SBI MIDCAP FUND
SBI Mutual Fund · Mid Cap · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.0% | -6.3% |
| 3 months | -4.7% | -3.3% |
| 6 months | 9.3% | 11.6% |
| Year to date | -2.0% | 1.6% |
| 1 year | 2.3% | 4.6% |
| 3 years (CAGR) | 9.3% | 15.3% |
| 5 years (CAGR) | 12.7% | 14.3% |
| 7 years (CAGR) | 20.2% | 21.0% |
| 10 years (CAGR) | 13.6% | 15.8% |
| Since first NAV (CAGR) | 17.6% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 15.5% | 15.5% |
| 3Y rolling median | 19.5% | 21.4% |
| 3Y rolling worst | -11.0% | -3.9% |
| 3Y periods positive | 93% | 99% |
| 3Y periods ahead of benchmark | 31% | 34% |
| 5Y rolling median | 17.0% | 18.6% |
| 5Y rolling worst | -1.6% | 0.8% |
| 5Y periods ahead of benchmark | 23% | 23% |
Benchmark: Nifty Midcap 150 (proxy: Motilal Oswal Nifty Midcap 150 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 16.1% | 18.1% |
| Sharpe ratio | 0.24 | 0.57 |
| Sortino ratio | 0.34 | 0.88 |
| Beta | 0.84 | 0.95 |
| Alpha (ann.) | -3.0% | 2.6% |
| Upside capture | 74.16 | 99.19 |
| Downside capture | 86.51 | 92.19 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −43.1% | −32.8% |
| Maximum drawdown, last 10Y | −43.1% | −36.2% |
| Maximum drawdown, last 5Y | −17.9% | −21.2% |
| Current drawdown | −6.9% | −7.5% |
| Recovery time of worst fall | 252 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 28.1: higher than 17% of days since 2023 (median 33.6)
- 1Y +2.5% · 3Y +13.0% p.a. · 5Y +14.3% p.a. (index fund NAV, after costs)
- −8.1% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 1.80% a year and the Direct plan's 1.02%, a gap of 0.78%; over the last 3 years the Direct plan returned 0.92 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹18,06,984.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
- 29 Sep 2026: TER reduced from 1.05% to 1.02% (AMFI TER disclosure)
- 10 Sep 2026: TER increased from 1.04% to 1.05% (AMFI TER disclosure)
- 3 Sep 2026: TER increased from 1.02% to 1.04% (AMFI TER disclosure)
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.02% | 0.94% |
| AUM, whole scheme (₹ crore) | 23,282 | 7,540 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 3.7% | 4.6% TRI |
| Return, 3 years (AMFI) | 9.5% | 13.7% TRI |
| Return, 5 years (AMFI) | 12.7% | 14.8% TRI |
| Month-ends above category median (3Y CAGR) | 38% | 44% median |
| Month-ends in category top quartile (3Y) | 23% | 27% median |
| 7Y rolling CAGR, median (monthly windows) | 17.0% | 18.1% median |
Official benchmark: Nifty Midcap 150 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Mid Cap Direct plans; how it is calculated.
| Year | Scheme | Nifty Midcap 150 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -2.0% | -2.5% | +0.4% |
| 2025 | 1.2% | 5.8% | −4.6% |
| 2024 | 21.4% | 24.2% | −2.8% |
| 2023 | 35.7% | 44.3% | −8.6% |
| 2022 | 3.9% | 3.6% | +0.3% |
| 2021 | 53.6% | 46.9% | +6.7% |
| 2020 | 31.6% | 26.1% | +5.5% |
| 2019 | 0.9% | n/a | – |
| 2018 | -17.0% | n/a | – |
| 2017 | 35.0% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty Midcap 150 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,18,926 | -1.7% |
| 3 years | ₹3,60,000 | ₹3,78,277 | 3.2% |
| 5 years | ₹6,00,000 | ₹7,70,694 | 9.9% |
| 10 years | ₹12,00,000 | ₹27,06,100 | 15.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.98 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| Bajaj Finserv Flexi Cap Fund | Flexi Cap | 0.97 | 15.6% |
| LIC MF Mid Cap Fund | Mid Cap | 0.96 | 14.6% |
| Baroda BNP Paribas Dividend Yield Fund | Dividend Yield | 0.96 | n/a |
- What is the latest NAV of SBI MIDCAP FUND?
- The NAV of the Direct plan (growth option) was ₹260.1522 on 1 Oct 2026, as published by AMFI.
- Which category is SBI MIDCAP FUND in?
- It is classified as Mid Cap in AMFI's daily NAV file; a Mid Cap scheme invests at least 65% in mid-cap stocks. MFIC compares it with 33 Mid Cap schemes (Direct plans).
- What returns has SBI MIDCAP FUND delivered?
- Over one year the NAV changed by 2.3%. The 3-year CAGR is 9.3% (category median 15.3%) and the 5-year CAGR is 12.7% (category median 14.3%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 19.5%, the lowest was -11.0%, and 93% of 3-year periods ended with a gain. It was ahead of Nifty Midcap 150 (index-fund proxy) in 31% of those periods.
- What was the largest fall in SBI MIDCAP FUND's NAV?
- The largest peak-to-trough fall in its available history was 43.1%; within the last five years it was 17.9% (category median 21.2%).
- How volatile is SBI MIDCAP FUND?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.1%, which is below the Mid Cap category median of 18.1%.
- What would a monthly SIP in SBI MIDCAP FUND have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,70,694 on 1 Oct 2026, an annualised return (XIRR) of 9.9%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of SBI MIDCAP FUND?
- The total expense ratio of the Direct plan is 1.02% a year, as disclosed to AMFI (median of Mid Cap Direct plans: 0.94%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is SBI MIDCAP FUND?
- Assets under management of the whole scheme were ₹23,282 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of SBI MIDCAP FUND?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of SBI MIDCAP FUND and how has it compared?
- Its official benchmark is the Nifty Midcap 150 TRI. Over 3 years AMFI reports a return of 9.5% for this plan against 13.7% for the benchmark total return index; over 5 years 12.7% against 14.8%. Past performance does not indicate future results.
- How often has SBI MIDCAP FUND beaten its category?
- At 38% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Mid Cap schemes (Direct plans); it was in the top quarter at 23% of them. A typical scheme would show about 50%.
- What is the minimum investment in SBI MIDCAP FUND?
- The minimum application amount is ₹5,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.3% and the Regular plan's by 1.5%. The Regular plan includes the services of a distributor.
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