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SBI MIDCAP FUND

SBI Mutual Fund · Direct Growth · SEBI Category: Mid Cap

Current NAV ₹261.7170 (+0.10% today) As of 04 Jun 2026
1 Year Return +0.9%
3 Year CAGR +14.3% p.a.
5 Year CAGR +16.4% p.a.
AAUM ₹22.1K Cr Jan–Mar 2026
✓ All data from RightAdvise DB — calculated from 2,574 daily NAV records
Fund Overview

SBI MIDCAP FUND — Quick Summary

SBI Magnum Midcap Fund is one of the mid cap category's most established offerings from SBI Mutual Fund — India's largest bank-sponsored AMC. The fund maintains broad sector diversification within the mid cap universe, with meaningful allocations across manufacturing, financial services, healthcare and consumer sectors. Its investment style is bottom-up with a growth orientation.

The fund benefits from SBI AMC's extensive research infrastructure and access to company managements across listed India. It has maintained competitive performance relative to the NIFTY Midcap 150 TRI benchmark over multiple time periods.

Fund House
SBI Mutual Fund
SEBI Category
Mid Cap
Benchmark
NIFTY Midcap 150 TRI
Fund Manager
Bhavin Vithlani
AMFI Code
119716
Risk Level
Very High
NAV Records in DB
2,574 days
Quarterly Average AUM · Jan–Mar 2026
₹22.1K Cr
↓ Decreased by 2.0% vs Oct–Dec 2025 · ₹22.5K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
✓Suited for moderate to high risk investors with a 7+ year investment horizon. The higher minimum investment (Rs.500 SIP) makes it more targeted toward investors with some existing investment experience.
✓SBI Magnum Midcap Fund offers the backing of India's largest bank-sponsored mutual fund house, broad mid cap sector exposure, and consistent research-driven stock selection. It is a solid mid cap choice for investors who prefer the institutional credibility of SBI AMC.
✗ Not Suitable For
✗Investors with short horizons under 5 years — mid cap funds require patience. Conservative investors who cannot stomach 40-50% drawdowns in severe bear markets. Those seeking a low-volatility equity experience — mid cap funds are inherently more volatile than large cap alternatives.
Who Runs This Fund

Fund Manager

BV
Bhavin Vithlani
SBI Mutual Fund · Managing since 2013

Bhavin Vithlani is Fund Manager at SBI Funds Management and manages the SBI Magnum Midcap Fund. He focuses on identifying mid-sized businesses with strong growth potential and reasonable valuations, applying a research-driven bottom-up approach to stock selection within the SEBI-defined mid cap universe.

For current co-manager details and full biography, refer to the latest SBI Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119716
The official AMFI scheme code for SBI MIDCAP FUND Direct Growth is 119716. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
SBI Magnum Midcap Fund is backed by SBI MF's large distribution network but the mid cap category itself demands nimbleness. As AUM grows, deploying capital efficiently in the mid cap space becomes harder. Always check current AUM and consider whether the fund size remains appropriate for the mid cap universe it invests in.
Investment Objective
As per Scheme Information Document
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of companies forming part of the midcap segment.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Mid Cap Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
HDFC Mid-Cap Opportunities Fund ₹219.94 ₹90.4K Cr Jan–Mar 2026 +5.5% +22.1% p.a. +20.7% p.a. 1.19
Nippon India Growth Fund ₹4,781.46 ₹40.7K Cr Jan–Mar 2026 +7.3% +23.8% p.a. +21.6% p.a. 1.20
Kotak Emerging Equity Fund ₹162.15 ₹59.2K Cr Jan–Mar 2026 +7.8% +21.1% p.a. +18.8% p.a. 1.05
Axis Midcap Fund ₹135.29 ₹30.8K Cr Jan–Mar 2026 +5.1% +18.3% p.a. +15.8% p.a. 0.90
SBI Magnum Midcap Fund ▲ ₹261.72 ₹22.1K Cr Jan–Mar 2026 +0.9% +14.3% p.a. +16.4% p.a. 0.66
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,574 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.1%
3 MonthPoint-to-point
+1.0%
6 MonthPoint-to-point
-0.4%
1 YearPoint-to-point
+0.9%
3 YearCAGR
+14.3% p.a.
5 YearCAGR
+16.4% p.a.
10 YearCAGR
+14.8% p.a.
₹1 Lakh → 5YLump sum growth
₹206,797

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+118.5%
Apr 2020 – Apr 2021
Worst 1Y WindowSimple return
-32.1%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+45.4% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-10.4% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+1.2%
2024
+21.4%
2023
+35.7%
2022
+4.0%
2021
+53.6%
2020
+31.6%
2019
+0.9%
2018
-17.1%
2017
+35.0%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
18.7%
Positive in 78% of windows
Best: 118.5% · Worst: -32.1%
3Y Rolling Avg
18.2% p.a.
Positive in 91% of windows
Best: 45.4% · Worst: -10.4%
5Y Rolling Avg
20.6% p.a.
Positive in 100% of windows
Best: 36.6% · Worst: 11.0%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-43.1%
Jan 2018 → Mar 2020
Recovered: Dec 2020 (1yr)
Current from Peak
-5.9%
All-time Peak: ₹279.42
Peak date: Sep 2024

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-17.3%
Sep 27, 2024 – Apr 7, 2025
Recovered: not yet
COVID-19 Crash
-35.8%
Feb 19 – Mar 23, 2020
Recovered: Sep 2020 (8 mos)
2022 Rate Hike Cycle
-16.4%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (4 mos)
2018 IL&FS Crisis
-18.2%
Aug 28 – Oct 26, 2018
Recovered: Jan 2020 (1yr 11mo)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.66
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.91
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
13.2%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what SBI MIDCAP FUND is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

→Full current portfolio — all stocks, weights, sectors
→New entries and exits over the last 3 months
→Sector allocation and month-over-month changes
→Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Mid Cap Funds

See how SBI MIDCAP FUND ranks against other Mid Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.