ReviewDirect · Growth

SBI MIDCAP FUND

SBI Mutual Fund Equity Scheme - Mid Cap Fund13.7 years

The scheme aims 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.

NAV: 263.7117; 15 Sept 2026
1Y: +4.9%; Trailing CAGR
Upside capture: +85%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +86%; Lower is better

NAV path pending

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+4.9%
3Y+9.8%
5Y+13.7%
10Y+14.0%
SI+18.0%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+6.2%
5Y+11.8%
10Y+16.4%

Since inception: +18.0%; Calendar-day CAGR
Excess 1Y: -2.8%; Category median, same plan and option
3Y win rate: +55%; Windows beating the median
3Y percentile: 12; Vs comparable share classes
Worst rolling 3Y: -11.0%; 2645 daily-ending windows
Median rolling 3Y: +19.5%; Calendar-day CAGR
Positive rolling 5Y: +99%; 2152 daily-ending windows
SIP 3Y XIRR: +6.2%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: -1.9%; Fund minus TRI
3Y excess: -4.6%; Fund minus TRI
Upside capture: +85%; Benchmark-up months
Downside capture: +86%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 10 days; 149 recovered episodes
Longest recovery: 252 days; Trough to prior peak
Current spell: 717 days; Days below latest peak
Time below peak: +87%; NAV observations

9 Jan 2018 – 1 Dec 2020
Trough 24 Mar 2020 · recovered in 252 days
-43.1%
3 Jan 2013 – 20 Nov 2013
Trough 28 Aug 2013 · recovered in 84 days
-20.5%
24 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-17.9%
17 Jan 2022 – 30 Aug 2022
Trough 20 Jun 2022 · recovered in 71 days
-17.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
12
Vs category
33
Consistency
52
Risk-adjusted
67
Drawdown
0
Mean
33

Portfolio

31 Aug 2026 · 61 holdings · top 10 are 27.9%.

Top 5: 15.0%
Top 10: 27.9%
Largest holding: 3.3%
Effective holdings: 49.5

Crisil Ltd
Industrials
3.3%
Multi Commodity Exchange Of India Ltd
Financial
3.0%
Torrent Power Ltd
Energy & Utilities
3.0%
Supreme Industries Ltd
Materials
2.9%
Bharat Heavy Electricals Ltd
Industrials
2.7%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

All funds

ReviewDirect · Growth

SBI MIDCAP FUND

SBI Mutual Fund Equity Scheme - Mid Cap Fund13.7 years

NAV: 263.7117; 15 Sept 2026
1Y: +4.9%; Trailing CAGR
Upside capture: +85%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +86%; Lower is better

Oct 2024 – Sept 2026

All funds

ReviewDirect · Growth

SBI MIDCAP FUND

SBI Mutual Fund Equity Scheme - Mid Cap Fund13.7 years

NAV: 263.7117; 15 Sept 2026
1Y: +4.9%; Trailing CAGR
Upside capture: +85%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +86%; Lower is better

NAV path pending

NAV

15 Sept 2026 · +2.4% over 1Y

263.7117

Sept 2025233.9445 – 278.1571Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+4.9%
3Y+9.8%
5Y+13.7%
10Y+14.0%
SI+18.0%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+6.2%
5Y+11.8%
10Y+16.4%

Since inception: +18.0%; Calendar-day CAGR
Excess 1Y: -2.8%; Category median, same plan and option
3Y win rate: +55%; Windows beating the median
3Y percentile: 12; Vs comparable share classes
Worst rolling 3Y: -11.0%; 2645 daily-ending windows
Median rolling 3Y: +19.5%; Calendar-day CAGR
Positive rolling 5Y: +99%; 2152 daily-ending windows
SIP 3Y XIRR: +6.2%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: -1.9%; Fund minus TRI
3Y excess: -4.6%; Fund minus TRI
Upside capture: +85%; Benchmark-up months
Downside capture: +86%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-5.6%

Jan 2013-42.9% – 0.0%Sept 2026

Average recovery: 10 days; 149 recovered episodes
Longest recovery: 252 days; Trough to prior peak
Current spell: 717 days; Days below latest peak
Time below peak: +87%; NAV observations

9 Jan 2018 – 1 Dec 2020
Trough 24 Mar 2020 · recovered in 252 days
-43.1%
3 Jan 2013 – 20 Nov 2013
Trough 28 Aug 2013 · recovered in 84 days
-20.5%
24 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-17.9%
17 Jan 2022 – 30 Aug 2022
Trough 20 Jun 2022 · recovered in 71 days
-17.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
12
Vs category
33
Consistency
52
Risk-adjusted
67
Drawdown
0
Mean
33

