SBI Medium Duration Fund
NAV history
Scorecard
★★★☆☆3/5 vs 12 of 11 Medium Duration Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Medium Duration Fund (same plan and option). 12 of the 11 Medium Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.96% · ranks 7 of 11 Medium Duration Funds
Volatility 1.2% vs 1.4% category avg
0.7% expense vs 0.7% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+7.18%) beats the Medium Duration Fund average (+6.66%)
- Less volatile than its Medium Duration Fund peers (1.2% vs 1.4%)
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Medium Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Medium Duration Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.68% | +0.45% | +0.23% |
| 3M abs | +3.34% | +2.93% | +0.41% |
| 6M abs | +3.74% | +3.30% | +0.44% |
| 1Y CAGR | +7.18% | +6.66% | +0.52% |
| 3Y CAGR | +7.96% | +8.09% | -0.13% |
| 5Y CAGR | +6.91% | +7.27% | -0.36% |
Category average across peers in Medium Duration Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 11 peers in Medium Duration Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
151 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -7.5%17 May 2013 → 28 Aug 2013
Fell over 3 months, back to the old high on 15 Jan 2014 — 5 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +4.56% | |
| 2025 | +8.00% | |
| 2024 | +8.69% | |
| 2023 | +7.81% | |
| 2022 | +3.97% | |
| 2021 | +4.41% | |
| 2020 | +12.78% | |
| 2019 | +11.40% | |
| 2018 | +7.17% | |
| 2017 | +8.55% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIDown +5% from its peak of ₹6,782Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into SBI Medium Duration Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
SBI in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
SBI Mutual Fund sells 71,698 Pakka Ltd shares, stake falls to 6.45%
scanx.trade · 5h ago
SBI Mutual Fund reduces Neogen Chemicals stake to 6.03% under SAST Reg 29
scanx.trade · 1d ago
SBI Mutual Fund acquires 5.2% stake in Tenneco Clean Air India
scanx.trade · 4d ago
SBI Mutual Fund raises Urban Company stake to 8.84% with 2.27% buy
scanx.trade · 4d ago
Portfolio rejig: Here's what top 3 mutual fund houses bought & sold in July
Business Standard · 4d ago
HDFC MF leads retail and HNI AUM; SBI dominates affluent investor base in B30 cities
Cafemutual · 4d ago
SBI Mutual Fund - PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July
The Economic Times · 5d ago
SBI Mutual Fund: SBI, RIL, and HDFC Bank among top 10 stock holdings in July
The Economic Times · 7d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of SBI Medium Duration Fund?
As of 20 Aug 2026, the NAV of SBI Medium Duration Fund is ₹59.64 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has SBI Medium Duration Fund delivered?
SBI Medium Duration Fund has returned +7.18% over 1 year, +7.96% per year over 3 years, +6.91% per year over 5 years and +8.83% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of SBI Medium Duration Fund?
SBI Medium Duration Fund charges an expense ratio of 0.72% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of SBI Medium Duration Fund?
Its largest holdings are GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 (6.4%), GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 (5.5%), GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC (4.7%), JSW Kalinga Steel Ltd. (4.3%) and GOI Sec 7.18 14/08/2033 (3.9%). Holdings are disclosed monthly and change over time.
How risky is SBI Medium Duration Fund?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.2% and its worst peak-to-trough fall in our sample was -7.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 1.21 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. SBI Medium Duration Fund's 1.21 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of SBI Medium Duration Fund?
SBI Medium Duration Fund is benchmarked against the NIFTY Medium Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.
Who manages SBI Medium Duration Fund?
SBI Medium Duration Fund is managed by Lokesh Mallya, Pradeep Kesavan and Mohit Jain at SBI.
How is SBI Medium Duration Fund taxed?
SBI Medium Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.