Navi Nifty Midcap 150 Index Fund
Get the latest NAV of Navi Nifty Midcap 150 Index Fund. 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.
₹20.69
1D
NAV as on 24 Apr 2026
19.35%/per year
Since Inception
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31803 people have invested ₹ 4.9Cr in Navi Nifty Midcap 150 Index Fund in the last three months
Peer comparison
Navi Nifty Midcap 150 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Navi Nifty Midcap 150 Index Fund Asset Allocation
See fund asset allocation details as on (13-Apr-26)
Fund Distribution
as on (13-Apr-26)
Navi Nifty Midcap 150 Index Fund Sector Allocation
See fund sector allocation details as on (13-Apr-26)
Sector Allocation
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Financial Services
26%
Industrial
17%
Consumer Cyclical
12%
Financial Services
26%
Industrial
19%
Consumer Cyclical
14%
Navi Nifty Midcap 150 Index Fund Holdings Details
as on (31-Mar-26)
Navi Nifty Midcap 150 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.25% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹319 Cr |
| Inception Date | 11 March, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 37.8% |
| Risk |   Very High Risk |
About Navi Nifty Midcap 150 Index Fund
Navi Nifty Midcap 150 Index Fund is an equity fund. This fund was started on 11 March, 2022. The fund is managed by Ashutosh Shirwaikar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi Nifty Midcap 150 Index Fund has ₹319 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Navi Nifty Midcap 150 Index Fund has given a CAGR return of 19.35% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.48% and 23.19% respectively.
Holdings
Navi Nifty Midcap 150 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Tech, Consumer Defensive, Communication, Utilities, Real Estate, Energy. Its top holdings are BSE Ltd, Hero MotoCorp Ltd, The Federal Bank Ltd, Multi Commodity Exchange of India Ltd, Lupin 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 Navi Nifty Midcap 150 Index Fund
The investment objective of the scheme is to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Navi Nifty Midcap 150 Index Fund has no lock in period.
Fund Manager
Ashutosh Shirwaikar
Fund Manager of Navi Nifty Midcap 150 Index Fund, since 1 August 2023
- AUM of the fund stands at 319.2 Cr as of Mar'26
- AUM decreased by 35.1 Cr between Mar'26 and Feb'26
Frequently Asked Questions for Navi Nifty Midcap 150 Index Fund
How do I invest in Navi Nifty Midcap 150 Index Fund?
- Download the INDmoney app.
- Search for ‘Navi 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.