Bandhan Nifty Midcap 150 Index Fund vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Direct Plan, Growth option · Data as on 30-10-2026

Bandhan Nifty Midcap 150 Index Fund is an Index fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund. In the year to 30-10-2026, Bandhan Nifty Midcap 150 Index Fund (Direct) returned −4.8% and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct) returned 0.0%. Bandhan Nifty Midcap 150 Index Fund charges 0.63% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78% (Direct plans). Their portfolios overlap 43.7%: they hold 50 of the same securities.

Bandhan Nifty Midcap 150 Index Fund

Index

1 year return: −4.8%
Expense ratio: 0.63%
NAV: ₹9.59

See Bandhan Nifty Midcap 150 Index Fund

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Index

1 year return: 0.0%
Expense ratio: 0.78%
NAV: ₹11.20

See UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Which is better, Bandhan Nifty Midcap 150 Index or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index? Key differences

It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index returned more over 1 year: 0.0% against −4.8%.
Bandhan Nifty Midcap 150 Index costs less: 0.63% a year against 0.78% (Direct plans).
Bandhan Nifty Midcap 150 Index fell less in its worst fall since 18-02-2025: −14.0% against −17.4%.
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index is the larger fund: ₹130 Cr against ₹93 Cr.
Their portfolios overlap 43.7%: 50 of the same holdings.

Past returns do not promise future returns. This page is information, not investment advice.

NAV comparison

How each fund's NAV moved over the same days, as % change since the first day of the range

Bandhan Nifty Midcap 150 Index Fund (Direct)
+11.4%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
+15.2%

Change in NAV from 18-02-2025 to 30-10-2026

0%+10%+20%+30%

Key facts

From each fund's scheme summary document and AMFI

Fact	Bandhan Nifty Midcap 150 Index Fund	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Fund house	Bandhan Mutual Fund	UTI Mutual Fund
Category	Index	Index
AUM	₹93 Cr (31-08-2026)	₹130 Cr (30-09-2026)
NAV	₹9.59 (Direct)	₹11.20 (Direct)
Expense ratio (Direct)	0.63%	0.78%
Expense ratio (Regular)	1.41%	1.27%
Riskometer	Very High	Very High
Benchmark	Nifty Midcap 150 TRI	Nifty MidSmallcap400 Momentum Quality 100 TRI
Launch date	19-09-2024	13-02-2025
Minimum investment	₹1,000	₹1,000
Lock in	None	None
Fund managers	Abhishek Jain	Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3
Exit load	• 0.25% if redeemed on or before 15 days from the allotment date. • Nil if redeemed after 15 days from allotment date.	Nil

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Returns Comparison

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Fund	1M	3M	6M	1Y	3Y	5Y	10Y
Bandhan Nifty Midcap 150 Index Fund (Direct)	−3.74%	−8.57%	−4.22%	−4.85%	--	--	--
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	−1.53%	−3.37%	−0.88%	+0.01%	--	--	--

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Year-wise Returns

Year	Bandhan Nifty Midcap 150Bandhan Nifty Midcap 150 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
2026to date	−5.41%	+2.89%
2025	+5.26%	--

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Rolling Returns

Every holding period of both funds, against Nifty Midcap 150 TRI, the benchmark of Bandhan Nifty Midcap 150 Index Fund

Rolling returns

Every 1-year holding period, 173 of them, one for each trading day from 18-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.

−10%−5%0%5%10%15%20%25%

Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026

Bandhan Nifty Midcap 150 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)Nifty Midcap 150 TRI

How the periods spread

Fund	Below 0%	0-5%	5-10%	10-15%	15-20%	20-25%	Mean	Median	Lowest	Highest	Beat benchmark
Bandhan Nifty Midcap 150 Index	7.5	23.7	35.3	22.0	9.2	2.3	7.9%	7.5%	−6.0%	23.0%	0%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index	15.8	36.3	32.2	15.2	0.6	0.0	4.9%	4.5%	−4.6%	15.3%	13%
Nifty Midcap 150 TRI	5.2	19.7	39.9	22.5	9.2	3.5	8.5%	8.2%	−5.5%	23.9%	--

The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Midcap 150 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 18-02-2025. Past returns do not promise future returns.

