ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (18-Jun-25)
₹19.03-0.48%1D
Returns (Since Inception)
20.25%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹732 Cr
Expense Ratio
0.30%
ISIN
INF109KC1W58
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
22 Dec 2021
About this fund
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 3 years, 5 months and 28 days, having been launched on 22-Dec-21.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹19.03, Assets Under Management (AUM) of 731.68 Crores, and an expense ratio of 0.3%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹19.03, Assets Under Management (AUM) of 731.68 Crores, and an expense ratio of 0.3%.
- ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of 20.25% since inception.
- The fund's asset allocation comprises around 99.87% in equities, 0.00% in debts, and 0.13% in cash & cash equivalents.
- You can start investing in ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+2.71%
— (Cat Avg.)
3 Years
+29.93%
— (Cat Avg.)
Since Inception
+20.25%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹730.73 Cr | 99.87% |
| Others | ₹0.95 Cr | 0.13% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| BSE Ltd | Equity | ₹22.83 Cr | 3.12% |
| Suzlon Energy Ltd | Equity | ₹17.8 Cr | 2.43% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹17.54 Cr | 2.40% |
| Persistent Systems Ltd | Equity | ₹12.59 Cr | 1.72% |
| PB Fintech Ltd | Equity | ₹12.23 Cr | 1.67% |
| Coforge Ltd | Equity | ₹11.94 Cr | 1.63% |
| Dixon Technologies (India) Ltd | Equity | ₹11.87 Cr | 1.62% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹10.65 Cr | 1.46% |
| The Federal Bank Ltd | Equity | ₹10.39 Cr | 1.42% |
| HDFC Asset Management Co Ltd | Equity | ₹10.17 Cr | 1.39% |
| Lupin Ltd | Equity | ₹9.92 Cr | 1.36% |
| Cummins India Ltd | Equity | ₹9.27 Cr | 1.27% |
| IDFC First Bank Ltd | Equity | ₹8.84 Cr | 1.21% |
| SRF Ltd | Equity | ₹8.7 Cr | 1.19% |
| Yes Bank Ltd | Equity | ₹8.49 Cr | 1.16% |
| Hindustan Petroleum Corp Ltd | Equity | ₹8.28 Cr | 1.13% |
| Solar Industries India Ltd | Equity | ₹8.21 Cr | 1.12% |
| AU Small Finance Bank Ltd | Equity | ₹8.16 Cr | 1.12% |
| Max Financial Services Ltd | Equity | ₹8.13 Cr | 1.11% |
| Marico Ltd | Equity | ₹7.93 Cr | 1.08% |
| Fortis Healthcare Ltd | Equity | ₹7.72 Cr | 1.06% |
| Sundaram Finance Ltd | Equity | ₹7.41 Cr | 1.01% |
| Godrej Properties Ltd | Equity | ₹7.1 Cr | 0.97% |
| Ashok Leyland Ltd | Equity | ₹7.08 Cr | 0.97% |
| Bharat Heavy Electricals Ltd | Equity | ₹7 Cr | 0.96% |
| Bharat Forge Ltd | Equity | ₹6.94 Cr | 0.95% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹6.91 Cr | 0.94% |
| APL Apollo Tubes Ltd | Equity | ₹6.88 Cr | 0.94% |
| Colgate-Palmolive (India) Ltd | Equity | ₹6.79 Cr | 0.93% |
| Aurobindo Pharma Ltd | Equity | ₹6.73 Cr | 0.92% |
| UPL Ltd | Equity | ₹6.66 Cr | 0.91% |
| PI Industries Ltd | Equity | ₹6.49 Cr | 0.89% |
| One97 Communications Ltd | Equity | ₹6.36 Cr | 0.87% |
| Polycab India Ltd | Equity | ₹6.33 Cr | 0.87% |
