Nippon India Nifty Midcap 150 Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (17-May-24)
₹22.171.05%1D
Returns (Since Inception)
27.87%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,269 Cr
Expense Ratio
0.30%
ISIN
INF204KB18Z7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
19 Feb 2021
About this fund
Nippon India Nifty Midcap 150 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 3 years, 3 months and 1 days, having been launched on 19-Feb-21.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹22.17, Assets Under Management (AUM) of 1269.37 Crores, and an expense ratio of 0.3%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹22.17, Assets Under Management (AUM) of 1269.37 Crores, and an expense ratio of 0.3%.
- Nippon India Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of 27.87% since inception.
- The fund's asset allocation comprises around 100.01% in equities, 0.00% in debts, and -0.01% in cash & cash equivalents.
- You can start investing in Nippon India 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
+57.00%
— (Cat Avg.)
3 Years
+27.58%
— (Cat Avg.)
Since Inception
+27.87%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹1,269.55 Cr | 100.01% |
| Others | ₹-0.18 Cr | -0.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹27.52 Cr | 2.17% |
| Indian Hotels Co Ltd | Equity | ₹22.2 Cr | 1.75% |
| Yes Bank Ltd | Equity | ₹20.34 Cr | 1.60% |
| Cummins India Ltd | Equity | ₹19.73 Cr | 1.55% |
| Suzlon Energy Ltd | Equity | ₹19.57 Cr | 1.54% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹17.65 Cr | 1.39% |
| Lupin Ltd | Equity | ₹17.62 Cr | 1.39% |
| HDFC Asset Management Co Ltd | Equity | ₹17.33 Cr | 1.36% |
| PB Fintech Ltd | Equity | ₹16.95 Cr | 1.34% |
| BSE Ltd | Equity | ₹16.75 Cr | 1.32% |
| The Federal Bank Ltd | Equity | ₹16.16 Cr | 1.27% |
| Bharat Heavy Electricals Ltd | Equity | ₹16.09 Cr | 1.27% |
| CG Power & Industrial Solutions Ltd | Equity | ₹15.76 Cr | 1.24% |
| Persistent Systems Ltd | Equity | ₹15.42 Cr | 1.21% |
| Voltas Ltd | Equity | ₹14.93 Cr | 1.18% |
| Macrotech Developers Ltd | Equity | ₹14.74 Cr | 1.16% |
| Supreme Industries Ltd | Equity | ₹14.54 Cr | 1.15% |
| Bharat Forge Ltd | Equity | ₹14.43 Cr | 1.14% |
| IDFC First Bank Ltd | Equity | ₹14.42 Cr | 1.14% |
| Aurobindo Pharma Ltd | Equity | ₹14.38 Cr | 1.13% |
| Sundaram Finance Ltd | Equity | ₹14.26 Cr | 1.12% |
| Hindustan Petroleum Corp Ltd | Equity | ₹14.02 Cr | 1.10% |
| Dixon Technologies (India) Ltd | Equity | ₹13.94 Cr | 1.10% |
| Coforge Ltd | Equity | ₹13.85 Cr | 1.09% |
| AU Small Finance Bank Ltd | Equity | ₹13.53 Cr | 1.07% |
| Godrej Properties Ltd | Equity | ₹13.38 Cr | 1.05% |
| NHPC Ltd | Equity | ₹13.28 Cr | 1.05% |
| Union Bank of India | Equity | ₹13.05 Cr | 1.03% |
| PI Industries Ltd | Equity | ₹13.03 Cr | 1.03% |
| Phoenix Mills Ltd | Equity | ₹12.98 Cr | 1.02% |
| NMDC Ltd | Equity | ₹12.89 Cr | 1.02% |
| Container Corporation of India Ltd | Equity | ₹12.5 Cr | 0.98% |
| Ashok Leyland Ltd | Equity | ₹12.29 Cr | 0.97% |