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: SIP and Lumpsum Returns

What the same monthly or one-time investment would be worth in each fund today, from their own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Bandhan Nifty Midcap 150 IndexBandhan Nifty Midcap 150 Index Fund (Direct)	₹2,10,000	₹2,08,484	−₹1,516	−0.8%
UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	₹2,10,000	₹2,16,535	₹6,535	3.4%

₹0₹50,000₹1.0 L₹1.5 L₹2.0 L₹2.5 L

2026

Bandhan Nifty Midcap 150 IndexBandhan Nifty Midcap 150 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 IndexUTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Risk and Drawdowns

How much each fund swings, and the worst fall over the same days

Risk and return

Measure	Bandhan Nifty Midcap 150 Index Fund (Direct)	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Return (CAGR)	−4.85%	+0.01%
Standard deviation	16.56%	17.61%
Sharpe ratio	-0.61	-0.30
Sortino ratio	-0.82	-0.41
Maximum drawdown	−14.0% (30-03-2026)	−14.6% (23-03-2026)
Beta	1.00	1.00
Alpha	−0.48%	−0.47%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Measure	Bandhan Nifty Midcap 150 Index Fund (Direct)	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)
Return (CAGR)	−2.63%	+8.71%
Standard deviation	16.97%	17.80%
Sharpe ratio	-0.49	0.18
Sortino ratio	-0.65	0.26
Maximum drawdown	−21.1% (28-02-2025)	−17.4% (23-03-2026)
Beta	1.00	1.00
Alpha	−0.61%	−0.54%

From daily NAVs, 20-09-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−20%−15%−10%−5%0%

2026

Bandhan Nifty Midcap 150 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)Nifty Midcap 150 TRI

Fund	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Bandhan Nifty Midcap 150 Index Fund (Direct)	−14.0%	07-01-2026	30-03-2026	07-05-2026	38 days	−10.6%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	−17.4%	10-06-2025	23-03-2026	27-05-2026	2 months	−7.1%
Nifty Midcap 150 TRI	−13.9%	07-01-2026	30-03-2026	07-05-2026	38 days	−10.5%

From daily values since 18-02-2025, the first day every fund has.

Rolling standard deviation

Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

0%5%10%15%20%

Bandhan Nifty Midcap 150 Index Fund (Direct)UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)Nifty Midcap 150 TRI

Against Nifty Midcap 150 TRI

Fund	Up capture	Down capture	Tracking error
Bandhan Nifty Midcap 150 Index Fund (Direct)	98%	101%	0.33%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund (Direct)	98%	96%	5.41%

From month-end values since 18-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Portfolio Overlap

From each fund's latest monthly portfolio: Bandhan Nifty Midcap 150 Index Fund, August 2026; UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund, September 2026

Holdings in common

Overlap: 43.7%
Held by both: 50
Only in Bandhan Nifty Midcap 150 Index: 100
Only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: 50

Security	% of Bandhan Nifty Midcap 150 Index	% of UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
BSE Limited	3.13%	4.16%
The Federal Bank Limited	2.05%	4.11%
Multi Commodity Exchange of India Limited	2.02%	3.79%
Laurus Labs Limited	1.74%	4.78%
Hero MotoCorp Limited	1.65%	2.28%
Dixon Technologies (India) Limited	1.44%	2.15%
AU Small Finance Bank Limited	1.44%	2.03%
Persistent Systems Limited	1.42%	1.63%
Suzlon Energy Limited	1.35%	1.91%
Bharat Forge Limited	1.31%	2.80%
GE Vernova T&D India Limited	1.28%	2.56%
Coforge Limited	1.61%	1.26%
Lupin Limited	1.24%	2.21%
Polycab India Limited	1.18%	2.47%
Indus Towers Limited	1.17%	1.16%
Aurobindo Pharma Limited	1.11%	2.35%
Marico Limited	1.01%	2.20%
Hitachi Energy India Limited	1.00%	2.45%
APL Apollo Tubes Limited	0.94%	1.19%
Glenmark Pharmaceuticals Limited	0.87%	1.10%
KEI Industries Limited	0.83%	1.32%
Radico Khaitan Limited	0.82%	1.56%
National Aluminium Company Limited	0.80%	1.37%
Mphasis Limited	0.75%	0.74%
Indian Bank	0.74%	1.01%
360 One WAM Limited	0.71%	0.76%
NMDC Limited	0.71%	1.05%
Apar Industries Limited	0.70%	1.89%
Oracle Financial Services Software Limited	0.70%	1.36%
L&T Finance Limited	0.64%	0.75%
Colgate Palmolive (India) Limited	0.58%	1.23%
UNO Minda Limited	0.54%	0.53%
Coromandel International Limited	0.53%	0.59%
Page Industries Limited	0.53%	1.03%
Nippon Life India Asset Management Limited	0.49%	1.06%
PI Industries Limited	0.45%	0.49%
Blue Star Limited	0.44%	0.56%
Astral Limited	0.43%	0.48%
Adani Total Gas Limited	0.40%	0.60%
Bank of Maharashtra	0.39%	0.97%
Motilal Oswal Financial Services Limited	0.38%	0.59%
Ajanta Pharma Limited	0.35%	0.81%
Thermax Limited	0.35%	0.78%
Linde India Limited	0.31%	0.54%
K.P.R. Mill Limited	0.31%	0.46%
Tata Elxsi Limited	0.29%	0.32%
Bharat Dynamics Limited	0.27%	0.28%
L&T Technology Services Limited	0.23%	0.25%
KPIT Technologies Limited	0.22%	0.23%
Godfrey Phillips India Limited	0.20%	0.23%