| GMR Airports Ltd | Equity | ₹6.32 Cr | 0.86% |
| Mphasis Ltd | Equity | ₹6.1 Cr | 0.83% |
| Page Industries Ltd | Equity | ₹6.09 Cr | 0.83% |
| Voltas Ltd | Equity | ₹6.03 Cr | 0.82% |
| Phoenix Mills Ltd | Equity | ₹6.01 Cr | 0.82% |
| Union Bank of India | Equity | ₹5.95 Cr | 0.81% |
| Mankind Pharma Ltd | Equity | ₹5.84 Cr | 0.80% |
| GE Vernova T&D India Ltd | Equity | ₹5.83 Cr | 0.80% |
| FSN E-Commerce Ventures Ltd | Equity | ₹5.81 Cr | 0.79% |
| NHPC Ltd | Equity | ₹5.8 Cr | 0.79% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹5.79 Cr | 0.79% |
| MRF Ltd | Equity | ₹5.76 Cr | 0.79% |
| Alkem Laboratories Ltd | Equity | ₹5.68 Cr | 0.78% |
| Coromandel International Ltd | Equity | ₹5.67 Cr | 0.77% |
| Supreme Industries Ltd | Equity | ₹5.62 Cr | 0.77% |
| Torrent Power Ltd | Equity | ₹5.48 Cr | 0.75% |
| Jubilant Foodworks Ltd | Equity | ₹5.23 Cr | 0.72% |
| Prestige Estates Projects Ltd | Equity | ₹5.19 Cr | 0.71% |
| NMDC Ltd | Equity | ₹5.16 Cr | 0.71% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹5.13 Cr | 0.70% |
| Sona BLW Precision Forgings Ltd | Equity | ₹5.12 Cr | 0.70% |
| Muthoot Finance Ltd | Equity | ₹4.98 Cr | 0.68% |
| Oil India Ltd | Equity | ₹4.88 Cr | 0.67% |
| Petronet LNG Ltd | Equity | ₹4.83 Cr | 0.66% |
| Rail Vikas Nigam Ltd | Equity | ₹4.83 Cr | 0.66% |
| JK Cement Ltd | Equity | ₹4.82 Cr | 0.66% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹4.78 Cr | 0.65% |
| Tata Elxsi Ltd | Equity | ₹4.68 Cr | 0.64% |
| KEI Industries Ltd | Equity | ₹4.66 Cr | 0.64% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹4.6 Cr | 0.63% |
| KPIT Technologies Ltd | Equity | ₹4.58 Cr | 0.63% |
| Indian Bank | Equity | ₹4.57 Cr | 0.62% |
| Container Corporation of India Ltd | Equity | ₹4.53 Cr | 0.62% |
| Kalyan Jewellers India Ltd | Equity | ₹4.51 Cr | 0.62% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹4.47 Cr | 0.61% |
| Jindal Stainless Ltd | Equity | ₹4.38 Cr | 0.60% |
| Oberoi Realty Ltd | Equity | ₹4.31 Cr | 0.59% |
| Oracle Financial Services Software Ltd | Equity | ₹4.19 Cr | 0.57% |
| Blue Star Ltd | Equity | ₹4.17 Cr | 0.57% |
| Ipca Laboratories Ltd | Equity | ₹4.15 Cr | 0.57% |
| Balkrishna Industries Ltd | Equity | ₹4.15 Cr | 0.57% |
| Tata Communications Ltd | Equity | ₹4.13 Cr | 0.56% |
| Vodafone Idea Ltd | Equity | ₹4.01 Cr | 0.55% |
| Adani Total Gas Ltd | Equity | ₹3.98 Cr | 0.54% |
| Steel Authority Of India Ltd | Equity | ₹3.92 Cr | 0.54% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹3.89 Cr | 0.53% |
| Patanjali Foods Ltd | Equity | ₹3.88 Cr | 0.53% |
| Astral Ltd | Equity | ₹3.87 Cr | 0.53% |
| UNO Minda Ltd | Equity | ₹3.77 Cr | 0.52% |
| LIC Housing Finance Ltd | Equity | ₹3.76 Cr | 0.51% |
| Exide Industries Ltd | Equity | ₹3.69 Cr | 0.50% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹3.64 Cr | 0.50% |
| Lloyds Metals & Energy Ltd | Equity | ₹3.55 Cr | 0.49% |
| Schaeffler India Ltd | Equity | ₹3.53 Cr | 0.48% |
| Hindustan Zinc Ltd | Equity | ₹3.52 Cr | 0.48% |
