Nippon India Nifty Midcap 150 Index Fund

Nippon India Nifty Midcap 150 Index Fund

Equity

Nippon Mutual Fund

Index Funds

Get the latest NAV of Nippon India 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.

₹26.46

▲0.4%1D

NAV as on 27 May 2026

20.3%/per year

Since Inception

Absolute Gain%

▲▼

159381 people have invested ₹ 20.1Cr in Nippon India Nifty Midcap 150 Index Fund in the last three months

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Nifty Midcap 150 Index Fund
-
2,337Cr
0.25%
9.13%
22.62%
-0.38
1.00
0.87
1.38
-4.72
UTI Nifty200 Momentum 30 Index Fund
-
8,397Cr
0.46%
1.8%
15.81%
-0.26
1.00
0.55
0.79
-1.39
Motilal Oswal Nifty India Defence Index Fund
-
4,690Cr
0.5%
7.08%
-
--
--
--
--
--
Motilal Oswal Nifty Midcap 150 Index Fund
-
3,408Cr
0.32%
9.28%
22.88%
-0.20
1.00
0.88
1.40
-4.06
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Nippon India Nifty Midcap 150 Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

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Profit

Total Corpus

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Absolute Return
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Nippon India Nifty Midcap 150 Index Fund Asset Allocation

See fund asset allocation details as on (14-May-26)

Fund Distribution

as on (14-May-26)

Mid cap
92.5%
Large cap
3.9%
Small cap
3.6%
Mid Cap allocation has gone up from 92.1% to 92.5%
Mid Cap allocation has gone up from 92.1% to 92.5%
Large Cap allocation has gone down from 4.1% to 3.9%
Large Cap allocation has gone down from 4.1% to 3.9%
Small Cap allocation has gone down from 3.7% to 3.6%
Small Cap allocation has gone down from 3.7% to 3.6%
Cash allocation has gone down from 0.2% to -0%
Cash allocation has gone down from 0.2% to -0%

Nippon India Nifty Midcap 150 Index Fund Sector Allocation

See fund sector allocation details as on (14-May-26)

Sector Allocation

Financial Services
24.4%
Industrial
18.2%
Consumer Cyclical
13.1%
Tech
10.7%
Basic Materials
9.3%
Health
8.5%
Consumer Defensive
4.4%
Real Estate
3.1%
Utilities
3.1%
Communication
2.9%
Energy
2.4%

Top 3 Sectors in April were Financial Services, Industrial & Consumer Cyclical

Apr'26

Financial Services

26%

Industrial

18%

Consumer Cyclical

12%

Mar'26

Financial Services

26%

Industrial

17%

Consumer Cyclical

13%

Nippon India Nifty Midcap 150 Index Fund Holdings Details

as on (30-Apr-26)

Holdings
Weight%
1M Change
BSE Ltd
3.81%
2.5%
Multi Commodity Exchange of India Ltd
1.94%
2.5%
The Federal Bank Ltd
1.81%
2.5%
Suzlon Energy Ltd
1.73%
2.5%
Hero MotoCorp Ltd
1.7%
2.5%
See all
Top Stocks bought last month
BSE Ltd's allocation increased from 3.17% to 3.81%
BSE Ltd's allocation increased from 3.17% to 3.81%
Suzlon Energy Ltd's allocation increased from 1.39% to 1.73%
Suzlon Energy Ltd's allocation increased from 1.39% to 1.73%
Bharat Heavy Electricals Ltd's allocation increased from 1.04% to 1.32%
Bharat Heavy Electricals Ltd's allocation increased from 1.04% to 1.32%
Top Stocks sold last month
The Federal Bank Ltd's allocation decreased from 1.85 % to 1.81 %
The Federal Bank Ltd's allocation decreased from 1.85 % to 1.81 %
Hero MotoCorp Ltd's allocation decreased from 1.9 % to 1.7 %
Hero MotoCorp Ltd's allocation decreased from 1.9 % to 1.7 %
Lupin Ltd's allocation decreased from 1.62 % to 1.43 %
Lupin Ltd's allocation decreased from 1.62 % to 1.43 %

Nippon India Nifty Midcap 150 Index Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.25%
Benchmark
Nifty Midcap 150 TR INR
AUM₹2337 Cr
Inception Date19 February, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
37.28%
Risk
Risk meter
pointer
Very High Risk

About Nippon India Nifty Midcap 150 Index Fund

Nippon India Nifty Midcap 150 Index Fund is an equity fund. This fund was started on 19 February, 2021. The fund is managed by Jitendra Tolani. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Nifty Midcap 150 Index Fund has ₹2337 Cr worth of assets under management (AUM) as on May 2026 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Nippon India Nifty Midcap 150 Index Fund has given a CAGR return of 20.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.13%, 22.62% and 19.07% respectively.

Holdings

Nippon India 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, Multi Commodity Exchange of India Ltd, The Federal Bank Ltd, Suzlon Energy Ltd, Hero MotoCorp 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Nippon India Nifty Midcap 150 Index Fund

The fund employs a passive investment approach designed to track the performance of Nifty Midcap 150 TRI.The Scheme seeks to achieve this goal by investing in securities constituting the Nifty Midcap 150 Index in same proportion as in the Index.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Nifty Midcap 150 Index Fund has no lock in period.

Fund Manager

Jitendra Tolani

Fund Manager of Nippon India Nifty Midcap 150 Index Fund, since 1 February 2025

Learn more about Nippon Mutual Fund
Parameters
Apr'26
Mar'26
Feb'26
AUM
₹ 2.3K Cr
₹ 2K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.3K Cr as of Apr'26
  • AUM increased by 318.8 Cr between Apr'26 and Mar'26

Frequently Asked Questions for Nippon India Nifty Midcap 150 Index Fund

How do I invest in Nippon India Nifty Midcap 150 Index Fund?

INDmoney makes it simple to invest in the Nippon India Nifty Midcap 150 Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India 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.

What is the current NAV of Nippon India Nifty Midcap 150 Index Fund?

The NAV of the fund today is ₹26.46. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Nifty Midcap 150 Index Fund fund has generated a return of 9.13% in 1 year, 22.62% in 3 years, 19.07% in 5 years.

Who is the fund manager of Nippon India Nifty Midcap 150 Index Fund?

The fund managers are Jitendra Tolani.

What is the expense ratio of the fund?

The expense ratio is 0.25%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2337 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Nifty Midcap 150 Index Fund?

The top 3 holdings of the fund are BSE Ltd(3.81%), Multi Commodity Exchange of India Ltd(1.94%), The Federal Bank Ltd(1.81%)