Overlap: for each holding both funds own, the smaller of its two weights, added up. 43.7% means 43.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.

Largest holdings only in Bandhan Nifty Midcap 150 Index Fund

Security	% of fund
One 97 Communications Limited	1.69%
IndusInd Bank Limited	1.56%
Bharat Heavy Electricals Limited	1.51%
PB Fintech Limited	1.51%
IDFC First Bank Limited	1.33%

Largest holdings only in UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund

Security	% of fund
EQ - WELSPUN CORP LTD.	2.35%
EQ - SONA BLW PRECISION FORGING LTD	1.76%
EQ - ANAND RATHI WEALTH LTD	1.54%
EQ - ACUTAAS CHEMICALS LIMITED	1.53%
EQ - KARUR VYSYA BANK LTD.	1.26%

Asset and sector split

Share of each fund, from its latest monthly portfolio

Asset allocation

Asset	Bandhan Nifty Midcap 150 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Equity	99.7%	100.1%
Debt	0.0%	0.0%
Cash and others	0.3%	-0.1%

Market cap of stocks

Market cap	Bandhan Nifty Midcap 150 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Large Cap	11.6%	11.3%
Mid Cap	83.9%	63.0%
Small Cap	4.2%	25.9%

Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Largest sectors

Sector	Bandhan Nifty Midcap 150 Index	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index
Pharmaceuticals & Biotechnology	8.8%	16.0%
Capital Markets	7.4%	15.0%
Electrical Equipment	7.1%	10.5%
Banks	8.8%	10.4%
Industrial Products	4.3%	9.8%
Auto Components	5.0%	6.1%
IT - Software	5.2%	5.5%
Finance	5.4%	1.3%

The six largest sectors of each fund's stocks, % of the fund.

Bandhan Nifty Midcap 150 Index vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index: Expense Ratio

What each plan charges a year, from AMFI's expense ratio file

Charge	Bandhan Nifty Midcap 150 Index Fund	UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
Total expense ratio (Direct)	0.63%	0.78%
Base expense ratio (Direct)	0.14%	0.46%
Total expense ratio (Regular)	1.41%	1.27%
Base expense ratio (Regular)	0.82%	0.90%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.

Bandhan Nifty Midcap 150 Index Fund vs UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Frequently Asked Questions

What is the difference between Bandhan Nifty Midcap 150 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Bandhan Nifty Midcap 150 Index Fund is an Index fund, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund is an Index fund, run by Bandhan Mutual Fund and UTI Mutual Fund. Their portfolios overlap 43.7%. Bandhan Nifty Midcap 150 Index Fund charges 0.63% a year and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund 0.78%.

Which has given higher returns, Bandhan Nifty Midcap 150 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Over 1 year: Bandhan Nifty Midcap 150 Index Fund −4.85%, UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund +0.01%. As on 30-10-2026. Past returns do not promise future returns.

Which has the lower expense ratio, Bandhan Nifty Midcap 150 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Bandhan Nifty Midcap 150 Index Fund charges less: 0.63% a year against 0.78%. These are the Direct plans' total expense ratios reported to AMFI.

How much do Bandhan Nifty Midcap 150 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund overlap?

43.7%. They hold 50 of the same securities, the largest shared ones being BSE, FEDERALBNK, MCX. From each fund's latest monthly portfolio.

Which is riskier, Bandhan Nifty Midcap 150 Index Fund or UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

On SEBI's riskometer, Bandhan Nifty Midcap 150 Index Fund is rated Very High and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 16.56% and 17.61% a year.

Can I invest in both Bandhan Nifty Midcap 150 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Yes. 43.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

Who manages Bandhan Nifty Midcap 150 Index Fund and UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund?

Bandhan Nifty Midcap 150 Index Fund: Abhishek Jain. UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund: Sharwan Kumar Goyal FM 1, Ayush Jain FM 2, Lokesh Kulthia FM 3.

Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.