Can I invest in SIP and Lumpsum in SBI Midcap Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in SBI Midcap Fund - Direct (IDCW). Minimum lumpsum investment SBI Midcap Fund - Direct (IDCW) is ₹5,000 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of SBI Midcap Fund - Direct (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of SBI Midcap Fund - Direct (IDCW) is SBI Midcap Fund - Direct (IDCW) is ₹152.29 as on 2025-07-10.

Which are the biggest stock holdings of SBI Midcap Fund - Direct (IDCW)?

The 5 biggest stock holdings of SBI Midcap Fund - Direct (IDCW) are: CRISIL (4.16%), Sundaram Finance (3.31%), HDFC Bank (3.01%), Shree Cement (3.00%), Torrent Power (2.96%)

What are the top sectors SBI Midcap Fund - Direct (IDCW) invests in?

A majority of SBI Midcap Fund - Direct (IDCW) 's AUM worth ₹23,269 (Cr) is invested in these 3 top sectors: Finance : 12.60% Auto Components : 9.09% Pharmaceuticals & Biotech : 9.08%

Mutual Funds
AMC
SBI Midcap Fund - Direct (IDCW)

SBI Midcap Fund - Direct (IDCW)

Mid Cap Fund

Invest Now

NAV
152.29(-0.24%)
Fund Size (CR)
₹22,406.12
Expense Ratio
0.85
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
19.31%

Absolute Return: 11.58%

Annualized Return: 0%

Basic Details

Scheme Manager

Bhavin Vithiani

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	2 July 2025	10039.29	0.39%	-	-0.23%	14/123
1 Month	9 June 2025	10111.16	1.11%	-	0.82%	47/123
3 Month	9 April 2025	11299.20	12.99%	-	19.46%	116/123
6 Month	9 January 2025	10373.97	3.74%	-	4.14%	75/119
1 Year	9 July 2024	10285.54	2.86%	2.86%	3.16%	70/119
3 Year	8 July 2022	18359.25	83.59%	22.40%	26.12%	88/103
5 Year	9 July 2020	37053.86	270.54%	29.93%	29.17%	41/99
Since Inception	2 January 2013	91282.22	812.82%	19.31%	20.38%	69/123

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 August 2024	1,20,000	160519.68	33.77%	33.77%
3 Year	1 August 2022	3,60,000	605022.87	68.06%	18.89%
5 Year	3 August 2020	6,00,000	1309622.13	118.27%	16.90%
10 Year	3 August 2015	12,00,000	4045875.10	237.16%	12.92%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.92%

Standard Deviation

0.78%

Beta

1.22%

Sharpe Ratio

0.00%

Treynor's Ratio

-0.79%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
CRISIL	4.16%	1600000	967.68	Equity	Credit Rating Agencies
Sundaram Finance	3.31%	1490000	770.85	Equity	Finance
HDFC Bank	3.01%	3500201	700.57	Equity	Banks
Shree Cement	3.00%	225000	698.17	Equity	Cement
Torrent Power	2.96%	4700000	689.77	Equity	Power Generation & Distribution
Tata Elxsi	2.85%	1050000	662.55	Equity	IT - Software
Schaeffler India	2.78%	1600000	647.57	Equity	Bearings
Max Healthcare	2.67%	4862250	620.42	Equity	Healthcare
M & M Fin. Serv.	2.61%	22500000	607.39	Equity	Finance
Bharat Forge	2.53%	4500000	588.64	Equity	Castings, Forgings & Fastners

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Midcap Fund - Direct (IDCW)	22406.12	1.11%	12.99%	3.74%	2.86%	22.40%
Invesco India Midcap Fund - Direct (G)	6641.11	1.13%	24.08%	7.89%	16.59%	32.89%
Invesco India Midcap Fund - Direct (IDCW)	6641.11	1.12%	24.08%	7.83%	16.52%	32.87%
WhiteOak Capital Mid Cap Fund - Direct (G)	3190.59	1.21%	22.11%	4.55%	10.54%	-
WhiteOak Capital Mid Cap Fund - Direct (IDCW)	3190.59	1.21%	22.11%	4.55%	10.54%	-
Edelweiss Mid Cap Fund - Direct (G)	10027.89	1.00%	20.40%	5.60%	9.51%	31.53%