| Cochin Shipyard Ltd | Equity | ₹3.45 Cr | 0.47% |
| Berger Paints India Ltd | Equity | ₹3.39 Cr | 0.46% |
| National Aluminium Co Ltd | Equity | ₹3.39 Cr | 0.46% |
| Dalmia Bharat Ltd | Equity | ₹3.37 Cr | 0.46% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹3.35 Cr | 0.46% |
| Aditya Birla Capital Ltd | Equity | ₹3.33 Cr | 0.45% |
| Abbott India Ltd | Equity | ₹3.31 Cr | 0.45% |
| Linde India Ltd | Equity | ₹3.31 Cr | 0.45% |
| Apollo Tyres Ltd | Equity | ₹3.18 Cr | 0.43% |
| Biocon Ltd | Equity | ₹3.17 Cr | 0.43% |
| Bank of India | Equity | ₹3.11 Cr | 0.42% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹3.04 Cr | 0.42% |
| Indraprastha Gas Ltd | Equity | ₹3.04 Cr | 0.42% |
| United Breweries Ltd | Equity | ₹2.99 Cr | 0.41% |
| Bandhan Bank Ltd | Equity | ₹2.97 Cr | 0.41% |
| Deepak Nitrite Ltd | Equity | ₹2.92 Cr | 0.40% |
| Bharti Hexacom Ltd | Equity | ₹2.89 Cr | 0.39% |
| L&T Finance Ltd | Equity | ₹2.88 Cr | 0.39% |
| Apar Industries Ltd | Equity | ₹2.87 Cr | 0.39% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹2.86 Cr | 0.39% |
| AIA Engineering Ltd | Equity | ₹2.85 Cr | 0.39% |
| Thermax Ltd | Equity | ₹2.75 Cr | 0.38% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹2.72 Cr | 0.37% |
| CRISIL Ltd | Equity | ₹2.68 Cr | 0.37% |
| General Insurance Corp of India | Equity | ₹2.67 Cr | 0.36% |
| ACC Ltd | Equity | ₹2.66 Cr | 0.36% |
| Gland Pharma Ltd | Equity | ₹2.65 Cr | 0.36% |
| Syngene International Ltd | Equity | ₹2.56 Cr | 0.35% |
| Housing & Urban Development Corp Ltd | Equity | ₹2.54 Cr | 0.35% |
| Motilal Oswal Financial Services Ltd | Equity | ₹2.52 Cr | 0.34% |
| L&T Technology Services Ltd | Equity | ₹2.51 Cr | 0.34% |
| Tata Technologies Ltd | Equity | ₹2.5 Cr | 0.34% |
| Indian Renewable Energy Development Agency Ltd | Equity | ₹2.47 Cr | 0.34% |
| Emami Ltd | Equity | ₹2.42 Cr | 0.33% |
| K.P.R. Mill Ltd | Equity | ₹2.37 Cr | 0.32% |
| Escorts Kubota Ltd | Equity | ₹2.31 Cr | 0.32% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹2.26 Cr | 0.31% |
| Ajanta Pharma Ltd | Equity | ₹2.21 Cr | 0.30% |
| IRB Infrastructure Developers Ltd | Equity | ₹2.13 Cr | 0.29% |
| Global Health Ltd | Equity | ₹2.07 Cr | 0.28% |
| Motherson Sumi Wiring India Ltd | Equity | ₹2.06 Cr | 0.28% |
| Treps | Cash - Repurchase Agreement | ₹2 Cr | 0.27% |
| Vishal Mega Mart Ltd | Equity | ₹1.95 Cr | 0.27% |
| AWL Agri Business Ltd | Equity | ₹1.9 Cr | 0.26% |
| Tata Investment Corp Ltd | Equity | ₹1.83 Cr | 0.25% |
| Endurance Technologies Ltd | Equity | ₹1.8 Cr | 0.25% |
| Bank of Maharashtra | Equity | ₹1.78 Cr | 0.24% |
| Honeywell Automation India Ltd | Equity | ₹1.74 Cr | 0.24% |
| NTPC Green Energy Ltd | Equity | ₹1.74 Cr | 0.24% |
| 3M India Ltd | Equity | ₹1.7 Cr | 0.23% |
| Aditya Birla Lifestyle Brands Ltd. | Equity | ₹1.67 Cr | 0.23% |
| Gujarat Gas Ltd | Equity | ₹1.66 Cr | 0.23% |
| JSW Infrastructure Ltd | Equity | ₹1.66 Cr | 0.23% |
| NLC India Ltd | Equity | ₹1.65 Cr | 0.23% |
| Waaree Energies Ltd | Equity | ₹1.64 Cr | 0.22% |