| APL Apollo Tubes Ltd | Equity | ₹12.26 Cr | 0.97% |
| MRF Ltd | Equity | ₹12.01 Cr | 0.95% |
| JSW Energy Ltd | Equity | ₹11.94 Cr | 0.94% |
| Polycab India Ltd | Equity | ₹11.7 Cr | 0.92% |
| Astral Ltd | Equity | ₹11.6 Cr | 0.91% |
| Sona BLW Precision Forgings Ltd | Equity | ₹11.38 Cr | 0.90% |
| UPL Ltd | Equity | ₹11.31 Cr | 0.89% |
| Torrent Power Ltd | Equity | ₹11.2 Cr | 0.88% |
| Max Financial Services Ltd | Equity | ₹10.98 Cr | 0.87% |
| Tata Elxsi Ltd | Equity | ₹10.9 Cr | 0.86% |
| Alkem Laboratories Ltd | Equity | ₹10.76 Cr | 0.85% |
| FSN E-Commerce Ventures Ltd | Equity | ₹10.74 Cr | 0.85% |
| KPIT Technologies Ltd | Equity | ₹10.72 Cr | 0.84% |
| Jindal Stainless Ltd | Equity | ₹10.58 Cr | 0.83% |
| Steel Authority Of India Ltd | Equity | ₹10.52 Cr | 0.83% |
| Petronet LNG Ltd | Equity | ₹10.33 Cr | 0.81% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹10.17 Cr | 0.80% |
| Fortis Healthcare Ltd | Equity | ₹10.13 Cr | 0.80% |
| KEI Industries Ltd | Equity | ₹9.91 Cr | 0.78% |
| Oil India Ltd | Equity | ₹9.84 Cr | 0.78% |
| Solar Industries India Ltd | Equity | ₹9.72 Cr | 0.77% |
| Page Industries Ltd | Equity | ₹9.46 Cr | 0.75% |
| GMR Airports Infrastructure Ltd | Equity | ₹9.34 Cr | 0.74% |
| LIC Housing Finance Ltd | Equity | ₹9.04 Cr | 0.71% |
| Tata Communications Ltd | Equity | ₹8.96 Cr | 0.71% |
| Prestige Estates Projects Ltd | Equity | ₹8.59 Cr | 0.68% |
| Balkrishna Industries Ltd | Equity | ₹8.54 Cr | 0.67% |
| Mphasis Ltd | Equity | ₹8.53 Cr | 0.67% |
| Indian Bank | Equity | ₹8.51 Cr | 0.67% |
| Bank of India | Equity | ₹8.45 Cr | 0.67% |
| Muthoot Finance Ltd | Equity | ₹8.27 Cr | 0.65% |
| Ipca Laboratories Ltd | Equity | ₹7.99 Cr | 0.63% |
| Thermax Ltd | Equity | ₹7.89 Cr | 0.62% |
| Oracle Financial Services Software Ltd | Equity | ₹7.88 Cr | 0.62% |
| Jubilant Foodworks Ltd | Equity | ₹7.86 Cr | 0.62% |
| Laurus Labs Ltd | Equity | ₹7.85 Cr | 0.62% |
| Linde India Ltd | Equity | ₹7.8 Cr | 0.61% |
| Delhivery Ltd | Equity | ₹7.77 Cr | 0.61% |
| Oberoi Realty Ltd | Equity | ₹7.65 Cr | 0.60% |
| ACC Ltd | Equity | ₹7.59 Cr | 0.60% |
| Mankind Pharma Ltd | Equity | ₹7.56 Cr | 0.60% |
| Apollo Tyres Ltd | Equity | ₹7.47 Cr | 0.59% |
| JK Cement Ltd | Equity | ₹7.4 Cr | 0.58% |
| Tata Chemicals Ltd | Equity | ₹7.39 Cr | 0.58% |
| Deepak Nitrite Ltd | Equity | ₹7.35 Cr | 0.58% |
| Indraprastha Gas Ltd | Equity | ₹7.28 Cr | 0.57% |
| Aditya Birla Capital Ltd | Equity | ₹7.2 Cr | 0.57% |
| Rail Vikas Nigam Ltd | Equity | ₹7.15 Cr | 0.56% |
| Carborundum Universal Ltd | Equity | ₹6.96 Cr | 0.55% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹6.87 Cr | 0.54% |
| Bandhan Bank Ltd | Equity | ₹6.86 Cr | 0.54% |
| Procter & Gamble Hygiene and Health Care Ltd | Equity | ₹6.75 Cr | 0.53% |
| United Breweries Ltd | Equity | ₹6.69 Cr | 0.53% |
| AIA Engineering Ltd | Equity | ₹6.67 Cr | 0.53% |
| Schaeffler India Ltd | Equity | ₹6.65 Cr | 0.52% |
| Dalmia Bharat Ltd | Equity | ₹6.42 Cr | 0.51% |
| Poonawalla Fincorp Ltd | Equity | ₹6.4 Cr | 0.50% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹6.35 Cr | 0.50% |
