midcap 150 Index Fund | 18.1196% | 0 |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 17.9914% | 0 |
| Nippon India Nifty Midcap 150 Index Fund | 17.8763% | 0 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
SBI Nifty Midcap 150 Index Fund Direct Growth is a Mutual Fund Scheme introduced by SBI Mutual Fund. This scheme operates with a passive investment strategy, where it aims to mirror the performance of the Nifty Midcap 150 index. The fund will invest in the constituent stocks of the Nifty Midcap 150 index in the same proportion as they exist within the index. This approach is intended to achieve returns comparable to the Total Returns Index of the Nifty Midcap 150 index. The fund strives to minimise deviations in performance between the benchmark index and the scheme's actual performance.
Investment Objective of the Scheme
SBI Nifty Midcap 150 Index Fund's core objective is to offer returns closely aligned with the total returns of the underlying securities represented by the chosen index. The fund aims to minimise tracking errors while pursuing this goal. By investing in the same stocks as the Nifty Midcap 150 index, the fund endeavours to provide investors with results that parallel the performance of the index, considering fluctuations due to tracking errors.
Key Features of The Fund
5-year return
0%
Expense Ratio
0.46%
Fund Manager
Harsh Sethi
Fund Size
₹1211.74 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
This fund is particularly suitable for investors with a focus on long-term capital appreciation. It caters to those who wish to participate in the potential growth of mid-sized companies in the Indian market, as covered by the Nifty Midcap 150 Index. If you're seeking an investment avenue that aligns with the performance of this index and are comfortable with the associated market risks, this scheme could be a relevant addition to your investment portfolio.
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 With Confidence, Choose the Right SIP
Assess your risk tolerance through a straightforward questionnaire and craft a SIP plan that aligns perfectly with your financial aspirations. With a clear understanding of your risk appetite, you can make informed investment choices tailored to your unique circumstances. By striking the right balance, you'll pave the way for long-term financial stability and success. Use our SIP return calculator for aid.
FAQs
What is today's NAV of SBI Nifty Midcap 150 Index 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 Nifty Midcap 150 Index Fund on August 26, 2026, is ₹20.5198
What is the AUM of SBI Nifty Midcap 150 Index 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 Nifty Midcap 150 Index Fund, is ₹1211.74 crore.
What is the expense ratio of SBI Nifty Midcap 150 Index 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 Nifty Midcap 150 Index Fund is 0.46%
What are the returns of SBI Nifty Midcap 150 Index Fund since inception?
The SBI Nifty Midcap 150 Index Fund was launched on September 21, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Nifty Midcap 150 Index 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 Nifty Midcap 150 Index Fund is ₹500.
How do I invest in SBI Nifty Midcap 150 Index 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 Nifty Midcap 150 Index 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 Nifty Midcap 150 Index 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 Nifty Midcap 150 Index 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
₹
₹4,788 in 3Y at 17.8672% returns
SIP Date1st of every month
Your next SIP Payment will be on 26 September 2026
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