HDFC NIFTY Midcap 150 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 16.15 as on 02-05-2024
About the 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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC NIFTY Midcap 150 Index Fund Direct Growth has ₹112 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
3534 people have invested ₹ 1.2Cr in HDFC NIFTY Midcap 150 Index Fund Direct Growth in the last three months
Overview
 | 0.3% |
 Benchmark | IISL Nifty Midcap 150 TR INR |
 | ₹112 Cr |
 | 21 April, 2023 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 0% |
HDFC NIFTY Midcap 150 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
88.7%
Small cap
6%
Large cap
5.2%
Sector Allocation
Industrial
20.2%
Financial Services
19.3%
Basic Materials
12.7%
Consumer Cyclical
12.5%
Health
11.3%
Tech
8.5%
Real Estate
4.3%
Utilities
4%
Energy
2.7%
Communication
2.6%
Consumer Defensive
2%
Top Holdings of HDFC NIFTY Midcap 150 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings150
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Voltas Ltd | 23.9% |
 Supreme Industries Ltd | 23.8% |
 JSW Energy Ltd | 16.1% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.39% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.05% as on Mar'24
- This fund underperformed Nifty Midcap 150 by 0.34% in Mar'24
AUM Change
- AUM of the fund stands at 105.5 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HDFC NIFTY Midcap 150 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 58.83% since inception which is more than its category average return of 19.44%
Fund Allocations
This fund has an allocation of 99.91% in Equity, 0% in Debt and 0.09% in Cash related instruments
AUM size ₹112 Cr
This fund has AUM of ₹112 Cr which is less than its category average of ₹ 681 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of HDFC NIFTY Midcap 150 Index Fund Direct Growth is ₹16.15 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
HDFC NIFTY Midcap 150 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.29% | 6.29% |
6 Month Returns | 29.59% | 29.59% |
1 Year Returns | 57.82% | 57.82% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.3% as on April 2024
₹112 Cr as on April 2024
Max Healthcare Institute Ltd Ordinary Shares(2.25%), Indian Hotels Co Ltd(1.91%), Suzlon Energy Ltd(1.53%), Persistent Systems Ltd(1.52%), Cummins India Ltd(1.52%) as on April 2024
Industrial(20.15%), Financial Services(19.28%), Basic Materials(12.65%) as on April 2024
The alpha ratio for the HDFC NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | - | - | - |
As on April 2024
The alpha for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | - | - | - |
As on April 2024
The Beta for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for HDFC NIFTY Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC NIFTY Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC NIFTY Midcap 150 Index Fund Direct Growth | 12.95 | - | - |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of HDFC NIFTY Midcap 150 Index Fund Direct Growth is 0%