Nippon India Nifty Midcap 150 Index Fund

Q: What are the returns of this mutual fund scheme?

The Nippon India Nifty Midcap 150 Index Fund is a 4 yrs 8 m old fund and has delivered average annual returns of 21.29% since inception. Nippon India Nifty Midcap 150 Index Fund Returns 1-Year 3-Year Since Inception 6.29% 22.79% 21.29%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹24.669+0.63% 1 day change	21.29% p.a.	App exclusive #NA View Ranked Funds	₹1,941 Cr

Historical NAV & returns

NAV: ₹24.669 as on Oct 20, 2025

This fund Category average

Nippon India Nifty Midcap 150 Index Fund overview

AUM (Fund size)	₹1,941 Cr
Exit load	0%
Lock-in Period	Nil
Age	4 yrs 8 m since Feb 04, 2021
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.8% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Nippon India Nifty Midcap 150 Index Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	2.5%	2.39%
3 Months	1.92%	1.43%
6 Months	11.24%	9.89%
1 Year	6.29%	3.68%
2 Years	22.66%	21.3%
3 Years	22.79%	20.99%
4 Years	17.43%	17.47%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 4.07%

Mid Cap 93.21%

Small Cap 2.86%

Other Cap 0%

Top holdings

BSE Ltd.2.33%

Hero Motocorp Ltd.1.98%

Dixon Technologies (India) Ltd.1.87%

Suzlon Energy Ltd.1.86%

Top sectors

Financial 18.240000000000002%

Capital Goods 11.78%

Services 11.099999999999998%

Healthcare 8.74%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 0.62%

Margin Money 0.00347243%

Other Holdings

Others 0.62%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Nifty Midcap 150 Index Fund	2.5%	11.24%	6.29%	22.79%	N.A.	N.A.
Motilal Oswal Nifty Midcap 150 Index Fund	2.5%	11.24%	6.3%	22.82%	27.08%	14.07%
HDFC NIFTY Midcap 150 Index Fund	2.52%	11.28%	6.28%	22.67%	13.04%	6.32%
SBI Nifty Midcap 150 Index Fund	2.53%	11.33%	6.35%	22.72%	13.28%	6.43%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	2.97%	8.09%	-0.86%	21.38%	12.33%	5.99%
Navi Nifty Midcap 150 Index Fund	2.42%	11.04%	5.86%	22.25%	15.02%	7.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Nifty Midcap 150 Index Fund	15.63	0.99	0.92	1.29
Motilal Oswal Nifty Midcap 150 Index Fund	15.65	0.99	0.92	1.29
HDFC NIFTY Midcap 150 Index Fund	N.A.	N.A.	N.A.	N.A.
SBI Nifty Midcap 150 Index Fund	N.A.	N.A.	N.A.	N.A.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	N.A.	N.A.	N.A.	N.A.
Navi Nifty Midcap 150 Index Fund	15.59	0.99	0.89	1.27

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Nifty Midcap 150 Index Fund	N.A.	1,941 Cr	4 yrs 8 m	0.8%
Motilal Oswal Nifty Midcap 150 Index Fund	N.A.	2,631 Cr	6 yrs 2 m	1.0%
HDFC NIFTY Midcap 150 Index Fund	N.A.	406 Cr	2 yrs 6 m	0.83%
SBI Nifty Midcap 150 Index Fund	N.A.	905 Cr	3 yrs 1 m	0.78%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	N.A.	1,184 Cr	2 yrs 11 m	1.1%
Navi Nifty Midcap 150 Index Fund	N.A.	324 Cr	3 yrs 8 m	1.0%

View all Mid Cap Index funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.87 vs. 2.92 Underperformed at beating benchmark
Sharpe	0.92 vs. 2.24 Poor risk-adjusted returns
Beta	0.99 vs. 0.45 More sensitive to market's ups & downs
Standard deviation	15.63 vs. 6.71 More volatile performance

Compare Nippon India Nifty Midcap 150 Index Fund in detail with

About this fund

About Nippon India Nifty Midcap 150 Index Fund

Nippon India Nifty Midcap 150 Index Fund is a Mid Cap Index mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 4 yrs 8 m, having been launched on 04/02/2021. Nippon India Nifty Midcap 150 Index Fund has ₹1,941 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Nifty Midcap 150 Index Fund as of 20/10/2025 is ₹24.67. The fund has an expense ratio of 0.8%, which is higher than what most other Mid Cap Index funds charge.

Nippon India Nifty Midcap 150 Index Fund returns of last 1-year are 0.38%. Since launch, it has delivered 21.34% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Nippon India Nifty Midcap 150 Index Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Healthcare, Automobile sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in BSE Ltd., Hero Motocorp Ltd., Dixon Technologies (India) Ltd., Suzlon Energy Ltd., PB Fintech Ltd..

...

Fund AUM	1,941 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Himanshu Mange

Mr. Mange has done B.Com and CA Prior to joining Nippon India MF, he has worked with Tata AIA Life Insurance, Pipalia Singhal & Associates, Felix Solutions, Lodha Group and N.B.Gandhi & Co.

Investment objective

The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	66,136 Cr	0.27%	32.7%
Nippon India Power & Infra Fund	N.A.	7,325 Cr	2.92%	32.06%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	5.84%	30.37%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	6.4%	29.58%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,563 Cr	0.61%	26.71%
Nippon India Value Fund	N.A.	8,791 Cr	5.43%	26.07%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Nifty Midcap 150 Index Fund?

The current Net Asset Value (NAV) of the Nippon India Nifty Midcap 150 Index Fund plan is approximately ₹24.669 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Nifty Midcap 150 Index Fund is a 4 yrs 8 m old fund and has delivered average annual returns of 21.29% since inception.

Nippon India Nifty Midcap 150 Index Fund Returns

1-Year	3-Year	Since Inception
6.29%	22.79%	21.29%

How much does this mutual fund charge as expense ratio?

The Nippon India Nifty Midcap 150 Index Fund has an expense ratio of 0.8%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Nippon India Nifty Midcap 150 Index Fund currently has assets under management (AUM) or fund size valued at approximately 1,941 Cr as on Sep 30, 2025.

What are the top stock holdings of Nippon India Nifty Midcap 150 Index Fund?

The Nippon India Nifty Midcap 150 Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
BSE Ltd.	2.33%
Hero Motocorp Ltd.	1.98%
Dixon Technologies (India) Ltd.	1.87%
Suzlon Energy Ltd.	1.86%
PB Fintech Ltd.	1.6%
HDFC Asset Management Company Ltd.	1.57%
Cummins India Ltd.	1.48%
Coforge Ltd.	1.48%
Persistent Systems Ltd.	1.44%
Fortis Healthcare Ltd.	1.41%

What are the top sectors Nippon India Nifty Midcap 150 Index Fund has invested in?

The Nippon India Nifty Midcap 150 Index Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	18.240000000000002%
Capital Goods	11.78%
Services	11.099999999999998%
Healthcare	8.74%
Automobile	8.459999999999999%
Energy	6.81%
Technology	5.8999999999999995%
Consumer Staples	5.330000000000001%
Chemicals	5.010000000000001%
Construction	4.51%

What is risk level of Nippon India Nifty Midcap 150 Index Fund?

This is a Mid Cap Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Nippon India Nifty Midcap 150 Index Fund?

Redeeming your investments in the Nippon India Nifty Midcap 150 Index Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap Index

#NA

Return Outperformance: This fund has generated highest return amongst Mid Cap Index funds in the last 3 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.