List of Schemes under SBI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
SBI Saving Fund	Debt	Moderate	8.21%	3	₹32,655.44
SBI Large Cap Fund	Equity	Very High	6.33%	4	₹53,959.08
SBI Dynamic Bond Fund	Debt	Moderate	9%	3	₹3,605.54
SBI Consumption Opportunities Fund	Equity	Very High	0.35%	4	₹3,185.83
SBI Gold Fund	Other	Very High	30.22%	4	₹4,409.89
SBI Infrastructure Fund-Series	Equity	Very High	-3.49%	4	₹5,195.23
SBI Technology Opportunities Fund	Equity	Very High	15.03%	0	₹4,828.67
SBI Equity Hybrid Fund	Hybrid	Very High	11.76%	3	₹78,708.42
SBI Magnum Children Benefit Fund - Savings Plan	Solution Oriented	Moderately High	10.22%	5	₹127.89
SBI Comma Fund	Equity	Very High	2.96%	0	₹700.61
SBI ESG Exclusionary Strategy Fund	Equity	Very High	2.32%	0	₹5,831.87
SBI Magnum Gilt Fund	Debt	Moderate	8.56%	4	₹12,148.74
SBI Magnum Constant Maturity Fund	Debt	Moderate	10.56%	0	₹1,899.75
SBI MNC Fund	Equity	Very High	-0.79%	0	₹6,308.74
SBI Credit Risk Fund	Debt	Moderately High	9.64%	3	₹2,235.76
SBI Magnum Income Fund	Debt	Moderate	9.23%	4	₹1,992.51
SBI Nifty Index Fund	Other	Very High	5.23%	3	₹10,166.67
SBI Overnight Fund	Debt	Low	6.34%	3	₹26,195.28
SBI Midcap Fund	Equity	Very High	2.86%	4	₹23,269.00
SBI Conservative Hybrid Fund	Hybrid	High	7.28%	4	₹9,748.22
SBI Multi Asset Allocation Fund	Hybrid	Very High	9.09%	4	₹8,940.04
SBI Flexi Cap Fund	Equity	Very High	2.36%	3	₹22,499.74
SBI Large & Midcap Fund	Equity	Very High	7.47%	4	₹33,031.14
SBI ELSS Tax Saver Fund	Equity	Very High	3.67%	5	₹30,616.22
SBI Contra Fund	Equity	Very High	3.08%	5	₹47,389.62
SBI Focused Fund	Equity	Very High	9.02%	3	₹38,610.43
SBI Healthcare Opportunities Fund	Equity	Very High	20.77%	5	₹3,849.24
SBI Liquid Fund	Debt	Moderate	7.16%	2	₹62,208.07
SBI PSU Fund	Equity	Very High	-3.89%	0	₹5,427.44
SBI Magnum Medium Duration Fund	Debt	Moderately High	9.61%	3	₹6,505.93
SBI Short Horizon Debt - Short Term	Debt	Moderate	9.77%	3	₹16,052.83
SBI Magnum Low Duration Fund	Debt	Moderate	8.41%	4	₹14,824.17
SBI Arbitrage Opportunities Fund	Hybrid	Low	7.57%	3	₹37,605.64
SBI Magnum Ultra Short Duration Fund	Debt	Moderately Low	7.82%	2	₹16,407.97
SBI Small Cap Fund	Equity	Very High	-1.67%	3	₹35,696.19
SBI Banking and PSU Fund	Debt	Moderate	9.6%	3	₹4,107.13
SBI Banking & Financial Services Fund	Equity	Very High	16.65%	4	₹8,537.50
SBI Equity Savings Fund	Hybrid	Moderately High	8.05%	3	₹5,585.84
