Historical NAV & Returns
About SBI Magnum Midcap Fund Direct Growth
SBI Magnum Midcap Fund is a mutual fund scheme designed to have a higher exposure towards stocks listed in the Nifty mid-cap index. Mid cap stocks are stocks which have a market capitalization of between Rs 5,000 and Rs 20,000 crore. They provide the opportunity for strong growth but also come with some risks attached.The fund aims to generate high returns in the long term tenure. The fund is managed by SBI Mutual Fund, is one of the largest mutual fund houses in India, which manages multiple mutual funds and has an AUM of over Rs 7 lakh crore as on 2022. Investing in mid-cap stocks can be more volatile than investing in large-cap stocks, but it also has the potential for higher returns, making the fund more suitable for investors with a higher risk appetite.
Key Parameters
- SBI Magnum Midcap Fund Direct Growth has ₹20890 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Magnum Midcap Fund Direct Growth has given a CAGR return of 22.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.23%, 16.99% and 33.03% respectively.
Holdings
SBI Magnum Midcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Health, Industrial, Basic Materials, Tech, Real Estate, Utilities, Consumer Defensive, Communication, Energy. Its top holdings are Bajaj Finance Ltd, Torrent Power Ltd, Shree Cement Ltd, Sundaram Finance Ltd, CRISIL Ltd
Taxation
As it is a mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of SBI Magnum Midcap Fund Direct Growth
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap companies.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Magnum Midcap Fund Direct Growth has no lock in period.
SBI Magnum Midcap Fund Direct Growth Overview
| Expense ratio | 0.83% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹20890 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 10.31% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for SBI Magnum Midcap Fund Direct Growth
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 6.82% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 7.55% as on Mar'25
- This fund underperformed Nifty Midcap 150 by 0.72% in Mar'25
- AUM of the fund stands at 20.9K Cr as of Mar'25
- AUM increased by 1.5K Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Health
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bajaj Finance Ltd | 3.43% | 0% | |
 Torrent Power Ltd | 3.35% | 0% | |
 Shree Cement Ltd | 3.29% | 41.4% | |
 Sundaram Finance Ltd | 3.26% | 0% | |
 CRISIL Ltd | 3.2% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 SBI Magnum Midcap Fund Direct Growth | 7.23% | 16.99% | 33.03% | 22.06% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 17.99% | 22.33% | 31.6% | 20.98% |
 Motilal Oswal Midcap Direct Growth | 13.01% | 25.38% | 37.33% | 23.23% |
 Nippon India Growth Fund - Direct Plan - Growth | 12.32% | 22.51% | 34.36% | 18.5% |
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 19.2% |
 K P R Mill Ltd | 11.4% |
Mutual Fund Insights
SBI Magnum Midcap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹20890 Cr
Expense Ratio 0.83%
- Compare
SBI Magnum Midcap FundVs
HDFC Mid Cap Opportunities Fund Direct Growth
- Compare
- SBI Magnum Midcap FundVs
Kotak Emerging Equity Scheme Fund Direct Growth
- Compare
- SBI Magnum Midcap FundVs
Nippon India Growth Fund Direct Growth
- Compare
- SBI Magnum Midcap FundVs
Axis Midcap Fund Direct Growth
- Compare
- SBI Magnum Midcap FundVs
Motilal Oswal Midcap Fund Direct Growth
More funds from SBI
5Y CAGR
▲ 31.71
5Y CAGR
▲ 32.33
5Y CAGR
▲ 30.06
5Y CAGR
▲ 25.91
5Y CAGR
▲ 35.36
Frequently Asked Questions for SBI Magnum Midcap Fund Direct Growth
SBI Magnum Midcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.75% | 5.75% |
6 Month Returns | -9.65% | -9.65% |
1 Year Returns | 7.23% | 7.23% |
3 Years Returns | 60.12% | 16.99% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Magnum Midcap Fund Direct Growth | 1.2 | 0.55 | 3.58 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Magnum Midcap Fund Direct Growth | 0.85 | 0.78 | 0.84 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Magnum Midcap Fund Direct Growth | 0.22 | 0.8 | 1.59 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Magnum Midcap Fund Direct Growth | 17.66 | 14.38 | 16.1 |