November 10, 2022
mayank
SBI Nifty Midcap 150 Index Fund
NAV Growth: Rs 10.3898
NAV IDCW: Rs 10.3898
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme is seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Fund Manager:
1) Harsh Sethi
Education: Mr. Sethi is a B. Com (Hons.), CA, CS
Experience: Prior to joining SBI Mutual Fund, he has worked with J. P. Mangal & Co. as Senior Assistant. Harsh Sethi is the Equity Dealer since February 2017.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 03-Oct-22 |
| Return Since Launch | 3.90% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs — Cr |
| (As on ) | |
| Expense Ratio | –% |
| (As on ) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
SBI Nifty Midcap 150 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Nifty Midcap 150 Index Dir | — | -0.62 | — | — | — | — | — | — | — | — |
| S&P BSE 150 MidCap TRI | — | -0.54 | — | — | — | — | — | — | — | — |
| Equity: Mid Cap | — | -0.49 | — | — | — | — | — | — | — | — |
| Rank within category | — | 24 | — | — | — | — | — | — | — | — |
| Number of funds in category | 30 | 36 | 34 | 32 | 32 | 29 | 24 | 20 | 19 | 0 |
SBI Nifty Midcap 150 Index Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| Kotak Emrgng Eqt Dir | 4 star | 6.02 | 27.24 | 15.86 | 0.48 | 21,996 | 20.34 | 1.00 (365) | 9yrs 10mo | 3.46 |
| Axis Midcap Dir | 5 star | -3.68 | 22.38 | 17.82 | 0.54 | 19,708 | 19.21 | 1.00 (365) | 9yrs 10mo | 24.00 |
| Nippon Ind Growth Dir | 4 star | 1.44 | 26.34 | 14.72 | 0.97 | 13,510 | 16.8 | 1.00 (30) | 9yrs 10mo | 96.00 |
| Mirae Asset Midcap Dir | 4 star | 0.86 | 27.89 | — | 0.57 | 8,439 | 28.76 | 1.00 (365) | 3yrs 3mo | 42.00 |
| SBI Magnum Midcap Dir | 4 star | 5.73 | 30.17 | 14.5 | 1 | 8,326 | 19.64 | 1.00 (365) | 9yrs 10mo | 13.00 |
Chanakya’s Mutual Fund Guidance For SBI Nifty Midcap 150 Index Fund
Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
Join Chanakya’s Telegram Channel @
https://t.me/chanakyanipothi