SBI Long Term Advantage Fund - Series III	Equity	Moderately High	-0.8%	0	₹72.83
SBI Long Term Advantage Fund - Series IV	Equity	Moderately High	-3.57%	0	₹211.72
SBI Long Term Advantage Fund - Series V	Equity	Moderately High	22.87%	0	₹393.89
SBI Long Term Advantage Fund - Series VI	Equity	Moderately High	1.1%	0	₹288.08
SBI Corporate Bond Fund	Debt	Moderately Low	10%	3	₹25,615.90
SBI Equity Minimum Variance	Equity	Very High	0.08%	0	₹225.06
SBI FMP - Series 1 (3668 Days)	Debt	Moderate	10.29%	0	₹49.36
SBI FMP - Series 6 (3668Days)	Debt	Moderate	10.21%	0	₹35.70
SBI FMP - Series 34 (3682Days) (G)	Debt	Moderate	10.56%	0	₹28.35
SBI Magnum Children's Benefit Fund - IP	Solution Oriented	Very High	8.38%	5	₹3,827.79
SBI Floating Rate Debt Fund	Debt	Moderately Low	8.76%	3	₹963.51
SBI Retirement Benefit Fund-Aggressive Plan (G)	Solution Oriented	Very High	0.02%	3	₹3,007.27
SBI Retirement Benefit Fund-Aggrs Hyb Plan	Solution Oriented	Very High	1.97%	3	₹1,616.30
SBI Retirement Benefit Fund-Conservative Plan	Solution Oriented	Moderately High	7.56%	3	₹179.01
SBI Retirement Benefit Fund-Conser Hyb Plan	Solution Oriented	High	5.18%	3	₹286.38
SBI US Specific Equity Active FoF	Other	Very High	13.02%	0	₹1,005.71
SBI FMP - Series 42 (1857Days)	Debt	Moderate	7.97%	0	₹483.77
SBI Nifty Next 50 Index Fund	Other	Very High	-6.68%	1	₹1,803.33
SBI FMP - Series 43 (1616Days)	Debt	Moderate	7.24%	0	₹120.00
SBI FMP - Series 44 (1855Days)	Debt	Moderate	8.29%	0	₹390.55
SBI FMP - Series 45 (1840Days)	Debt	Moderately Low	8.22%	0	₹229.00
SBI FMP - Series 46 (1850Days)	Debt	Moderate	8.27%	0	₹133.54
SBI FMP - Series 48 (1458Days)	Debt	Moderate	7%	0	₹46.87
SBI Balanced Advantage Fund	Hybrid	Very High	8.15%	5	₹36,637.47
SBI FMP - Series 49 (1823Days)	Debt	Moderately Low	8.48%	0	₹397.90
SBI FMP - Series 50 (1843Days)	Debt	Moderate	8.59%	0	₹123.65
SBI FMP - Series 51 (1846Days)	Debt	Moderate	8.62%	0	₹303.46
SBI FMP - Series 52 (1848Days)	Debt	Moderately Low	8.55%	0	₹139.21
SBI FMP - Series 53 (1839Days)	Debt	Moderate	8.7%	0	₹313.99
SBI FMP - Series 54 (1842Days)	Debt	Moderate	8.74%	0	₹38.26
SBI FMP - Series 55 (1849Days)	Debt	Moderate	8.77%	0	₹258.11
SBI FMP - Series 57 (1835Days)	Debt	Moderate	8.84%	0	₹261.39
SBI FMP - Series 58 (1842Days)	Debt	Moderate	8.71%	0	₹255.20
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund	Other	Moderately Low	8.45%	0	₹8,929.36