| Coromandel International Ltd | Equity | ₹6.31 Cr | 0.50% |
| Patanjali Foods Ltd | Equity | ₹6.3 Cr | 0.50% |
| Abbott India Ltd | Equity | ₹6.23 Cr | 0.49% |
| Net Current Assets | Cash | ₹-6.21 Cr | 0.49% |
| L&T Finance Ltd | Equity | ₹6.07 Cr | 0.48% |
| Zee Entertainment Enterprises Ltd | Equity | ₹6.01 Cr | 0.47% |
| Triparty Repo | Cash - Repurchase Agreement | ₹5.99 Cr | 0.47% |
| Biocon Ltd | Equity | ₹5.88 Cr | 0.46% |
| UNO Minda Ltd | Equity | ₹5.82 Cr | 0.46% |
| L&T Technology Services Ltd | Equity | ₹5.66 Cr | 0.45% |
| Syngene International Ltd | Equity | ₹5.53 Cr | 0.44% |
| Sundaram Fasteners Ltd | Equity | ₹5.31 Cr | 0.42% |
| Gland Pharma Ltd | Equity | ₹5.25 Cr | 0.41% |
| Motherson Sumi Wiring India Ltd | Equity | ₹5.14 Cr | 0.41% |
| Escorts Kubota Ltd | Equity | ₹4.94 Cr | 0.39% |
| Piramal Enterprises Ltd | Equity | ₹4.88 Cr | 0.38% |
| One97 Communications Ltd | Equity | ₹4.83 Cr | 0.38% |
| Hindustan Zinc Ltd | Equity | ₹4.8 Cr | 0.38% |
| SKF India Ltd | Equity | ₹4.77 Cr | 0.38% |
| CRISIL Ltd | Equity | ₹4.66 Cr | 0.37% |
| Timken India Ltd | Equity | ₹4.57 Cr | 0.36% |
| Vodafone Idea Ltd | Equity | ₹4.56 Cr | 0.36% |
| Ramco Cements Ltd | Equity | ₹4.5 Cr | 0.35% |
| Honeywell Automation India Ltd | Equity | ₹4.42 Cr | 0.35% |
| Kajaria Ceramics Ltd | Equity | ₹4.42 Cr | 0.35% |
| Grindwell Norton Ltd | Equity | ₹4.38 Cr | 0.35% |
| Ajanta Pharma Ltd | Equity | ₹4.28 Cr | 0.34% |
| Emami Ltd | Equity | ₹4.24 Cr | 0.33% |
| Atul Ltd | Equity | ₹4.22 Cr | 0.33% |
| SJVN Ltd | Equity | ₹4.22 Cr | 0.33% |
| Gujarat Gas Ltd | Equity | ₹4.17 Cr | 0.33% |
| Kalyan Jewellers India Ltd | Equity | ₹4.16 Cr | 0.33% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹4.02 Cr | 0.32% |
| Bata India Ltd | Equity | ₹3.9 Cr | 0.31% |
| Dr. Lal PathLabs Ltd | Equity | ₹3.86 Cr | 0.30% |
| 3M India Ltd | Equity | ₹3.81 Cr | 0.30% |
| General Insurance Corp of India | Equity | ₹3.77 Cr | 0.30% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹3.76 Cr | 0.30% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹3.71 Cr | 0.29% |
| Lloyds Metals & Energy Ltd | Equity | ₹3.66 Cr | 0.29% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹3.65 Cr | 0.29% |
| K.P.R. Mill Ltd | Equity | ₹3.34 Cr | 0.26% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹3.15 Cr | 0.25% |
| Endurance Technologies Ltd | Equity | ₹3.08 Cr | 0.24% |
| Bank of Maharashtra | Equity | ₹3.08 Cr | 0.24% |
| Bayer CropScience Ltd | Equity | ₹3.07 Cr | 0.24% |
| Tata Technologies Ltd | Equity | ₹3.07 Cr | 0.24% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹2.88 Cr | 0.23% |
| Devyani International Ltd | Equity | ₹2.85 Cr | 0.22% |
| JSW Infrastructure Ltd | Equity | ₹2.79 Cr | 0.22% |
| Godrej Industries Ltd | Equity | ₹2.72 Cr | 0.21% |
| ICICI Securities Ltd | Equity | ₹2.71 Cr | 0.21% |
| The New India Assurance Co Ltd | Equity | ₹2.71 Cr | 0.21% |
| Vedant Fashions Ltd | Equity | ₹2.57 Cr | 0.20% |
