Groww Nifty Midcap 150 Index Fund Direct Growth

Equity

Groww Mutual Fund

Index Funds

Get the latest NAV of Groww 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.

₹10.00

NAV as on 08 Nov 2025

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
UTI Nifty200 Momentum 30 Index Fund Direct Growth	-	8,204Cr	0.45%	-8.87%	16.09%	-0.17	1.00	0.61	0.90	-1.07
Motilal Oswal Nifty India Defence Index Fund Direct Growth	-	3,703Cr	0.44%	22.84%	-	--	--	--	--	--
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth	-	2,631Cr	0.26%	4.33%	22.69%	-0.19	1.00	1.01	1.66	-3.22
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth	-	2,618Cr	0.5%	-7.61%	-	--	--	--	--	--

See all

Groww Nifty Midcap 150 Index Fund Direct Growth Overview

NAV Price	₹ 10
Launch Date	28 October 2025
End Date	11 November 2025
Allotment Date	25 November 2025
Exit Load	0%
Benchmark	Nifty Midcap 150 TR INR
Min Lumpsum/SIP	₹500/₹500
Risk	Very High Risk

About Groww Nifty Midcap 150 Index Fund

Groww Nifty Midcap 150 Index Fund Direct Growth is an equity new fund offer (NFO) launched by Groww Asset Management Ltd.. The investors can apply to the NFO from 28 October 2025 to 11 November 2025. As per the SEBI defined riskometer, the Groww Nifty Midcap 150 Index Fund Direct Growth is rated Very High Risk.

Groww Nifty Midcap 150 Index Fund Direct Growth has defined its benchmark as Nifty Midcap 150 TR INR.

Fund Manager

Shashi Kumar

Fund Manager of Groww Nifty Midcap 150 Index Fund Direct Growth, since 25 November 2025

Aakash Chauhan

Fund Manager of Groww Nifty Midcap 150 Index Fund Direct Growth, since 25 November 2025

Nikhil Satam

Fund Manager of Groww Nifty Midcap 150 Index Fund Direct Growth, since 25 November 2025

Learn more about Groww Mutual Fund

Frequently Asked Questions for Groww Nifty Midcap 150 Index Fund Direct Growth

What is the start date of Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer)?

Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer) start date: 2025-10-28.

What is the close date of Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer)?

Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer) close date: 2025-11-11.

What is the unit value (NAV) Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer)?

Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer) NAV: Rs. ₹10.

Who is the fund manager of Groww Nifty Midcap 150 Index Fund Direct Growth as per NFO filings?

Shashi Kumar ,Aakash Chauhan ,Nikhil Satam is the Fund Manager of Groww Nifty Midcap 150 Index Fund Direct Growth as per NFO filings?

What is the allotment date of the Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer)?

Groww Nifty Midcap 150 Index Fund Direct Growth NFO (new fund offer) allotment date: 2025-11-25