SBI FMP - Series 59 (1618Days)	Debt	Moderate	8.2%	0	₹28.33
SBI FMP - Series 60 (1878Days)	Debt	Moderate	8.92%	0	₹251.69
SBI Multicap Fund	Equity	Very High	10.08%	3	₹21,724.53
SBI FMP - Series 61 (1927Days)	Debt	Moderate	9.05%	0	₹341.44
SBI FMP - Series 66 (1361Days)	Debt	Moderately Low	7.97%	0	₹689.47
SBI FMP - Series 67 (1467Days)	Debt	Moderately Low	8.36%	0	₹593.87
SBI FMP - Series 64 (1169Days)	Debt	Moderate	7.21%	0	₹404.95
SBI FMP - Series 68 (1302Days)	Debt	Moderately Low	7.95%	0	₹196.15
SBI Nifty Smallcap 250 Index Fund	Other	Very High	0.29%	0	₹1,525.96
SBI Nifty Midcap 150 Index Fund	Other	Very High	2.54%	0	₹898.22
SBI CRISIL IBX Gilt Index-June 2036 Fund	Other	Moderate	10.66%	0	₹2,534.11
SBI CRISIL IBX Gilt Index-April 2029 Fund	Other	Moderate	10.31%	0	₹2,126.22
SBI CRISIL IBX SDL Index-September 2027 Fund	Other	Moderate	9.16%	0	₹1,109.17
SBI FMP - Series 72 (1239Days)	Debt	Moderately Low	8.15%	0	₹341.51
SBI FMP - Series 73 (1226Days)	Debt	Moderately Low	8.13%	0	₹204.16
SBI Long Duration Fund	Debt	Moderate	7.15%	0	₹2,803.00
SBI FMP - Series 74 (1243Days)	Debt	Moderate	8.16%	0	₹160.57
SBI FMP - Series 76 (1221Days)	Debt	Moderate	8%	0	₹168.01
SBI FMP - Series 78 (1170Days)	Debt	Moderate	8.03%	0	₹127.11
SBI Dividend Yield Fund	Equity	Very High	-0.92%	0	₹9,320.70
SBI FMP - Series 79 (1130Days)	Debt	Moderately Low	8.05%	0	₹83.27
SBI FMP - Series 81 (1157Days)	Debt	Moderate	8.23%	0	₹416.19
SBI BSE Sensex Index Fund	Other	Very High	4.89%	0	₹344.02
SBI Nifty50 Equal Weight Index Fund	Other	Very High	4.03%	0	₹1,039.81
SBI Energy Opportunities Fund	Equity	Very High	-4.61%	0	₹10,460.80
SBI Automotive Opportunities Fund	Equity	Very High	-6.06%	0	₹5,450.92
SBI Silver ETF Fund of Fund	Other	Very High	0%	0	₹388.37
SBI Innovative Opportunities Fund	Equity	Very High	0%	0	₹7,562.32
SBI Nifty 500 Index Fund	Other	Very High	0%	0	₹896.32
SBI Nifty India Consumption Index Fund	Other	Very High	0%	0	₹332.07
SBI Quant Fund	Equity	Very High	0%	0	₹3,949.88
SBI Nifty Bank Index Fund	Other	Very High	0%	0	₹121.58
SBI Nifty IT Index Fund	Other	Very High	0%	0	₹48.18
SBI BSE PSU Bank Index Fund	Other	Very High	0%	0	₹43.45
SBI Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹1,715.46
SBI Nifty200 Quality 30 Index Fund	Other	Very High	0%	0	₹331.67
SBI Nifty200 Momentum 30 Index Fund	Other	Very High	0%	0	₹0.00
SBI Nifty100 Low Volatility 30 Index Fund	Other	Very High	0%	0	₹0.00