Portfolio

31 Aug 2026 · 61 holdings · top 10 are 27.9%.

Top 5: 15.0%
Top 10: 27.9%
Largest holding: 3.3%
Effective holdings: 49.5

Crisil Ltd
Industrials
3.3%
Multi Commodity Exchange Of India Ltd
Financial
3.0%
Torrent Power Ltd
Energy & Utilities
3.0%
Supreme Industries Ltd
Materials
2.9%
Bharat Heavy Electricals Ltd
Industrials
2.7%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

Risk-adjusted return sits above the documented risk-free proxy.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+4.9%
3Y+9.8%
5Y+13.7%
10Y+14.0%
SI+18.0%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+6.2%
5Y+11.8%
10Y+16.4%

Since inception: +18.0%; Calendar-day CAGR
Excess 1Y: -2.8%; Category median, same plan and option
3Y win rate: +55%; Windows beating the median
3Y percentile: 12; Vs comparable share classes
Worst rolling 3Y: -11.0%; 2645 daily-ending windows
Median rolling 3Y: +19.5%; Calendar-day CAGR
Positive rolling 5Y: +99%; 2152 daily-ending windows
SIP 3Y XIRR: +6.2%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: -1.9%; Fund minus TRI
3Y excess: -4.6%; Fund minus TRI
Upside capture: +85%; Benchmark-up months
Downside capture: +86%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 10 days; 149 recovered episodes
Longest recovery: 252 days; Trough to prior peak
Current spell: 717 days; Days below latest peak
Time below peak: +87%; NAV observations

9 Jan 2018 – 1 Dec 2020
Trough 24 Mar 2020 · recovered in 252 days
-43.1%
3 Jan 2013 – 20 Nov 2013
Trough 28 Aug 2013 · recovered in 84 days
-20.5%
24 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-17.9%
17 Jan 2022 – 30 Aug 2022
Trough 20 Jun 2022 · recovered in 71 days
-17.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
12
Vs category
33
Consistency
52
Risk-adjusted
67
Drawdown
0
Mean
33

Portfolio

31 Aug 2026 · 61 holdings · top 10 are 27.9%.

Top 5: 15.0%
Top 10: 27.9%
Largest holding: 3.3%
Effective holdings: 49.5

Crisil Ltd
Industrials
3.3%
Multi Commodity Exchange Of India Ltd
Financial
3.0%
Torrent Power Ltd
Energy & Utilities
3.0%
Supreme Industries Ltd
Materials
2.9%
Bharat Heavy Electricals Ltd
Industrials
2.7%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

Risk-adjusted return sits above the documented risk-free proxy.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · +2.4% over 1Y

263.7117

Sept 2025233.9445 – 278.1571Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+4.9%
3Y+9.8%
5Y+13.7%
10Y+14.0%
SI+18.0%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+6.2%
5Y+11.8%
10Y+16.4%

Since inception: +18.0%; Calendar-day CAGR
Excess 1Y: -2.8%; Category median, same plan and option
3Y win rate: +55%; Windows beating the median
3Y percentile: 12; Vs comparable share classes
Worst rolling 3Y: -11.0%; 2645 daily-ending windows
Median rolling 3Y: +19.5%; Calendar-day CAGR
Positive rolling 5Y: +99%; 2152 daily-ending windows
SIP 3Y XIRR: +6.2%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: -1.9%; Fund minus TRI
3Y excess: -4.6%; Fund minus TRI
Upside capture: +85%; Benchmark-up months
Downside capture: +86%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-5.6%

Jan 2013-42.9% – 0.0%Sept 2026

Average recovery: 10 days; 149 recovered episodes
Longest recovery: 252 days; Trough to prior peak
Current spell: 717 days; Days below latest peak
Time below peak: +87%; NAV observations

9 Jan 2018 – 1 Dec 2020
Trough 24 Mar 2020 · recovered in 252 days
-43.1%
3 Jan 2013 – 20 Nov 2013
Trough 28 Aug 2013 · recovered in 84 days
-20.5%
24 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-17.9%
17 Jan 2022 – 30 Aug 2022
Trough 20 Jun 2022 · recovered in 71 days
-17.3%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
12
Vs category
33
Consistency
52
Risk-adjusted
67
Drawdown
0
Mean
33

Portfolio

31 Aug 2026 · 61 holdings · top 10 are 27.9%.

Top 5: 15.0%
Top 10: 27.9%
Largest holding: 3.3%
Effective holdings: 49.5

Crisil Ltd
Industrials
3.3%
Multi Commodity Exchange Of India Ltd
Financial
3.0%
Torrent Power Ltd
Energy & Utilities
3.0%
Supreme Industries Ltd
Materials
2.9%
Bharat Heavy Electricals Ltd
Industrials
2.7%

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 11 Sept 2026

Review

Engine status

Review

Closer look

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

Risk-adjusted return sits above the documented risk-free proxy.