| Godrej Industries Ltd | Equity | ₹1.54 Cr | 0.21% |
| Premier Energies Ltd | Equity | ₹1.47 Cr | 0.20% |
| SJVN Ltd | Equity | ₹1.44 Cr | 0.20% |
| Sun TV Network Ltd | Equity | ₹1.3 Cr | 0.18% |
| Net Current Assets | Cash | ₹-1.04 Cr | 0.14% |
| Ola Electric Mobility Ltd | Equity | ₹0.95 Cr | 0.13% |
| The New India Assurance Co Ltd | Equity | ₹0.94 Cr | 0.13% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹0.85 Cr | 0.12% |
| Mangalore Refinery and Petrochemicals Ltd | Equity | ₹0.54 Cr | 0.07% |
Allocation By Market Cap (Equity)
Large Cap Stocks
4.97%
Mid Cap Stocks
91.69%
Small Cap Stocks
2.98%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹163.4 Cr | 22.33% |
| Industrials | ₹144.21 Cr | 19.71% |
| Basic Materials | ₹81.36 Cr | 11.12% |
| Healthcare | ₹81.03 Cr | 11.07% |
| Consumer Cyclical | ₹73.81 Cr | 10.09% |
| Technology | ₹70.43 Cr | 9.63% |
| Consumer Defensive | ₹25.91 Cr | 3.54% |
| Utilities | ₹24.8 Cr | 3.39% |
| Communication Services | ₹22.97 Cr | 3.14% |
| Real Estate | ₹22.61 Cr | 3.09% |
| Energy | ₹18.53 Cr | 2.53% |
Risk & Performance Ratios
Standard Deviation
This fund
16.96%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.07
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
NP
Nishit Patel
Since December 2021
AS
Ajaykumar Solanki
Since February 2024
AS
Ashwini Shinde
Since December 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF109KC1W58 | Expense Ratio | 0.30% | Exit Load | No Charges | Fund Size | ₹732 Cr | Age | 3 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Nifty PSE ETF Very High Risk | - | - | - | - |
| Groww Nifty 500 Low Volatility 50 ETF Very High Risk | - | - | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| Nippon India BSE Sensex Next 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal BSE India Infrastructure ETF Very High Risk | - | - | ₹5.21 Cr | - |
| Nippon India BSE Sensex Next 30 ETF Very High Risk | - | - | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
| ICICI Prudential Nifty200 Quality 30 Index Fund Regular Growth Very High Risk | - | 0.0% | - | - |
| Motilal Oswal Nifty Next 50 ETF Very High Risk | - | - | ₹2.78 Cr | - |
| SBI NIFTY 200 Quality 30 Index Fund Direct Growth Very High Risk | - | 0.0% | - | - |
About the AMC
Total AUM
₹9,45,300 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth?
The NAV of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth, as of 18-Jun-2025, is ₹19.03.
What are the returns of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth?
The fund has generated 2.71% over the last 1 year and 29.93% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth?
The fund's allocation of assets is distributed as 99.87% in equities, 0.00% in bonds, and 0.13% in cash and cash equivalents.
Who manages the ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth?
The fund managers responsible for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth are:-
- Nishit Patel
- Ajaykumar Solanki
- Ashwini Shinde
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.