News

SBI Mutual Fund announces change in fund manager under its schemes

SBI Mutual Fund has announced change in fund manager under the following schemes, with effect from 01 July 2025.

Change in Fund Manager:

Name of the Scheme	Existing Fund Managers	Proposed Fund Managers
SBI Magnum Income Fund	Mr. Lokesh Mallya	Mr. Mohit Jain
SBI Dynamic Bond Fund	Mr. Rajeev Radhakrishnan and Mr. Tejas Soman (Co-Fund Manager)	Mr. Sudhir Agarwal
SBI Long Duration Fund	Mr. Tejas Soman	Mr. Ardhendu Bhattacharya
SBI Magnum Gilt Fund	Mr. Rajeev Radhakrishnan and Mr. Tejas Soman (Co-Fund Manager)	Mr. Sudhir Agarwal
SBI Magnum Children's Benefit Fund - Savings Plan	Mr. Rajeev Radhakrishnan (Debt Portion)	Mr. Lokesh Mallya (Debt Portion)
SBI Magnum Children's Benefit Fund - Investment Plan	Mr. Rajeev Radhakrishnan (Debt Portion)	Mr. Lokesh Mallya (Debt Portion)
SBI Magnum Constant Maturity Fund	Mr. Tejas Soman	Mr. Sudhir Agarwal
SBI Nifty 10 yr Benchmark G-Sec ETF	Mr. Tejas Soman and Mr. Ardhendu Bhattacharya (Co-Fund Manager)	Mr. Jignesh Shah
SBI NIFTY 1D Rate ETF	Mr. Tejas Soman	Mr. Jignesh Shah
SBI Overnight Fund, SBI CPSE Bond Plus SDL September 2026 50:50 Index Fund, SBI CRISIL IBX Gilt Index-June 2036 Fund, SBI CRISIL IBX Gilt Index-April 2029 Fund, SBI CRISIL IBX SDL Index-September 2027 Fund	Mr. Ranjana Gupta Mr. Tejas Soman (Co-Fund Manager)	Mr. Ranjana Gupta
SBI Long Term Advantage Fund - Series IV	Mr. R. Srinivasan and Nidhi Chawla (Co-Fund Manager)	Ms. Nidhi Chawla
SBI Long Term Advantage Fund - Series V	Mr. Mohan Lal	Ms. Nidhi Chawla
SBI Small Cap Fund	Mr. R. Srinivasan and Mr. Mohan Lal (Co-Fund Manager)	Mr. R. Srinivasan

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SBI Mutual Fund announces change in scheme name

SBI Mutual Fund has announced change in scheme name under the following schemes, with effect from June 30, 2025

Change in the name of the Scheme:

Existing Scheme Name	Revised Scheme Name
SBI Long Term Equity Fund	SBI ELSS Tax Saver Fund
SBI Focused Equity Fund	SBI Focused Fund
SBI BlueChip Fund	SBI Large Cap Fund
SBI Magnum Midcap Fund	SBI Midcap Fund
SBI Magnum Comma Fund	SBI Comma Fund
SBI Magnum Global Fund	SBI MNC Fund

Powered by Capital Market - Live News

SBI Nifty200 Quality 30 Index Fund Announces Extension of NFO period
SBI Mutual Fund has announced that New Fund Offer (NFO) Period of the Scheme has been modified as follows:

Name of the Scheme Existing closing date of NFO Revised closing date of NFO

SBI Nifty200 Quality 30 Index Fund 29 May 2025 30 May 2025

Powered by Capital Market - Live News

Name of the Scheme	Existing closing date of NFO	Revised closing date of NFO
SBI Nifty200 Quality 30 Index Fund	29 May 2025	30 May 2025

Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹23269.00

SBI Midcap Fund - Direct (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 1 January 2013, this fund is managed by Bhavin Vithiani. With assets under management (AUM) worth ₹23,269 (Cr), as of 10 July 2025, SBI Midcap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 19.31% since its launch.
The current NAV of SBI Midcap Fund - Direct (IDCW) is ₹152.29, as on 10 July 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in SBI Midcap Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
For exit within 1 year from the date of allotment - 1%. For exit after 1 years from the date of allotment - NIL. The fund has generated 22.40% and 29.93% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.09% in Equity, 3.79% in Debt and 2.12% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 12.60% in Finance, 9.09% in Auto Components, 9.08% in Pharmaceuticals & Biotech, 8.07% in Debt, 7.31% in Cement & Cement Products

FAQs

How to Invest in SBI Midcap Fund - Direct (IDCW) Direct Growth?

SBI Midcap Fund - Direct (IDCW) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 19.31% since inception. Looking to invest in SBI Midcap Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Midcap Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, SBI Midcap Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Midcap Fund - Direct (IDCW) today and reap the benefits of this Mid Cap Fund fund!

How much returns has SBI Midcap Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, SBI Midcap Fund - Direct (IDCW) has generated annualised return of 2.86%. In the long-term, the fund has generated 22.40% and 29.93% in 3 and 5 years respectively. Since its inception, the fund has generated 19.31% returns.

What is the expense ratio of SBI Midcap Fund - Direct (IDCW) Direct Growth?

The expense ratio of SBI Midcap Fund - Direct (IDCW) Direct Growth is 0.85%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of SBI Midcap Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of SBI Midcap Fund - Direct (IDCW) is ₹23,269 (Cr) as of 2025-07-10 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from SBI Midcap Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of SBI Midcap Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Midcap Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case SBI Midcap Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).