HDFC NIFTY Midcap 150 Index Fund Direct Growth
Get the latest NAV of HDFC NIFTY Midcap 150 Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹19.73
▲0.1%1D
NAV as on 08 Sep 2026
22.25%/per year
Since Inception
▲▼
6786 people have invested ₹ 5.8Cr in HDFC NIFTY Midcap 150 Index Fund in the last three months
Peer comparison
HDFC NIFTY Midcap 150 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
HDFC NIFTY Midcap 150 Index Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
HDFC NIFTY Midcap 150 Index Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical
Financial Services
27%
Industrial
17%
Consumer Cyclical
12%
Financial Services
27%
Industrial
18%
Consumer Cyclical
12%
HDFC NIFTY Midcap 150 Index Fund Holdings Details
as on (31-Aug-26)
HDFC NIFTY Midcap 150 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.35% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹687 Cr |
| Inception Date | 21 April, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 26.37% |
| Risk |   Very High Risk |
About HDFC NIFTY Midcap 150 Index Fund
HDFC NIFTY Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 21 April, 2023. The fund is managed by Arun Agarwal, Nandita Menezes. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC NIFTY Midcap 150 Index Fund has ₹687 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
HDFC NIFTY Midcap 150 Index Fund has given a CAGR return of 22.25% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.84% and 14.72% respectively.
Holdings
HDFC NIFTY Midcap 150 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Basic Materials, Consumer Defensive, Communication, Utilities, Real Estate, Energy. Its top holdings are BSE Ltd, The Federal Bank Ltd, Laurus Labs Ltd, Hero MotoCorp Ltd, Multi Commodity Exchange of India Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HDFC NIFTY Midcap 150 Index Fund
To generate returns that are commensurate (before fees and expenses) with the performance of the NIFTY Midcap 150 Index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC NIFTY Midcap 150 Index Fund has no lock in period.
Fund Manager
Arun Agarwal
Fund Manager of HDFC NIFTY Midcap 150 Index Fund, since 21 April 2023
Nandita Menezes
Fund Manager of HDFC NIFTY Midcap 150 Index Fund, since 29 March 2025
- AUM of the fund stands at 687.1 Cr as of Jul'26
- AUM increased by 36.5 Cr between Jul'26 and Jun'26
Frequently Asked Questions for HDFC NIFTY Midcap 150 Index Fund Direct Growth
How do I invest in HDFC NIFTY Midcap 150 Index Fund?
- Download the INDmoney app.
- Search for ‘HDFC NIFTY Midcap 150 Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.