| Kansai Nerolac Paints Ltd | Equity | ₹2.51 Cr | 0.20% |
| Adani Wilmar Ltd | Equity | ₹2.47 Cr | 0.19% |
| Sun TV Network Ltd | Equity | ₹2.4 Cr | 0.19% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹2.22 Cr | 0.17% |
| IDBI Bank Ltd | Equity | ₹2.15 Cr | 0.17% |
| The Fertilizers & Chemicals Travancore Ltd | Equity | ₹2.05 Cr | 0.16% |
| Metro Brands Ltd | Equity | ₹1.42 Cr | 0.11% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
5.11%
Mid Cap Stocks
88.67%
Small Cap Stocks
6.24%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹266.04 Cr | 20.96% |
| Financial Services | ₹249.12 Cr | 19.63% |
| Basic Materials | ₹163.94 Cr | 12.92% |
| Consumer Cyclical | ₹154.87 Cr | 12.20% |
| Healthcare | ₹138.6 Cr | 10.92% |
| Technology | ₹94.79 Cr | 7.47% |
| Real Estate | ₹57.35 Cr | 4.52% |
| Utilities | ₹52.08 Cr | 4.10% |
| Energy | ₹34.19 Cr | 2.69% |
| Communication Services | ₹32.11 Cr | 2.53% |
| Consumer Defensive | ₹26.46 Cr | 2.08% |
Risk & Performance Ratios
Standard Deviation
This fund
14.91%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.37
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Himanshu Mange
Since December 2023
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF204KB18Z7 | Expense Ratio | 0.30% | Exit Load | No Charges | Fund Size | ₹1,269 Cr | Age | 19 Feb 2021 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹399.16 Cr | 56.7% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹399.16 Cr | 55.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹156.71 Cr | 67.9% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹400.29 Cr | 56.1% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1345.87 Cr | 35.9% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹711.53 Cr | 62.5% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹400.29 Cr | 57.0% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹156.71 Cr | 69.0% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1345.87 Cr | 36.7% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹711.53 Cr | 61.6% |
About the AMC
Total AUM
₹4,54,004 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Nippon India Nifty Midcap 150 Index Fund Direct Growth?
The NAV of Nippon India Nifty Midcap 150 Index Fund Direct Growth, as of 17-May-2024, is ₹22.17.
What are the returns of Nippon India Nifty Midcap 150 Index Fund Direct Growth?
The fund has generated 57.00% over the last 1 year and 27.58% 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 Nippon India Nifty Midcap 150 Index Fund Direct Growth?
The fund's allocation of assets is distributed as 100.01% in equities, 0.00% in bonds, and -0.01% in cash and cash equivalents.
Who manages the Nippon India Nifty Midcap 150 Index Fund Direct Growth?
The fund managers responsible for Nippon India Nifty Midcap 150 Index Fund Direct Growth are:-
- Himanshu Mange
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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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.
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.